# Spark

> Track Spark's fees, revenue, TVL and active users with daily on-chain data across 9 chains. Compare Spark with other lending projects. Updated daily.

Source: [Spark on Token Terminal](https://tokenterminal.com/explorer/projects/spark). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: SPK
- Sectors: Lending
- Chains: arbitrum, avalanche, base, ethereum, gnosis, optimism, robinhoodchain, unichain, xlayer

## About

### What it is

Spark is a non-custodial lending protocol built on Ethereum. Spark’s development team Phoenix Labs was founded in early 2023.

### Who uses it

SPK tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).

### How it works

Lenders deposit funds into Spark and receive interest payments from borrowers (supply-side fees).

## Metrics

Token Terminal tracks these metrics for Spark daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/spark/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/spark/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/spark/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/spark/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/spark/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/spark/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/spark/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/spark/metrics/token-supply-circulating)
- [Total value locked](https://tokenterminal.com/explorer/projects/spark/metrics/tvl)
- [Active loans](https://tokenterminal.com/explorer/projects/spark/metrics/active-loans)
- [Capital deployed](https://tokenterminal.com/explorer/projects/spark/metrics/capital-deployed)
- [Fees](https://tokenterminal.com/explorer/projects/spark/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/spark/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/spark/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/spark/metrics/expenses)
- [Cost of revenue](https://tokenterminal.com/explorer/projects/spark/metrics/cost-of-revenue)
- [Operating expenses](https://tokenterminal.com/explorer/projects/spark/metrics/operating-expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/spark/metrics/token-incentives)
- [Gross profit](https://tokenterminal.com/explorer/projects/spark/metrics/gross-profit)
- [Earnings](https://tokenterminal.com/explorer/projects/spark/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/spark/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/spark/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/spark/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/spark/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/spark/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/spark/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/spark/metrics/user-mau)
- [Spark Liquidity Layer AUM](https://tokenterminal.com/explorer/projects/spark/metrics/spark-liquidity-layer-aum)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/spark/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/spark/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/spark/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/spark/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/spark/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/spark/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/spark/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/spark/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/spark/metrics/arpu)
- [Vault deposits](https://tokenterminal.com/explorer/projects/spark/metrics/vault-deposits)
- [Take rate](https://tokenterminal.com/explorer/projects/spark/metrics/take-rate)

## Links

- [governance](https://forum.skyeco.com/c/spark-prime/)
- [github](https://github.com/marsfoundation)
- [twitter](https://x.com/sparkfinance)
- [discord](https://discord.com/invite/sparkfinance)
- [website](https://spark.finance/)
- [linkedin](https://www.linkedin.com/company/sparkfinance/)