Spark (SPK)
Total Value Locked$6.309b
| ||||||||||||
|
| Market Cap | $34.41m |
|---|---|
| $0.037 | |
| Fully Diluted Valuation | $371.37m |
| $69.06m | |
| $1.733b | |
| $1.06m | |
| $58.92m | |
| $3.18m | |
| $0 | |
| $0 | |
| $3.18m |
Protocol Information
Spark is an onchain capital allocator that borrows from Sky’s $6.5B+ stablecoin reserves to deploy capital across DeFi, CeFi, and RWAs—delivering deep, scalable liquidity to the ecosystem. For users, Spark transforms this yield into accessible products like sUSDS and sUSDC, enabling seamless, fee-free access to onchain, diversified returns.
Development Activity
(updated at 04/04/25)
Weekly commits: 130
Monthly commits: 130
Weekly developers: 12
Monthly developers: 12
Last commit: 5 months ago (2025-02-08)
Methodology
Fees: Interest paid by borrowers
Revenue: Percentage of interest going to treasury