BlackRock BUIDL vs Spark
Compare BlackRock BUIDL and Spark on TVL, fees, revenue and activity to understand how these projects stack up.
BUIDL is BlackRock’s tokenised U.S. Treasury fund issued on Ethereum in partnership with Securitize. Each share represents ownership in a money‑market fund holding short‑dated Treasuries and reverse repos, with NAV updated daily on chain. Qualified holders can redeem tokens for cash within T+1 settlement, and yield is streamed to wallets every business day.
View Full Page$7.92B
SparkLend is MakerDAO’s permissionless lending front‑end that pipes DAI liquidity directly from the Maker core vault into isolated lending markets. Because the backend uses D3M credit lines, borrowers enjoy below‑market rates that float with the DAI Savings Rate. Since launch on Ethereum mainnet in May 2023 Spark TVL has oscillated between 300‑600 million DAI and is governed by MKR Executive Votes.
View Full PageKey Metrics Comparison
BlackRock BUIDL
TVLN/A
24h VolumeN/A
24h Fees$249.8K
24h Revenue$13.7K
30d Fees$7.72M
30d Revenue$427.8K
7d TVL ChangeN/A
Dominance0.00%
Spark
TVL$7.92B
24h VolumeN/A
24h Fees$598.6K
24h Revenue-$43K
30d Fees$19.22M
30d Revenue$889.8K
7d TVL Change+1.70%
Dominance2.79%
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
TVL Share
Share of combined TVL
BlackRock BUIDL
1.0%Spark
1.0%Volume Share
Share of combined 24h volume
BlackRock BUIDL
1.0%Spark
1.0%Fees Share
Share of combined 24h fees
BlackRock BUIDL
29.4%Spark
70.6%Revenue Share
Share of combined 24h revenue
BlackRock BUIDL
1.0%Spark
146.3%7d TVL Performance
TVL change over last 7 days
BlackRock BUIDL
N/ASpark
1.70%Dominance
Market dominance by TVL
BlackRock BUIDL
0.0%Spark
2.8%