Spark (SPK) explodes 500% on Binance
Spark, the pioneering cryptocurrency project in on-chain asset allocation, launched on Binance at 4:00 PM on June 19. At the time of listing, the token recorded an initial price of 0.01 USD, currently trading at 0.06 USD, equivalent to a 500% increase.
SPK reached a high of 0.069 USD. Previously, users traded SPK on Binance Alpha around the 0.068 USD mark. According to Coinmarketcap data, Spark's market capitalization is currently 109.95 million USD, with a trading volume of 29.79 million USD.
The SPK token, with governance and staking roles within Spark, is also integrated into products like Binance Simple Earn, Buy Crypto, Convert, Margin, and Futures, promising to create new trends in the cryptocurrency market.
Binance Simple Earn: The SPK Flexible product launched at 4:00 PM on June 17 allows users to stake SPK to receive flexible yields., Binance Convert: Exchange SPK for BTC, USDT, and other tokens without fees, starting at the same time as the spot listing., Binance Margin: SPK added to the borrowing asset list on Cross and Isolated Margin, with SPK/USDT and SPK/USDC pairs, starting at 4:00 PM that day., Binance Futures: The USDⓈ-M SPK perpetual contract launched at the same time, supporting a maximum leverage of 75x, settled in USDT.,
Spark is a groundbreaking DeFi platform, intelligently allocating capital across DeFi, CeFi, and real-world assets (RWA) to generate stable and scalable yield.
With a TVL of 3.5 billion USD, including 2.36 billion USD in Spark Savings and 1.15 billion USD in the Liquidity Layer, Spark is leading in optimizing on-chain liquidity.
