Total Value Locked$4.749b
TVL by Chain
Ethereum$4.445b
Arbitrum$206.02m
Base$59.15m
Robinhood Chain$34.33m
OP Mainnet$4.28m
Gnosis$332,538
Unichain$179,343
X Layer$0
Avalanche-$0.7
Key Metrics
Fees (Annualized)$195.77m
Fees 30d$9.83m
Ethereum$9.83m
Gnosis$304.78
Fees 7d$2.67m
Ethereum$2.67m
Gnosis$70.08
Fees 24h$402,140
Ethereum$402,124
Gnosis$15.81
Cumulative Fees$346.19m
Ethereum$345.5m
Gnosis$690,161.59
Revenue (Annualized)$20.11m
Revenue 30d-$356,962
Ethereum$307,618
Gnosis$151.86
Revenue 7d$62,872
Ethereum$156,264
Gnosis$35.41
Revenue 24h-$10,925
Gnosis$7.78
Ethereum$0
Cumulative Revenue$28.09m
Ethereum$29.15m
Gnosis$48,145.64
Holders Revenue (Annualized)$4.47m
Holders Revenue 30d$50,858
Ethereum$50,858
Gnosis$0
Holders Revenue 7d$15,969
Ethereum$15,969
Gnosis$0
Holders Revenue 24h$1,999
Ethereum$1,999
Gnosis$0
Cumulative Holders Revenue$2.02m
Ethereum$2.02m
Gnosis$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$20.11m
-$356,962
$62,872
-$10,925
$28.09m
Collateral Liquidated 30d$1,237.05
Collateral Liquidated 30d by chain
Ethereum$1,237.05
Gnosis$0
Collateral Liquidated 7d$10
Ethereum$10
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$1,240.05
Ethereum$1,240.05
Gnosis$0
Market Cap$44.37m
$SPK Price$0.014
$143.96m
$69.53m
$SPK Volume 24h$5.1m
CEX Volume$3.01m
DEX Volume$2.77m(54.33% of total)
Staked$9.02m(20.34% of mcap)
Active Loans$1.81b
$SPK Liquidity$1.34m
Uniswap V3$1.34m
Treasury$58.78m
$754.74
Stablecoins$45.24m
Own Tokens$13.54m
Others$684.06
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 APY1.87%
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 $4.749b in total value locked. TVL has increased 6.4% 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 93.6%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $9.83m in fees. Of that, -$356,962 was protocol revenue. Based on the trailing year, the annualized rate is $195.77m in fees and $20.11m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.014. Its circulating market capitalization is $44.53m, ranking it #605. Its fully diluted valuation is $144.5m. Supply currently stands at 3.082b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 2% over the past 7 days and down 15.5% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 92.2% 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 $1.81b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $58.78m. Its holdings include $45.24m in stablecoins, $754.74 in major assets, $13.54m in its own tokens, $684.06 in other assets.

