SparkLend · Ethereum

USDT

Overview

SparkLend USDT on Ethereum is a single-asset lending pool where USDT serves as the deposited asset on the SparkLend protocol.

The pool generates a base APY of 2.6858 percent with no reward component, resulting in a total APY of 2.6858 percent. Over the past 30 days, the average APY was 3.0901 percent, representing a 24.65 percent decline from that mean. The 7-day change shows no movement. Trend data suggests a recent contraction in yield relative to the monthly average.

Total value locked stands at approximately 115.43 million USD. The pool carries depeg risk as a stablecoin product, though its single-asset structure eliminates impermanent loss exposure. Smart-contract risk remains inherent to the protocol's underlying implementation.

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 3.41%; 30-day mean is 3.41%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 88% confidence based on historical patterns.

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