Logo of SparkLendSparkLend(SPK)
Total Value Locked$4.485b

TVL by Chain

Ethereum$4.485b

Gnosis$320,663.28

Key Metrics

Fees 30d$4.94m
Fees 30d by chain

Ethereum$4.94m

Gnosis$3,143

Fees 7d$1.14m

Ethereum$1.14m

Gnosis$36.46

Fees 24h$161,440

Ethereum$161,434

Gnosis$6.39

Cumulative Fees$182.55m

Ethereum$181.85m

Gnosis$693,219.65

Revenue 30d$418,032
Revenue 30d by chain

Ethereum$417,431

Gnosis$602

Revenue 7d$94,765

Ethereum$94,746

Gnosis$18.22

Revenue 24h$13,378

Ethereum$13,375

Gnosis$3.19

Cumulative Revenue$7.39m

Ethereum$7.34m

Gnosis$48,708.97

Holders Revenue 30d$1.03m
Holders Revenue 30d by chain

Ethereum$1.03m

Gnosis$0

Holders Revenue 7d$248,086

Ethereum$248,086

Gnosis$0

Holders Revenue 24h$31,145

Ethereum$31,145

Gnosis$0

Cumulative Holders Revenue$3.06m

Ethereum$3.06m

Gnosis$0

Collateral Liquidated 30d$32,932.88
Collateral Liquidated 30d by chain

Gnosis$32,740

Ethereum$192.88

Collateral Liquidated 7d$0.88

Ethereum$0.88

Gnosis$0

Collateral Liquidated 24h$0

Ethereum$0

Gnosis$0

Cumulative Collateral Liquidated$34,162.99

Gnosis$32,740.3

Ethereum$1,422.69

Staked$15.73m

Active Loans$2.072b

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 APY1.36%

User Activity

Active Addresses (24h)51

Transactions (24h)147

Competitors

Frequently Asked Questions

What is SparkLend's TVL?

SparkLend currently has $4.485b in total value locked. TVL has increased 19% 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 $4.94m in fees. Of that, $418,032 was protocol revenue. Based on the trailing year, the annualized rate is $61.55m in fees and $4.39m 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 $50.469b across 516 protocols, and SparkLend accounts for 8.9% 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 $2.072b in active loans.