--- title: "Sky Protocol Repurchases 31 Million SKY Tokens to Boost Confidence" type: "News" locale: "en" url: "https://longbridge.com/en/news/275341144.md" description: "Sky Protocol has executed a significant buyback of 31 million SKY tokens, investing $1.9 million USDS in the past week. According to NS3.AI, this move brings the total expenditure on repurchases to over $108 million USDS. The buyback initiative is designed to bolster the token's value and reflect the project's confidence in its future prospects." datetime: "2026-02-09T15:31:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275341144.md) - [en](https://longbridge.com/en/news/275341144.md) - [zh-HK](https://longbridge.com/zh-HK/news/275341144.md) --- # Sky Protocol Repurchases 31 Million SKY Tokens to Boost Confidence Sky Protocol has executed a significant buyback of 31 million SKY tokens, investing $1.9 million USDS in the past week. According to NS3.AI, this move brings the total expenditure on repurchases to over $108 million USDS. The buyback initiative is designed to bolster the token's value and reflect the project's confidence in its future prospects. ### Related Stocks - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [DFDVW.US](https://longbridge.com/en/quote/DFDVW.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [DFDV.US](https://longbridge.com/en/quote/DFDV.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [GLXY.US](https://longbridge.com/en/quote/GLXY.US.md) - [RIOT.US](https://longbridge.com/en/quote/RIOT.US.md) - [DEFT.US](https://longbridge.com/en/quote/DEFT.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [BLCN.US](https://longbridge.com/en/quote/BLCN.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [DEFI.US](https://longbridge.com/en/quote/DEFI.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) ## Related News & Research - [Joe Lubin Says Ethereum Is Moving Toward Systemically Important Finance](https://longbridge.com/en/news/290582397.md) - [Ledn Adds Tether Gold Collateral As Tokenized Gold Enters Crypto Lending](https://longbridge.com/en/news/290308443.md) - [Key facts: ETF Approvals Fail; 50k-ETH Short Raised; Japan Reclassifies](https://longbridge.com/en/news/290434367.md) - [Zama - Confidential USDC Vault - 23 June 2026](https://longbridge.com/en/news/290084536.md) - [Allora (ALLO) - Allora & Quack AI - Date (23 June 2026)](https://longbridge.com/en/news/290613598.md)