How Will the Airdrop Be Distributed?

As of June 19, 2025, the SPK airdrop will take place in two phases:

• Phase 1: Users who meet the initially determined point threshold (X) will be able to claim the airdrop within a certain time window.

• Phase 2: The threshold will be lowered to a value of Y (Y < X), and claims will be processed on a first-come, first-served basis until the airdrop pool is depleted.

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When Will Spark (SPK) Trading Begin?

The SPK token will begin trading on Binance Alpha on June 17, 2025. The exact time of trading launch will be announced via official channels.

Users who wish to participate in the airdrop will need to use their Alpha Points to apply via the Binance Alpha Events Page. The page and detailed rules will be published along with the trading launch.

Get ready! Binance Alpha will be the first platform to feature Spark (SPK)! Trading will open on June 17th, with the exact time to be announced.

Eligible users need to use Binance Alpha Points to claim their airdrop on the Alpha event page, which will be published on June 17th… pic.twitter.com/gghDDI8T7b

— Binance (@binance) June 16, 2025

What is Spark (SPK)?

Spark was developed to solve a structural problem that has persisted in the DeFi world for years: fragmented liquidity, volatile yields, and idle stablecoins left unused across chains. Since current solutions have remained insufficient, Spark brings a new approach to this issue.

The project utilizes a dual capital allocation model:

• On the ecosystem side, it borrows from Sky’s stablecoin reserves, which exceed $6.5 billion, and deploys this capital across DeFi, CeFi, and real-world assets (RWAs).

• On the user side, it converts the yields into programmable and on-chain income packages, accessible to all via products like sUSDS and sUSDC.

Rather than competing with other DeFi projects, Spark functions as a layer that strengthens their infrastructure. In other words, it is not just a DeFi application—it is the core liquidity and yield infrastructure of the on-chain finance ecosystem.

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