Sky Lending vs SparkLend: USDS yields compared
Sky Lending has 3 qualifying USDS pools ($5.10B) and SparkLend has 2 ($890.3M). The best 30-day average is 5.72% on Sky Lending (Ethereum) versus 4.14% on SparkLend (Ethereum).
Typical pools pay about 3.77% on Sky Lending and 4.14% on SparkLend; Sky Lending holds more USDS in pools that pass our filters.
Last updated · refreshes hourly · Data: DefiLlama ↗
Sky Lending best
5.72%
USDS · Ethereum
SparkLend best
4.14%
USDS · Ethereum
Sky Lending TVL
$5.10B
3 pools · median 3.77%
SparkLend TVL
$890.3M
2 pools · median 4.14%
Every qualifying pool, ranked
5 options match
- 1
Sky Lending
USDS · Ethereum
5.72%30d avg
Now 6.03%TVL $145.8MSteadyDetails
- Note
- GROVE Farming Pool
- Reward tokens
- 6.03% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Sky Lending website ↗
- 2
SparkLend
USDS · Ethereum
4.14%30d avg
Now 3.49%TVL $552.4MFallingDetails
- Note
- SPK Farming Pool
- Reward tokens
- 3.49% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗SparkLend website ↗
- 3
Sky Lending
SUSDS · Ethereum
3.77%30d avg
Now 3.80%TVL $4.48BSteadyDetails
- 4
Sky Lending
SUSDS · Arbitrum
3.77%30d avg
Now 3.80%TVL $476.0MSteadyDetails
- 5
SparkLend
USDS · Ethereum
2.70%30d avg
Now 2.94%TVL $337.9MSteadyDetails
Education, not financial advice. Rates change; DeFi carries smart-contract and depeg risk. Do your own research.
Questions
Which pays more on USDS, Sky Lending or SparkLend?
Right now Sky Lending's best USDS pool has the higher 30-day average (5.72%, USDS on Ethereum) against 4.14% for SparkLend. Comparing typical pools instead of the best one: Sky Lending 3.77%, SparkLend 4.14%.
Which has more USDS deposited?
Across pools that pass our filters, Sky Lending holds $5.10B and SparkLend holds $890.3M. More deposits mean more people trust the pool, but not that it is safe.
How are the pools chosen?
We include every USDS pool from either protocol that passes our standard filters: single-asset stablecoin pools with no impermanent loss, at least $10.0M deposited, 30+ days of history and a rate no higher than 25%. Both protocols' versions are grouped together.
How often is this comparison updated?
Hourly, from DefiLlama. Last updated Nov 2, 2026, 03:27 UTC. If the two protocols stop having 3+ qualifying pools between them, this page is removed.
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