Logo of SparkLendSparkLend(SPK)
Total Value Locked$4.567b

TVL by Chain

Ethereum$4.567b

Gnosis$319,176.95

Key Metrics

Fees 30d$4.99m
Fees 30d by chain

Ethereum$4.98m

Gnosis$3,248.03

Fees 7d$1.19m

Ethereum$1.19m

Gnosis$133.29

Fees 24h$179,099

Ethereum$179,027

Gnosis$71.97

Cumulative Fees$182.91m

Ethereum$182.21m

Gnosis$693,329.5

Revenue 30d$420,915
Revenue 30d by chain

Ethereum$420,261

Gnosis$654.02

Revenue 7d$99,897

Ethereum$99,830

Gnosis$66.14

Revenue 24h$15,268

Ethereum$15,232

Gnosis$35.98

Cumulative Revenue$7.42m

Ethereum$7.37m

Gnosis$48,763.41

Holders Revenue 30d$1.12m
Holders Revenue 30d by chain

Ethereum$1.12m

Gnosis$0

Holders Revenue 7d$212,933

Ethereum$212,933

Gnosis$0

Holders Revenue 24h$30,704

Ethereum$30,704

Gnosis$0

Cumulative Holders Revenue$3.13m

Ethereum$3.13m

Gnosis$0

Collateral Liquidated 30d$32,933.1
Collateral Liquidated 30d by chain

Gnosis$32,740.22

Ethereum$192.88

Collateral Liquidated 7d$0.22

Gnosis$0.22

Ethereum$0

Collateral Liquidated 24h$0

Ethereum$0

Gnosis$0

Cumulative Collateral Liquidated$34,163.21

Gnosis$32,740.52

Ethereum$1,422.69

Staked$14.14m

Active Loans$2.104b

Protocol Information

SparkLend is a stablecoin lending market. Unlike other lending protocols where rates fluctuate based on utilization or loan size, SparkLend offers governance-defined rates that do not vary based on those factors. This is made possible by Spark’s Liquidity Layer (SLL), which supplies consistent stablecoin liquidity to the protocol

Category:Lending

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Include borrow interest, flashloan fee, liquidation fee and penalty paid by borrowers.View code on GitHubRevenue: Amount of fees go to Spark treasury.View code on GitHubHolders Revenue: SPK tokens bought back by Spark treasury using protocol surplus.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHub

Yields

Pools Tracked14

Average Supply APY1.21%

User Activity

Active Addresses (24h)59

Transactions (24h)172

Competitors

Frequently Asked Questions

What is SparkLend's TVL?

SparkLend currently has $4.567b in total value locked. TVL has increased 22% over the past 30 days.

What chains does SparkLend operate on?

SparkLend operates on 2 chains: Ethereum and Gnosis. Ethereum holds the largest share at 100%.

How much has SparkLend generated in fees and revenue?

Over the past 30 days, SparkLend generated $4.99m in fees. Of that, $420,915 was protocol revenue. Based on the trailing year, the annualized rate is $61.36m in fees and $4.37m in revenue.

How does SparkLend's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, SparkLend ranks #3 by TVL. The category holds $50.303b across 517 protocols, and SparkLend accounts for 9.1% of that total. Other leading protocols include Aave V3, Morpho Blue, Hundred Finance, Ajna V2, PWN, Fuji V2, Maple, Compound V3, Venus Core Pool, and Lista Lending.

How much has been borrowed through SparkLend?

SparkLend currently has $2.104b in active loans.