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Total Value Locked$4.412b

TVL by Chain

Ethereum$4.21b

Arbitrum$140.41m

Base$27.13m

OP Mainnet$19.13m

Unichain$15.14m

Gnosis$338,641

Avalanche$1,539

Key Metrics

Fees (Annualized)$212.83m
Fees 30d$14.68m

Ethereum$14.67m

Gnosis$2,313

Fees 7d$3.88m

Ethereum$3.87m

Gnosis$540

Fees 24h$581,457

Ethereum$581,408

Gnosis$49

Cumulative Fees$320.74m

Ethereum$320.06m

Gnosis$687,098

Revenue (Annualized)$25.11m
Revenue 30d$273,412

Ethereum$309,516

Gnosis$1,156

Revenue 7d$60,669

Ethereum$73,195

Gnosis$270

Revenue 24h$42,070

Ethereum$42,045

Gnosis$25

Cumulative Revenue$27.1m

Ethereum$27.44m

Gnosis$46,949

Holders Revenue (Annualized)$1.24m
Holders Revenue 30d$281,254

Ethereum$281,254

Gnosis$0

Holders Revenue 7d$75,398

Ethereum$75,398

Gnosis$0

Holders Revenue 24h$10,901

Ethereum$10,901

Gnosis$0

Cumulative Holders Revenue$1.25m

Ethereum$1.25m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$25.11m

Earnings 30d$273,412

Earnings 7d$60,669

Earnings 24h$42,070

Cumulative Earnings$27.1m

Market Cap$51.7m

$SPK Price$0.019

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$187.6m

Outstanding FDV$79.18m

$SPK Volume 24h$17.6m

CEX Volume$15.09m

DEX Volume$16.68m(94.77% of total)

Staked$10.67m(20.64% of mcap)

Active Loans$1.497b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$60.49m

Majors$797.87

Stablecoins$37.01m

Own Tokens$23.48m

Others$652.47

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 APY2.01%