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Total Value Locked$4.868b

TVL by Chain

Ethereum$4.666b

Arbitrum$139m

Base$27.55m

OP Mainnet$19.47m

Unichain$15.15m

Gnosis$369,016

Avalanche-$0.86

Key Metrics

Fees (Annualized)$175.18m
Fees 30d$14.36m

Ethereum$14.36m

Gnosis$2,331

Fees 7d$3.45m

Ethereum$3.45m

Gnosis$525

Fees 24h$157,393

Ethereum$157,323

Gnosis$70

Cumulative Fees$319.71m

Ethereum$319.03m

Gnosis$686,787

Revenue (Annualized)$2.98m
Revenue 30d$244,512

Ethereum$280,608

Gnosis$1,164

Revenue 7d$26,438

Ethereum$38,972

Gnosis$262

Revenue 24h$9,423

Ethereum$9,388

Gnosis$35

Cumulative Revenue$27.06m

Ethereum$27.4m

Gnosis$46,818

Holders Revenue (Annualized)$3.5m
Holders Revenue 30d$287,162

Ethereum$287,162

Gnosis$0

Holders Revenue 7d$75,416

Ethereum$75,416

Gnosis$0

Holders Revenue 24h$10,902

Ethereum$10,902

Gnosis$0

Cumulative Holders Revenue$1.23m

Ethereum$1.23m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$2.98m

Earnings 30d$244,512

Earnings 7d$26,438

Earnings 24h$9,423

Cumulative Earnings$27.06m

Market Cap$54.2m

$SPK Price$0.02

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$196.67m

Outstanding FDV$81.99m

$SPK Volume 24h$14.47m

CEX Volume$17.49m

DEX Volume$16.33m(112.82% of total)

Staked$10.86m(20.04% of mcap)

Active Loans$1.68b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$61.65m

Majors$890.4

Stablecoins$37.01m

Own Tokens$24.64m

Others$675.74

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 APY1.8%