SparkLend · Ethereum

USDS (SPK Farming Pool)

Overview

The SparkLend USDS pool on Ethereum is a single-asset stablecoin farming position within the SparkLend lending protocol, where USDS serves as the deposited asset.

The pool generates a total APY of 3.99 percent, composed entirely of reward APY; base APY data is unavailable. Over the past seven days, APY increased 0.48 percent, while the 30-day trend shows a 0.26 percent decline from the 30-day mean of 3.91 percent. APY momentum is mixed, with recent weekly gains offsetting longer-term erosion.

Total value locked stands at approximately 841.8 million USD with no reported seven-day TVL change data. As a stablecoin pool, the primary risk exposure is depeg risk associated with USDS maintaining its peg, in addition to smart-contract risk inherent to the SparkLend protocol.

Generated 2026-05-18 from the structured pool data on this page. No external claims, no hand-edited text. See methodology.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 3.99%; 30-day mean is 3.91%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 55% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.