Spark Total revenue in the second quarter was $40.6 million, with net income and surplus showing a month-on-month decline
2026-08-06 22:32:31
According to CoinMeta, as reported by A in early 2021, the DeFi protocol released its financial report for the second quarter of 2026. The total revenue of the protocol was 40.6 million US dollars, a year-on-year increase of 29%; however, the net protocol revenue decreased by 38% to 4.31 million US dollars, and the net protocol surplus also fell by 38% to 710,000 US dollars. The decline was mainly due to the narrowing of price spreads in the Spark liquidity layer and the rising financing costs in the USDT savings market. The total amount in the protocol's treasury was 48.5 million US dollars, and during the second quarter, 1.31 million US dollars were spent on token repurchases.
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Source:Internet
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