ETH: Sky: Collateral Value and Debt

Shown as its 2019–2022 sample; the latest readings and full history are included with Plus.

The value of the collateral locked in Sky (formerly Maker) vaults beside the debt drawn against it.

Why use it. The gap between the two is the cushion that keeps DAI and USDS backed: when collateral prices fall toward the debt, liquidations begin. How to read it. Lines moving apart mean a growing cushion; lines closing mean a thinner one. Vault types with no market price for their collateral are left out of the value.

Calculation. Collateral: for each vault type the locked amount from the protocol at its own price, from the lending producer's hourly rows (kept since 19 October 2026, so the chart starts then), at each day's latest stored hour. Debt: Vat.ilks(ilk) Art x rate at the last block of each day, for the vault types the node reads. Computed by CryptoKeyhole from its own Ethereum archive node: each protocol's own contracts read at the last block of every UTC day (the latest finalized block for the day still open). Only these systems are read: other collateralized stablecoins are not counted, and every figure is the contract's own report.