Spark Protocol Revenue Analysis

💰 Spark's Revenue Secret Revealed

By SparkLend
Jun 16, 2025, 3:21 PM
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Spark Protocol maintains consistent revenue performance with $174M projected annualized revenue as of June 2025.​ The protocol shows stability in its financial metrics, continuing the trend observed since late 2024.​

Key points:

  • Spark remains the dominant revenue generator, contributing 48% of total protocol revenue
  • Revenue projections have held steady at $174M annually
  • Protocol demonstrates sustained growth in the DAI ecosystem

SparkLend continues to serve as the primary DAI-focused money market protocol, leveraging direct liquidity from Maker.​

Sources

Steady revenue growth for the protocol. $174m current projected annualized revenue⚡️

Lucas Manuel ⚡
Lucas Manuel ⚡
@lucasmanuel_eth

Annualized revenue has gone from $63m to $174m in just two months, almost a 3x. @sparkdotfi is the world's largest Onchain Capital Allocator and it's really just getting started. data.spark.fi/spark-liquidit…

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