Sky Protocol Executes $80 Million Token Buyback Program

Sky Protocol has implemented a significant token buyback program, committing $80 million USDS to repurchase 1.25 billion SKY tokens between February and October 2025. This initiative has yielded positive results, with the SKY price increasing by 12% over the last week and boosted the protocol’s total value locked (TVL) to $6.2 billion. The buyback program, executed solely by the Sky Protocol team without public figure involvement, demonstrates their commitment to market confidence and token price stability. ]