Navigating Grove Data

Grove Data is the public record of Grove's allocations. Available at data.grove.finance, it provides real-time transparency into where capital is deployed, how it performs, and how the allocator is structured. Every position, every movement, and every structural parameter is visible and independently verifiable onchain.

Why this matters

Capital allocation requires trust. Grove Data replaces assumption with verification. Participants in the Sky Ecosystem, including governance delegates, institutional counterparties, and protocol contributors, can audit Grove's activity directly, without relying on periodic reports or intermediary disclosures. The dashboard serves as a continuous, machine-readable transparency layer across every allocation Grove manages.

The Overview page

The landing page at data.grove.finance presents two primary panels. The first displays Total Value Locked, currently approximately $2.25 billion as of this writing, with toggles for 30-day, 90-day, and lifetime views alongside a historical chart. The second panel shows yield data, including the current 30-day APY and the lifetime APY with an accompanying trend chart. Together, these panels answer the most immediate questions: is capital growing, and what is it earning. All figures update in real time and will differ from the values cited here.

Holdings

Below the overview charts sits the Holdings table. Each row represents a distinct asset position: Janus Henderson JAAA, BlackRock BUIDL-I, Aave Core RLUSD, and others across Grove's allocation mandate. Columns display Holdings Value, percentage of total holdings, lifetime APY, and Total Revenue generated by that position. The table supports filtering and sorting by asset, network, and protocol. This is the answer to a straightforward question: where exactly is the capital deployed, and in what proportion.

Granular Holdings

Each row in the Holdings table can be expanded or clicked to reveal position-level detail. At this layer, users find underlying asset information, provider and protocol specifics, token addresses for onchain verification, historical activity for that individual position, performance data, and, where applicable, oracle price and market capitalization. This is the verification layer. Any participant can take a token address from this view and trace the position directly onchain, independent of Grove's interface.

Allocation Activity

The Allocation Activity section functions as the execution history. It logs every deposit, withdrawal, and reallocation Grove has made, including amounts, counterparties, networks, and timestamps. Nothing is summarized or aggregated away. This is the audit trail: a complete, chronological record of every capital movement, visible to anyone who accesses the dashboard.

Allocator Metrics

A separate page accessible from the top navigation, Allocator Metrics presents Grove's capital structure. The Debt panel displays total outstanding debt (approximately $2.24 billion at time of writing) with a historical chart and the same 30-day, 90-day, and lifetime toggles available on the overview page.

The Risk Capital section provides the structural detail beneath that debt figure. It breaks down Total Exposure, Total Required Risk Capital (RRC), the RRC ratio, and Total Risk Capital into its component parts: Junior Risk Capital (JRC) and Senior Risk Capital (SRC). Each is further segmented into Internal, External, and Tokenized breakdowns. This section contextualizes how Grove's allocations are supported and what the risk buffer looks like at any given point.

Below Risk Capital on the Allocator Metrics page, the Exposure Breakdown table shows allocation concentration at the position level. Each row displays the asset, protocol, network, value, and a detailed risk decomposition: Financial RRC, Admin RRC, Smart Contract RRC, Total RRC, and RRC as a percentage of exposure. Positions span protocols including Centrifuge, Securitize, and Aave, across networks such as Ethereum and Avalanche. This answers a specific and important question: how concentrated or diversified is the portfolio, and what is the risk profile of each individual position.

The bigger picture

Grove Data enables independent verification of allocation activity, holdings, exposure, and capital structure. It is not a reporting tool. It is a transparency layer, designed to make Grove's operations legible to anyone participating in or evaluating the Sky ecosystem. The data is continuous, onchain, and open.

Explore the dashboard at data.grove.finance.

Important information:

All figures referenced in this post are current as of the date of publication and will change in real time. Grove Data reflects live onchain data. Past performance is not indicative of future results. Not an offer or solicitation. Available to eligible participants only.