Spark

Total Value Locked$6.504b
Chain Breakdown
Ethereum$6.058b
Base$388.88m
Gnosis$27.28m
Unichain$10.1m
OP Mainnet$10.02m
Arbitrum$10m
Include in TVL (optional)
$1.653b
$1.653b
$59.23m
$1.05m
$0

Protocol Information

Spark is an onchain capital allocator that borrows from Sky’s $6.5B+ stablecoin reserves to deploy capital across DeFi, CeFi, and RWAs—delivering deep, scalable liquidity to the ecosystem. For users, Spark transforms this yield into accessible products like sUSDS and sUSDC, enabling seamless, fee-free access to onchain, diversified returns.

Development Activity

(updated at 04/04/25)

Weekly commits: 130
Monthly commits: 130
Weekly developers: 12
Monthly developers: 12

Last commit: 4 months ago (2025-02-08)

Methodology

Fees: Interest paid by borrowers

Revenue: Percentage of interest going to treasury