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CryptoWorld News reports that Wu said that Spark has released its Q1 2026 financial report.
The data shows the protocol's total revenue is approximately $31.5 million, net income is about $6.91 million, net profit is around $3.46 million, the protocol treasury size is approximately $46.1 million, and about $986k worth of SPK has been repurchased.
The report indicates that as lending interest rate spreads narrow and savings demand increases, distribution has first surpassed Spark Liquidity Layer (SLL) to become the main source of revenue.