Total Value Locked$4.598b
TVL by Chain
Ethereum$4.387b
Arbitrum$181.17m
Robinhood Chain$16.04m
Base$8.16m
OP Mainnet$4.94m
Gnosis$331,312
Unichain$176,505
X Layer$0
Avalanche-$0.99
Key Metrics
Fees (Annualized)$205.63m
Fees 30d$10.35m
Ethereum$10.35m
Gnosis$231
Fees 7d$2.01m
Ethereum$2.01m
Gnosis$111
Fees 24h$224,401
Ethereum$224,401
Gnosis$0
Cumulative Fees$338.43m
Ethereum$337.74m
Gnosis$689,957
Revenue (Annualized)$23.74m
Revenue 30d$657,287
Ethereum$939,839
Gnosis$114
Revenue 7d-$147,359
Ethereum$43,537
Gnosis$55
Revenue 24h-$34,621
Ethereum$0
Gnosis$0
Cumulative Revenue$28.24m
Ethereum$28.87m
Gnosis$48,043
Holders Revenue (Annualized)$5.04m
Holders Revenue 30d$315,244
Ethereum$315,244
Gnosis$0
Holders Revenue 7d$2,993
Ethereum$2,993
Gnosis$0
Holders Revenue 24h$1,999
Ethereum$1,999
Gnosis$0
Cumulative Holders Revenue$1.97m
Ethereum$1.97m
Gnosis$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$23.74m
$657,287
-$147,359
-$34,621
$28.24m
Collateral Liquidated 30d$27
Collateral Liquidated 30d by chain
Ethereum$27
Gnosis$0
Collateral Liquidated 7d$24
Ethereum$24
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$27
Ethereum$27
Gnosis$0
Market Cap$50.35m
$SPK Price$0.017
$169.7m
$81.93m
$SPK Volume 24h$11.99m
CEX Volume$9.24m
DEX Volume$2.92m(24.39% of total)
Staked$10.81m(21.47% of mcap)
Active Loans$1.819b
$SPK Liquidity$1.34m
Uniswap V3$1.34m
Treasury$61.95m
$746.33
Stablecoins$45.23m
Own Tokens$16.72m
Others$696.22
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.
Category:Lending
Yields
Pools Tracked22
Average Supply APY1.88%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
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
Competitors
Frequently Asked Questions
What is Spark?
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.
What is Spark's TVL?
Spark currently has $4.598b in total value locked. TVL has increased 3.5% over the past 30 days.
What chains does Spark operate on?
Spark operates on 9 chains: Ethereum, Gnosis, Arbitrum, Base, and OP Mainnet and 4 others. Ethereum holds the largest share at 95.4%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $10.35m in fees. Of that, $657,287 was protocol revenue. Based on the trailing year, the annualized rate is $205.63m in fees and $23.74m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.017. Its circulating market capitalization is $50.35m, ranking it #559. Its fully diluted valuation is $169.7m. Supply currently stands at 2.967b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is up 1.4% over the past 7 days and down 1.4% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 90.8% 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?
Spark currently has $1.819b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $61.95m. Its holdings include $45.23m in stablecoins, $746.33 in major assets, $16.72m in its own tokens, $696.22 in other assets.

