Spark
Spark, Uniswap, and Sky Launch $150M Liquidity Migration to Build Shared Stablecoin FX Layer
Spark, Uniswap, and Sky are launching shared stablecoin liquidity infrastructure, beginning with a $150 million USDS migration to Uniswap v4 pools designed to serve a multi-issuer stablecoin economy.
Spark Publishes Risk Framework for Sky Agent Network Built on Sky Protocol Security Principles
Spark has released a comprehensive risk framework for the Sky Agent Network, detailing how losses are absorbed and risk is bounded across Spark Savings, SparkLend, and the Spark Liquidity Layer.
SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges
Aave TVL has dropped by $10B since the Kelp attackers used the protocol to borrow $190 million in WETH, depositing unbacked rsETH.
Spark Launches Institutional Lending Products in Off-Chain Expansion
The new offerings are Spark Prime and Spark Institutional Lending.
PayPal’s PYUSD Surges to New All-Time High After Spark Partnership
The stablecoin’s market capitalization has increased by 42% this week.
Spark (SPK): The DeFi Protocol Redefining Finance with Explosive Growth and Innovation
In this episode of The Defiant Podcast, we sit down with Sam MacPherson, CEO and co-founder of Phoenix Labs, to discuss Spark (SPK)—the DeFi protocol making waves in the cryptocurrency world. From its groundbreaking subDAO model to its recent $10 billion TVL milestone, Spark is reshaping decentralized finance. We dive into the latest developments, including the Ignition Airdrop and institutional adoption. Tune in to explore how Spark is bridging the gap between traditional finance and DeFi, and what the future holds for this rapidly evolving ecosystem.
Spark Rallies More than 400% as TVL Explodes to $8 Billion
The DeFi capital allocator’s TVL is up 250% since April, and the protocol’s SPK token is now following suit.
Spark Protocol TVL Surges Past $8.5 Billion Fueled by Airdrop Frenzy
Spark’s TVL has more than doubled since April ahead of its upcoming SPK token airdrop.
Spark to Deploy as Much as $3.6 Billion Into Tokenized Treasuries
Although an initial $1 billion was budgeted for the Tokenization Grand Prix winners, Phoenix Labs’s Sam MacPherson says the allocation could rise to $3.6 billion.
Spark Liquidity Layer To Unlock Multi-Chain Functionality For Sky’s USDS Stablecoin
The liquidity layer will allow users to deposit or withdraw USDS via multiple networks.
