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@lucasmanuel_eth "Q3 financial report for Spark is out Spark is a demonstration of how a DeFi protocol on Ethereum can generate tangible and sustainable profits onchain using stablecoins. Key highlights: Gross revenue:$53.02M (aggregate returns across all product lines) Gross profit / net revenue:$19.2M (gross returns less cost of capital) Net profit:$12.12M (gross revenue less operating expenses) Spark Protocol treasury (end of quarter):$38.8M Spark's revenue streams: Spark Liquidity Layer (SLL): Earns the spread between investment yields and its cost of capital. SparkLend: Collects a fee on interest accrued"
X Link @lucasmanuel_eth 2025-10-28T23:46Z 4365 followers, XXX engagements