SPK

Spark

EthereumStablecoinsDeFiGovernance

Price
$0.0169
24h
+4.2%
7d
−8.5%
Market cap
$57.9M
24h volume
$4.7M

ethereum 0xc20059e0317de91738d13af027dfc4a50781b066

Report

Spark (SPK) is a DeFi token on Ethereum. 3.4B of a maximum 10B are in circulation, or 34%. It ranks 408th by market capitalisation among the coins tracked here. The project publishes its website, explorer, X and discord.

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.

Spark's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
3.4B
Total supply
10.0B
Max supply
10.0B

Supply as of 2h ago