Total Value Locked$5.208b
TVL by Chain
Ethereum$5.208b
Gnosis$210,836
Key Metrics
Fees 30d$6.79m
Fees 30d by chain
Ethereum$6.79m
Gnosis$6,593
Fees 7d$1.73m
Ethereum$1.73m
Gnosis$0.60
Fees 24h$255,784
Ethereum$255,784
Gnosis$0
Cumulative Fees$189.96m
Ethereum$189.26m
Gnosis$699,922
Revenue 30d$581,086
Revenue 30d by chain
Ethereum$580,996
Gnosis$90.23
Revenue 7d$146,112
Ethereum$146,112
Gnosis$0
Revenue 24h$20,020
Ethereum$20,020
Gnosis$0
Cumulative Revenue$8.02m
Ethereum$7.97m
Gnosis$48,853
Holders Revenue 30d$707,869
Holders Revenue 30d by chain
Ethereum$707,869
Gnosis$0
Holders Revenue 7d$54,671
Ethereum$54,671
Gnosis$0
Holders Revenue 24h$10,774
Ethereum$10,774
Gnosis$0
Cumulative Holders Revenue$3.84m
Ethereum$3.84m
Gnosis$0
Collateral Liquidated 30d$464,179
Collateral Liquidated 30d by chain
Ethereum$374,487
Gnosis$89,692
Collateral Liquidated 7d$374,425
Ethereum$374,413
Gnosis$12.16
Collateral Liquidated 24h$374,408
Ethereum$374,408
Gnosis$0
Cumulative Collateral Liquidated$872,750
Ethereum$750,318
Gnosis$122,432
Staked$15.66m
Active Loans$2.698b
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 APY1.42%
User Activity
Active Addresses (24h)94
Transactions (24h)272
Competitors
Frequently Asked Questions
What is SparkLend's TVL?
SparkLend currently has $5.208b in total value locked. TVL has increased 14% 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 $6.79m in fees. Of that, $581,086 was protocol revenue. Based on the trailing year, the annualized rate is $60.72m in fees and $4.3m 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 $52.701b across 519 protocols, and SparkLend accounts for 9.9% 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 $2.698b in active loans.