Spark

Total Value Locked$6.043b
Chain Breakdown
Ethereum$5.622b
Base$361.53m
Gnosis$29.62m
OP Mainnet$10.09m
Unichain$10m
Arbitrum$10m
Include in TVL (optional)
$1.499b
$1.499b
$58.4m
$1.07m
$0

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.

Last tweet: 14 hours ago (2025-06-08)

Development Activity

(updated at 04/04/25)

Weekly commits: 130
Monthly commits: 130
Weekly developers: 12
Monthly developers: 12

Last commit: 4 months ago (2025-02-08)

Methodology

Fees: Interest paid by borrowers

Revenue: Percentage of interest going to treasury