Total Value Locked$5.132b
TVL by Chain
Ethereum$5.131b
Gnosis$211,274
Key Metrics
Fees 30d$6.82m
Fees 30d by chain
Ethereum$6.82m
Gnosis$6,511
Fees 7d$1.7m
Ethereum$1.7m
Gnosis$0.60
Fees 24h$239,325
Ethereum$239,325
Gnosis$0
Cumulative Fees$190.17m
Ethereum$189.47m
Gnosis$699,922
Revenue 30d$583,485
Revenue 30d by chain
Ethereum$583,436
Gnosis$49.09
Revenue 7d$143,296
Ethereum$143,296
Gnosis$0
Revenue 24h$20,639
Ethereum$20,639
Gnosis$0
Cumulative Revenue$8.04m
Ethereum$7.99m
Gnosis$48,853
Holders Revenue 30d$687,023
Holders Revenue 30d by chain
Ethereum$687,023
Gnosis$0
Holders Revenue 7d$64,539
Ethereum$64,539
Gnosis$0
Holders Revenue 24h$10,917
Ethereum$10,917
Gnosis$0
Cumulative Holders Revenue$3.85m
Ethereum$3.85m
Gnosis$0
Collateral Liquidated 30d$464,179
Collateral Liquidated 30d by chain
Ethereum$374,487
Gnosis$89,692
Collateral Liquidated 7d$374,425
Ethereum$374,413
Gnosis$12.16
Collateral Liquidated 24h$0
Ethereum$0
Gnosis$0
Cumulative Collateral Liquidated$498,342
Ethereum$375,910
Gnosis$122,432
Staked$15.92m
Active Loans$2.701b
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 APY1.45%
User Activity
Active Addresses (24h)81
Transactions (24h)245
Competitors
Frequently Asked Questions
What is SparkLend's TVL?
SparkLend currently has $5.132b in total value locked. TVL has increased 12% 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 $6.82m in fees. Of that, $583,485 was protocol revenue. Based on the trailing year, the annualized rate is $60.65m in fees and $4.3m 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 $52.761b across 519 protocols, and SparkLend accounts for 9.7% 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 $2.701b in active loans.