Ask about Spark · freeTotal Value Locked$6.626b
TVL by Chain
Ethereum$5.971b
Arbitrum$340.43m
Base$299.41m
Robinhood Chain$11.7m
OP Mainnet$3.46m
Gnosis$196,019
Unichain$152,622
X Layer-$0.56
Avalanche-$0.77
Key Metrics
Fees 30d$20.53m
Fees 30d by chain
Ethereum$20.53m
Gnosis$0.02
Fees 7d$4.84m
Ethereum$4.84m
Gnosis$0
Fees 24h$631,925
Ethereum$631,925
Gnosis$0
Cumulative Fees$383.3m
Ethereum$382.6m
Gnosis$699,922
Revenue 30d$1m
Revenue 30d by chain
Ethereum$1.04m
Gnosis$0
Revenue 7d$303,509
Ethereum$303,509
Gnosis$0
Revenue 24h$17,695
Ethereum$17,695
Gnosis$0
Cumulative Revenue$20.19m
Ethereum$22.38m
Gnosis$48,853
Holders Revenue 30d$325,315
Holders Revenue 30d by chain
Ethereum$325,315
Gnosis$0
Holders Revenue 7d$81,125
Ethereum$81,125
Gnosis$0
Holders Revenue 24h$14,654
Ethereum$14,654
Gnosis$0
Cumulative Holders Revenue$4.16m
Ethereum$4.16m
Gnosis$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$6.38m
Earnings 30d$1m
Earnings 7d$303,509
Earnings 24h$17,695
Cumulative Earnings$20.19m
Collateral Liquidated 30d$3,105
Collateral Liquidated 30d by chain
Ethereum$3,105
Gnosis$0.53
Collateral Liquidated 7d$1.12
Ethereum$1.12
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$501,447
Ethereum$379,015
Gnosis$122,433
Market Cap$54.77m
$SPK Price$0.016
Fully Diluted Valuation$159.23m
Outstanding FDV$84.1m
$SPK Volume 24h$3.13m
CEX Volume$2.3m
DEX Volume$1.28m(40.91% of total)
Staked$11.75m(21.45% of mcap)
Active Loans$2.722b
Treasury$64.94m
Majors$673.24
Stablecoins$48.99m
Own Tokens$15.95m
Others$822.41
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.
- SparkLendLending
- Spark Liquidity LayerOnchain Capital Allocator
- Spark SavingsYield
Yields
Pools Tracked30
Average Supply APY1.76%
User Activity
Active Addresses (24h)63
Transactions (24h)136
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
Spark history
TVL is the default DefiLlama definition, which excludes Staking and Active Loans. Daily values are UTC snapshots from May 1, 2023 to Nov 8, 2026.
All-time high TVL: $8.668b on Oct 28, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Oct 10, 2026 to Nov 8, 2026
| Date | TVL |
|---|---|
| Oct 10, 2026 | $6.852b |
| Oct 11, 2026 | $6.895b |
| Oct 12, 2026 | $6.949b |
| Oct 13, 2026 | $6.963b |
| Oct 14, 2026 | $7.036b |
| Oct 15, 2026 | $6.958b |
| Oct 16, 2026 | $6.965b |
| Oct 17, 2026 | $6.906b |
| Oct 18, 2026 | $6.845b |
| Oct 19, 2026 | $6.824b |
| Oct 20, 2026 | $6.797b |
| Oct 21, 2026 | $6.87b |
| Oct 22, 2026 | $6.964b |
| Oct 23, 2026 | $6.797b |
| Oct 24, 2026 | $6.789b |
| Oct 25, 2026 | $6.731b |
| Oct 26, 2026 | $6.629b |
| Oct 27, 2026 | $6.664b |
| Oct 28, 2026 | $6.743b |
| Oct 29, 2026 | $6.832b |
| Oct 30, 2026 | $6.647b |
| Oct 31, 2026 | $6.724b |
| Nov 1, 2026 | $6.586b |
| Nov 2, 2026 | $6.68b |
| Nov 3, 2026 | $6.627b |
| Nov 4, 2026 | $6.924b |
| Nov 5, 2026 | $7.329b |
| Nov 6, 2026 | $7.05b |
| Nov 7, 2026 | $6.733b |
| Nov 8, 2026 | $6.668b |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $3.841b |
| Jan 31, 2025 | $3.462b |
| Feb 28, 2025 | $2.725b |
| Mar 31, 2025 | $2.148b |
| Apr 30, 2025 | $3.426b |
| May 31, 2025 | $5.438b |
| Jun 30, 2025 | $5.964b |
| Jul 31, 2025 | $6.722b |
| Aug 31, 2025 | $6.801b |
| Sep 30, 2025 | $7.697b |
| Oct 31, 2025 | $8.284b |
| Nov 30, 2025 | $6.432b |
| Dec 31, 2025 | $5.903b |
| Jan 31, 2026 | $4.758b |
| Feb 28, 2026 | $3.739b |
| Mar 31, 2026 | $3.671b |
| Apr 30, 2026 | $4.685b |
| May 31, 2026 | $5.093b |
| Jun 30, 2026 | $4.612b |
| Jul 31, 2026 | $4.726b |
| Aug 31, 2026 | $5.748b |
| Sep 30, 2026 | $7.167b |
| Oct 31, 2026 | $6.724b |
| Nov 8, 2026 (latest) | $6.668b |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.644b |
| Dec 31, 2024 | $3.841b |
| Dec 31, 2025 | $5.903b |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $18.6m | $135,017 | $0 |
| Jan 2025 | $14.6m | $108,576 | $0 |
| Feb 2025 | $9.46m | $118,184 | $0 |
| Mar 2025 | $6.55m | $86,076 | $0 |
| Apr 2025 | $7.1m | $130,026 | $0 |
| May 2025 | $10.26m | $450,865 | $0 |
| Jun 2025 | $12.54m | $336,775 | $0 |
| Jul 2025 | $18.42m | $2.16m | $0 |
| Aug 2025 | $23.24m | $4.11m | $0 |
| Sep 2025 | $22.94m | $3.63m | $0 |
| Oct 2025 | $24.24m | $2m | $0 |
| Nov 2025 | $18.47m | $574,576 | $0 |
| Dec 2025 | $14.48m | $1.24m | $0 |
| Jan 2026 | $13.15m | $1.45m | $0 |
| Feb 2026 | $10.91m | $855,259 | $0 |
| Mar 2026 | $10.52m | $395,740 | $487,032 |
| Apr 2026 | $13.42m | -$240,858 | $383,472 |
| May 2026 | $15.8m | -$572,942 | $325,189 |
| Jun 2026 | $13.55m | -$218,934 | $600,282 |
| Jul 2026 | $12.06m | $698,800 | $192,897 |
| Aug 2026 | $12.29m | $377,046 | $892,383 |
| Sep 2026 | $15.84m | $614,176 | $895,980 |
| Oct 2026 | $20.67m | $835,603 | $298,861 |
| Nov 2026 (to date) | $5.13m | $329,844 | $95,763 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/spark
Frequently asked questions
What is Spark's TVL?
As of Nov 8, 2026, Spark has $6.626b in total value locked. TVL has decreased 5% 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 90.1%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $20.53m in fees. Of that, $1m was protocol revenue. Based on the trailing year, the annualized rate is $171.61m in fees and $6.38m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.016. Its circulating market capitalization is $54.77m, ranking it #560. Its fully diluted valuation is $159.23m. Supply currently stands at 3.439b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 8.2% over the past 7 days and down 27.2% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 91.4% 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?
As of Nov 8, 2026, Spark has $2.722b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $64.94m. Its holdings include $48.99m in stablecoins, $673.24 in major assets, $15.95m in its own tokens, $822.41 in other assets.