Sky Lending climbed to tenth place in 24-hour protocol fees, generating $929,296 and surpassing Polymarket International, which posted $877,293 in the same period, according to on-chain data from DefiLlama. The ranking represents an advance of one position from the previous day.
Sky Lending's advance into the top ten placed it ahead of a prediction market protocol. The protocol's fee volume now exceeds Polymarket International's by $52,003, a 5.9 percent margin. Protocol fee rankings fluctuate with trading volume and user activity; daily shifts of a single position are common in the tier spanning ranks eight through twelve.
Sky is a decentralized lending protocol built on Ethereum and multiple Layer 2 networks. The protocol allows users to deposit crypto assets as collateral and borrow against them. Fee generation scales with borrowing volume and the interest rates charged by the protocol at any given time. Polymarket International operates a prediction market where users trade shares of event outcomes; its fees come from market spreads and transaction volumes on individual markets.
The top fee earners shift daily based on network activity and market conditions. Lido, Uniswap, and OpenSea have occupied the top three positions consistently over the past year, each generating fees in the millions per day. Lending protocols and prediction markets compete across a wider tier, with rank fluctuations tied to user onboarding cycles, seasonal trading patterns, and changes in collateral demand.
Sky's ranking improvement placed it one position higher than the previous day. Whether this movement will persist depends on sustained borrowing activity in coming weeks. If Sky maintains a top-ten position through August, it will have held the rank across at least four weeks; if it drops below rank fifteen, the climb will have been a temporary surge.
