Binance TR Launches Spark (SPK) Airdrop❗

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

🔍 What is Spark?

Spark is a cross-chain asset allocation platform that bridges DeFi, CeFi, and real-world assets. Its core mission is to offer high-yield stablecoin savings vaults while streamlining liquidity across ecosystems.

✨ Key Features

• Spark Savings delivers an annual yield of 8.75% to users.

• SparkLend mitigates volatility with borrowing rates backed by Sky reserves.

• The platform operates across multiple blockchains, including Ethereum, Arbitrum, and Base.

• It integrates BlackRock’s real-world asset vault, linking traditional finance to DeFi.

📈 Listing and Airdrop Highlights

SPK was officially listed on Binance TR on June 17, 2025, with trading pairs against TRY. The initial circulating supply was 1.7 billion SPK. Prior to the listing, 200 million SPK tokens were distributed to BNB holders via the airdrop.

🌐 Ecosystem and Growth

Spark manages a total of $7.9 billion in assets, with Morpho Vaults holding $95 million USDC on the Base network. These numbers highlight Spark’s robust infrastructure and strong liquidity management capabilities.

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With the backing of Sky Protocol and substantial reserves, Spark positions itself as a forward-thinking DeFi solution aimed at delivering scalable yields and optimizing liquidity—offering long-term potential for investors.