Updated 01:07 AM UTC
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SPK Spark

$0.0215
$0.0012
(5.94%)
Today
Mkt Cap$68.79M
Vol24.27M

About Spark

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: https://defillama.com/protocol/spark#information Spark in DeFiLlama, https://defillama.com/protocol/spark#information 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, https://data.spark.fi/spark-liquidity-layer
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press releases
Nvidia (NVDA) Stock Surges Toward Record High Following Massive Hugging Face Acquisition
Nvidia (NVDA) stock rose to $230.36, nearing all-time highs after acquiring Hugging Face for $13B and investing $3.5B in MediaTek amid strong AI demand. The post Nvidia (NVDA) Stock Surges Toward Record High Following Massive Hugging Face Acquisition appeared first on Blockonomi.
Blockonomi
More News
Firo Issues Mandatory Fix for Spark Flaw That Could Allow Forged Coins
Firo, a privacy-focused cryptocurrency, has issued a mandatory software update to fix a flaw in Spark, its privacy system, that could have let attackers create forged coins. Every node operator must upgrade, because the bug threatened the integrity of Firo's coin supply. Read ori...
CoinLineup
Firo Users and Node Operators Have Hours to Install Mandatory Spark Fix
The vulnerability sits in Spark, the privacy component underpinning Firo transactions. According to Firo's disclosure, the bug was serious enough to warrant an immediate coordinated response across the network, Firo said in its security notice . Read original article on coinlive....
CoinLive.me
Crypto Token Buybacks Surge—Assessing the Impact on Projects
In 2026, token buybacks have become one of crypto’s most visible tokenomics moves, as more projects use protocol-generated revenue to repurchase their own tokens—often followed by holding or burning. Early-year data points to a rapid shift in how teams try to connect token value ...
CryptoBreaking
Token buybacks are booming. But are they good for crypto projects?
Crypto projects are spending hundreds of millions on token buybacks. But do these schemes create lasting value for token holders or just divert revenue from growth?
Cointelegraph.com News
Meta (META) Stock: Bernstein Holds $800 Target as Platform Nears Google in Ad Market Share
Bernstein keeps $800 Outperform rating on Meta (META) stock as AI-driven ad revenue approaches Google Search levels. Teen safety settlement and new AI model. The post Meta (META) Stock: Bernstein Holds $800 Target as Platform Nears Google in Ad Market Share appeared first on Bloc...
Blockonomi
Nvidia (NVIDIA) stock: Expands AI Strategy With $3.5 Billion MediaTek Investment
TLDR Nvidia invests $3.5B in MediaTek to expand custom AI chips and data centers Nvidia strengthens its AI strategy by backing MediaTek’s custom chip business NVIDIA stock trades near $220 as Nvidia expands its AI infrastructure strategy MediaTek gains Nvidia technology to build ...
Blockonomi
IBM (IBM) Stock Falls 19%: Will Quantum Computing Spark a Recovery?
IBM stock plunged 19% after missing Q2 revenue targets. Susquehanna raised its price target to $235 as quantum computing efforts gain momentum. The post IBM (IBM) Stock Falls 19%: Will Quantum Computing Spark a Recovery? appeared first on Blockonomi.
Blockonomi
Nvidia (NVDA) Stock Drops 5% Following $3.5B MediaTek Investment Deal
Nvidia (NVDA) shares dropped 5% following a $3.5B MediaTek investment announcement, raising red flags about circular financing in the AI chip sector. The post Nvidia (NVDA) Stock Drops 5% Following $3.5B MediaTek Investment Deal appeared first on Blockonomi.
Blockonomi
Nvidia (NVDA) Earnings Spark Tech Rally Before Fed Chair Warsh Takes Jackson Hole Stage
Nvidia's strong earnings lifted tech stocks Thursday, but markets paused Friday ahead of Fed Chair Kevin Warsh's Jackson Hole speech on rates and inflation. The post Nvidia (NVDA) Earnings Spark Tech Rally Before Fed Chair Warsh Takes Jackson Hole Stage appeared first on Blockono...
Blockonomi

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Binance HODLer AirdropsDecentralized Finance (DeFi)Ethereum EcosystemGovernanceLending/Borrowing ProtocolsStablecoin Issuer
Date
Market Cap
Volume
Close
September 06, 2026
$68.79M
$24.23M
---
September 06, 2026
$67.91M
$23.79M
---
September 05, 2026
$64.08M
$23.05M
$0.0202
September 04, 2026
$64.83M
$31.56M
$0.0204
September 03, 2026
$63.61M
$21.42M
$0.02
September 02, 2026
$65.23M
$22.38M
$0.0205
September 01, 2026
$61.5M
$18.84M
$0.0194
August 31, 2026
$59.09M
$16.89M
$0.0186
August 30, 2026
$59.77M
$17.21M
$0.0188
August 29, 2026
$57.31M
$19.12M
$0.0182
40

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