Spark Liquidity Layer
(SPK)
TVL by Chain
| Asset | Quantity |
|---|---|
| Ethereum | $2.30B |
| Base | $422.68M |
| Arbitrum | $9.99M |
| Optimism | $999.66K |
| Unichain | $40.06K |
| Avalanche | $0.157 |
| Robinhood Chain | $0.00 |
| X Layer | $0.00 |
Protocol Information
The Spark Liquidity Layer (SLL) automates liquidity provision of USDS, sUSDS, and USDC directly from Sky across various blockchain networks, DeFi protocols, and RWA
Methodology
Counts the assets held by the Spark Liquidity Layer allocators (ALM Proxy, freezable ALM Proxy and PSM3) on each chain. Sky-minted USDS, sUSDS and DAI are excluded, and their SparkLend and Morpho positions are counted only to the extent third parties have borrowed against them; other supplied assets such as PYUSD, USDT and USDC are counted in full. spWETH is excluded as it backs Spark Savings ETH, which is counted under spark-savings. The Anchorage custody allocation is sourced off-chain.
Audit
A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.
