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Market Data
Spark Price
$0.02
Spark 24h Change
-0.74%
Spark 7d Change
-17.04%
Spark Market Cap
$59.28M
Spark 24h Volume
$15.40M
Spark FDV
$215.13M
Spark Circulating Supply
2,755,714,638
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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