Binance TR Announces Spark (SPK) Airdrop❗

Binance TR has introduced $SPK (SPK) as the third project featured in its HODLer Airdrop program. Users who staked eligible cryptocurrencies between June 10–14, 2025, qualified to receive SPK tokens through this airdrop.

What is Spark?

Spark is a cross-chain asset allocation platform bridging DeFi, CeFi, and real-world assets. Its core mission is to build high-yield savings vaults for stablecoins while optimizing liquidity across various ecosystems.

Key Features of Spark

Spark Savings: Offers users a competitive annual yield of 8.75% on stablecoin deposits.

SparkLend: Mitigates volatility with borrowing rates supported by Sky reserves.

Multi-Chain Liquidity: Operates across major blockchains including Ethereum, Arbitrum, and Base.

Real-World Integration: Incorporates BlackRock’s RWA vault, linking traditional finance with DeFi infrastructure.

Binance TR Listing & Airdrop Summary

SPK was officially listed on Binance TR on June 17, 2025, with trading available against TRY. At launch, the circulating supply stood at 1.7 billion SPK. Prior to listing, 200 million SPK tokens were distributed to$BNB holders via the airdrop.

Spark Ecosystem & Performance

Spark’s ecosystem currently manages a total of $7.9 billion in assets. Notably, Morpho Vaults on the Base network hold $95 million in $USDC , showcasing Spark’s robust infrastructure and real utility beyond speculation.

Conclusion

With strong liquidity management, strategic integration of real-world assets, and backing from Sky Protocol, Spark presents itself as a promising DeFi platform. Its focus on sustainable yields and cross-chain efficiency positions it as a noteworthy opportunity for long-term investors.