X @Wu Blockchain

Spark Reports $31.5M Q1 Returns, Distribution Becomes Top Revenue DriverSpark released its Q1 2026 financial report, reporting $31.5 million in gross protocol returns, $6.91 million in net returns, and $3.46 million in net surplus, with treasury assets reaching $46.1 million and $986,000 in SPK buybacks. During the quarter, distribution rewards surpassed the Spark Liquidity Layer (SLL) for the first time as the primary driver of net returns, reflecting compressed lending spreads and growing demand for savin ...