Key Metrics
Fees 30d$5.16m
Fees 30d by chain
Ethereum$5.15m
Gnosis$9,776.34
Fees 7d$1.32m
Ethereum$1.32m
Gnosis$6,664.05
Fees 24h$206,703
Ethereum$200,291
Gnosis$6,412
Cumulative Fees$184.26m
Ethereum$183.55m
Gnosis$706,333.58
Revenue 30d$432,684
Revenue 30d by chain
Ethereum$431,972
Gnosis$711.79
Revenue 7d$111,769
Ethereum$111,643
Gnosis$126
Revenue 24h$17,195
Ethereum$17,195
Gnosis$0.05
Cumulative Revenue$7.53m
Ethereum$7.48m
Gnosis$48,853.48
Holders Revenue 30d$1.28m
Holders Revenue 30d by chain
Ethereum$1.28m
Gnosis$0
Holders Revenue 7d$211,290
Ethereum$211,290
Gnosis$0
Holders Revenue 24h$28,761
Ethereum$28,761
Gnosis$0
Cumulative Holders Revenue$3.33m
Ethereum$3.33m
Gnosis$0
Collateral Liquidated 30d$122,658.1
Collateral Liquidated 30d by chain
Gnosis$122,419.22
Ethereum$238.88
Collateral Liquidated 7d$89,735
Gnosis$89,679
Ethereum$56
Collateral Liquidated 24h$27.12
Gnosis$27.12
Ethereum$0
Cumulative Collateral Liquidated$123,925.33
Gnosis$122,446.64
Ethereum$1,478.69
Staked$13.18m
Active Loans$2.431b
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: 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 GitHubYields
Pools Tracked14
Average Supply APY1.26%
User Activity
Active Addresses (24h)62
Transactions (24h)280
Competitors
Frequently Asked Questions
What is SparkLend's TVL?
SparkLend currently has $4.957b in total value locked. TVL has increased 33.1% 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 $5.16m in fees. Of that, $432,684 was protocol revenue. Based on the trailing year, the annualized rate is $61.01m 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 $50.076b across 524 protocols, and SparkLend accounts for 9.8% 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 $2.431b in active loans.