Lend
Spark · Mainnet
Frequently Asked Questions
What is the current APY for Lend?
The current spot APY for Lend on Spark (Mainnet) is 3.63%. The 30-day average APY is 3.67%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Lend?
The total value locked (TVL) in Lend is $3.0M. TVL measures the total USDC assets currently deposited in this vault.
Does the Lend yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Which network is Lend deployed on?
Lend is deployed on Mainnet. Network choice affects transaction costs, settlement speed, and which protocols are available. On-chain APY figures on Earnbase are calculated from exchange rate data on Mainnet directly.
Compare with Other USDC Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| Bitcoin Dollar USDC | IPOR Fusion | Ethereum | 19.42% | $490.1K |
| wsrUSD (Leveraged Looping) | IPOR Fusion | Mainnet | 17.23% | $960.3K |
| mHYPER Looping | IPOR Fusion | Ethereum | 15.51% | $122.2K |
| Hyperithm (Private Credit) | Wildcat | Mainnet | 15.00% | $30.0M |
| USDC Vault | 40 Acres | Base | 14.67% | $7.4M |
| TAU Reservoir Pointsmax | IPOR Fusion | Ethereum | 13.77% | $42.4K |
| 40 Acres Autocompounder | Harvest | Base | 13.06% | $1.9M |
| Syntropia Boosted | Lagoon | Ethereum | 12.96% | $353.3K |
| Swaap Lend | Euler | Mainnet | 10.82% | $77.1K |
| Earn - avUSDC | Avantis | Base | 10.12% | $30.1M |
More Spark Strategies
Lend
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Yield Overview
Lend is a USDC yield strategy on Spark (Mainnet). It currently generates 3.63% APY (24h) with a 30-day average of 3.67%. The vault holds $3.0M in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Spark · Mainnet
Market Benchmarking
Within the USDC ecosystem, this product ranks #86 out of 154 strategies. Its 3.63% yield is 18.3% lower than the market average of 4.45%.
How Lend Compares
Lend currently ranks #86 among 154 monitored USDC strategies. However, with a TVL of $3.0M, it holds significantly less capital than higher-TVL alternatives like Lending Market ($4.8M).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 19.8% lower than the network average for USDC strategies. By TVL, this product ranks #20 of 52 USDC strategies on Mainnet.
About Spark
Spark is a DeFi protocol offering yield strategies tracked by Earnbase. Earnbase tracks 1 strategy on Spark.
USDC on Mainnet#29 of 52
Yield Sustainability
The 24h APY of 3.63% is nearly identical to the 30-day mean, with only a 1.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Yield Trajectory
Lend has been on a 7-day flat streak, with APY rising from 3.63% to 3.63% over this period. Over the past 30 days, the product delivered positive yields on 30 out of 30 days. Week-over-week, yields have increased by 0.0%. The strongest 7-day period was Jun 05–Jun 11 averaging 4.00%, while the weakest was Jun 19–Jun 25 at 3.63%. Current 24h APY of 3.63% is 3.2% below the product's own 30-day average.
Weekly yields have improved for 1 consecutive week, with the most recent 7-day average of 3.63% representing a mid-range weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 203 days, Lend's yield has shown a stable trend, with yields expanding from 3.78% to 3.92%, a 3.7% increase. The sustainability score of 99/100 aligns with a period of relative yield stability.
Historical TVL Statistics
Over the past 203 days, Lend's total value locked has experienced a contraction, declining from $8.4M to $3.3M, a 60.2% reduction.
History
FAQ
Yield & Performance
Lend on Spark offers a 24-hour APY of 3.63%, a 30-day average of 3.67% on USDC. Yields are variable and update daily based on protocol activity.
Lend ranks #86 out of 154 monitored USDC strategies. Its current yield of 3.63% is 18.3% below the market average of 4.45%.
Earnbase rates the yield sustainability of Lend at 99/100, classified as "Very Stable". The 24h APY of 3.63% is nearly identical to the 30-day mean, with only a 1.0% variance. This level of consistency is uncommon in DeFi and reflects a mature, well-calibrated yield source with predictable returns.
Over the past 203 days, Lend has shown a stable yield trajectory. The average APY moved from 3.78% to 3.92%.
Lend has a yield volatility rating of "Moderate" (standard deviation: 0.51pp over 203 days). The APY has ranged from 1.90% to 4.49% in the tracked period, with an average of 3.81%.
Liquidity & TVL
Lend currently has a total value locked (TVL) of $3.0M in USDC deposits.
Lend holds $3.0M in USDC deposits. Across all 154 tracked USDC strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $3.0M places it within the broader spectrum of USDC opportunities tracked on Earnbase.
By total value locked, Lend ranks #20 of 52 USDC strategies on Mainnet. It currently holds $3.0M.
Lend's TVL is currently declining. Over the past 203 days, TVL moved from $8.4M to $3.3M, a -60.2% change. The 30-day high was $20.3M and the 30-day low was $1.8M.
Both yield and TVL are declining, and depositors may be exiting in response to falling returns. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, Lend had 10 days of inflows and 19 days of outflows. The largest single-day inflow was +$242.2K (Jun 13, 2026) and the largest outflow was -$250.9K (Jun 14, 2026). Net 30-day TVL change: -15.0%.
Strategy & Access
Lend operates on the Mainnet network and is managed by Spark. It accepts USDC deposits.
To deposit into Lend, you need USDC tokens on the Mainnet network. Visit the Spark platform directly to connect your wallet and make a deposit.
Lend ranks among 52 monitored USDC strategies on Mainnet. Its yield of 3.63% is 19.8% below the Mainnet average of 4.53%.
Lend is deployed on Spark's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Spark is the DeFi protocol infrastructure that Lend operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.
For illustrative purposes only. Based on the current 3.63% on-chain APY for USDC. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Spark before depositing.
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