Binance TR Announces Spark (SPK) Airdrop❗
Binance TR has introduced Spark (SPK) as the third project featured in its HODLer Airdrop program. Users who staked select crypto assets between June 10–14, 2025, were eligible to receive SPK tokens through this exclusive airdrop.
What is Spark?
Spark is a cross-chain asset management platform bridging DeFi, CeFi, and real-world assets (RWAs). It aims to deliver high-yield savings vaults for stablecoins while optimizing liquidity deployment across networks.
Core Features of Spark:
Spark Savings: Offers a competitive 8.75% APY on stablecoin deposits.
SparkLend: Provides low-volatility borrowing supported by Sky Protocol reserves.
Operates across major blockchains including Ethereum, Arbitrum, and Base.
Integrated with BlackRock’s real-world asset vault, enhancing traditional finance exposure.
Binance TR Listing & Airdrop Highlights:
SPK was listed on June 17, 2025, with trading pairs available in TRY. The initial circulating supply was 1.7 billion SPK, and 200 million SPK were airdropped to BNB holders ahead of the listing.
Ecosystem and Growth Metrics:
Spark currently oversees $7.9 billion in total assets. Its Morpho Vaults on the Base network alone hold $95 million USDC, signaling robust infrastructure and real liquidity backing the protocol.
Backed by Sky Protocol and substantial reserves, Spark positions itself as a promising DeFi platform centered on scalable yield strategies and multi-chain liquidity. For long-term investors, it may present a compelling opportunity beyond short-term speculation.
