SparkLend · Ethereum

USDS

Overview

SparkLend USDS on Ethereum is a lending protocol pool on the Ethereum chain where USDS functions as the primary asset. The pool currently generates a base APY of 2.235%, with no reward APY component, for a total APY of 2.235%. Over the past 30 days, APY has declined 0.3163%, while the 7-day change shows a steeper drop of 0.2486%; the 30-day mean APY was 2.461%. The pool holds USD 87,035,765 in total value locked, with trend data for this metric unavailable. As a stablecoin pool, the primary risk exposure is depeg risk; the pool carries no impermanent loss exposure due to its single-asset structure.

Composed 2026-05-18 from the structured data above. See methodology for the full pipeline.

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 2.56%; 30-day mean is 2.43%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 66% confidence based on historical patterns.

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