Spark Savings protocol
Overview
Spark Savings is the consumer-facing yield product of Spark, the DeFi capital-allocation platform that sits alongside Sky (formerly MakerDAO). It lets holders of stablecoins deposit into savings vaults - sUSDS and spUSDC among them - and earn a yield that Spark describes as onchain, programmable income that is diversified, fee-free and composable. The yield does not come from a single lending market: Spark operates as a two-sided capital allocator, borrowing from Sky's stablecoin reserves and deploying that capital across DeFi, centralised venues and real-world assets, then passing returns back to savers. Because the savings tokens are ordinary ERC-20 vault shares that appreciate against the underlying stablecoin, they can be used as collateral or liquidity elsewhere in DeFi rather than sitting idle. Spark's other components are SparkLend, a money market whose stablecoin liquidity is supplied directly by Sky, and the Spark Liquidity Layer, which pushes capital into DeFi markets across chains. Spark also has an SPK token with associated staking and governance mechanisms. Spark grew out of the Sky (formerly MakerDAO) ecosystem as its designated yield and liquidity 'Star', taking Sky's stablecoin reserves and deploying them across DeFi, CeFi and real-world assets. It later added its own SPK token with staking and governance.
Within the DeFi Intel graph, Spark Savings connects to 9 tracked entities, most strongly to Ethereum, Arbitrum, Base.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 9 of 9 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Base | 95% |
deployed_on | Optimism | 95% |
deployed_on | Avalanche | 95% |
deployed_on | Unichain | 95% |
supports_token | SPK | 95% |
audited_by | ChainSecurity | 80% |
audited_by | Cantina | 75% |
Frequently asked questions
What is Spark Savings?
Spark Savings is a yield tracked in the DeFi Intel knowledge graph. It is connected to 9 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
What type of entity is Spark Savings?
Spark Savings is classified as a yield (protocol) in the DeFi Intel knowledge graph.
What is Spark Savings connected to?
In the DeFi Intel knowledge graph, Spark Savings is linked to 9 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
Live news feed, full graph, and search.