Total Value Locked$1.769b
TVL by Chain
Ethereum$1.687b
Base$70.45m
Arbitrum$10m
OP Mainnet$1m
Unichain$37,809.74
Avalanche$0.16
Robinhood Chain$0
X Layer$0
Key Metrics
Fees (Annualized)$131.57m
Fees 30d$5.29m
Ethereum$5.29m
Fees 7d$1.42m
Ethereum$1.42m
Fees 24h$263,569
Ethereum$263,569
Cumulative Fees$167.79m
Ethereum$167.79m
Revenue (Annualized)$15.16m
Revenue 30d-$709,594
Ethereum$181,481
Revenue 7d-$95,774
Ethereum$54,983
Revenue 24h$6,300
Ethereum$6,300
Cumulative Revenue$20.88m
Ethereum$22.73m
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
$SPK Liquidity$1.34m
Uniswap V3$1.34m
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
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 GitHubCompetitors
Frequently Asked Questions
What is Spark Liquidity Layer?
The Spark Liquidity Layer (SLL) automates liquidity provision of USDS, sUSDS, and USDC directly from Sky across various blockchain networks, DeFi protocols, and RWA
What is Spark Liquidity Layer's TVL?
Spark Liquidity Layer currently has $1.769b in total value locked. TVL has increased 9.8% over the past 30 days.
What chains does Spark Liquidity Layer operate on?
Spark Liquidity Layer operates on 8 chains: Avalanche, Robinhood Chain, Unichain, Arbitrum, and X Layer and 3 others. Ethereum holds the largest share at 95.4%.
How much has Spark Liquidity Layer generated in fees and revenue?
Over the past 30 days, Spark Liquidity Layer generated $5.29m in fees. Of that, -$709,594 was protocol revenue. Based on the trailing year, the annualized rate is $131.57m in fees and $15.16m 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 #2 by TVL. The category holds $8.67b across 79 protocols, and Spark Liquidity Layer accounts for 20.4% of that total. Other leading protocols include Lagoon, Rigoblock, Veda, Spectra MetaVaults, Spectra MetaVaults Outside V2, Mitosis, MORE Vaults, MaxShot, Grove Finance, and Upshift.
