Ask about Spark · freeTotal Value Locked$6.892b
TVL by Chain
Ethereum$6.139b
Base$419.21m
Arbitrum$319.86m
Robinhood Chain$10.03m
OP Mainnet$3.56m
Gnosis$208,022
Unichain$166,742
X Layer-$0.47
Avalanche-$0.70
Key Metrics
Fees 30d$19.6m
Fees 30d by chain
Ethereum$19.6m
Gnosis$0.62
Fees 7d$4.76m
Ethereum$4.76m
Gnosis$0
Fees 24h$616,659
Ethereum$616,659
Gnosis$0
Cumulative Fees$391.08m
Ethereum$390.38m
Gnosis$699,922
Revenue 30d$909,483
Revenue 30d by chain
Ethereum$949,964
Gnosis$0
Revenue 7d$184,976
Ethereum$216,334
Gnosis$0
Revenue 24h-$31,358
Ethereum$0
Gnosis$0
Cumulative Revenue$25m
Ethereum$26.39m
Gnosis$48,853
Holders Revenue 30d$452,003
Holders Revenue 30d by chain
Ethereum$452,003
Gnosis$0
Holders Revenue 7d$73,144
Ethereum$73,144
Gnosis$0
Holders Revenue 24h$9,828
Ethereum$9,828
Gnosis$0
Cumulative Holders Revenue$3.98m
Ethereum$3.98m
Gnosis$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$9.71m
Earnings 30d$909,483
Earnings 7d$184,976
Earnings 24h-$31,358
Cumulative Earnings$25m
Collateral Liquidated 30d$374,452
Collateral Liquidated 30d by chain
Ethereum$374,439
Gnosis$12.69
Collateral Liquidated 7d$23.92
Ethereum$23.83
Gnosis$0.09
Collateral Liquidated 24h$10.86
Ethereum$10.86
Gnosis$0
Cumulative Collateral Liquidated$498,380
Ethereum$375,947
Gnosis$122,433
Market Cap$63.78m
$SPK Price$0.019
Fully Diluted Valuation$189.05m
Outstanding FDV$98.56m
$SPK Volume 24h$6.03m
CEX Volume$4.7m
DEX Volume$1.72m(28.6% of total)
Staked$13.78m(21.6% of mcap)
Active Loans$2.742b
Treasury$69.81m
Majors$871.71
Stablecoins$50.26m
Own Tokens$19.55m
Others$914.44
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 APY2.1%
User Activity
Active Addresses (24h)61
Transactions (24h)156
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 22, 2026.
All-time high TVL: $8.668b on Oct 28, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $7.395b |
| Sep 24, 2026 | $7.354b |
| Sep 25, 2026 | $7.248b |
| Sep 26, 2026 | $7.141b |
| Sep 27, 2026 | $7.144b |
| Sep 28, 2026 | $7.16b |
| Sep 29, 2026 | $7.267b |
| Sep 30, 2026 | $7.167b |
| 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 |
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 22, 2026 (latest) | $6.964b |
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) | $14.17m | $580,251 | $203,460 |
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 22, 2026, Spark has $6.892b in total value locked. TVL has decreased 7.1% 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 89.1%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $19.6m in fees. Of that, $909,483 was protocol revenue. Based on the trailing year, the annualized rate is $188.86m in fees and $9.71m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.019. Its circulating market capitalization is $64.18m, ranking it #507. Its fully diluted valuation is $190.22m. Supply currently stands at 3.374b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 4.9% over the past 7 days and down 12.3% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 89.7% 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 22, 2026, Spark has $2.742b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $69.81m. Its holdings include $50.26m in stablecoins, $871.71 in major assets, $19.55m in its own tokens, $914.44 in other assets.