Spark: Total Protocol Revenue Reached $31.5 Million in the First Quarter of 2026

Odaily Planet Daily News: Spark stated on the X platform that the financial report for the first quarter of 2026 has been released. The report shows that total protocol revenue was $31.5 million, net protocol revenue was $6.91 million, and net protocol surplus was $3.46 million. Currently, the Spark Protocol treasury holds $46.1 million, and SPK token buybacks worth $986,000 have been completed. Due to narrowing lending spreads and the expansion of savings demand, distribution has surpassed the Spark Liquidity Layer for the first time to become the primary revenue driver.