Spark (SPK)
Total Value Locked$8.177b
TVL by Chain
Ethereum$7.501b
Base$607.59m
Gnosis$38.61m
Unichain$10m
Arbitrum$10m
OP Mainnet$9.99m
Key Metrics
Fees (Annualized)$67.86m
Fees 30d$5.56m
Fees 7d$1.7m
Fees 24h$308,811
Cumulative Fees$107.92m
Revenue (Annualized)$5.76m
Revenue 30d$472,355
Revenue 7d$140,760
Revenue 24h$23,998
Cumulative Revenue$1.91m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$5.76m
Earnings 30d$472,355
Earnings 7d$140,760
Earnings 24h$23,998
Cumulative Earnings$1.91m
Market Cap$97.05m
$SPK Price$0.091
All Time High$0.096
All Time Low$0.029
Fully Diluted Valuation$922.12m
$SPK Volume 24h$1.236b
CEX Volume$802.89m
DEX Volume$453.56m(36.69% of total)
Staked$8.02m(8.26% of mcap)
Borrowed$2.34b
$SPK Liquidity$1.65m
Uniswap V3$1.65m
Spark (SPK)
Total Value Locked$8.177b
TVL by Chain
Ethereum$7.501b
Base$607.59m
Gnosis$38.61m
Unichain$10m
Arbitrum$10m
OP Mainnet$9.99m
Key Metrics
Fees (Annualized)$67.86m
Fees 30d$5.56m
Fees 7d$1.7m
Fees 24h$308,811
Cumulative Fees$107.92m
Revenue (Annualized)$5.76m
Revenue 30d$472,355
Revenue 7d$140,760
Revenue 24h$23,998
Cumulative Revenue$1.91m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$5.76m
Earnings 30d$472,355
Earnings 7d$140,760
Earnings 24h$23,998
Cumulative Earnings$1.91m
Market Cap$97.05m
$SPK Price$0.091
All Time High$0.096
All Time Low$0.029
Fully Diluted Valuation$922.12m
$SPK Volume 24h$1.236b
CEX Volume$802.89m
DEX Volume$453.56m(36.69% of total)
Staked$8.02m(8.26% of mcap)
Borrowed$2.34b
$SPK Liquidity$1.65m
Uniswap V3$1.65m
Protocol Information
Spark is an onchain capital allocator that borrows from Sky’s $6.5B+ stablecoin reserves to deploy capital across DeFi, CeFi, and RWAs—delivering deep, scalable liquidity to the ecosystem. For users, Spark transforms this yield into accessible products like sUSDS and sUSDC, enabling seamless, fee-free access to onchain, diversified returns.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees: Interest paid by borrowersView code on GitHubRevenue: Percentage of interest going to treasuryView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Development Activity
Updated at Apr 4, 2025
Weekly commits130
Monthly commits130
Weekly developers12
Monthly developers12
Last commit08/02/25 (5 months ago)
Income Statement for Spark
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|
| Fees | $4.23m | $16.11m | $30.37m | $34.73m | $22.48m |
| Revenue | $356,759 | $547,180 | $300,434 | $289,403 | $419,516 |
| Incentives | $0 | $0 | $0 | $0 | $0 |
| Earnings | $356,759 | $547,180 | $300,434 | $289,403 | $419,516 |