Cookie's first project @sparkdotfi $SPK is supposed to be snapshot soon, and it is said that the off-market points have already surged to 300U.

As the 23rd airdrop project for Binance HODLers, $SPK has high popularity, but the price after TGE is not very appealing. According to Defillama data, the valuation is relatively low among similar protocols.

- Current TVL exceeds 6 billion USD, ranking within the top ten of all DeFi projects

- Market cap is only 67 million, FDV 395 million, circulation rate is about 17%, and release is slow

- Market cap / TVL ≈ 1.1%, which is at a very low level among similar protocols

- The token is the core of the Spark lending protocol under the Maker ecosystem, responsible for the distribution of stablecoin derivatives (sUSDS/sUSDC)

This time, #Binance airdropped about 2% of the chips, and the short-term market is still digesting the selling pressure, but as the first Cookie project about to be airdropped, there is a significant possibility of a rebound later.