Logo of SparkSpark IRView Spark'sinvestor relations dashboardfor deeper analytics and investor reports.
Ask about Spark
Logo of SparkSpark(SPK)
Total Value Locked$5.299b

TVL by Chain

Ethereum$5.096b

Arbitrum$136.88m

Base$28.97m

OP Mainnet$21.84m

Unichain$15.15m

Gnosis$417,399

Avalanche-$0.21

Key Metrics

Fees (Annualized)$185.09m
Fees 30d$15.17m

Ethereum$15.17m

Gnosis$2,314

Fees 7d$3.41m

Ethereum$3.4m

Gnosis$1,317

Fees 24h$138,079

Ethereum$137,991

Gnosis$88

Cumulative Fees$314.52m

Ethereum$313.83m

Gnosis$686,098

Revenue (Annualized)$4.6m
Revenue 30d$377,075

Ethereum$407,134

Gnosis$1,144

Revenue 7d$133,272

Ethereum$132,613

Gnosis$659

Revenue 24h$7,651

Ethereum$7,607

Gnosis$44

Cumulative Revenue$27.03m

Ethereum$27.35m

Gnosis$46,474

Holders Revenue (Annualized)$4.34m
Holders Revenue 30d$355,902

Ethereum$355,902

Gnosis$0

Holders Revenue 7d$76,791

Ethereum$76,791

Gnosis$0

Holders Revenue 24h$10,946

Ethereum$10,946

Gnosis$0

Cumulative Holders Revenue$1.13m

Ethereum$1.13m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$4.6m

Earnings 30d$377,075

Earnings 7d$133,272

Earnings 24h$7,651

Cumulative Earnings$27.03m

Market Cap$74.24m

$SPK Price$0.027

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$271.69m

Outstanding FDV$113.2m

$SPK Volume 24h$11.72m

CEX Volume$9.42m

DEX Volume$3.43m(29.26% of total)

Staked$15.37m(20.71% of mcap)

Active Loans$1.653b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$70.62m

Majors$1,050

Stablecoins$37.01m

Own Tokens$33.6m

Others$833.9

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 Tracked35

Average APY1.6%