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Total Value Locked$4.955b

TVL by Chain

Ethereum$4.753b

Arbitrum$139.23m

Base$27.46m

OP Mainnet$19.49m

Unichain$15.15m

Gnosis$369,743

Avalanche-$0.52

Key Metrics

Fees (Annualized)$179.96m
Fees 30d$14.75m

Ethereum$14.75m

Gnosis$2,331

Fees 7d$3.84m

Ethereum$3.84m

Gnosis$525

Fees 24h$549,451

Ethereum$549,381

Gnosis$70

Cumulative Fees$320.11m

Ethereum$319.42m

Gnosis$686,821

Revenue (Annualized)$2.95m
Revenue 30d$241,440

Ethereum$277,536

Gnosis$1,164

Revenue 7d$23,366

Ethereum$35,900

Gnosis$262

Revenue 24h$6,351

Ethereum$6,316

Gnosis$35

Cumulative Revenue$27.06m

Ethereum$27.4m

Gnosis$46,837

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$1.24m

Ethereum$1.24m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$2.95m

Earnings 30d$241,440

Earnings 7d$23,366

Earnings 24h$6,351

Cumulative Earnings$27.06m

Market Cap$53.19m

$SPK Price$0.019

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$193.01m

Outstanding FDV$80.52m

$SPK Volume 24h$14.58m

CEX Volume$17.14m

DEX Volume$16.54m(113.5% of total)

Staked$11.09m(20.86% of mcap)

Active Loans$1.751b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$61.45m

Majors$894.37

Stablecoins$37.01m

Own Tokens$24.43m

Others$695.21

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 APY1.99%