LP},J1GO4>4RG,5{!>K6]+-PE3
SYSTEM PROCESSING...
LP},J1GO4>4RG,5{!>K6]+-PE3
SYSTEM PROCESSING...
Posted: 2025-06-23 17:39:27 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-23 17:39:45 UTC
Verified By
Rollup News
Spark is a serious DeFi protocol built by the original MakerDAO team, offering features like SparkLend for borrowing DAI and earning on USDC, supporting major assets, and solving DeFi problems. It operates on Ethereum and Base with cross-chain transfers, on-chain governance, and integrates AI for risk management. Security is ensured through audits and a bug bounty. The SPK token is live and rewarded via the SNAP campaign, with Binance listing it and including it in their HODLer airdrop. Full metrics are publicly available.
DeFi protocol with $2.6B in liquidity and $160M+ annual revenue
SparkLend offers borrowing DAI at just over 1% and earning around 6.5% on USDC
Supports major assets like ETH and rETH
Solves core DeFi problems like liquidity fragmentation and rate instability
Live on Ethereum and Base with seamless cross-chain transfers
On-chain governance through subDAOs
Integrating AI agents for risk management and automation
Well-audited with a $5M bug bounty
SPK token is live and rewarded via SNAP campaign
Listed on Binance and included in HODLer airdrop
Full metrics are publicly available
Liquidity fragmentation
Rate instability
Risk management
Security vulnerabilities