SparkLend
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
Key facts
- Category
- Lending
- Chains
- 2
- Token
- SPK
- Oracles
- Chainlink, Chronicle, RedStone
- Audits
- 2
- Listed
- May 2023
Similar Lending protocols
How this TVL is counted
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.
Frequently asked questions
What is SparkLend’s TVL?
SparkLend has $5.08B in total value locked, -0.57% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is SparkLend on?
SparkLend runs on 2 chains; the most value sits on Ethereum ($5.08B).
What kind of protocol is SparkLend?
SparkLend is listed under Lending, where it ranks #3 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.