Onchain Capital Allocator · Review
ActiveGrove Finance Review 2026: Sky's Onchain Capital Allocator
Grove is a capital allocation protocol in the Sky (formerly MakerDAO) ecosystem that deploys capital into tokenized real-world assets and DeFi positions. It holds about $1.2 billion in TVL, but public sources show no listed audits and the site reviewed is an analytics dashboard.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Grove Finance
Grove suits DeFi-literate readers who want to follow how a Sky-linked allocator spreads roughly $1.2 billion across tokenized RWAs, Aave, Morpho and Curve. Its main strength is the diversified mix and the public performance dashboard. The main caveat is that public sources show no listed audits, no fee details and no clear retail entry point, so anyone considering exposure should read the docs and risk pages first.
Score breakdown
How Grove Finance scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Grove Finance?
Grove is a capital allocation protocol in the Sky ecosystem, which was previously known as MakerDAO. DefiLlama says it launched in June 2025 and places it in the Onchain Capital Allocator category. It lists Ethereum, Base, Avalanche, Plume and Robinhood Chain, with TVL of about $1.21 billion.
The protocol puts capital into tokenized real-world assets, Aave lending, Morpho vaults and Curve LP positions. It has a GROVE token listed on DefiLlama, but the project does not describe what the token does.
The official URL reviewed is Grove Data, an independent analytics dashboard with Performance, Risk, Financials and Basin sections. It says it is educational, offers no accounts or transactions, and is not an offer of any service. That limits what can be said about user-facing products, fees and governance.
How Grove Finance works
A capital allocator takes a pool of funds and spreads it across yield-generating positions. According to DefiLlama, Grove does this within the Sky ecosystem: it deploys capital into tokenized real-world assets, Aave lending, Morpho vaults and Curve liquidity positions.
Tokenized real-world assets are onchain tokens that represent off-chain holdings, so returns depend on the issuers behind them. Aave and Morpho are lending markets where borrowers pay interest, and Curve LP positions earn trading fees by supplying liquidity to pools.
The dashboard reviewed here reports total value, yield, revenue and allocation by category and network. It states figures are derived from on-chain data and models, fluctuate, and carry no guarantee. How capital flows in and out and who controls allocation decisions is not detailed publicly.
6 features
Key features
01
Onchain capital allocation
Grove allocates capital into a mix of strategies rather than running a single product, as described by DefiLlama.
02
Tokenized RWA exposure
Capital is deployed into tokenized real-world assets, giving exposure to off-chain yield sources via onchain tokens.
03
DeFi lending and LP positions
The protocol allocates into Aave lending markets, Morpho vaults and Curve LP positions.
04
Multi-chain deployment
DefiLlama lists Ethereum, Base, Avalanche, Plume and Robinhood Chain.
05
Public performance dashboard
The dashboard tracks total value, yield, revenue and allocation by category and network, with Risk, Financials and Basin sections.
06
Sky ecosystem link
Grove sits within the Sky ecosystem, formerly MakerDAO, which is a long-running DeFi protocol family.
Pros and cons
What we like
- Sizable TVL of about $1.21 billion according to DefiLlama.
- Backed by an association with the Sky (MakerDAO) ecosystem.
- Diversified deployment across RWAs, Aave, Morpho and Curve.
- Public dashboard with risk, financial and allocation views.
- Runs on several networks, including Ethereum and Base.
Watch out for
- No audits are listed on DefiLlama for the protocol.
- Exposure to tokenized real-world assets adds issuer, custody and legal risk beyond smart-contract risk.
- Depends on the Sky ecosystem and its governance, so problems there could affect Grove.
- The official URL points to an analytics dashboard, so the project does not show how a user would participate directly.
- TVL fell 6.0% over seven days in the DefiLlama data, a reminder that allocated capital can move quickly.
- Short public track record: launched June 2025 and listed on DefiLlama only since March 2026.
Grove Finance fees
Fees are not published. The dashboard mentions revenue and financials sections, but no fee schedule or user-facing charges are stated.
Users should check the official docs and the Financials page of the dashboard to see how Grove earns revenue and whether any fees apply to participants.
Is Grove Finance safe?
DefiLlama lists no audits for Grove, so audit status should be verified in the docs. Risk comes from several layers: Grove's own contracts, the protocols it allocates into (Aave, Morpho, Curve), and the issuers and custodians behind tokenized real-world assets.
The dashboard disclaimer says figures come from on-chain data and models and carry no guarantee. No incidents, hacks or regulatory actions are mentioned publicly. Nothing here is financial advice, so do your own research before using it.
6 steps
How to get started with Grove Finance
- 1
Read the Grove docs to understand the allocation strategy and who can participate.
- 2
Open the dashboard and review the Holdings, Risk and Financials sections.
- 3
Check the asset mix across tokenized RWAs, Aave, Morpho and Curve.
- 4
Confirm which networks are supported and which one you would use.
- 5
Look for audit reports and risk disclosures before committing capital.
- 6
Use the App link from the official site only if the docs confirm it fits your needs, and start with an amount you can afford to lose.
Who Grove Finance is for
Grove is aimed at readers who track institutional-style DeFi and RWA allocation, especially those following the Sky ecosystem. It may interest analysts and researchers more than casual users, since the reviewed site is read-only analytics and the project does not explain how individuals participate.
Grove Finance FAQs
What is Grove Finance?
Grove is a capital allocation protocol within the Sky ecosystem, formerly MakerDAO. According to DefiLlama, it launched in June 2025 and deploys capital into tokenized real-world assets, Aave lending, Morpho vaults and Curve liquidity positions.
Which blockchains does Grove support?
DefiLlama lists Ethereum, Base, Avalanche, Plume and Robinhood Chain. Its description names Ethereum, Base, Avalanche and Plume as deployment networks.
Does Grove have a token?
DefiLlama shows a GROVE token. The project does not describe its utility, supply or distribution, so check the official docs before drawing conclusions.
Can I deposit directly into Grove?
The official site is a data dashboard that states no accounts or transactions are available there. It links to Info, App and Docs pages, but the project does not describe those. Start with the docs to see whether and how individuals can take part.
Is Grove audited?
DefiLlama lists no audits for Grove. Grove allocates into other protocols such as Aave, Morpho and Curve, so their risks apply too. Review the docs and Risk section of the dashboard.
How much TVL does Grove have?
DefiLlama reports roughly $1.21 billion in TVL, down 6.0% over seven days. TVL figures change constantly and may include capital deployed by the Sky ecosystem.
Compare
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.