Binance TR Introduces Spark (SPK) Airdrop❗
Binance TR has unveiled Spark (SPK) as the third project featured in its HODLer Airdrop initiative. Users who staked eligible crypto assets between June 10–14, 2025, qualified to receive SPK tokens through the airdrop.
What Is Spark?
Spark is a cross-chain asset allocation platform that bridges decentralized finance (DeFi), centralized finance (CeFi), and real-world assets. Its primary mission is to deliver high-yield stablecoin savings vaults while optimizing liquidity distribution across networks.
Key Features of Spark
Spark Savings: Offers an annual yield of 8.75% to users.
SparkLend: Minimizes volatility with borrowing rates secured by Sky reserves.
Multi-Chain Support: Provides liquidity across Ethereum, Arbitrum, and Base.
Real-World Asset Integration: Incorporates BlackRock’s asset vault into its ecosystem.
SPK Listing and Airdrop Information
SPK was officially listed on Binance TR on June 17, 2025, paired with TRY. At launch, the token had an initial circulating supply of 1.7 billion SPK. Ahead of the listing, 200 million SPK tokens were distributed to BNB holders via airdrop.
Spark Ecosystem and Performance
The Spark ecosystem oversees assets valued at $7.9 billion, including $95 million in USDC held in Morpho Vaults on the Base network. This robust infrastructure highlights Spark’s foundation beyond mere speculation, with solid liquidity and asset management in place.
Final Thoughts
Spark is emerging as a forward-thinking DeFi platform focused on scalable yield solutions and effective liquidity management. Backed by Sky Protocol and substantial reserves, it presents promising long-term opportunities for investors.
