Total Value Locked$5.082b
TVL by Chain
Ethereum$5.082b
Gnosis$208,040
Key Metrics
Fees 30d$7.16m
Fees 30d by chain
Ethereum$7.16m
Gnosis$0.62
Fees 7d$1.67m
Ethereum$1.67m
Gnosis$0.02
Fees 24h$251,925
Ethereum$251,925
Gnosis$0
Cumulative Fees$192.09m
Ethereum$191.39m
Gnosis$699,922
Revenue 30d$615,129
Revenue 30d by chain
Ethereum$615,129
Gnosis$0
Revenue 7d$145,022
Ethereum$145,022
Gnosis$0
Revenue 24h$21,514
Ethereum$21,514
Gnosis$0
Cumulative Revenue$8.21m
Ethereum$8.16m
Gnosis$48,853
Holders Revenue 30d$531,752
Holders Revenue 30d by chain
Ethereum$531,752
Gnosis$0
Holders Revenue 7d$75,167
Ethereum$75,167
Gnosis$0
Holders Revenue 24h$9,712
Ethereum$9,712
Gnosis$0
Cumulative Holders Revenue$3.94m
Ethereum$3.94m
Gnosis$0
Collateral Liquidated 30d$374,434
Collateral Liquidated 30d by chain
Ethereum$374,421
Gnosis$12.60
Collateral Liquidated 7d$8.92
Ethereum$8.48
Gnosis$0.44
Collateral Liquidated 24h$11.28
Ethereum$11.28
Gnosis$0
Cumulative Collateral Liquidated$498,362
Ethereum$375,929
Gnosis$122,433
Staked$14.26m
Active Loans$2.723b
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 APY1.37%
User Activity
Active Addresses (24h)33
Transactions (24h)88
Competitors
SparkLend history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from May 1, 2023 to Oct 18, 2026.
All-time high TVL: $6.371b on Oct 9, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $5.567b |
| Sep 20, 2026 | $5.591b |
| Sep 21, 2026 | $5.694b |
| Sep 22, 2026 | $5.832b |
| Sep 23, 2026 | $5.811b |
| Sep 24, 2026 | $5.814b |
| Sep 25, 2026 | $5.71b |
| Sep 26, 2026 | $5.607b |
| Sep 27, 2026 | $5.61b |
| Sep 28, 2026 | $5.611b |
| Sep 29, 2026 | $5.702b |
| Sep 30, 2026 | $5.589b |
| Oct 1, 2026 | $5.627b |
| Oct 2, 2026 | $5.676b |
| Oct 3, 2026 | $5.566b |
| Oct 4, 2026 | $5.531b |
| Oct 5, 2026 | $5.654b |
| Oct 6, 2026 | $5.658b |
| Oct 7, 2026 | $5.597b |
| Oct 8, 2026 | $5.377b |
| Oct 9, 2026 | $5.272b |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $4.481b |
| 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 18, 2026 (latest) | $5.042b |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $9.98m | $99,522 | $0 |
| 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 (to date) | $4.33m | $371,212 | $160,399 |
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 Oct 18, 2026, SparkLend has $5.082b in total value locked. TVL has decreased 2.8% 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 $7.16m in fees. Of that, $615,129 was protocol revenue. Based on the trailing year, the annualized rate is $59.13m in fees and $4.21m 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 $51.578b across 517 protocols, and SparkLend accounts for 9.8% 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?
As of Oct 18, 2026, SparkLend has $2.723b in active loans.