Total Value Locked$5.015b
TVL by Chain
Ethereum$5.015b
Gnosis$204,167
Key Metrics
Fees 30d$7.15m
Fees 30d by chain
Ethereum$7.15m
Gnosis$0.62
Fees 7d$1.62m
Ethereum$1.62m
Gnosis$0
Fees 24h$233,632
Ethereum$233,632
Gnosis$0
Cumulative Fees$194.15m
Ethereum$193.45m
Gnosis$699,922
Revenue 30d$615,708
Revenue 30d by chain
Ethereum$615,708
Gnosis$0
Revenue 7d$140,472
Ethereum$140,472
Gnosis$0
Revenue 24h$20,382
Ethereum$20,382
Gnosis$0
Cumulative Revenue$8.38m
Ethereum$8.34m
Gnosis$48,853
Holders Revenue 30d$334,029
Holders Revenue 30d by chain
Ethereum$334,029
Gnosis$0
Holders Revenue 7d$73,802
Ethereum$73,802
Gnosis$0
Holders Revenue 24h$10,799
Ethereum$10,799
Gnosis$0
Cumulative Holders Revenue$4.03m
Ethereum$4.03m
Gnosis$0
Collateral Liquidated 30d$377,516
Collateral Liquidated 30d by chain
Ethereum$377,503
Gnosis$12.69
Collateral Liquidated 7d$3,075
Ethereum$3,075
Gnosis$0
Collateral Liquidated 24h$6.34
Ethereum$6.34
Gnosis$0
Cumulative Collateral Liquidated$501,433
Ethereum$379,000
Gnosis$122,433
Staked$13.42m
Active Loans$2.667b
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
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.View 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 GitHubYields
Pools Tracked15
Average Supply APY1.47%
User Activity
Active Addresses (24h)66
Transactions (24h)202
Competitors
SparkLend history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from May 1, 2023 to Oct 28, 2026.
All-time high TVL: $6.371b on Oct 9, 2025. All-time low TVL: $30 on May 2, 2023.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $5.702b |
| Sep 30, 2026 | $5.589b |
| Oct 1, 2026 | $5.627b |
| Oct 2, 2026 | $5.676b |
| Oct 3, 2026 | $5.566b |
| Oct 4, 2026 | $5.531b |
| Oct 5, 2026 | $5.654b |
| Oct 6, 2026 | $5.658b |
| Oct 7, 2026 | $5.597b |
| Oct 8, 2026 | $5.377b |
| Oct 9, 2026 | $5.272b |
| Oct 10, 2026 | $5.121b |
| Oct 11, 2026 | $5.153b |
| Oct 12, 2026 | $5.2b |
| Oct 13, 2026 | $5.16b |
| Oct 14, 2026 | $5.251b |
| Oct 15, 2026 | $5.189b |
| Oct 16, 2026 | $5.195b |
| Oct 17, 2026 | $5.098b |
| Oct 18, 2026 | $5.042b |
| Oct 19, 2026 | $5.053b |
| Oct 20, 2026 | $5.058b |
| Oct 21, 2026 | $5.154b |
| Oct 22, 2026 | $5.229b |
| Oct 23, 2026 | $5.053b |
| Oct 24, 2026 | $5.036b |
| Oct 25, 2026 | $4.981b |
| Oct 26, 2026 | $4.92b |
| Oct 27, 2026 | $4.94b |
| Oct 28, 2026 | $5.015b |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $4.481b |
| Dec 31, 2024 | $3.841b |
| Jan 31, 2025 | $3.462b |
| Feb 28, 2025 | $2.725b |
| Mar 31, 2025 | $2.148b |
| Apr 30, 2025 | $2.14b |
| May 31, 2025 | $3.103b |
| Jun 30, 2025 | $3.548b |
| Jul 31, 2025 | $4.713b |
| Aug 31, 2025 | $5.019b |
| Sep 30, 2025 | $5.417b |
| Oct 31, 2025 | $5.633b |
| Nov 30, 2025 | $3.455b |
| Dec 31, 2025 | $3.217b |
| Jan 31, 2026 | $3.454b |
| Feb 28, 2026 | $2.259b |
| Mar 31, 2026 | $1.962b |
| Apr 30, 2026 | $3.386b |
| May 31, 2026 | $3.627b |
| Jun 30, 2026 | $3.446b |
| Jul 31, 2026 | $3.756b |
| Aug 31, 2026 | $4.347b |
| Sep 30, 2026 | $5.589b |
| Oct 28, 2026 (latest) | $5.015b |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.644b |
| Dec 31, 2024 | $3.841b |
| Dec 31, 2025 | $3.217b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $9.98m | $99,522 | $0 |
| Dec 2024 | $18.6m | $135,017 | $0 |
| Jan 2025 | $14.6m | $108,576 | $0 |
| Feb 2025 | $9.46m | $118,184 | $0 |
| Mar 2025 | $6.55m | $86,076 | $0 |
| Apr 2025 | $6.17m | $205,296 | $0 |
| May 2025 | $5.24m | $89,761 | $0 |
| Jun 2025 | $5.17m | $287,097 | $0 |
| Jul 2025 | $6.9m | $588,223 | $0 |
| Aug 2025 | $7.64m | $653,499 | $0 |
| Sep 2025 | $7.23m | $625,879 | $0 |
| Oct 2025 | $9.58m | $677,782 | $0 |
| Nov 2025 | $6.64m | $452,234 | $0 |
| Dec 2025 | $4.24m | $262,507 | $0 |
| Jan 2026 | $4.8m | $318,455 | $0 |
| Feb 2026 | $3.67m | $257,254 | $0 |
| Mar 2026 | $2.87m | $176,210 | $487,032 |
| Apr 2026 | $3.74m | $202,479 | $383,472 |
| May 2026 | $4.7m | $236,863 | $325,189 |
| Jun 2026 | $4.55m | $361,401 | $600,282 |
| Jul 2026 | $4.84m | $418,292 | $192,897 |
| Aug 2026 | $5.05m | $430,266 | $892,383 |
| Sep 2026 | $6.19m | $528,293 | $895,980 |
| Oct 2026 (to date) | $6.63m | $571,160 | $267,459 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sparklend
Frequently asked questions
What is SparkLend's TVL?
As of Oct 28, 2026, SparkLend has $5.015b in total value locked. TVL has decreased 10.6% 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 $7.15m in fees. Of that, $615,708 was protocol revenue. Based on the trailing year, the annualized rate is $58.82m in fees and $4.26m 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 $52.344b across 518 protocols, and SparkLend accounts for 9.6% of that total. Similar 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?
As of Oct 28, 2026, SparkLend has $2.667b in active loans.