spark

USDC Savings Vault

APY (7d)

4.50%

Strategy overview

Where does the yield come from?

The USDC Savings Vault from Spark is powered by the Sky Savings Rate. Sky protocol pays yield to users who deposit USDC or USDS into the Sky Savings Rate (SSR) module. SSR yield is funded by the Sky protocol's excess reserves, generated by fees paid by overcollateralized borrowers on Sky who borrow through collateralized debt positions ("CDPs").

Chain
EthereumEthereum
Protocol
sparkspark
Underlying token
USDCUSDC
Chart time range:

Vault Performance

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Total Value Locked (TVL)

Current TVL

240.89M USDC

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Vault Reputation & History

8.0

Score (max: 10.0)

  • Protocol:

    spark

  • Network:

    EthereumEthereum
    L2beat

  • Token:

    USDC
    Credora

  • Vault history:

    High

  • # of holders:

    1,176
How is this score calculated?

Reputation Score measures how "lindy" this vault and protocol is, while also taking into account external ratings on the underlying network and token. How it works.

Holders distribution

# of holders

1,176