Earn on your stablecoins

Maximize your stablecoin yield with . Withdraw to USDC, USDS, or DAI at any time with no slippage or platform fees.

The USDS and USDC borrowing rate and the savings rate are unaffected by liquidity utilization. Instead, they are set by Sky’s governance through on-chain voting cycles. Upcoming rate changes are announced publicly on Spark’s official channels.

Start Saving

(

SparkLend TVL

$3.55B

)(

Spark Liquidity Layer

$1.146B

)(

Savings TVL

$2.359B

)

SPK, the native token of Spark, will soon be available on Ethereum mainnet. It powers participation across the ecosystem—enabling staking, governance, and long-term alignment.

Spark is distributing SPK to communities across the DeFi ecosystem—check your eligibility and learn how to claim

Spark is an onchain asset allocator deploying capital intelligently across DeFi, CeFi and RWAs to build the most advanced, scalable yield engine in DeFi

Spark is built on two core pillars:

01. Liquidity Deployment

Spark can bootstrap products from zero to one without relying on third-party capital due to substantial stablecoin reserves.

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02. Onchain Solutions

Everything Spark builds operates onchain, ensuring transparency, decentralization, and community alignment. This commitment enables rapid scaling while maintaining trust, as Spark’s capital deployments are visible and verifiable on the blockchain.

Go to the Spark Data Hub

Spark helps grow other protocols and ecosystems via premier liquidity integrations

Learn moreLearn more

Total deployed

$

And Spark helps you to unlock your growth across DeFi

01 - 03
Use Spark Savings to earn rewards on your stablecoins
Yield comes from Spark’s allocations to DeFi, CeFi and RWAs, giving users a competitive risk-adjusted rate at scale. You can withdraw anytime into USDC, DAI, or USDS with zero slippage. Spark Savings is available on different networks.
- SaveSave
- Learn more
02 - 03
Borrow USDC and USDS at scale with transparent rates using SparkLend
Borrow USDC and USDS against your supplied assets. Transparent rates, determined by governance, help to limit surprises even for high-scale borrowing.
- Borrow nowBorrow now
- Learn more
03 - 03
Supply and borrow other highly-liquid assets
Create and manage positions with leading assets –ETH, wstETH, rETH, weETH, cbBTC, rsETH, ezETH, tBTC, and LBTC– and easily monitor and rebalance them in real time.
- Access SparkLendAccess SparkLend
- Learn more

Designed to perform, audited to protect

Multiple rigorous audits of Spark’s codebase help to mitigate technological risks.

View allView all

SparkLend Smart Contract Audit

By ChainSecurity

Spark Liquidity Layer Smart Contract Audit

By Cantina

Savings USDS Smart Contract Audit

By ChainSecurity

About Spark Bug Bounty

Spark is designed to be secure and mitigate risk by leveraging the highest standards of engineering. With one of the largest bug bounty programs in DeFi, Spark encourages white hat hackers and security experts to identify and report any vulnerability in the codebase.

And there’s up to $5 million if they can.

Learn more