Spark vs WBTC
Compare Spark and WBTC on TVL, fees, revenue and activity to understand how these projects stack up.
$7.89B
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 Page$9.498B
Wrapped BTC (WBTC) is a Bitcoin‑backed ERC‑20 minted by BitGo under a multi‑sig controlled by merchants and custodians. Each token is 1:1 redeemable for BTC, with reserves published every 24 hours and verifiable on chain. WBTC accounts for more than 70 % of tokenised bitcoin on Ethereum and serves as core collateral for Aave, Maker and Compound.
View Full PageKey Metrics Comparison
Spark
TVL$7.89B
24h VolumeN/A
24h Fees$624.8K
24h Revenue-$43K
30d Fees$19.22M
30d Revenue$889.8K
7d TVL Change+1.27%
Dominance2.78%
WBTC
TVL$9.498B
24h VolumeN/A
24h Fees$0
24h Revenue$0
30d Fees$0
30d Revenue$0
7d TVL Change-1.58%
Dominance3.35%
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
TVL Share
Share of combined TVL
Spark
45.4%WBTC
54.6%Volume Share
Share of combined 24h volume
Spark
1.0%WBTC
1.0%Fees Share
Share of combined 24h fees
Spark
100.0%WBTC
1.0%Revenue Share
Share of combined 24h revenue
Spark
100.0%WBTC
1.0%7d TVL Performance
TVL change over last 7 days
Spark
1.27%WBTC
-1.58%Dominance
Market dominance by TVL
Spark
2.8%WBTC
3.3%TVL Comparison
Spark
WBTC