Gate News Bot report, on July 23, according to CoinMarketCap data, as of the time of publication, SPK (Spark) is currently priced at $0.09541, having risen by 44.85% in the last 24 hours, with a peak of $0.10 and a low of $0.03. The current market capitalization is approximately $101 million, an increase of $31.3 million compared to yesterday. Spark is an on-chain asset allocator that builds the most advanced and scalable yield engine in DeFi by intelligently deploying capital across DeFi, CeFi, and physical assets. Spark is built on two core pillars: liquidity deployment and on-chain solutions. With a large reserve of stablecoins, Spark can guide products from zero to one without relying on third-party capital. Everything built by Spark operates on-chain, ensuring transparency, decentralization, and community consistency.

Gate News Bot news, on July 22, according to CoinMarketCap, as of the time of writing, SPK (Spark) is currently priced at $0.07, with a pump of 50.02% in the last 24 hours, reaching a high of $0.07 and a low of $0.03. The current market capitalization is approximately $70 million, with a rise of $2.33 million compared to yesterday. Spark is a decentralized financial platform aimed at maximizing stablecoin yields for users. Users can earn stablecoin returns through the Spark Savings feature, with the returns sourced from Spark's capital allocation in DeFi, CeFi, and physical assets. Spark also offers lending services through SparkLend, where users can borrow stablecoins such as USDC and USDS. SPK is the native token of the Spark ecosystem and can be used for staking.

Gate News bot message, Spark announced the launch of the first phase of the Ignition Airdrop on Tuesday. Users who lend or borrow tokens on Spark, or deposit tokens issued by its parent protocol Sky on other DeFi protocols, are eligible to share a token pool containing 300 million SPK, which was valued at approximately 18 million dollars at the time of publication (calculated at current prices). SPK holders will be able to participate in future Spark governance and stake to earn more rewards in future airdrops. Spark stated in an X post that staked SPK may also be used to secure the protocol in the future. Based on deposit amounts, Spark is currently the fourth largest DeFi protocol. The total supply of SPK is 10 billion, which will be distributed over the next 10 years.

According to the Gate News bot announcement on June 17, 2025, Gate Simple Earn has launched a new round of rewards for the USDT 7-day fixed-term financial product. This product adds a 10% annual yield bonus on top of the original earnings, allowing the total annual yield rate to reach a maximum of 12%. During the event, a total of 180,000 SPK tokens will be provided as additional rewards, distributed on a first-come, first-served basis. Spark(SPK) is an on-chain capital allocation platform managing a fund size of $3.95 billion, covering the fields of DeFi, CeFi, and real assets(RWA), optimizing capital efficiency through automated portfolio management.

According to Gate News bot, as monitored by Lookonchain, after receiving a large amount of SPK Airdrop, two whales deposited it into CEX, totaling 39 million SPK ($2.7 million).

According to Gate News bot, monitored by Lookonchain, trader 0x7ef29 sold 1 SPK at a high price of 19,687 USDT. Before the SPK trading went live, teochew.eth created a SPK/USDT liquidity pool and added 19,998 USDT as unilateral liquidity. He intended to set the exchange rate to 1 USDT = 19.931<>996210 SPK, but mistakenly set it to 1 SPK = 19.931<>996210 USDT. As a result, trader 0x7ef29 exchanged almost all the USDT in the mining pool with just 1 SPK, cashing out 19,687 USDT.

PANews June 17, news reported that on-chain data shows a user sold 1 SPK Token through the Uniswap V3 pool, receiving $19,686.87.

Gate News bot news, according to the on-chain analyst Aunt Ai, the SPK on-chain airdrop TOP1 address is 0xAaf... 8a45B, a total of 20.45 million SPKs were claimed, about $1.485 million. This address once opened a position of 19,992 ETH at an average price of $2,550 on 2024.01.

According to Gate News bot, on-chain analyst Ai Yi monitored that "a whale who previously profited over 32 million USD by buying low and selling high in ETH" 0xAA1...3eE57 claimed 17.58 million SPK airdrop 5 minutes ago, worth 1.222 million USD, which has now been fully deposited into the CEX.

Gate News bot message, according to the official announcement from Gate on June 17, 2025: Gate will launch the Spark staking mining event on the Launchpool platform from June 18, 2025, 20:00 to June 25, 2025, 20:00 ( UTC+8 019283746656574839201. Users can participate by staking SPK tokens, and a total of 720,000 SPK tokens will be released as mining rewards during the event. The system will distribute corresponding rewards to users' spot accounts every hour based on the proportion of users' staked assets. Spark is an on-chain capital allocator managing assets totaling $3.95 billion, covering the fields of DeFi, CeFi, and real assets ) RWA (. The project aims to achieve large-scale capital efficiency release, automatically adjusting portfolios based on market conditions while maintaining robust risk control. The announcement also disclosed that Gate Labs did not participate in the investment of Spark)SPK(.

Gate News bot message, Spark posted on X sharing project data: $3.5 billion TVL, $3.3 billion deposits, over $4 billion allocated assets. In addition, SPK will be launched within an hour. Ignition Airdrop is officially live.

BlockBeats news, on June 17, according to official news, Spark announced that the SPK Token will be issued in 4 hours and the Ignition Airdrop claim will be opened.

Gate News Bot message, July 17, according to CoinMarketCap data, as of the time of writing, SPK (Spark) is currently priced at 0.03 USD, with a 24-hour pump of 13.56%, reaching a high of 0.04 USD and a low of 0.03 USD. The current market capitalization is approximately 35.3 million USD, an increase of 4.22 million USD compared to yesterday. Spark is a decentralized finance platform designed to provide users with stablecoin yield opportunities. Its core products include Spark Savings and SparkLend, where users can earn stablecoin yields or borrow assets through these services. SPK is the native token of the Spark ecosystem, used for staking, governance, and long-term incentives. Spark has built an advanced yield engine by deploying funds into DeFi, CeFi, and physical assets. The platform emphasizes transparency.

PANews, June 26 - Spark announces that the SNAPS Airdrop is now live, with approximately 5 million SPK Tokens to be distributed to the top 500 participants in the Spark SNAPS event. Users can check their eligibility and claim rewards through the specified link.

Odaily News Spark announced on X that it will distribute 5 million SPK Airdrop to the top 500 users in the Cookie Snaps event, and the Airdrop inquiry is now open. According to previous news, Spark is the first collaborative project after launching the Snaps event for Cookie DAO, where users can earn Spark Snaps points as rewards.

Gate News bot message, Sky official recently announced that a new round of execution voting has been approved. According to the announcement, the relevant changes will begin deployment on June 30, 2025, at 22:00. This change involves multiple functionality updates: SKY stakers will receive SPK Mining privileges, USDS providers will enable SPK Mining functionality, and MKR to SKY upgrades will be executed.

According to BlockBeats news, on June 30, Sky officially announced that the new execution vote has been approved, and the changes will be available for deployment starting at 22:00 on June 30, 2025. A formal announcement will be released after the execution is completed. It will allow SKY stakers to enable SPK Mining, enable SPK Mining for USDS providers, and carry out the third phase of the MKR to SKY upgrade, among other operations.

Gate News bot message, Sky (formerly MakerDAO) announced through a new round of execution voting, determining several important feature updates. According to the announcement, this voting approved the SPK mining function for SKY stakers, the SPK mining function for USDS providers, and also approved the third phase implementation plan for upgrading MKR to SKY. These system updates are confirmed.

Odaily News According to the official announcement, Gate.io is about to launch SPK (Spark), the specific schedule is as follows: SPK deposit opening time: June 16, 2025, 11:00 PM (UTC+8) SPK auction period: June 17, 2025, from 5:00 PM to 6:00 PM (UTC+8) SPK/USDT spot trading opening time: June 17, 2025, at 6:00 PM (UTC+8) SPK withdrawal opening time: June 17, 2025, 8:00 PM (UTC+8)

PANews June 16 news, according to the official announcement, Gate will launch Spark (SPK) spot trading on June 17, 2025, at 17:00 (UTC+8). Spark is an on-chain capital allocation platform that has deployed $3.86 billion in the DeFi, CeFi, and RWA sectors, achieving significant capital efficiency improvements through automatic asset allocation balancing based on market conditions while maintaining a conservative risk strategy.