Question 1

What is Sphere?

Accepted Answer

Sphere is a free DeFi analytics platform built by Block Analitica. It aggregates lending data from major protocols (Aave, Compound, Morpho, SparkLend, Liquity V2, Fluid, and Euler) into a single dashboard. Compare rates, track liquidations, and analyze risk across the entire DeFi lending ecosystem.

Question 2

Which protocols and networks does Sphere cover?

Accepted Answer

Sphere covers seven lending protocols (Aave, Compound, Morpho, SparkLend, Liquity V2, Fluid, and Euler) across five networks (Ethereum, Base, Arbitrum, Optimism, and Gnosis). We continuously add new protocols and chains as the DeFi landscape evolves.

Question 3

Is Sphere free to use?

Accepted Answer

Yes. Sphere is completely free with no account required. All dashboards, charts, rate comparisons, and liquidation data are accessible without sign-up. The Sandbox feature for building custom charts is also free.

Question 4

How does the DeFi vs TradFi benchmark work?

Accepted Answer

Sphere plots on-chain DeFi lending rates alongside traditional finance benchmarks like SOFR (Secured Overnight Financing Rate) and U.S. Treasury bill yields. This lets you see the real-time spread between DeFi yields and risk-free TradFi rates, useful for evaluating whether DeFi premiums justify the additional smart contract risk.

Question 5

What is the Sandbox?

Accepted Answer

The Sandbox is a custom chart builder that lets you combine any DeFi metrics into a single visualization. Plot supply rates against borrow rates, overlay liquidation volumes with price data, or build entirely custom dashboards. You can save your creations.

Question 6

How often is data updated?

Accepted Answer

Market data, rates, and liquidation events are updated continuously throughout the day. Historical data is available for trend analysis going back to each protocol's launch on supported networks.

Question 7

Who builds Sphere?

Accepted Answer

Sphere is built by Block Analitica, a DeFi analytics company. Block Analitica has been providing risk analytics and data infrastructure for major DeFi protocols since 2020.

DeFi DataDeciphered

Macro Overview

Custom Sandbox

Market Explorer

DeFi DataDeciphered

Supported DeFi Protocols

Platform Statistics

Macro Overview

Custom Sandbox

Market Explorer