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Total Value Locked$4.807b

TVL by Chain

Ethereum$4.605b

Arbitrum$140.6m

Base$26.91m

OP Mainnet$19.22m

Unichain$15.14m

Gnosis$348,382

Avalanche-$0.55

Key Metrics

Fees (Annualized)$212.57m
Fees 30d$14.07m

Ethereum$14.07m

Gnosis$2,593

Fees 7d$3.19m

Ethereum$3.18m

Gnosis$747

Fees 24h$139,121

Ethereum$139,055

Gnosis$66

Cumulative Fees$321.49m

Ethereum$320.81m

Gnosis$687,199

Revenue (Annualized)$25.02m
Revenue 30d$273,627

Ethereum$309,617

Gnosis$1,270

Revenue 7d$84,482

Ethereum$84,135

Gnosis$347

Revenue 24h$7,290

Ethereum$7,257

Gnosis$33

Cumulative Revenue$27.12m

Ethereum$27.46m

Gnosis$46,998

Holders Revenue (Annualized)$1.27m
Holders Revenue 30d$287,358

Ethereum$287,358

Gnosis$0

Holders Revenue 7d$76,426

Ethereum$76,426

Gnosis$0

Holders Revenue 24h$10,925

Ethereum$10,925

Gnosis$0

Cumulative Holders Revenue$1.27m

Ethereum$1.27m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$25.02m

Earnings 30d$273,627

Earnings 7d$84,482

Earnings 24h$7,290

Cumulative Earnings$27.12m

Market Cap$52.69m

$SPK Price$0.019

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$189.71m

Outstanding FDV$80.19m

$SPK Volume 24h$13.06m

CEX Volume$11.31m

DEX Volume$14.86m(113.79% of total)

Staked$10.74m(20.37% of mcap)

Active Loans$1.54b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$60.03m

Majors$809.76

Stablecoins$37.01m

Own Tokens$23.02m

Others$666.18

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.

CategoryLending
WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

SparkLend - Include borrow interest, flashloan fee, liquidation fee and penalty paid by borrowers.View code on GitHubSpark Liquidity Layer - Total interest earned on all loans.View code on GitHub

Revenue:

SparkLend - Amount of fees go to Spark treasury.View code on GitHubSpark Liquidity Layer - Fees collected minus the Sky Base Rate (vault stability fee) plus the monthly offchain rebate calculation for things like idle USDS.View code on GitHub
Holders Revenue: SPK tokens bought back by Spark treasury using protocol surplus.View code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields

Pools Tracked21

Average APY1.85%