Total Value Locked$4.92b
TVL by Chain
Ethereum$4.624b
Arbitrum$205.98m
Base$62.91m
Robinhood Chain$22.39m
OP Mainnet$4.28m
Gnosis$317,664
Unichain$180,741
X Layer$0
Avalanche-$0.74
Key Metrics
Fees (Annualized)$194.45m
Fees 30d$9.76m
Ethereum$9.76m
Gnosis$326.07
Fees 7d$2.56m
Ethereum$2.56m
Gnosis$62.87
Fees 24h$224,044
Ethereum$224,030
Gnosis$13.53
Cumulative Fees$347.04m
Ethereum$346.35m
Gnosis$690,191.99
Revenue (Annualized)$19.71m
Revenue 30d-$368,613
Ethereum$310,855
Gnosis$163.21
Revenue 7d$27,956
Ethereum$134,538
Gnosis$31.51
Revenue 24h-$46,677
Gnosis$6.97
Ethereum$0
Cumulative Revenue$28.01m
Ethereum$29.16m
Gnosis$48,161.37
Holders Revenue (Annualized)$4.58m
Holders Revenue 30d$136,084
Ethereum$136,084
Gnosis$0
Holders Revenue 7d$94,217
Ethereum$94,217
Gnosis$0
Holders Revenue 24h$65,356
Ethereum$65,356
Gnosis$0
Cumulative Holders Revenue$2.17m
Ethereum$2.17m
Gnosis$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$19.71m
-$368,613
$27,956
-$46,677
$28.01m
Collateral Liquidated 30d$1,218.05
Collateral Liquidated 30d by chain
Ethereum$1,218.05
Gnosis$0
Collateral Liquidated 7d$0
Ethereum$0
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$1,240.05
Ethereum$1,240.05
Gnosis$0
Market Cap$40.37m
$SPK Price$0.013
$130.61m
$63.15m
$SPK Volume 24h$5.31m
CEX Volume$3.62m
DEX Volume$1.7m(32.11% of total)
Staked$8.32m(20.61% of mcap)
Active Loans$1.915b
$SPK Liquidity$1.34m
Uniswap V3$1.34m
Treasury$60.57m
$769.12
Stablecoins$48.14m
Own Tokens$12.43m
Others$699.03
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.
Category:Lending
Yields
Pools Tracked22
Average Supply APY1.85%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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
Competitors
Frequently Asked Questions
What is Spark?
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.
What is Spark's TVL?
Spark currently has $4.92b in total value locked. TVL has increased 10.1% over the past 30 days.
What chains does Spark operate on?
Spark operates on 9 chains: Ethereum, Gnosis, Base, Arbitrum, and OP Mainnet and 4 others. Ethereum holds the largest share at 94%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $9.76m in fees. Of that, -$368,613 was protocol revenue. Based on the trailing year, the annualized rate is $194.45m in fees and $19.71m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.013. Its circulating market capitalization is $40.41m, ranking it #634. Its fully diluted valuation is $130.72m. Supply currently stands at 3.091b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 8.7% over the past 7 days and down 25.6% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 92.9% below that level.
Which protocols are included in Spark?
Spark is a parent protocol whose tracked products include SparkLend, Spark Liquidity Layer, and Spark Savings.
How much has been borrowed through Spark?
Spark currently has $1.915b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $60.57m. Its holdings include $48.14m in stablecoins, $769.12 in major assets, $12.43m in its own tokens, $699.03 in other assets.

