Spark (SPK)
Total Value Locked$8.192b
TVL by Chain
Ethereum$7.505b
Base$622.06m
Gnosis$34.89m
Unichain$10.01m
Arbitrum$10m
OP Mainnet$9.99m
Key Metrics
Fees (Annualized)$70.02m
Fees 30d$5.74m
Fees 7d$1.69m
Fees 24h$242,304
Cumulative Fees$108.84m
Revenue (Annualized)$5.93m
Revenue 30d$486,384
Revenue 7d$141,044
Revenue 24h$20,378
Cumulative Revenue$1.99m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$5.93m
Earnings 30d$486,384
Earnings 7d$141,044
Earnings 24h$20,378
Cumulative Earnings$1.99m
Market Cap$112.81m
$SPK Price$0.11
All Time High$0.18
All Time Low$0.029
Fully Diluted Valuation$1.054b
$SPK Volume 24h$235.81m
CEX Volume$175.68m
DEX Volume$85.2m(36.13% of total)
Staked$16.4m(14.53% of mcap)
Borrowed$2.161b
$SPK Liquidity$1.74m
Uniswap V3$1.73m
Raydium AMM$11,025
Spark (SPK)
Total Value Locked$8.192b
TVL by Chain
Ethereum$7.505b
Base$622.06m
Gnosis$34.89m
Unichain$10.01m
Arbitrum$10m
OP Mainnet$9.99m
fetching fees...
Key Metrics
Fees (Annualized)$70.02m
Fees 30d$5.74m
Fees 7d$1.69m
Fees 24h$242,304
Cumulative Fees$108.84m
Revenue (Annualized)$5.93m
Revenue 30d$486,384
Revenue 7d$141,044
Revenue 24h$20,378
Cumulative Revenue$1.99m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$5.93m
Earnings 30d$486,384
Earnings 7d$141,044
Earnings 24h$20,378
Cumulative Earnings$1.99m
Market Cap$112.81m
$SPK Price$0.11
All Time High$0.18
All Time Low$0.029
Fully Diluted Valuation$1.054b
$SPK Volume 24h$235.81m
CEX Volume$175.68m
DEX Volume$85.2m(36.13% of total)
Staked$16.4m(14.53% of mcap)
Borrowed$2.161b
$SPK Liquidity$1.74m
Uniswap V3$1.73m
Raydium AMM$11,025
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 (6 months ago)
Income Statement for Spark
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|
| Fees | $5.15m | $16.11m | $30.37m | $34.73m | $22.48m |
| Revenue | $434,268 | $547,180 | $300,434 | $289,403 | $419,516 |
| Incentives | $0 | $0 | $0 | $0 | $0 |
| Earnings | $434,268 | $547,180 | $300,434 | $289,403 | $419,516 |