Deposit USDG and earn interest; your savings token grows in value, with no lockup.

Official links: Website (spark.finance) · App (app.spark.finance) · @sparkfinance (x.com) · Docs (docs.spark.finance) · Discord (discord.gg) · GitHub (github.com) · DefiLlama (defillama.com)

What Spark Savings does

• Deposit USDG and get spUSDG, a yield-bearing token
• Withdraw any time; there is nothing to claim
• spUSDG is also the yield engine behind Robinhood Earn's USDG product
• Rated 'A' by Credora (low probability of significant loss)

Deposits are deployed through the Spark Liquidity Layer across lending protocols and other strategies; yield accrues to the spUSDG exchange rate.

Spark Savings issues spUSDG, an ERC-4626 savings token that accrues yield from Spark's underlying allocations while staying a plain transferable ERC-20. You deposit USDG and receive shares whose exchange rate rises over time — there is nothing to claim and no reward token to sell. It is one of the largest yield venues on the chain by deposits.

• On Robinhood Chain since: 2026-07-01
• Founded: 2023-05
• Team: Spark is part of the Sky (formerly MakerDAO) ecosystem, built by Phoenix Labs; Sam MacPherson is CEO and co-founder of Phoenix Labs.
• Token: $SPK
• Audits: ChainSecurity (Spark Vaults V2)

Spark Savings news

• 2026-07-01 — Spark powers Robinhood's USDG stablecoin savings product launch
• 2026-06-29 — Spark Savings USDG earns an A risk rating from Credora

Spark Savings contracts on Robinhood Chain

• Spark Savings USDG 0xde770c84fe66e063336b31737cfe9790f18c4087

Similar projects

• Morpho Blue — Lend USDG to earn interest through curated vaults, or borrow against collateral in isolated markets.
• Steakhouse Financial — Deposit USDG into a managed vault that lends it out on Morpho and earns you interest.
• EARN — Deposit tokenized stocks and USDG into automated liquidity vaults that earn trading fees.
• Snuggle — Deposit crypto into a managed liquidity position that automatically re-centres itself to keep earning trading fees.

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