Spark (SPK)
Total Value Locked$8.321b
TVL by Chain
Ethereum$7.635b
Base$621.13m
Gnosis$35.81m
OP Mainnet$10m
Unichain$10m
Arbitrum$9.95m
Key Metrics
Fees (Annualized)$71.39m
Fees 30d$5.85m
Fees 7d$1.69m
Fees 24h$201,823
Cumulative Fees$109.24m
Revenue (Annualized)$6.04m
Revenue 30d$495,231
Revenue 7d$140,085
Revenue 24h$17,329
Cumulative Revenue$2.03m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$6.04m
Earnings 30d$495,231
Earnings 7d$140,085
Earnings 24h$17,329
Cumulative Earnings$2.03m
Staked$12.57m
Borrowed$2.227b
$SPK Liquidity$1.66m
Uniswap V3$1.65m
Raydium AMM$11,025
Spark (SPK)
Total Value Locked$8.321b
TVL by Chain
Ethereum$7.635b
Base$621.13m
Gnosis$35.81m
OP Mainnet$10m
Unichain$10m
Arbitrum$9.95m
Key Metrics
Fees (Annualized)$71.39m
Fees 30d$5.85m
Fees 7d$1.69m
Fees 24h$201,823
Cumulative Fees$109.24m
Revenue (Annualized)$6.04m
Revenue 30d$495,231
Revenue 7d$140,085
Revenue 24h$17,329
Cumulative Revenue$2.03m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$6.04m
Earnings 30d$495,231
Earnings 7d$140,085
Earnings 24h$17,329
Cumulative Earnings$2.03m
Staked$12.57m
Borrowed$2.227b
$SPK Liquidity$1.66m
Uniswap V3$1.65m
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
Income Statement for Spark
Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
---|---|---|---|---|---|
Fees | $5.55m | $16.11m | $30.37m | $34.73m | $22.48m |
Revenue | $469,061 | $547,180 | $300,434 | $289,403 | $419,516 |
Incentives | $0 | $0 | $0 | $0 | $0 |
Earnings | $469,061 | $547,180 | $300,434 | $289,403 | $419,516 |