Ask about Spark · freeTotal Value Locked$6.666b
TVL by Chain
Ethereum$5.867b
Base$451.38m
Arbitrum$329.59m
Robinhood Chain$13.72m
OP Mainnet$3.55m
Gnosis$198,836
Unichain$141,346
Avalanche-$0.84
X Layer-$0.97
Key Metrics
Fees 30d$20.27m
Fees 30d by chain
Ethereum$20.27m
Gnosis$0.62
Fees 7d$4.95m
Ethereum$4.95m
Gnosis$0
Fees 24h$721,880
Ethereum$721,880
Gnosis$0
Cumulative Fees$396.53m
Ethereum$395.83m
Gnosis$699,922
Revenue 30d$1.12m
Revenue 30d by chain
Ethereum$1.13m
Gnosis$0
Revenue 7d$425,303
Ethereum$425,303
Gnosis$0
Revenue 24h$108,035
Ethereum$108,035
Gnosis$0
Cumulative Revenue$25.5m
Ethereum$26.86m
Gnosis$48,853
Holders Revenue 30d$295,874
Holders Revenue 30d by chain
Ethereum$295,874
Gnosis$0
Holders Revenue 7d$74,682
Ethereum$74,682
Gnosis$0
Holders Revenue 24h$10,592
Ethereum$10,592
Gnosis$0
Cumulative Holders Revenue$4.06m
Ethereum$4.06m
Gnosis$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$9.12m
Earnings 30d$1.12m
Earnings 7d$425,303
Earnings 24h$108,035
Cumulative Earnings$25.5m
Collateral Liquidated 30d$377,522
Collateral Liquidated 30d by chain
Ethereum$377,510
Gnosis$12.69
Collateral Liquidated 7d$3,070
Ethereum$3,070
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$501,439
Ethereum$379,006
Gnosis$122,433
Market Cap$57.61m
$SPK Price$0.017
Fully Diluted Valuation$169.66m
Outstanding FDV$88.54m
$SPK Volume 24h$6.63m
CEX Volume$5.78m
DEX Volume$1.55m(23.44% of total)
Staked$12.48m(21.67% of mcap)
Active Loans$2.717b
Treasury$66m
Majors$677.28
Stablecoins$48.92m
Own Tokens$17.08m
Others$852.24
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.
- SparkLendLending
- Spark Liquidity LayerOnchain Capital Allocator
- Spark SavingsYield
Yields
Pools Tracked23
Average Supply APY2.2%
User Activity
Active Addresses (24h)115
Transactions (24h)381
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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
Spark history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from May 1, 2023 to Oct 30, 2026.
All-time high TVL: $8.668b on Oct 28, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $7.28b |
| Oct 2, 2026 | $7.319b |
| Oct 3, 2026 | $7.19b |
| Oct 4, 2026 | $7.198b |
| Oct 5, 2026 | $7.291b |
| Oct 6, 2026 | $7.342b |
| Oct 7, 2026 | $7.29b |
| Oct 8, 2026 | $7.086b |
| Oct 9, 2026 | $6.972b |
| Oct 10, 2026 | $6.852b |
| Oct 11, 2026 | $6.895b |
| Oct 12, 2026 | $6.949b |
| Oct 13, 2026 | $6.963b |
| Oct 14, 2026 | $7.036b |
| Oct 15, 2026 | $6.958b |
| Oct 16, 2026 | $6.965b |
| Oct 17, 2026 | $6.906b |
| Oct 18, 2026 | $6.845b |
| Oct 19, 2026 | $6.824b |
| Oct 20, 2026 | $6.797b |
| Oct 21, 2026 | $6.87b |
| Oct 22, 2026 | $6.964b |
| Oct 23, 2026 | $6.797b |
| Oct 24, 2026 | $6.789b |
| Oct 25, 2026 | $6.731b |
| Oct 26, 2026 | $6.629b |
| Oct 27, 2026 | $6.664b |
| Oct 28, 2026 | $6.743b |
| Oct 29, 2026 | $6.832b |
| Oct 30, 2026 | $6.647b |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $4.481b |
| Dec 31, 2024 | $3.841b |
| Jan 31, 2025 | $3.462b |
| Feb 28, 2025 | $2.725b |
| Mar 31, 2025 | $2.148b |
| Apr 30, 2025 | $3.426b |
| May 31, 2025 | $5.438b |
| Jun 30, 2025 | $5.964b |
| Jul 31, 2025 | $6.722b |
| Aug 31, 2025 | $6.801b |
| Sep 30, 2025 | $7.697b |
| Oct 31, 2025 | $8.284b |
| Nov 30, 2025 | $6.432b |
| Dec 31, 2025 | $5.903b |
| Jan 31, 2026 | $4.758b |
| Feb 28, 2026 | $3.739b |
| Mar 31, 2026 | $3.671b |
| Apr 30, 2026 | $4.685b |
| May 31, 2026 | $5.093b |
| Jun 30, 2026 | $4.612b |
| Jul 31, 2026 | $4.726b |
| Aug 31, 2026 | $5.748b |
| Sep 30, 2026 | $7.167b |
| Oct 30, 2026 (latest) | $6.647b |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.644b |
| Dec 31, 2024 | $3.841b |
| Dec 31, 2025 | $5.903b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $9.98m | $99,522 | $0 |
| Dec 2024 | $18.6m | $135,017 | $0 |
| Jan 2025 | $14.6m | $108,576 | $0 |
| Feb 2025 | $9.46m | $118,184 | $0 |
| Mar 2025 | $6.55m | $86,076 | $0 |
| Apr 2025 | $7.1m | $157,619 | $0 |
| May 2025 | $10.56m | $756,744 | $0 |
| Jun 2025 | $12.88m | $677,934 | $0 |
| Jul 2025 | $18.87m | $2.61m | $0 |
| Aug 2025 | $23.74m | $4.6m | $0 |
| Sep 2025 | $23.41m | $4.1m | $0 |
| Oct 2025 | $24.87m | $2.56m | $0 |
| Nov 2025 | $19.37m | $993,304 | $0 |
| Dec 2025 | $15.94m | $1.45m | $0 |
| Jan 2026 | $14.73m | $1.7m | $0 |
| Feb 2026 | $12.12m | $1.01m | $0 |
| Mar 2026 | $12.3m | $493,770 | $487,032 |
| Apr 2026 | $15.16m | -$64,697 | $383,472 |
| May 2026 | $18.41m | -$350,886 | $325,189 |
| Jun 2026 | $14.9m | $24,618 | $600,282 |
| Jul 2026 | $13.35m | $980,724 | $192,897 |
| Aug 2026 | $13.52m | $664,030 | $892,383 |
| Sep 2026 | $17.11m | $989,645 | $895,980 |
| Oct 2026 (to date) | $19.9m | $1.11m | $288,688 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/spark
Frequently asked questions
What is Spark's TVL?
As of Oct 30, 2026, Spark has $6.666b in total value locked. TVL has decreased 7% over the past 30 days.
What chains does Spark operate on?
Spark operates on 9 chains: Ethereum, Gnosis, Base, Arbitrum, and OP Mainnet and 4 others. Ethereum holds the largest share at 88%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $20.27m in fees. Of that, $1.12m was protocol revenue. Based on the trailing year, the annualized rate is $188.02m in fees and $9.12m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.017. Its circulating market capitalization is $58.06m, ranking it #543. Its fully diluted valuation is $170.99m. Supply currently stands at 3.396b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 8.7% over the past 7 days and down 28.2% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 90.7% 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?
As of Oct 30, 2026, Spark has $2.717b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $66m. Its holdings include $48.92m in stablecoins, $677.28 in major assets, $17.08m in its own tokens, $852.24 in other assets.