Sparking huge interest, supplying DeFi with $4B in liquidity and surging over 190% in the last month, @SparkdotFi has become one of the hottest protocols in Web3.
So, we think it’s only right to see what all the fuss is about! 🧵
@SparkdotFi was first founded and created in 2023 by the legendary DeFi protocol, Maker DAO, which is now known as @SkyEcosystem. The Spark protocol is a unique on-chain capital allocator that effectively distributes stablecoin liquidity across DeFi, CeFi and Real-World Assets (RWA).
Healthy liquidity and interoperability are the keys to a successful Web3 ecosystem, where real-world assets, decentralized and centralized finance can work harmoniously together.
For this to work, DeFi needs a protocol to fix the issues with fragmented liquidity across protocols and networks, unstable yields, and most importantly, the underutilizied stablecoin capital!
This is where Spark steps in. Spark isn’t just a protocol; it strives to become the foundational layer of liquidity across all protocols and chains across DeFi. The Spark Liquidity Layer is capable of automating cross-chain capital allocation across the largest EVM networks, including @Ethereum, @Arbitrum, @Base, @Optimism and @Unichain.
No matter the network or protocol, any protocol connected to the Spark Liquidity Layer can provide liquidity efficiently to any user, on any chain. It gets even better with Spark’s other native ecosystem of DeFi products:
- Savings (Yield Generation) - Earn up to 4.5% APY on Stablecoins!
- SparkLend (Borrowing) - $USDS-focused Borrowing
- Spark Token (Yield Generation & Governance) - Stake and/or Farm $SPK to earn yield, Spark Points and Symbiotic Points. Governance is coming soon.
In such a short time, @Sparkdotfi has surpassed $4.54B in TVL, $2.43B in its Savings TVL, and stores over $5.48B of liquidity within the Spark Liquidity Layer thanks to its superior ecosystem of integrated protocols such as @Aave, @Pendle_Fi, @Ethena_Labs and many others.
Not too long ago, on the 17th June 2025, @SparkdotFi conducted an $18M airdrop (est. 300M $SPK tokens) to its loyal ecosystem users. If you think you may’ve been eligible, you can check here, .
According to @CoinMarketCap, there are still 8.18B tokens (81.84% of the total supply) that are locked up, so future airdrops could still be on the cards for those who are earning Spark Points.
The $SPK token is the native token used for Staking, Farming, and most importantly, used to participate in the governance proposals when it goes live. Although it wasn’t the biggest airdrop in history, there were no VCs, making it a community-focused protocol and token.
At the time of writing, $SPK is trading at $0.11 with a market cap of $117M+. It recently created an ATH of $0.1865 on the 23rd of July 2025, and although it is currently down, there is potential for another spike up, depending on market conditions and the upcoming Altseason on the horizon…
Spark Links
Spark Website -
Spark X - @SparkdotFi
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That's it for now, thanks for reading!
I hope you guys enjoyed it and learned something!
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