Total Value Locked$4.546b
TVL by Chain
Ethereum$4.321b
Arbitrum$187.62m
Robinhood Chain$23.76m
Base$8.3m
OP Mainnet$4.96m
Gnosis$328,190
Unichain$180,553
X Layer$0
Avalanche-$0.03
Key Metrics
Fees (Annualized)$201.43m
Fees 30d$10.03m
Ethereum$10.03m
Gnosis$256.56
Fees 7d$2.41m
Ethereum$2.41m
Gnosis$74.48
Fees 24h$381,010
Ethereum$380,995
Gnosis$15.27
Cumulative Fees$341.55m
Ethereum$340.86m
Gnosis$690,063.74
Revenue (Annualized)$22.15m
Revenue 30d$270,686
Ethereum$738,359
Gnosis$126.22
Revenue 7d-$32,407
Ethereum$86,642
Gnosis$36.94
Revenue 24h$19,523
Ethereum$19,515
Gnosis$7.64
Cumulative Revenue$28.16m
Ethereum$28.97m
Gnosis$48,096.31
Holders Revenue (Annualized)$4.79m
Holders Revenue 30d$128,204
Ethereum$128,204
Gnosis$0
Holders Revenue 7d$14,930
Ethereum$14,930
Gnosis$0
Holders Revenue 24h$1,990
Ethereum$1,990
Gnosis$0
Cumulative Holders Revenue$1.99m
Ethereum$1.99m
Gnosis$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$22.15m
$270,686
-$32,407
$19,523
$28.16m
Collateral Liquidated 30d$1,230.05
Collateral Liquidated 30d by chain
Ethereum$1,230.05
Gnosis$0
Collateral Liquidated 7d$1,203.05
Ethereum$1,203.05
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$1,230.05
Ethereum$1,230.05
Gnosis$0
Market Cap$46.63m
$SPK Price$0.015
$154.9m
$74.81m
$SPK Volume 24h$7.51m
CEX Volume$5.73m
DEX Volume$3.01m(40.05% of total)
Staked$9.75m(20.92% of mcap)
Active Loans$1.795b
$SPK Liquidity$1.34m
Uniswap V3$1.34m
Treasury$60.36m
$740.89
Stablecoins$45.22m
Own Tokens$15.14m
Others$679.27
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 APY2.04%
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
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 $4.546b in total value locked. TVL has decreased 2.1% over the past 30 days.
What chains does Spark operate on?
Spark operates on 9 chains: Ethereum, Gnosis, Arbitrum, OP Mainnet, and Base and 4 others. Ethereum holds the largest share at 95%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $10.03m in fees. Of that, $270,686 was protocol revenue. Based on the trailing year, the annualized rate is $201.43m in fees and $22.15m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.016. Its circulating market capitalization is $46.89m, ranking it #569. Its fully diluted valuation is $155.76m. Supply currently stands at 3.01b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 7.3% over the past 7 days and down 13.7% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 91.6% 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 $1.795b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $60.36m. Its holdings include $45.22m in stablecoins, $740.89 in major assets, $15.14m in its own tokens, $679.27 in other assets.

