Key Metrics
Fees (Annualized)$62.57m
Fees 30d$4.74m
Ethereum$4.73m
Gnosis$2,891.34
Fees 7d$1.18m
Ethereum$1.18m
Gnosis$2,699.37
Fees 24h$178,967
Ethereum$178,900
Gnosis$67.12
Cumulative Fees$180.07m
Ethereum$179.37m
Gnosis$692,896.46
Revenue (Annualized)$4.48m
Revenue 30d$408,446
Ethereum$407,973
Gnosis$475.26
Revenue 7d$101,726
Ethereum$101,347
Gnosis$379.18
Revenue 24h$15,060
Ethereum$15,026
Gnosis$34.07
Cumulative Revenue$7.18m
Ethereum$7.13m
Gnosis$48,543.33
Holders Revenue (Annualized)$4.92m
Holders Revenue 30d$332,467
Ethereum$332,467
Gnosis$0
Holders Revenue 7d$283,608
Ethereum$283,608
Gnosis$0
Holders Revenue 24h$65,199
Ethereum$65,199
Gnosis$0
Cumulative Holders Revenue$2.37m
Ethereum$2.37m
Gnosis$0
Collateral Liquidated 30d$33,953.05
Collateral Liquidated 30d by chain
Gnosis$32,740
Ethereum$1,213.05
Collateral Liquidated 7d$32,740
Gnosis$32,740
Ethereum$0
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$33,980.05
Gnosis$32,740
Ethereum$1,240.05
Staked$12.19m
Active Loans$2.165b
$SPK Liquidity$1.34m
Uniswap V3$1.34m
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: 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 GitHubYields
Pools Tracked14
Average Supply APY1.24%
Competitors
Frequently Asked Questions
What is SparkLend?
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
What is SparkLend's TVL?
SparkLend currently has $4.895b in total value locked. TVL has increased 33% 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 $4.74m in fees. Of that, $408,446 was protocol revenue. Based on the trailing year, the annualized rate is $62.57m in fees and $4.48m 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 $49.918b across 514 protocols, and SparkLend accounts for 9.8% of that total. Other leading protocols include Aave V3, Morpho Blue, Hundred Finance, PWN, Fuji V2, Maple, Compound V3, Venus Core Pool, Lista Lending, and Fluid Lending.
How much has been borrowed through SparkLend?
SparkLend currently has $2.165b in active loans.
