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Market cap: $2.65T ↑0.6% 24h volume: $76.2B BTC dominance: 59.4% BTC: $78,376 ↑2.1% ETH: $2,319 ↑2.5% Fear & Greed: 34 Fear Updated

Coins

Spark SPK

#410

$0.0167+1.2% 24hMarket cap $56.6M24h volume $4.54M

Overview

About Spark

Market cap
$56.6M
#410 on the market
Volume 24h
$4.54M
8.0% of market cap
Circulating
3.42B SPK
34.2% of max
All-time high
$0.184
23 Jul 2025 · −91.0% from ATH
All-time low
$0.0130
19 Aug 2026
Type
Lending
DeFi
  • Decentralized Finance (DeFi)
  • Lending/Borrowing Protocols
  • Ethereum Ecosystem
  • Stablecoin Issuer
  • +2

On Polarly: flexible rates up to 3.6% on 5 exchanges; 1 launchpool in 12 months; next unlock 5 Nov

Project description

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.

Read more

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…

Source: CoinGecko

Earn on SPK (5)

Flexible rates · 5

Exchange APY Link to the exchange
OKX 3.6%
Gate 1.4%
Binance 1.1%
Bitget 1.0%
Bybit 0.8%

The effective rate for your amount is in the Polarly app's calculator. Partner link.

Open in the app

Questions and answers

What is the best Earn rate for SPK?
The best flexible rate is 3.6% on OKX: you can withdraw at any time.
What is the fixed-term Earn rate for SPK?
There are no fixed-term products for SPK available right now.
Which exchanges let you stake SPK?
5 products on 5 exchanges: OKX, Gate, Binance, Bitget, Bybit.
What is Spark (SPK)?
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. Categories: Decentralized Finance (DeFi), Lending/Borrowing Protocols, Ethereum Ecosystem, Stablecoin Issuer, Binance HODLer Airdrops, Governance.
How many SPK are there and what is the maximum supply?
3.42B SPK are in circulation out of a maximum of 10B (34.2%).
What is the all-time high price of SPK?
$0.184 (23 Jul 2025). This is a historical value, not the current price. The price is now $0.0167, 91.0% below the high.

Launchpools with SPK

Ended (2)

Coin Exchange Stake Period Status APR
SPK Bitget SPK 26 Aug – 1 Sep 2026 Ended 79.3%
SPK Gate SPK 18 Jun – 25 Jun 2025 Ended >1000%

Up to the 20 latest. The full archive by exchange: Bitget, Gate.

Pools where SPK is the reward or a stake coin.