Spark
⚡️Powering DeFi with $2.6B+ in liquidity. Supply/borrow/earn with competitive rates, seamless access, and scalable liquidity. Spark: Onchain Capital Allocator.
as of 19 October 2026
Verdict
Active but concentrated: proposals keep coming, and a small group of addresses decides most outcomes.
Key figures
Health breakdown
Activity
Activity is steady: 23 proposals in the last 90 days, against 101 over the year.
SnapshotParticipation
This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.
SnapshotTreasury diversification
72% of the treasury is held in assets other than the organization's own token.
DefiLlamaVote decentralization
Only 6 addresses voted across the last three settled proposals.
SnapshotWhat moved the score
- Activity95
- Vote decentralization18
- Treasury diversification72
What changed
- 13 Oct 2026One new proposal.
- 6 Oct 20262 new proposals.
- 1 Oct 20266 new proposals.
- 15 Sept 20264 new proposals.
Treasury
| Own token | $19.4m | 28% |
|---|---|---|
| Stablecoins | $50.2m | 72% |
| Other major assets | $871 | 0.0% |
| Other | $886 | 0.0% |
Treasury values move with token prices. See the daily history for how this figure has changed.
Governance activity
Proposals per month
Text version of this chart
| 2025-10 | 9 |
|---|---|
| 2025-11 | 11 |
| 2025-12 | 6 |
| 2026-01 | 9 |
| 2026-02 | 6 |
| 2026-03 | 12 |
| 2026-04 | 5 |
| 2026-05 | 4 |
| 2026-06 | 8 |
| 2026-07 | 8 |
| 2026-08 | 8 |
| 2026-09 | 12 |
| 2026-10 | 3 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 68 |
| 2 Sept 2026 | 67 |
| 3 Sept 2026 | 67 |
| 4 Sept 2026 | 69 |
| 5 Sept 2026 | 69 |
| 6 Sept 2026 | 69 |
| 7 Sept 2026 | 69 |
| 8 Sept 2026 | 69 |
| 9 Sept 2026 | 69 |
| 10 Sept 2026 | 69 |
| 11 Sept 2026 | 69 |
| 12 Sept 2026 | 69 |
| 13 Sept 2026 | 69 |
| 14 Sept 2026 | 69 |
| 15 Sept 2026 | 69 |
| 16 Sept 2026 | 69 |
| 17 Sept 2026 | 69 |
| 18 Sept 2026 | 69 |
| 19 Sept 2026 | 69 |
| 20 Sept 2026 | 69 |
| 21 Sept 2026 | 67 |
| 22 Sept 2026 | 67 |
| 23 Sept 2026 | 67 |
| 24 Sept 2026 | 67 |
| 25 Sept 2026 | 67 |
| 1 Oct 2026 | 68 |
| 2 Oct 2026 | 65 |
| 3 Oct 2026 | 64 |
| 4 Oct 2026 | 65 |
| 5 Oct 2026 | 62 |
| 6 Oct 2026 | 63 |
| 7 Oct 2026 | 64 |
| 8 Oct 2026 | 64 |
| 9 Oct 2026 | 66 |
| 10 Oct 2026 | 66 |
| 11 Oct 2026 | 66 |
| 12 Oct 2026 | 66 |
| 13 Oct 2026 | 67 |
| 14 Oct 2026 | 67 |
| 15 Oct 2026 | 67 |
| 16 Oct 2026 | 68 |
| 17 Oct 2026 | 68 |
| 18 Oct 2026 | 68 |
| 19 Oct 2026 | 66 |
Recent proposals
[Arbitrum] Spark Liquidity Layer - Bridge sUSDS to Arbitrum
12 Oct 2026[Ethereum] Spark Liquidity Layer - Reduce Sentora x Spark RLUSD WBTC Relative Supply Cap
5 Oct 2026[Ethereum, Base] Spark Governance - Rotate Guardian and Curator Multisig Signers
5 Oct 2026[X Layer] Spark Savings - Add spUSDC to the Savings Vault Intents contract
28 Sept 2026[Arbitrum] Spark Liquidity Layer - Transfer Beacon admin to the Sky governance relay
28 Sept 2026[Arbitrum] Spark Liquidity Layer - Return excess USDS to Ethereum
28 Sept 2026[Arbitrum] Spark Liquidity Layer - Authorize the PAS Configurator on the Diamond PAU
28 Sept 2026[Arbitrum] Spark Liquidity Layer - Bridge sUSDS to Arbitrum
28 Sept 2026[Arbitrum] Spark Liquidity Layer - Diamond PAU Parallel Controller with CCTP V2
28 Sept 2026SAEP-22: Update Risk Curation Framework
14 Sept 2026
Participation and power
Top voters in recent votes
- 10xF80A…06A962%
- 20x71fa…F6d327%
- 30xDC5D…799a12%
- 40xD223…Ae690.0%
- 50xb331…A0c20.0%
- 60x0151…c3B90.0%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 19 Oct 2026Sources and verification
Every figure on this page was read from one of these. Each row links to the page a person can check.
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Something wrong?Comparing organizations side by side is planned for a future update.
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