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 2 September 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: 24 proposals in the last 90 days, against 88 over the year.
SnapshotParticipation
This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.
SnapshotTreasury diversification
71% of the treasury is held in assets other than the organization's own token.
DefiLlamaVote decentralization
Only 5 addresses voted across the last three settled proposals.
SnapshotWhat moved the score
- Activity100
- Vote decentralization15
- Treasury diversification71
What changed
Nothing has changed in the last 30 days.
Treasury
| Own token | $19.1m | 29% |
|---|---|---|
| Stablecoins | $46.9m | 71% |
| Other major assets | $992 | 0.0% |
| Other | $836 | 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 | 11 |
|---|---|
| 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 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 68 |
| 2 Sept 2026 | 67 |
Recent proposals
[Ethereum] Spark Liquidity Layer - Onboard the Sentora-Curated RLUSD Morpho Vault
31 Aug 2026[Ethereum] Spark Liquidity Layer - Offboard Unused Integrations
31 Aug 2026[Ethereum] Spark Liquidity Layer - Onboard SparkLend RLUSD
17 Aug 2026[Ethereum] Spark Liquidity Layer - Onboard SparkLend USDG
17 Aug 2026SAEP-19: Remove the Spark Risk Council
17 Aug 2026[Ethereum] Spark Liquidity Layer – Onboard Curve rlUSD/USDC for Swaps
3 Aug 2026[Ethereum] Spark Liquidity Layer - Onboard Uniswap v4 rlUSD/USDS Pool
3 Aug 2026[Ethereum] Spark Liquidity Layer - Onboard Uniswap v4 USDG/USDS Pool
3 Aug 2026SAEP-18: Update Spark Liquidity Layer Freezer Multisig
20 Jul 2026SAEP-17: Update Spark Savings Artifact Section
20 Jul 2026
Participation and power
Top voters in recent votes
- 10xF80A…06A936%
- 20xDC5D…799a34%
- 30x71fa…F6d330%
- 40xc351…68140.0%
- 50x0151…c3B90.0%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 2 Sept 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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