Understanding Spark's TVL and Capital Allocation Strategy
Understanding Spark's TVL and Capital Allocation Strategy
🤔 TVL's Hidden Secret

Spark's Liquidity Layer (SLL) is redefining how TVL should be measured in DeFi. Unlike traditional protocols that simply lock capital, SLL actively allocates funds across multiple protocols and chains.
Key points:
- Currently allocating $2.38B in assets onchain
- Holds ~40% market share as an Onchain Capital Allocator
- Operates across Arbitrum, Base, and Ethereum
The traditional TVL metric appears split because SLL deploys capital externally. When enabling 'Double Counting', the full picture emerges, showing LP tokens and vault positions across the ecosystem.
This approach maximizes capital efficiency by:
- Ensuring deeper liquidity
- Generating competitive yields
- Reducing idle capital
The Spark TVL needs a closer look. Spark is growing, with an expanding supply and multiple new capital integrations between TradFi, CeFi, and Defi. But what about the Spark Liquidity Layer's TVL? Let's have a look 👇
Spark is now the largest Onchain Capital Allocator in the world. Spark is currently allocating $2.38 billion in assets onchain, making it the leader in this newly defined category with ~40% market share contribution. See it for yourself 👇 defillama.com/protocols/Onch…
Moving capital for deeper liquidity & better DeFi Spark is the Onchain Capital Allocator that programmatically deploys $2.3B+ in liquidity across DeFi for maximum capital efficiency and less liquidity fragmentation. Upgrading your borrowing & lending experience. Here’s how ⤵️
Spark is now listed as an Onchain Capital Allocator on @DefiLlama! But that's not even the best part. Spark has defined this new category - Onchain Capital Allocator for DeFi. Check it out 👇 defillama.com/protocols/onch…
Now tracking @sparkdotfi Liquidity Layer on @ethereum , @arbitrum & @base The Spark Liquidity Layer (SLL) automates liquidity provision of USDS, sUSDS, and USDC directly from Sky across various blockchain networks and DeFi protocols
In DeFi, liquidity isn’t enough. That’s why Spark doesn’t just provide liquidity, but also orchestrates it as the onchain capital allocator of DeFi. Spark allocates capital where it's needed most to ensure competitive yields and higher capital efficiency for all. Dive in 👇
A bank wouldn't tell you this, so Spark will. Banks optimize for profits, Spark optimizes for more competitive yields on your Savings. Allocating your saved capital across DeFi to get you higher capital efficiency and better APYs. Here's what it means 👇
sUSDS Becomes Fastest Growing Asset in Spark Savings as TVL Hits $4.1B

**sUSDS has emerged as the fastest growing asset** within Spark Savings, driving significant growth across the platform. **Key Metrics:** - Total Value Locked (TVL) has **surpassed $4.1 billion** - Platform is hitting **new all-time highs daily** - Represents massive growth from previous milestones **Recent Growth Context:** - Savings V2 TVL previously reached $300M in November - Caps were raised to accommodate demand: USDT 500M, USDC 500M, ETH 100K - Spark now leads across all chains with +$3B in TVL **Platform Features:** - Institutional-grade, non-custodial access - Real-time compounding growth - No platform fees or slippage - Deposit stablecoins or ETH, withdraw anytime in same asset The rapid adoption of sUSDS demonstrates growing institutional and retail demand for yield-generating stablecoin products in the DeFi space.
Spark Hits Multiple All-Time Highs in November

**Spark achieved multiple all-time highs** during November while delivering significant platform updates. The DAI-centric money market protocol continues its growth trajectory, building on previous monthly successes. Key developments included: - Multiple ATH milestones reached - Important platform updates delivered - Continued integration with top DeFi protocols Spark combines **premium liquidity from Maker** with vertical integration across leading DeFi platforms, strengthening the DAI ecosystem.
🔥 Two weeks left

**Spark Season 2 ending soon** - only two weeks remaining to accumulate points. Current stats: - **425+ billion points** distributed - **15,764 active wallets** participating This is your **final opportunity** to stack points before Season 2 concludes. [Start earning points now](https://app.spark.fi/points)
Spark Dominates $10B Onchain Capital Allocator Market with $3B TVL

The onchain capital allocator market has experienced explosive growth, expanding from $111M to **$10B in total value locked (TVL)** over the past 18 months. **Spark leads the market** across all chains with over $3B in TVL, demonstrating what institutional-grade DeFi protocols can achieve. This represents a **90x growth** in the overall market, highlighting the increasing adoption of onchain capital allocation solutions by institutional and retail users alike. The rapid expansion showcases the maturation of DeFi infrastructure and growing confidence in onchain financial products.
Last Call for Pendle Points Season 1

Final week to participate in Pendle Points Season 1, ending August 12, 2025. - Earn points by simply holding YT/PT-USDS positions on Pendle - No additional steps required - Access through [Spark.fi](https://app.spark.fi/points) or [Pendle Finance](https://app.pendle.finance/trade/pools/0xdace1121e10500e9e29d071f01593fd76b000f08) *Note: This crypto-asset marketing communication has not been reviewed by EU authorities. For official documentation, visit [spark.fi/mica](http://spark.fi/mica)*