Total Value Locked$4.626b
TVL by Chain
Ethereum$4.401b
Arbitrum$187.69m
Robinhood Chain$23.72m
Base$8.21m
OP Mainnet$4.86m
Gnosis$333,227
Unichain$179,808
Avalanche$3,595.98
X Layer$0
Key Metrics
Fees (Annualized)$201.82m
Fees 30d$9.99m
Ethereum$9.99m
Gnosis$245.29
Fees 7d$2.26m
Ethereum$2.26m
Gnosis$73.28
Fees 24h$333,831
Ethereum$333,820
Gnosis$11.13
Cumulative Fees$341.17m
Ethereum$340.48m
Gnosis$690,045.21
Revenue (Annualized)$22.27m
Revenue 30d$271,975
Ethereum$739,654
Gnosis$120.58
Revenue 7d-$85,770
Ethereum$67,127
Gnosis$36.58
Revenue 24h-$32,164
Gnosis$5.32
Ethereum$0
Cumulative Revenue$28.14m
Ethereum$28.95m
Gnosis$48,087.05
Holders Revenue (Annualized)$4.81m
Holders Revenue 30d$149,115
Ethereum$149,115
Gnosis$0
Holders Revenue 7d$14,950
Ethereum$14,950
Gnosis$0
Holders Revenue 24h$1,998
Ethereum$1,998
Gnosis$0
Cumulative Holders Revenue$1.99m
Ethereum$1.99m
Gnosis$0
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$22.27m
$271,975
-$85,770
-$32,164
$28.14m
Collateral Liquidated 30d$1,230.05
Collateral Liquidated 30d by chain
Ethereum$1,230.05
Gnosis$0
Collateral Liquidated 7d$1,203.05
Ethereum$1,203.05
Gnosis$0
Collateral Liquidated 24h$1,202
Ethereum$1,202
Gnosis$0
Cumulative Collateral Liquidated$1,230.05
Ethereum$1,230.05
Gnosis$0
Market Cap$47.68m
$SPK Price$0.016
$158.38m
$76.48m
$SPK Volume 24h$4.51m
CEX Volume$3.24m
DEX Volume$2.33m(51.6% of total)
Staked$9.94m(20.84% of mcap)
Active Loans$1.825b
$SPK Liquidity$1.34m
Uniswap V3$1.34m
Treasury$60.75m
$749.91
Stablecoins$45.23m
Own Tokens$15.52m
Others$686.77
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 APY1.86%
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 $4.626b in total value locked. TVL has increased 2% over the past 30 days.
What chains does Spark operate on?
Spark operates on 9 chains: Ethereum, Gnosis, Arbitrum, Base, and OP Mainnet and 4 others. Ethereum holds the largest share at 95.1%.
How much has Spark generated in fees and revenue?
Over the past 30 days, Spark generated $9.99m in fees. Of that, $271,975 was protocol revenue. Based on the trailing year, the annualized rate is $201.82m in fees and $22.27m in revenue.
What is the SPK token price and valuation?
SPK is currently trading at $0.016. Its circulating market capitalization is $47.68m, ranking it #571. Its fully diluted valuation is $158.38m. Supply currently stands at 3.01b circulating, 10b total supply, 10b maximum supply.
How has SPK performed recently?
SPK is down 8.1% over the past 7 days and down 15.2% over the past 30 days. Its all-time high is $0.18, reached on Jul 23, 2025. The token is currently 91.4% 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?
Spark currently has $1.825b in active loans.
Does Spark have a treasury?
Spark has a tracked treasury currently valued at $60.75m. Its holdings include $45.23m in stablecoins, $749.91 in major assets, $15.52m in its own tokens, $686.77 in other assets.

