Logo of SparkLendSparkLend(SPK)
Total Value Locked$4.851b

TVL by Chain

Ethereum$4.85b

Gnosis$314,642.4

Key Metrics

Fees 30d$5.08m
Fees 30d by chain

Ethereum$5.07m

Gnosis$3,379.05

Fees 7d$1.25m

Ethereum$1.25m

Gnosis$283.22

Fees 24h$206,684

Ethereum$206,678

Gnosis$5.56

Cumulative Fees$183.68m

Ethereum$182.98m

Gnosis$693,499.79

Revenue 30d$427,470
Revenue 30d by chain

Ethereum$426,751

Gnosis$719.13

Revenue 7d$105,769

Ethereum$105,628

Gnosis$141.21

Revenue 24h$17,815

Ethereum$17,812

Gnosis$2.78

Cumulative Revenue$7.48m

Ethereum$7.43m

Gnosis$48,848.65

Holders Revenue 30d$1.2m
Holders Revenue 30d by chain

Ethereum$1.2m

Gnosis$0

Holders Revenue 7d$211,823

Ethereum$211,823

Gnosis$0

Holders Revenue 24h$29,837

Ethereum$29,837

Gnosis$0

Cumulative Holders Revenue$3.25m

Ethereum$3.25m

Gnosis$0

Collateral Liquidated 30d$32,923.1
Collateral Liquidated 30d by chain

Gnosis$32,740.22

Ethereum$182.88

Collateral Liquidated 7d$0.22

Gnosis$0.22

Ethereum$0

Collateral Liquidated 24h$0

Ethereum$0

Gnosis$0

Cumulative Collateral Liquidated$34,163.21

Gnosis$32,740.52

Ethereum$1,422.69

Staked$13.67m

Active Loans$2.349b

Protocol Information

SparkLend is a stablecoin lending market. Unlike other lending protocols where rates fluctuate based on utilization or loan size, SparkLend offers governance-defined rates that do not vary based on those factors. This is made possible by Spark’s Liquidity Layer (SLL), which supplies consistent stablecoin liquidity to the protocol

Category:Lending

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Include borrow interest, flashloan fee, liquidation fee and penalty paid by borrowers.View code on GitHubRevenue: Amount of fees go to Spark treasury.View code on GitHubHolders Revenue: SPK tokens bought back by Spark treasury using protocol surplus.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidationCall events.View code on GitHub

Yields

Pools Tracked14

Average Supply APY1.26%

User Activity

Active Addresses (24h)68

Transactions (24h)238

Competitors

Frequently Asked Questions

What is SparkLend's TVL?

SparkLend currently has $4.851b in total value locked. TVL has increased 36.7% over the past 30 days.

What chains does SparkLend operate on?

SparkLend operates on 2 chains: Ethereum and Gnosis. Ethereum holds the largest share at 100%.

How much has SparkLend generated in fees and revenue?

Over the past 30 days, SparkLend generated $5.08m in fees. Of that, $427,470 was protocol revenue. Based on the trailing year, the annualized rate is $61.19m in fees and $4.36m in revenue.

How does SparkLend's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, SparkLend ranks #3 by TVL. The category holds $50.836b across 523 protocols, and SparkLend accounts for 9.5% of that total. Other leading protocols include Aave V3, Morpho Blue, Hundred Finance, Ajna V2, PWN, Fuji V2, Maple, Compound V3, Venus Core Pool, and Lista Lending.

How much has been borrowed through SparkLend?

SparkLend currently has $2.349b in active loans.