Updated 10:41 AM UTC
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SPK Spark

$0.0182
$0.0005
(2.66%)
Today
Mkt Cap$60.5M
Vol3.78M

About Spark

Spark is an onchain capital allocator, with $3.86B deployed across DeFi, CeFi, and RWA. It unlocks capital efficiency at scale, auto-balancing allocations based on market conditions while maintaining a conservative risk profile. Spark was created to solve DeFi’s core inefficiencies: fragmented liquidity, unstable yields, and idle stablecoin capital. It acts as a two-sided capital allocator—borrowing from Sky’s $6.5B+ reserves and deploying across DeFi, CeFi, and RWAs to provide deep, consistent liquidity. This yield is packaged into products like sUSDS and sUSDC, offering users programmable, fee-free income. Rather than competing with protocols, Spark powers them as the liquidity and yield infrastructure for onchain finance. Access to Deep, Scalable Liquidity: Spark taps into Sky’s $6.5B+ stablecoin reserves, enabling large-scale capital deployment across DeFi, CeFi, and RWAs. User-Friendly Yield Products: Yield is delivered through stablecoins like sUSDS and sUSDC—fully composable, fee-free, and available across chains. SparkLend: 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. Spark Savings: A product for earning yield on stablecoins like USDC, and USDS (and soon, USDT) by converting them into yield-bearing sUSDS or sUSDC. These yield tokens are composable with other DeFi protocols, making it easy to put capital to work while maintaining exposure to onchain yield at a competitive risk-adjusted rate. Spark Liquidity Layer (SLL): A backend capital allocator that routes liquidity to other protocols like Aave, Morpho, and even RWAs (e.g., BlackRock’s BUIDL). One of the most important SLL deployments on Base is the Spark USDC Morpho Vault, which currently supplies $95M USDC, making it the largest liquidity provider to the Coinbase app integration on Base. This vault plays a key role in mitigating rate volatility for borrowers and demonstrates how SLL enhances liquidity conditions across DeFi. Existing Products: Spark's total TVL is currently $7.9B, split between SparkLend and the Spark Liquidity Layer (SLL). You can find real-time details and breakdowns here: https://defillama.com/protocol/spark#information Spark in DeFiLlama, https://defillama.com/protocol/spark#information SparkLend is one of the largest lending protocols in DeFi. It offers deep liquidity and governance-defined rates, providing borrowers with transparent conditions. Spark Savings is live on Ethereum mainnet, Base, Optimism, Arbitrum, Unichain, and Gnosis, offering vaults for both USDS and USDC. The Spark Liquidity Layer actively deploys capital across protocols on multiple chains, including Ethereum mainnet, Base, and Arbitrum. SLL allocations in real-time, https://data.spark.fi/spark-liquidity-layer
News
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press releases
Crypto Lending Statistics 2026: Market Size, Loans and Interest Rates
Crypto lending has grown back into a credit market worth tens of billions of dollars. It rebuilt after Celsius, BlockFi, Genesis and other large lenders failed during the 2022 crypto crisis. The industry looks different in 2026. Decentralized protocols such as Aave, Morpho and Sp...
Blockonomi
Crypto Lending Statistics 2026: Market Size, Loans and Interest Rates
Crypto lending has grown back into a credit market worth tens of billions of dollars. It rebuilt after Celsius, BlockFi, Genesis and other large lenders failed during the 2022 crypto crisis. The industry looks different in 2026. Decentralized protocols such as Aave, Morpho and Sp...
Blockonomi
More News
CoinShares: Thailand Crypto ETF Rules Likely Won’t Spark Fast Start
Thailand is preparing to open a new, regulated route for retail investors to gain exposure to Bitcoin and Ether through locally listed crypto exchange-traded funds (ETFs). The initiative begins Friday, when Thailand’s finalized ETF rules for Bitcoin and Ether take effect and allo...
CryptoBreaking
I tracked my data consumption for 48 hours, and measured against Airtel and MTN’s reports; here is what I found
You subscribe to a large data bundle on Monday, and by Wednesday afternoon, you are suddenly greeted with…
Technext
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In Nigeria, a dead phone can mean missed calls, stranded commutes, and lost work. With power cuts and…
Technext
Crypto Lending Rebounds—Focus Shifts to Risk Controls Now
Crypto lending is rebounding after a painful Q2 marked by collapsing confidence in parts of the DeFi ecosystem. Data cited by Galaxy shows the sector shed $11.33 billion in total value locked (TVL) during Q2 2026, after the Kelp DAO hack in April disrupted access to Aave’s users’...
CryptoBreaking
Crypto lending rises again… but have they solved the risks?
Crypto lending has become more dangerous, due to interlinked protocols and AI assisted hacks. But projects are keenly aware of the risks and have new strategies to fight back.
Cointelegraph.com News
Global Markets Retreat as Rising Oil Prices Spark Inflation Fears
Global equity markets are facing downturns as escalating Middle Eastern tensions and rising oil prices heighten concerns over inflation. The rally that had earlier propelled markets to near-record levels was halted as Brent crude surged past $102 a barrel, marking a 2% increase. ...
BH NEWS
AI Agents Without The Cloud: Microsoft, Nvidia Ready A 128GB Surface Laptop
Priced from $2,599, the Surface Laptop Ultra is a Microsoft and Nvidia bet that AI agents can run on Windows PCs rather than the cloud.
Yellow News
HP Inc. (HPQ) Stock: Climbs as HP Launches New AI PCs With NVIDIA
TLDR HPQ stock climbs 1.61% to $32.24 as HP expands its NVIDIA-powered AI PC lineup. HP unveils new NVIDIA-powered Windows systems for consumers and enterprise users. HP demonstrates its ZGX Fury workstation running Windows on NVIDIA GB300 hardware. HP sets October 16 launch for ...
Blockonomi
Dell Technologies (DELL) Stock: Rises on NVIDIA RTX Spark PC Launch
TLDR Dell stock rises 1.30% after new NVIDIA-powered Windows creator systems launch. XPS 16 Creator Edition brings powerful local computing to creative professionals. Dell Creator Edition Desktop targets sustained, high-demand desktop workloads. Dell Pro Precision with GB300 brin...
Blockonomi

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Binance HODLer AirdropsDecentralized Finance (DeFi)Ethereum EcosystemGovernanceLending/Borrowing ProtocolsStablecoin Issuer
Date
Market Cap
Volume
Close
October 25, 2026
$60.49M
$3.78M
$0.0178
October 25, 2026
$62.25M
$4.83M
$0.0183
October 24, 2026
$63.76M
$7.22M
$0.0188
October 23, 2026
$61.62M
$5.81M
$0.0183
October 22, 2026
$66M
$6.37M
$0.0196
October 21, 2026
$66.07M
$5.37M
$0.0196
October 20, 2026
$64.97M
$5.74M
$0.0193
October 19, 2026
$65.41M
$6.44M
$0.0194
October 18, 2026
$66.41M
$5.8M
$0.0197
October 17, 2026
$68.07M
$7.94M
$0.0202
53

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