Logo of SparkLendSparkLend(SPK)
Total Value Locked$5.016b

TVL by Chain

Ethereum$5.015b

Gnosis$298,292.59

Key Metrics

Fees 30d$5.15m
Fees 30d by chain

Ethereum$5.14m

Gnosis$3,376.15

Fees 7d$1.29m

Ethereum$1.29m

Gnosis$253.69

Fees 24h$197,858

Ethereum$191,442

Gnosis$6,416

Cumulative Fees$184.05m

Ethereum$183.35m

Gnosis$699,921.58

Revenue 30d$432,707
Revenue 30d by chain

Ethereum$431,989

Gnosis$717.69

Revenue 7d$109,455

Ethereum$109,328

Gnosis$126.95

Revenue 24h$16,319

Ethereum$16,317

Gnosis$2.38

Cumulative Revenue$7.51m

Ethereum$7.47m

Gnosis$48,853.93

Holders Revenue 30d$1.26m
Holders Revenue 30d by chain

Ethereum$1.26m

Gnosis$0

Holders Revenue 7d$211,288

Ethereum$211,288

Gnosis$0

Holders Revenue 24h$29,770

Ethereum$29,770

Gnosis$0

Cumulative Holders Revenue$3.3m

Ethereum$3.3m

Gnosis$0

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

Gnosis$32,740.22

Ethereum$182.88

Collateral Liquidated 7d$0

Ethereum$0

Gnosis$0

Collateral Liquidated 24h$89,717

Gnosis$89,661

Ethereum$56

Cumulative Collateral Liquidated$123,880.21

Gnosis$122,401.52

Ethereum$1,478.69

Staked$13.53m

Active Loans$2.438b

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)45

Transactions (24h)192

Competitors

Frequently Asked Questions

What is SparkLend's TVL?

SparkLend currently has $5.016b in total value locked. TVL has increased 36.8% 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 $5.15m in fees. Of that, $432,707 was protocol revenue. Based on the trailing year, the annualized rate is $61.05m in fees and $4.34m 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 $51.587b across 523 protocols, and SparkLend accounts for 9.7% 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 $2.438b in active loans.