Spark: Total Protocol Revenue Reaches $31.5 Million in Q1 2026
According to Odaily, Spark announced on the X platform that its financial report for the first quarter of 2026 has been released. The report shows a total protocol return of $31.5 million, a net protocol return of $6.91 million, and a net protocol surplus of $3.46 million. Currently, Spark Protocol's treasury holds $46.1 million, and $986,000 worth of SPK tokens have been bought back. Due to a narrowing lending margin and increased demand for savings, distribution has, for the first time, overtaken the Spark liquidity layer to become the main driver of returns.
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