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Total Value Locked$4.861b

TVL by Chain

Ethereum$4.658b

Arbitrum$140.4m

Base$27.54m

OP Mainnet$19.45m

Unichain$15.14m

Gnosis$369,558

Avalanche-$0.32

Key Metrics

Fees (Annualized)$212.43m
Fees 30d$14.28m

Ethereum$14.28m

Gnosis$2,313

Fees 7d$3.48m

Ethereum$3.48m

Gnosis$540

Fees 24h$184,411

Ethereum$184,362

Gnosis$49

Cumulative Fees$320.13m

Ethereum$319.44m

Gnosis$686,765

Revenue (Annualized)$25.08m
Revenue 30d$240,725

Ethereum$276,829

Gnosis$1,156

Revenue 7d$27,982

Ethereum$40,508

Gnosis$270

Revenue 24h$9,383

Ethereum$9,358

Gnosis$25

Cumulative Revenue$27.06m

Ethereum$27.4m

Gnosis$46,808

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$1.24m

Ethereum$1.24m

Gnosis$0

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$25.08m

Earnings 30d$240,725

Earnings 7d$27,982

Earnings 24h$9,383

Cumulative Earnings$27.06m

Market Cap$54.88m

$SPK Price$0.02

All Time High$0.18

All Time Low$0.018

Fully Diluted Valuation$199.15m

Outstanding FDV$84.01m

$SPK Volume 24h$16.6m

CEX Volume$13.83m

DEX Volume$15.96m(96.17% of total)

Staked$11.2m(20.41% of mcap)

Active Loans$1.677b

$SPK Liquidity$1.34m

Uniswap V3$1.34m

Treasury$61.79m

Majors$885.99

Stablecoins$37.01m

Own Tokens$24.78m

Others$689.71

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 APY1.93%