DeFi protocol (you keep your wallet, funds sit in a smart contract)
SparkLendA5/5· Lower risk
Facts last reviewed 24 Sept 2026
A fork of Aave V3 with DAI/USDS liquidity from Sky, live since 5/2023. No incidents recorded; it removed rsETH before the Kelp incident.
Compare a move (switching cost) →History: published and paid rates, incidents, legal status →
Why this tier
- Meets: Operating since 2023-05 (3 years)
- Meets: Audited by 3 firms: ChainSecurity, Cantina, Các đơn vị audit Aave V3
- Meets: Bug bounty programme (Immunefi, up to $5M)
- Meets: Large TVL: $5.1B
- Meets: No recorded incident causing user losses in the core product
- Note: Risk of the asset itself: Pooled lending: bad-debt risk from collateral/oracles and delayed withdrawals at high utilisation.
Tier history
- 29 Sept 2026A· Lower riskLower risk
Products
| Coin | You earn | Highest rate | Tier | Product | Term | Conditions |
|---|---|---|---|---|---|---|
| DAI | 2.81% | Highest rate2.81% | B3/5· Medium risk | SparkLend · Ethereum | FlexibleWithdraw any time | |
| DAI | 2.66% | Highest rate2.66% | B3/5· Medium risk | SparkLend · Ethereum | FlexibleWithdraw any time | |
| BTC | 0.00% | Highest rate0.00% | A5/5· Lower risk | SparkLend · Ethereum | FlexibleWithdraw any time | |
| ETH | 1.45% | Highest rate1.45% | A5/5· Lower risk | SparkLend · Ethereum | FlexibleWithdraw any time |
DAI
BTC
ETHTier: A lowest risk, D active incident. The number after the letter is the criteria met.