Sky Co-founder: The Next Era of Onchain Finance Is Coming

Sky Co-founder: The Next Era of Onchain Finance Is Coming

April 21, 2026 · 44 min

About this episode

Rune Christensen discusses the future of onchain finance and risk management in DeFi.

For this weeks Stabled Up episode, Sky co-founder Rune Christensen breaks down recent DeFi exploits, Sky's risk model, the future of yieldcoins, onchain lending, and why the next era of DeFi scale will be centered around risk management. Rune Christensen is the co-founder of Sky, formerly MakerDAO, the issuer of USDS. The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world. Timestamps: 00:00 Intro 01:10 Exploit Initial Reactions 03:38 Fear Worse Than Hack 05:42 Schrodinger's Collateral Explained 08:03 USDS Yield Spike 09:00 Sky Product Stack 11:44 Flight to Quality 16:07 Spark Subsidized Liquidity 18:26 Sky's Collateral Philosophy 25:00 Skylink Explained 27:12 In-house Bridge Standard 29:06 Fed Rates & DeFi 33:44 Why Security Enables Scale 38:00 Isolated vs. Pooled Lending 42:07 DeFi Is Not Over Website: https://therollup.co/ Spotify: https://open.spotify.com/show/1P6ZeYd... Podcast: https://therollup.co/category/podcast Follow us on X: https://www.x.com/therollupco Follow Rob on X: https://x.com/robbieklages Follow Andy on X: https://x.com/andyyy Join our TG group: https://t.me/+TsM1CRpWFgk1NGZh The Rollup…

People in this episode

Hosts: Robbie, Andy

Guest: Rune Christensen

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Mentioned in this episode

Organizations: Sky, MakerDAO, USDS, The Rollup, Fed

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