Spark

SPK Price

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. 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 liquidity provider to the Coinbase app integration on Base. This vault plays a key role in mitigating rate volatility for borrowers and demonstrates how SLL enhances liquidity conditions across DeFi.

Existing Products: Spark's total TVL is currently $7.9B, split between SparkLend and the Spark Liquidity Layer (SLL). You can find real-time details and breakdowns here.

Spark in DeFiLlama

SparkLend is one of the largest lending protocols in DeFi. It offers deep liquidity and governance-defined rates, providing borrowers with transparent conditions.

Spark Savings is live on Ethereum mainnet, Base, Optimism, Arbitrum, Unichain, and Gnosis, offering vaults for both USDS and USDC.

The Spark Liquidity Layer actively deploys capital across protocols on multiple chains, including Ethereum mainnet, Base, and Arbitrum.

SLL allocations in real-time

Where can you buy Spark?

SPK tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Spark is Bitunix, where the most active trading pair SPK/USDT has a trading volume of $211,578.47 in the last 24 hours. Other popular options include Binance and OKX.

What is the daily trading volume of Spark (SPK)?

The trading volume of Spark (SPK) is $34,864,986.42 in the last 24 hours, representing a 304.60% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Spark (SPK)?

Spark (SPK) reached an all-time high of $0.1845 and an all-time low of $0.01301. It’s now trading -86.80% below that peak and 86.60% above its lowest price.

What is the market cap of Spark (SPK)?

Market capitalization of Spark (SPK) is $81,392,713 and is ranked #340 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SPK tokens (3.4 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Spark (SPK)?

The fully diluted valuation (FDV) of Spark (SPK) is $242,818,378. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion SPK tokens are in circulation today. Depending on how the emission schedule of SPK tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Spark compare against its peers?

With a price increase of 15.60% in the last 7 days, Spark (SPK) is outperforming the global cryptocurrency market which is up 4.00%, while outperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 4.50%.

How to add Spark (SPK) to MetaMask?

Adding Spark (SPK) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SPK as a token. You can copy SPK’s contract address (0xc20059e0317de91738d13af027dfc4a50781b066) and import it manually, or if you've installed MetaMask's chrome extension, add SPK to MetaMask with one click on CoinGecko.

Add SPK to MetaMask.