Spark Protocol Reports $12.12M Net Profit in Q4 2025
Spark Protocol Reports $12.12M Net Profit in Q4 2025
💰 Spark's Q4 Numbers
Spark Protocol has released its Q4 2025 financial report, showing continued profitability across its product suite.
Key Financial Metrics:
- $53.01M gross revenue
- $19.2M gross profit
- $12.12M net profit
Revenue Sources:
- Spark Liquidity Layer (SLL): Earns spread between investment yields and cost of capital
- SparkLend: Collects reserve factor on borrower interest
- Market Curation: Performance fees from curated Morpho vaults
- USDS Distribution: 0.6% accessibility reward from Sky
- Treasury Management: Yield from SKY's savings rate
The report includes detailed profit and loss statements and consolidated balance sheets. This follows Q3's strong performance, indicating consistent growth for the DAI-centric protocol.
Read detailed blog report here: paragraph.com/@spark-11/spar…
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🔥 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)