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Sky Protocol vs MakerDAO Legacy (2026)

How Sky's USDS, sUSDS, and SparkLend relate to the original MakerDAO and DAI ecosystem.

Updated June 2026

Option A

Sky Protocol

Full guide

Option B

MakerDAO (DAI)

Full guide
CriteriaSky ProtocolMakerDAO (DAI)
StablecoinUSDS (+ sUSDS savings)DAI
Governance tokenSKY (from MKR)MKR / SKY migration
LendingSparkLend SubDAOSpark + legacy vaults
StatusActive rebrand pathLegacy brand, still live
EndgameSubDAO constellationOriginal single DAO

Verdict

Sky is MakerDAO's Endgame rebrand — USDS and SparkLend are the forward path; DAI remains widely used legacy stablecoin during transition.

Market data changes frequently. For live TVL and rates, see our DeFi tools.