Total Value Locked$4.974b
TVL by Chain
Ethereum$4.974b
Gnosis$196,020
Key Metrics
Fees 30d$7.32m
Fees 30d by chain
Ethereum$7.32m
Gnosis$0.02
Fees 7d$1.73m
Ethereum$1.73m
Gnosis$0
Fees 24h$294,859
Ethereum$294,859
Gnosis$0
Cumulative Fees$197.03m
Ethereum$196.33m
Gnosis$699,922
Revenue 30d$634,466
Revenue 30d by chain
Ethereum$634,466
Gnosis$0
Revenue 7d$151,490
Ethereum$151,490
Gnosis$0
Revenue 24h$26,335
Ethereum$26,335
Gnosis$0
Cumulative Revenue$8.63m
Ethereum$8.59m
Gnosis$48,853
Holders Revenue 30d$325,315
Holders Revenue 30d by chain
Ethereum$325,315
Gnosis$0
Holders Revenue 7d$81,125
Ethereum$81,125
Gnosis$0
Holders Revenue 24h$14,638
Ethereum$14,638
Gnosis$0
Cumulative Holders Revenue$4.16m
Ethereum$4.16m
Gnosis$0
Collateral Liquidated 30d$3,105
Collateral Liquidated 30d by chain
Ethereum$3,105
Gnosis$0.53
Collateral Liquidated 7d$1.12
Ethereum$1.12
Gnosis$0
Collateral Liquidated 24h$0.05
Gnosis$0.05
Ethereum$0
Cumulative Collateral Liquidated$501,447
Ethereum$379,015
Gnosis$122,433
Staked$11.75m
Active Loans$2.722b
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
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View 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 GitHubYields
Pools Tracked22
Average Supply APY1.12%
User Activity
Active Addresses (24h)63
Transactions (24h)136
Competitors
SparkLend history
TVL is the default DefiLlama definition, which excludes Staking and Active Loans. Daily values are UTC snapshots from May 1, 2023 to Nov 8, 2026.
All-time high TVL: $6.371b on Oct 9, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Oct 10, 2026 to Nov 8, 2026
| Date | TVL |
|---|---|
| Oct 10, 2026 | $5.121b |
| Oct 11, 2026 | $5.153b |
| Oct 12, 2026 | $5.2b |
| Oct 13, 2026 | $5.16b |
| Oct 14, 2026 | $5.251b |
| Oct 15, 2026 | $5.189b |
| Oct 16, 2026 | $5.195b |
| Oct 17, 2026 | $5.098b |
| Oct 18, 2026 | $5.042b |
| Oct 19, 2026 | $5.053b |
| Oct 20, 2026 | $5.058b |
| Oct 21, 2026 | $5.154b |
| Oct 22, 2026 | $5.229b |
| Oct 23, 2026 | $5.053b |
| Oct 24, 2026 | $5.036b |
| Oct 25, 2026 | $4.981b |
| Oct 26, 2026 | $4.92b |
| Oct 27, 2026 | $4.94b |
| Oct 28, 2026 | $5.015b |
| Oct 29, 2026 | $5.131b |
| Oct 30, 2026 | $4.969b |
| Oct 31, 2026 | $5.079b |
| Nov 1, 2026 | $4.935b |
| Nov 2, 2026 | $4.975b |
| Nov 3, 2026 | $4.918b |
| Nov 4, 2026 | $5.21b |
| Nov 5, 2026 | $5.547b |
| Nov 6, 2026 | $5.188b |
| Nov 7, 2026 | $5.02b |
| Nov 8, 2026 | $5.026b |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $3.841b |
| Jan 31, 2025 | $3.462b |
| Feb 28, 2025 | $2.725b |
| Mar 31, 2025 | $2.148b |
| Apr 30, 2025 | $2.14b |
| May 31, 2025 | $3.103b |
| Jun 30, 2025 | $3.548b |
| Jul 31, 2025 | $4.713b |
| Aug 31, 2025 | $5.019b |
| Sep 30, 2025 | $5.417b |
| Oct 31, 2025 | $5.633b |
| Nov 30, 2025 | $3.455b |
| Dec 31, 2025 | $3.217b |
| Jan 31, 2026 | $3.454b |
| Feb 28, 2026 | $2.259b |
| Mar 31, 2026 | $1.962b |
| Apr 30, 2026 | $3.386b |
| May 31, 2026 | $3.627b |
| Jun 30, 2026 | $3.446b |
| Jul 31, 2026 | $3.756b |
| Aug 31, 2026 | $4.347b |
| Sep 30, 2026 | $5.589b |
| Oct 31, 2026 | $5.079b |
| Nov 8, 2026 (latest) | $5.026b |
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 | $3.217b |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $6.17m | $205,296 | $0 |
| May 2025 | $5.24m | $89,761 | $0 |
| Jun 2025 | $5.17m | $287,097 | $0 |
| Jul 2025 | $6.9m | $588,223 | $0 |
| Aug 2025 | $7.64m | $653,499 | $0 |
| Sep 2025 | $7.23m | $625,879 | $0 |
| Oct 2025 | $9.58m | $677,782 | $0 |
| Nov 2025 | $6.64m | $452,234 | $0 |
| Dec 2025 | $4.24m | $262,507 | $0 |
| Jan 2026 | $4.8m | $318,455 | $0 |
| Feb 2026 | $3.67m | $257,254 | $0 |
| Mar 2026 | $2.87m | $176,210 | $487,032 |
| Apr 2026 | $3.74m | $202,479 | $383,472 |
| May 2026 | $4.7m | $236,863 | $325,189 |
| Jun 2026 | $4.55m | $361,401 | $600,282 |
| Jul 2026 | $4.84m | $418,292 | $192,897 |
| Aug 2026 | $5.05m | $430,266 | $892,383 |
| Sep 2026 | $6.19m | $528,293 | $895,980 |
| Oct 2026 | $7.54m | $648,633 | $298,861 |
| Nov 2026 (to date) | $2.03m | $177,825 | $95,763 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sparklend
Frequently asked questions
What is SparkLend's TVL?
As of Nov 8, 2026, SparkLend has $4.974b in total value locked. TVL has decreased 5.6% 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 $7.32m in fees. Of that, $634,466 was protocol revenue. Based on the trailing year, the annualized rate is $58.88m in fees and $4.33m 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 $50.068b across 519 protocols, and SparkLend accounts for 9.9% of that total. Similar 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?
As of Nov 8, 2026, SparkLend has $2.722b in active loans.