**Spark DeFi** is a next-generation DeFi super app built on the **Fuel network**, developed by the **Sky team** (formerly MakerDAO) and backed by prominent investors including **a16z** and **Paradigm**. 🔵
In **May 2024**, the project raised **\$11.5 million** in seed funding, with participation from **Polygon** and other key investors ([link](https://t.co/Kv6lZ9XHB0)). Spark aims to offer integrated services such as **order books, perpetuals, and lending**, managing over **\$88 billion** in assets.
### 🔍 Core Highlights
**Functionality:**
Spark provides decentralized order book trading, **USDS/USDC lending** and yield opportunities, operating across both **Optimism** and **Unichain** networks.
**🔹 TVL & Liquidity:**
Currently, **Pendle Finance** has a **TVL exceeding \$2.2 billion**, with **USDS liquidity over \$100 million**.
**🔹 Community Incentives (XCommunity):**
Through **Spark Snapshots**, users can earn points via X (Twitter) engagement and participate in potential airdrops.
**🔹 Market Position:**
As a rising DeFi super app, Spark showcases strong potential in a competitive landscape, supported by Sky’s technological ecosystem, cross-chain expansion, and a robust incentive model.
**🔹 Investment Outlook:**
The project’s rapid **TVL growth** and vibrant **community engagement** suggest near-term investment appeal. However, long-term success will depend on ecosystem development and market dynamics.
> A lot of people have already jumped in — and it seems **Master Zhao** is just getting started now. Not sure if it’s too late... 😂
