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Spark Protocol Q1 2026 Report: Total Protocol Revenue Reaches $31.5M

Project Progress

2026-04-24 17:00:46

SPK4.17%

Gate News message, April 24 — Spark Protocol released its first-quarter 2026 financial report, showing total protocol revenue of $31.5 million, net protocol revenue of $6.91 million, and net protocol surplus of $3.46 million. The protocol's treasury now holds $46.1 million in assets, with $986,000 in SPK token buybacks completed during the quarter.

Distribution revenue surpassed liquidity layer returns as the primary revenue driver for the first time, driven by narrowing lending spreads and expanded savings demand.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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