DeFi protocol
SparkLend
5 products · 3 coins · Ethereum · TVL $5.6B · data via DefiLlama
Platform risk tier
A· Lower risk · meets 5/5 criteriaSee why
A fork of Aave V3 with DAI/USDS liquidity from Sky, live since 5/2023. No incidents recorded; it removed rsETH before the Kelp incident.
- ✓Operating since 2023-05 (3 years)
- ✓Audited by 3 firms: ChainSecurity, Cantina, Aave V3 auditors
- ✓Bug bounty programme (Immunefi, up to $5M)
- ✓Large TVL: $5.6B
- ✓No recorded incident causing user losses in the core product
- iRisk of the asset itself: Pooled lending: bad-debt risk from collateral/oracles and delayed withdrawals at high utilisation.
Last reviewed 24/09/2026. Not investment advice.Facts and sources →
You keep your own wallet and deposit straight into the smart contract. Click a product name for details.
5/5 products · How risk tiers work
| Conditions & limits | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| BTC | SparkLend · Ethereum (CBBTC)One rate for any amount.
| Flexible DeFi · smart contract | A· Lower risk | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | Withdraw any time if the pool has enough liquidity |
| DAI | SparkLend · Ethereum · SPK Farming Pool (USDS)One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 4.87% | – | 4.87% | 4.87% | 4.87% | Token rewards Withdraw any time if the pool has enough liquidity |
| DAI | SparkLend · Ethereumproduct 2One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 2.67% | 2.67% | 2.67% | 2.67% | 2.67% | Withdraw any time if the pool has enough liquidity |
| DAI | SparkLend · Ethereum (USDS)One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 2.53% | 2.53% | 2.53% | 2.53% | 2.53% | Withdraw any time if the pool has enough liquidity |
| ETH | SparkLend · Ethereum (WETH)One rate for any amount.
| Flexible DeFi · smart contract | A· Lower risk | 1.43% | 1.43% | 1.43% | 1.43% | 1.43% | Withdraw any time if the pool has enough liquidity |