SparkLend(SPK)
Total Value Locked$5.656b
TVL by Chain
Ethereum$5.656b
Gnosis$220,086
Key Metrics
Fees 30d$6m
Fees 30d by chain
Ethereum$5.99m
Gnosis$6,745
Fees 7d$1.67m
Ethereum$1.67m
Gnosis$0
Fees 24h$242,743
Ethereum$242,743
Gnosis$0
Cumulative Fees$187.24m
Ethereum$186.54m
Gnosis$699,922
Revenue 30d$510,866
Revenue 30d by chain
Ethereum$510,699
Gnosis$165.87
Revenue 7d$143,499
Ethereum$143,499
Gnosis$0
Revenue 24h$20,792
Ethereum$20,792
Gnosis$0
Cumulative Revenue$7.79m
Ethereum$7.74m
Gnosis$48,853
Holders Revenue 30d$943,394
Holders Revenue 30d by chain
Ethereum$943,394
Gnosis$0
Holders Revenue 7d$211,006
Ethereum$211,006
Gnosis$0
Holders Revenue 24h$29,058
Ethereum$29,058
Gnosis$0
Cumulative Holders Revenue$3.73m
Ethereum$3.73m
Gnosis$0
Collateral Liquidated 30d$89,754
Collateral Liquidated 30d by chain
Gnosis$89,680
Ethereum$74.88
Collateral Liquidated 7d$0
Ethereum$0
Gnosis$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$123,917
Gnosis$122,420
Ethereum$1,497
Staked$16.01m
Active Loans$2.865b
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 Tracked15
Average Supply APY1.43%
User Activity
Active Addresses (24h)51
Transactions (24h)197
Competitors
Frequently Asked Questions
What is SparkLend's TVL?
SparkLend currently has $5.656b in total value locked. TVL has increased 28.8% 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 $6m in fees. Of that, $510,866 was protocol revenue. Based on the trailing year, the annualized rate is $60.84m in fees and $4.32m 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 $54.301b across 521 protocols, and SparkLend accounts for 10.4% 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 $2.865b in active loans.