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  1. Home
  2. Projects
  3. Sky Lending
  4. Vs
  5. Tradexyz

Sky Lending vs tradeXYZ

Compare Sky Lending and tradeXYZ on TVL, fees, revenue and activity to understand how these projects stack up.

$5.885B
Sky Lending is the flagship product of StableLab’s Sky ecosystem, enabling over‑collateralised borrowing of sUSDS and real‑world asset stablecoins. Interest accrues per‑second and can be paid in advance, allowing negative interest or fixed‑term loans. An on‑chain risk oracle adjusts LTV caps daily based on market volatility metrics sourced from Chainlink and Pyth.
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tradeXYZ is the first HIP-3 deployment on Hyperliquid, enabling 24/7 trading of XYZ perpetual futures with deep, on-chain liquidity. It introduces a new class of financial primitives where equity-like assets and crypto markets coexist under one unified, high-performance engine. Built on Hyperliquid’s low-latency L1, tradeXYZ offers near-instant execution, efficient margining and robust risk controls. Users can access around-the-clock equity exposure through XYZ perps, trade spot crypto at industry-low fees, and speculate or hedge with leverage on Hyperliquid perpetuals. By combining permissionless access, powerful tooling and novel market structures, tradeXYZ advances the vision of open, global capital markets where anyone can trade anything, anytime.
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Key Metrics Comparison

Sky Lending
TVL
$5.885B
24h Volume
N/A
24h Fees
$926.8K
24h Revenue
$477K
30d Fees
$29.57M
30d Revenue
$13.44M
7d TVL Change
+3.25%
Dominance
2.46%
tradeXYZ
TVL
N/A
24h Volume
$531.57M
24h Fees
$67.4K
24h Revenue
$20K
30d Fees
$7.74M
30d Revenue
$2.8M
7d TVL Change
N/A
Dominance
0.00%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Sky Lending
1.0%
tradeXYZ
1.0%

Volume Share

Share of combined 24h volume

Volume Share
Sky Lending
1.0%
tradeXYZ
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Sky Lending
93.2%
tradeXYZ
6.8%

Revenue Share

Share of combined 24h revenue

Revenue Share
Sky Lending
96.0%
tradeXYZ
4.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Sky Lending
3.25%
tradeXYZ
N/A

Dominance

Market dominance by TVL

Dominance
Sky Lending
2.5%
tradeXYZ
0.0%