Spark Protocol - Logo

Spark Protocol

Ethereum - Logo
1 chain

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What is Spark Protocol?

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

How does Spark Protocol work?

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

Who governs Spark Protocol?

SparkDAO SPK tokenholders will own and govern the protocol. The protocol is currently governed under MakerDAO as a subDAO.
RevenueSpark's share of the interest$10Connects Borrowers & LendersSupply-side feesLenders' share of the interest$90LendersFeesInterest paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.