Logo of Spark Liquidity LayerSpark Liquidity Layer(SPK)
Total Value Locked$2.464b

TVL by Chain

Ethereum$2.167b

Base$285.31m

Arbitrum$10m

OP Mainnet$997,641.14

Unichain$39,861.59

Robinhood Chain$2,912.26

Avalanche$0.16

X Layer$0

Key Metrics

Fees 30d$6.19m
Fees 30d by chain

Ethereum$6.19m

Fees 7d$1.87m

Ethereum$1.87m

Fees 24h$330,644

Ethereum$330,644

Cumulative Fees$171.96m

Ethereum$171.96m

Revenue 30d-$326,937
Revenue 30d by chain

Ethereum$223,125

Revenue 7d$70,773

Ethereum$70,773

Revenue 24h$10,387

Ethereum$10,387

Cumulative Revenue$20.65m

Ethereum$22.83m

Holders Revenue 30d$0
Holders Revenue 30d by chain

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Protocol Information

The Spark Liquidity Layer (SLL) automates liquidity provision of USDS, sUSDS, and USDC directly from Sky across various blockchain networks, DeFi protocols, and RWA

WebsiteTwitter
Category:Onchain Capital Allocator

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest earned on all loans.View code on GitHubRevenue: Fees collected minus the Sky Base Rate (vault stability fee) plus the monthly offchain rebate calculation for things like idle USDS.View code on GitHubHolders Revenue: View code on GitHub

Competitors

Lagoon ($144.88m)D2 Finance ($33.82m)Rigoblock ($239,299.89)Veda ($1.758b)Aera V3 ($148.34m)Spectra MetaVaults ($7.37m)Spectra MetaVaults Outside V2 ($5.67m)MORE Vaults ($1.84m)Mitosis ($1.38m)MaxShot ($157,224.87)

Frequently Asked Questions

What is Spark Liquidity Layer's TVL?

Spark Liquidity Layer currently has $2.464b in total value locked. TVL has increased 57.5% over the past 30 days.

What chains does Spark Liquidity Layer operate on?

Spark Liquidity Layer operates on 8 chains: Avalanche, Arbitrum, X Layer, Base, and Unichain and 3 others. Ethereum holds the largest share at 88%.

How much has Spark Liquidity Layer generated in fees and revenue?

Over the past 30 days, Spark Liquidity Layer generated $6.19m in fees. Of that, -$326,937 was protocol revenue. Based on the trailing year, the annualized rate is $124.38m in fees and $11.4m in revenue.

How does Spark Liquidity Layer's TVL compare to similar protocols?

Among Onchain Capital Allocator protocols tracked by DefiLlama, Spark Liquidity Layer ranks #1 by TVL. The category holds $9.55b across 79 protocols, and Spark Liquidity Layer accounts for 25.8% of that total. Other leading protocols include Lagoon, D2 Finance, Rigoblock, Veda, Aera V3, Spectra MetaVaults, Spectra MetaVaults Outside V2, MORE Vaults, Mitosis, and MaxShot.