Ask about Spark · freeTotal Value Locked$6.861b
TVL by Chain
Ethereum$6.072b
Base$452.62m
Arbitrum$322.47m
Robinhood Chain$10.09m
OP Mainnet$3.57m
Gnosis$208,351
Unichain$166,521
X Layer-$0.22
Avalanche-$0.53
Key Metrics
Fees 30d$19.42m
Fees 30d by chain
Ethereum$19.42m
Gnosis$0.62
Fees 7d$4.83m
Ethereum$4.83m
Gnosis$0.02
Fees 24h$618,021
Ethereum$618,021
Gnosis$0
Cumulative Fees$389.03m
Ethereum$388.33m
Gnosis$699,922
Revenue 30d$898,309
Revenue 30d by chain
Ethereum$940,665
Gnosis$0
Revenue 7d$121,146
Ethereum$154,379
Gnosis$0
Revenue 24h-$33,233
Ethereum$0
Gnosis$0
Cumulative Revenue$24.88m
Ethereum$26.27m
Gnosis$48,853
Holders Revenue 30d$511,476
Holders Revenue 30d by chain
Ethereum$511,476
Gnosis$0
Holders Revenue 7d$74,068
Ethereum$74,068
Gnosis$0
Holders Revenue 24h$10,705
Ethereum$10,705
Gnosis$0
Cumulative Holders Revenue$3.95m
Ethereum$3.95m
Gnosis$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$9.72m
Earnings 30d$898,309
Earnings 7d$121,146
Earnings 24h-$33,233
Cumulative Earnings$24.88m
Collateral Liquidated 30d$374,441
Collateral Liquidated 30d by chain
Ethereum$374,429
Gnosis$12.69
Collateral Liquidated 7d$16.02
Ethereum$15.49
Gnosis$0.53
Collateral Liquidated 24h$7.10
Ethereum$7.01
Gnosis$0.09
Cumulative Collateral Liquidated$498,358
Ethereum$375,925
Gnosis$122,433
Market Cap$65.91m
$SPK Price$0.02
Fully Diluted Valuation$195.37m
Outstanding FDV$101.87m
$SPK Volume 24h$6.51m
CEX Volume$5.28m
DEX Volume$1.39m(21.44% of total)
Staked$14.2m(21.54% of mcap)
Active Loans$2.716b
Treasury$69.77m
Majors$854.42
Stablecoins$50.25m
Own Tokens$19.52m
Others$897.86
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)50
Transactions (24h)128
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 19, 2026.
All-time high TVL: $8.668b on Oct 28, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| Sep 20, 2026 | $7.101b |
| Sep 21, 2026 | $7.231b |
| Sep 22, 2026 | $7.415b |
| 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 |
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 19, 2026 (latest) | $6.824b |
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) | $12.12m | $461,522 | $172,132 |
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 19, 2026, Spark has $6.861b in total value locked. TVL has decreased 3% 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 88.5%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $19.42m in fees. Of that, $898,309 was protocol revenue. Based on the trailing year, the annualized rate is $189.02m in fees and $9.72m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.02. Its circulating market capitalization is $65.91m, ranking it #504. Its fully diluted valuation is $195.37m. Supply currently stands at 3.374b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 11.6% over the past 7 days and down 6.6% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 89.4% 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 19, 2026, Spark has $2.716b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $69.77m. Its holdings include $50.25m in stablecoins, $854.42 in major assets, $19.52m in its own tokens, $897.86 in other assets.