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Total Value Locked$4.382b

TVL by Chain

Ethereum$4.18b

Arbitrum$140.42m

Base$27.07m

OP Mainnet$19.13m

Unichain$15.14m

Gnosis$333,899

Avalanche-$0.93

Key Metrics

Fees (Annualized)$212.55m
Fees 30d$14.24m

Ethereum$14.24m

Gnosis$2,585

Fees 7d$3.54m

Ethereum$3.53m

Gnosis$805

Fees 24h$213,736

Ethereum$213,404

Gnosis$332

Cumulative Fees$320.94m

Ethereum$320.26m

Gnosis$687,454

Revenue (Annualized)$25m
Revenue 30d$283,257

Ethereum$319,251

Gnosis$1,266

Revenue 7d$69,814

Ethereum$82,234

Gnosis$377

Revenue 24h$14,788

Ethereum$14,648

Gnosis$140

Cumulative Revenue$27.12m

Ethereum$27.46m

Gnosis$47,100

Holders Revenue (Annualized)$1.25m
Holders Revenue 30d$275,266

Ethereum$275,266

Gnosis$0

Holders Revenue 7d$75,323

Ethereum$75,323

Gnosis$0

Holders Revenue 24h$10,892

Ethereum$10,892

Gnosis$0

Cumulative Holders Revenue$1.26m

Ethereum$1.26m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$25m

Earnings 30d$283,257

Earnings 7d$69,814

Earnings 24h$14,788

Cumulative Earnings$27.12m

Market Cap$50.56m

$SPK Price$0.018

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$183.48m

Outstanding FDV$77.52m

$SPK Volume 24h$17.02m

CEX Volume$14.93m

DEX Volume$16.56m(97.29% of total)

Staked$9.93m(19.64% of mcap)

Active Loans$1.449b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$59.79m

Majors$787.1

Stablecoins$37.01m

Own Tokens$22.78m

Others$656.18

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 APY1.84%