SparkLend

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

A further 10,7 Mio. $ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

SparkLend is published as a versioned release inside the Spark protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

SparkLend ist eine versionierte Variante einer größeren Protokollfamilie. Öffne das übergeordnete Protokoll für den kombinierten TVL und alle Geschwister-Versionen.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. May 3, 2023
   Auf DeFiLlama gelistet

SparkLend is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed across 2 chains, including Ethereum, xDai. The codebase has been independently audited (1 report on file).

SparkLend operates on 2 networks (Ethereum, xDai), keeping its surface area narrower than chain-agnostic peers. Roughly 99% of its on-chain value sits on just three networks (Ethereum, borrowed, Ethereum-borrowed), so a fault on any one of them would affect a large slice of users. Price discovery relies on 3 oracle providers (Chainlink, Chronicle, RedStone), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for SparkLend — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

SparkLend is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure 42,5 Mrd. $ in deposits, giving you a frame of reference for whether SparkLend's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 Mrd. $ · 24h +0.16%

Morpho V1

TVL 7 Mrd. $ · 24h +0.57%

JustLend

TVL 3,4 Mrd. $ · 24h +1.86%

Maple

TVL 2,4 Mrd. $ · 24h -1.17%

Kamino Lend

TVL 2,1 Mrd. $ · 24h -0.02%

Compound V3

TVL 1,4 Mrd. $ · 24h -0.37%