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Le reporting trimestriel standardisé des finances d'un protocole est le strict minimum qu'un acteur doit recevoir.
Nous faisons notre part.
27 janv. 2026
Spark’s Q4 2025 financial report is out!
Below please find the full breakdown of the protocol’s performance, with detailed analysis of revenues, costs, and treasury growth.
Key highlights:
- Gross protocol returns: $45.4M (aggregate returns across all protocol components)
- Net protocol returns: $9.87M (gross returns less cost of capital)
- Net protocol surplus: $6.57M (gross returns less operating expenses)
- Spark Protocol treasury (end of quarter): $43.22M
- $4M strategic investment in Arkis
Let’s dive in 🧵
Pas de reporting financier ?
Je viens de Buenos Aires, et je dis "tuez-les tous !"
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