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Total Value Locked$4.942b

TVL by Chain

Ethereum$4.743b

Arbitrum$136.23m

Base$27.72m

OP Mainnet$19.47m

Unichain$15.15m

Gnosis$388,741

Avalanche-$0.82

Key Metrics

Fees (Annualized)$182.61m
Fees 30d$14.97m

Ethereum$14.97m

Gnosis$2,377

Fees 7d$3.43m

Ethereum$3.43m

Gnosis$554

Fees 24h$541,027

Ethereum$540,907

Gnosis$120

Cumulative Fees$319m

Ethereum$318.31m

Gnosis$686,657

Revenue (Annualized)$2.89m
Revenue 30d$236,589

Ethereum$277,008

Gnosis$1,185

Revenue 7d$27,329

Ethereum$39,848

Gnosis$277

Revenue 24h$2,537

Ethereum$2,477

Gnosis$60

Cumulative Revenue$27.05m

Ethereum$27.39m

Gnosis$46,753

Holders Revenue (Annualized)$3.67m
Holders Revenue 30d$301,148

Ethereum$301,148

Gnosis$0

Holders Revenue 7d$75,470

Ethereum$75,470

Gnosis$0

Holders Revenue 24h$10,906

Ethereum$10,906

Gnosis$0

Cumulative Holders Revenue$1.22m

Ethereum$1.22m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$2.89m

Earnings 30d$236,589

Earnings 7d$27,329

Earnings 24h$2,537

Cumulative Earnings$27.05m

Market Cap$58.06m

$SPK Price$0.021

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$210.68m

Outstanding FDV$87.71m

$SPK Volume 24h$13.33m

CEX Volume$11.99m

DEX Volume$14.01m(105.15% of total)

Staked$11.84m(20.39% of mcap)

Active Loans$1.751b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$63.6m

Majors$962.82

Stablecoins$37.01m

Own Tokens$26.59m

Others$730.89

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 APY1.81%