Spark

spkRank #368

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Market Data

Spark Price

$0.02

Spark 24h Change

-2.09%

Spark 7d Change

-8.15%

Spark Market Cap

$68.22M

Spark 24h Volume

$7.07M

Spark FDV

$203.52M

Spark Circulating Supply

3,351,958,432

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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