Spark is an onchain capital allocator, with $3.86B deployed across DeFi, CeFi, and RWA. It unlocks capital efficiency at scale, auto-balancing allocations based on market conditions while maintaining a conservative risk profile. Spark was created to solve DeFi’s core inefficiencies: fragmented liquidity, unstable yields, and idle stablecoin capital. It acts as a two-sided capital allocator—borrowing from Sky’s $6.5B+ reserves and deploying across DeFi, CeFi, and RWAs to provide deep, consistent liquidity. This yield is packaged into products like sUSDS and sUSDC, offering users programmable, fee-free income. Rather than competing with protocols, Spark powers them as the liquidity and yield infrastructure for onchain finance.
Access to Deep, Scalable Liquidity: Spark taps into Sky’s $6.5B+ stablecoin reserves, enabling large-scale capital deployment across DeFi, CeFi, and RWAs. User-Friendly Yield Products: Yield is delivered through stablecoins like sUSDS and sUSDC—fully composable, fee-free, and available across chains.
SparkLend: A stablecoin lending market. Unlike other lending protocols where rates fluctuate based on utilization or loan size, SparkLend offers governance-defined rates that do not vary based on those factors. This is made possible by Spark’s Liquidity Layer (SLL), which supplies consistent stablecoin liquidity to the protocol.
Spark Savings: A product for earning yield on stablecoins like USDC, and USDS (and soon, USDT) by converting them into yield-bearing sUSDS or sUSDC. These yield tokens are composable with other DeFi protocols, making it easy to put capital to work while maintaining exposure to onchain yield at a competitive risk-adjusted rate.
Spark Liquidity Layer (SLL): A backend capital allocator that routes liquidity to other protocols like Aave, Morpho, and even RWAs (e.g., BlackRock’s BUIDL). One of the most important SLL deployments on Base is the Spark USDC Morpho Vault, which currently supplies $95M USDC, making it the largest liquidity provider to the Coinbase app integration on Base. This vault plays a key role in mitigating rate volatility for borrowers and demonstrates how SLL enhances liquidity conditions across DeFi.
Existing Products: Spark's total TVL is currently $7.9B, split between SparkLend and the Spark Liquidity Layer (SLL). You can find real-time details and breakdowns here: https://defillama.com/protocol/spark#information
Spark in DeFiLlama, https://defillama.com/protocol/spark#information
SparkLend is one of the largest lending protocols in DeFi. It offers deep liquidity and governance-defined rates, providing borrowers with transparent conditions.
Spark Savings is live on Ethereum mainnet, Base, Optimism, Arbitrum, Unichain, and Gnosis, offering vaults for both USDS and USDC.
The Spark Liquidity Layer actively deploys capital across protocols on multiple chains, including Ethereum mainnet, Base, and Arbitrum.
SLL allocations in real-time, https://data.spark.fi/spark-liquidity-layer
Where is Spark available for purchase?
You can exchange SPK tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Spark is KCEX, notably the SPK/USDT pair, which saw a trading volume of $ 14,42 MLN. in the past day. Additionally, Binance and MEXC are popular alternatives for trading tokens.
What is the highest value Spark (SPK) has ever reached?
Spark (SPK) reached its peak price at 0.1844 $ on 23 July 2025, approximately a month ago ago. Presently, the current price is -58.39% lower than this all-time high.
What is the historical minimum price for Spark (SPK)?
The minimum price reached for Spark (SPK) was 0.02925 $, documented on 09 July 2025, more than a month ago. In comparison, the current price is 162.3%, it above this historical low.
What is the fully diluted valuation of Spark (SPK)?
The fully diluted valuation (FDV) of Spark (SPK) stands at $ 835,58 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000,000 SPK tokens. The realization of this FDV might take several years depending on the emission schedule of SPK tokens.
How to add Spark (SPK) to MetaMask?
By integrating Spark (SPK) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import SPK as a token. You can either manually import SPK by copying its contract address (0xc20059e0317de91738d13af027dfc4a50781b066) or use MetaMask's Chrome extension to add SPK with a single click through P.CASH.
How to add Spark (SPK) to TrustWallet?
Incorporating Spark (SPK) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include SPK, you can either manually import it using the contract address (0xc20059e0317de91738d13af027dfc4a50781b066) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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