Total Value Locked$2.541b
TVL by Chain
Ethereum$2.257b
Base$273.39m
Arbitrum$10m
OP Mainnet$996,915.96
Unichain$40,015.24
Avalanche$0.16
X Layer$0
Robinhood Chain$0
Key Metrics
Fees 30d$6.47m
Fees 30d by chain
Ethereum$6.47m
Fees 7d$1.97m
Ethereum$1.97m
Fees 24h$324,814
Ethereum$324,814
Cumulative Fees$172.85m
Ethereum$172.85m
Revenue 30d-$409,570
Revenue 30d by chain
Ethereum$176,342
Revenue 7d-$47,108
Ethereum$49,190
Revenue 24h$14,380
Ethereum$14,380
Cumulative Revenue$20.57m
Ethereum$22.85m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Protocol Information
The Spark Liquidity Layer (SLL) automates liquidity provision of USDS, sUSDS, and USDC directly from Sky across various blockchain networks, DeFi protocols, and RWA
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest earned on all loans.View code on GitHubRevenue: Fees collected minus the Sky Base Rate (vault stability fee) plus the monthly offchain rebate calculation for things like idle USDS.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Frequently Asked Questions
What is Spark Liquidity Layer's TVL?
Spark Liquidity Layer currently has $2.541b in total value locked. TVL has increased 59.1% over the past 30 days.
What chains does Spark Liquidity Layer operate on?
Spark Liquidity Layer operates on 8 chains: Unichain, Arbitrum, Base, X Layer, and Robinhood Chain and 3 others. Ethereum holds the largest share at 88.8%.
How much has Spark Liquidity Layer generated in fees and revenue?
Over the past 30 days, Spark Liquidity Layer generated $6.47m in fees. Of that, -$409,570 was protocol revenue. Based on the trailing year, the annualized rate is $123.37m in fees and $10.73m in revenue.
How does Spark Liquidity Layer's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, Spark Liquidity Layer ranks #1 by TVL. The category holds $9.526b across 79 protocols, and Spark Liquidity Layer accounts for 26.7% of that total. Other leading protocols include Lagoon, D2 Finance, Rigoblock, Veda, Aera V3, Spectra MetaVaults, Spectra MetaVaults Outside V2, MORE Vaults, Mitosis, and MaxShot.

