Ask about Spark · freeTotal Value Locked$6.745b
TVL by Chain
Ethereum$5.981b
Base$428.45m
Arbitrum$319.65m
Robinhood Chain$12.17m
OP Mainnet$3.56m
Gnosis$205,107
Unichain$166,713
Avalanche-$0.37
X Layer-$0.74
Key Metrics
Fees 30d$19.67m
Fees 30d by chain
Ethereum$19.67m
Gnosis$0.62
Fees 7d$4.7m
Ethereum$4.7m
Gnosis$0
Fees 24h$600,158
Ethereum$600,158
Gnosis$0
Cumulative Fees$392.43m
Ethereum$391.73m
Gnosis$699,922
Revenue 30d$894,884
Revenue 30d by chain
Ethereum$938,250
Gnosis$0
Revenue 7d$183,743
Ethereum$217,986
Gnosis$0
Revenue 24h-$34,243
Ethereum$0
Gnosis$0
Cumulative Revenue$25.07m
Ethereum$26.46m
Gnosis$48,853
Holders Revenue 30d$414,137
Holders Revenue 30d by chain
Ethereum$414,137
Gnosis$0
Holders Revenue 7d$74,272
Ethereum$74,272
Gnosis$0
Holders Revenue 24h$10,881
Ethereum$10,881
Gnosis$0
Cumulative Holders Revenue$4m
Ethereum$4m
Gnosis$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$9.71m
Earnings 30d$894,884
Earnings 7d$183,743
Earnings 24h-$34,243
Cumulative Earnings$25.07m
Collateral Liquidated 30d$374,452
Collateral Liquidated 30d by chain
Ethereum$374,439
Gnosis$12.69
Collateral Liquidated 7d$23.92
Ethereum$23.83
Gnosis$0.09
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$498,373
Ethereum$375,941
Gnosis$122,433
Market Cap$62.73m
$SPK Price$0.018
Fully Diluted Valuation$184.73m
Outstanding FDV$96.38m
$SPK Volume 24h$7.49m
CEX Volume$6.13m
DEX Volume$1.65m(22.08% of total)
Staked$13.49m(21.51% of mcap)
Active Loans$2.684b
Treasury$69.3m
Majors$845.97
Stablecoins$50.25m
Own Tokens$19.04m
Others$885.19
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 Tracked23
Average Supply APY2.12%
User Activity
Active Addresses (24h)65
Transactions (24h)197
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 Active Loans and Staking. Daily values are UTC snapshots from May 1, 2023 to Oct 24, 2026.
All-time high TVL: $8.668b on Oct 28, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Sep 25, 2026 to Oct 24, 2026
| Date | TVL |
|---|---|
| Sep 25, 2026 | $7.248b |
| Sep 26, 2026 | $7.141b |
| Sep 27, 2026 | $7.144b |
| Sep 28, 2026 | $7.16b |
| Sep 29, 2026 | $7.267b |
| Sep 30, 2026 | $7.167b |
| Oct 1, 2026 | $7.28b |
| Oct 2, 2026 | $7.319b |
| Oct 3, 2026 | $7.19b |
| Oct 4, 2026 | $7.198b |
| Oct 5, 2026 | $7.291b |
| Oct 6, 2026 | $7.342b |
| Oct 7, 2026 | $7.29b |
| Oct 8, 2026 | $7.086b |
| Oct 9, 2026 | $6.972b |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $4.481b |
| 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 24, 2026 (latest) | $6.789b |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $9.98m | $99,522 | $0 |
| 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 | $157,619 | $0 |
| May 2025 | $10.56m | $756,744 | $0 |
| Jun 2025 | $12.88m | $677,934 | $0 |
| Jul 2025 | $18.87m | $2.61m | $0 |
| Aug 2025 | $23.74m | $4.6m | $0 |
| Sep 2025 | $23.41m | $4.1m | $0 |
| Oct 2025 | $24.87m | $2.56m | $0 |
| Nov 2025 | $19.37m | $993,304 | $0 |
| Dec 2025 | $15.94m | $1.45m | $0 |
| Jan 2026 | $14.73m | $1.7m | $0 |
| Feb 2026 | $12.12m | $1.01m | $0 |
| Mar 2026 | $12.3m | $493,770 | $487,032 |
| Apr 2026 | $15.16m | -$64,697 | $383,472 |
| May 2026 | $18.41m | -$350,886 | $325,189 |
| Jun 2026 | $14.9m | $24,618 | $600,282 |
| Jul 2026 | $13.35m | $980,724 | $192,897 |
| Aug 2026 | $13.52m | $664,030 | $892,383 |
| Sep 2026 | $17.11m | $989,645 | $895,980 |
| Oct 2026 (to date) | $15.52m | $647,952 | $225,111 |
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 Oct 24, 2026, Spark has $6.745b in total value locked. TVL has decreased 8.3% 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 88.7%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $19.67m in fees. Of that, $894,884 was protocol revenue. Based on the trailing year, the annualized rate is $188.74m in fees and $9.71m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.019. Its circulating market capitalization is $63.02m, ranking it #510. Its fully diluted valuation is $185.59m. Supply currently stands at 3.396b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 7.2% over the past 7 days and down 8.9% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 89.9% 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?
As of Oct 24, 2026, Spark has $2.684b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $69.3m. Its holdings include $50.25m in stablecoins, $845.97 in major assets, $19.04m in its own tokens, $885.19 in other assets.