Logo of SparkSpark IRView Spark'sinvestor relations dashboardfor deeper analytics and investor reports.
Ask about Spark
Logo of SparkSpark(SPK)
Total Value Locked$4.688b

TVL by Chain

Ethereum$4.485b

Arbitrum$140.7m

Base$27m

OP Mainnet$19.21m

Unichain$15.14m

Gnosis$344,072

Avalanche-$0.38

Key Metrics

Fees (Annualized)$212.86m
Fees 30d$14.33m

Ethereum$14.33m

Gnosis$2,733

Fees 7d$3.13m

Ethereum$3.13m

Gnosis$779

Fees 24h$144,283

Ethereum$144,067

Gnosis$216

Cumulative Fees$322.67m

Ethereum$321.98m

Gnosis$687,430

Revenue (Annualized)$25.04m
Revenue 30d$284,632

Ethereum$320,552

Gnosis$1,340

Revenue 7d$104,059

Ethereum$103,696

Gnosis$363

Revenue 24h$12,831

Ethereum$12,723

Gnosis$108

Cumulative Revenue$27.16m

Ethereum$27.5m

Gnosis$47,114

Holders Revenue (Annualized)$1.3m
Holders Revenue 30d$315,325

Ethereum$315,325

Gnosis$0

Holders Revenue 7d$82,644

Ethereum$82,644

Gnosis$0

Holders Revenue 24h$17,993

Ethereum$17,993

Gnosis$0

Cumulative Holders Revenue$1.33m

Ethereum$1.33m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$25.04m

Earnings 30d$284,632

Earnings 7d$104,059

Earnings 24h$12,831

Cumulative Earnings$27.16m

Market Cap$57.14m

$SPK Price$0.021

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$205.7m

Outstanding FDV$86.68m

$SPK Volume 24h$30.3m

CEX Volume$31.59m

DEX Volume$18.42m(60.79% of total)

Staked$11.73m(20.52% of mcap)

Active Loans$1.538b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$62.49m

Majors$828.04

Stablecoins$36.35m

Own Tokens$26.14m

Others$670.93

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.

CategoryLending
WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

SparkLend - Include borrow interest, flashloan fee, liquidation fee and penalty paid by borrowers.View code on GitHubSpark Liquidity Layer - Total interest earned on all loans.View code on GitHub

Revenue:

SparkLend - Amount of fees go to Spark treasury.View code on GitHubSpark Liquidity Layer - Fees collected minus the Sky Base Rate (vault stability fee) plus the monthly offchain rebate calculation for things like idle USDS.View code on GitHub
Holders Revenue: SPK tokens bought back by Spark treasury using protocol surplus.View code on GitHub

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

Yields

Pools Tracked21

Average APY1.94%