Spark

spkRank #389

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Market Data

Spark Price

$0.02

Spark 24h Change

-7.28%

Spark 7d Change

+5.76%

Spark Market Cap

$66.44M

Spark 24h Volume

$7.56M

Spark FDV

$199.70M

Spark Circulating Supply

3,327,009,310

Spark All-Time High

$0.18

About Spark

Spark (SPK) is the utility and governance token for Spark, an on-chain capital allocator and DeFi lending protocol within the Sky (formerly MakerDAO) ecosystem. Operating as a two-sided capital allocator, Spark borrows from Sky's stablecoin reserves to deploy liquidity across DeFi, CeFi, and Real-World Assets (RWAs). Its core products include SparkLend, a lending market with governance-defined rates, and the Spark Liquidity Layer (SLL), which routes capital to protocols like Aave and Morpho. The SPK token facilitates governance and supports the protocol's yield-bearing ecosystem, including products like sUSDS and sUSDC, which offer users programmable income while maintaining capital efficiency through Sky's stablecoin infrastructure.

Decentralized Finance (DeFi)Lending/Borrowing Protocols Ethereum Ecosystem Stablecoin Issuer Binance HODLer Airdrops Governance Lending RWA Yield Bearing

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