Gate News bot message, Spark announced the launch of the first phase of the Ignition Airdrop on Tuesday. Users who lend or borrow tokens on Spark, or deposit tokens issued by its parent protocol Sky on other DeFi protocols, are eligible to share a token pool containing 300 million SPK, which was valued at approximately 18 million dollars at the time of publication (calculated at current prices). SPK holders will be able to participate in future Spark governance and stake to earn more rewards in future airdrops. Spark stated in an X post that staked SPK may also be used to secure the protocol in the future. Based on deposit amounts, Spark is currently the fourth largest DeFi protocol. The total supply of SPK is 10 billion, which will be distributed over the next 10 years.

According to the Gate News bot announcement on June 17, 2025, Gate Simple Earn has launched a new round of rewards for the USDT 7-day fixed-term financial product. This product adds a 10% annual yield bonus on top of the original earnings, allowing the total annual yield rate to reach a maximum of 12%. During the event, a total of 180,000 SPK tokens will be provided as additional rewards, distributed on a first-come, first-served basis. Spark(SPK) is an on-chain capital allocation platform managing a fund size of $3.95 billion, covering the fields of DeFi, CeFi, and real assets(RWA), optimizing capital efficiency through automated portfolio management.

According to Gate News bot, as monitored by Lookonchain, after receiving a large amount of SPK Airdrop, two whales deposited it into CEX, totaling 39 million SPK ($2.7 million).

According to Gate News bot, monitored by Lookonchain, trader 0x7ef29 sold 1 SPK at a high price of 19,687 USDT. Before the SPK trading went live, teochew.eth created a SPK/USDT liquidity pool and added 19,998 USDT as unilateral liquidity. He intended to set the exchange rate to 1 USDT = 19.931<>996210 SPK, but mistakenly set it to 1 SPK = 19.931<>996210 USDT. As a result, trader 0x7ef29 exchanged almost all the USDT in the mining pool with just 1 SPK, cashing out 19,687 USDT.

PANews June 17, news reported that on-chain data shows a user sold 1 SPK Token through the Uniswap V3 pool, receiving $19,686.87.

Gate News bot news, according to the on-chain analyst Aunt Ai, the SPK on-chain airdrop TOP1 address is 0xAaf... 8a45B, a total of 20.45 million SPKs were claimed, about $1.485 million. This address once opened a position of 19,992 ETH at an average price of $2,550 on 2024.01.

According to Gate News bot, on-chain analyst Ai Yi monitored that "a whale who previously profited over 32 million USD by buying low and selling high in ETH" 0xAA1...3eE57 claimed 17.58 million SPK airdrop 5 minutes ago, worth 1.222 million USD, which has now been fully deposited into the CEX.

Gate News bot message, according to the official announcement from Gate on June 17, 2025: Gate will launch the Spark staking mining event on the Launchpool platform from June 18, 2025, 20:00 to June 25, 2025, 20:00 ( UTC+8 019283746656574839201. Users can participate by staking SPK tokens, and a total of 720,000 SPK tokens will be released as mining rewards during the event. The system will distribute corresponding rewards to users' spot accounts every hour based on the proportion of users' staked assets. Spark is an on-chain capital allocator managing assets totaling $3.95 billion, covering the fields of DeFi, CeFi, and real assets ) RWA (. The project aims to achieve large-scale capital efficiency release, automatically adjusting portfolios based on market conditions while maintaining robust risk control. The announcement also disclosed that Gate Labs did not participate in the investment of Spark)SPK(.

Gate News bot message, Spark posted on X sharing project data: $3.5 billion TVL, $3.3 billion deposits, over $4 billion allocated assets. In addition, SPK will be launched within an hour. Ignition Airdrop is officially live.

Gate News bot news, according to the official announcement from Gate on June 17, 2025: Gate will launch Spark on June 17, 2025, at 17:00 ( UTC+8, opening the SPK/USDT trading pair. The blockchain contract address for SPK is 0xc20059e0317DE91738d13af027DfC4a50781b066. As part of the launch supporting activities, Gate will introduce multiple SPK-related events, including the Launchpool mining activity starting on June 18, trading competitions, Alpha trading, and a special financial management plan for leftover coins, offering a total of over 3 million SPK as event rewards. Spark is an on-chain capital allocator that currently manages a capital scale of 3.95 billion USD, covering the fields of DeFi, CeFi, and RWA, mainly achieving optimized capital efficiency through automation.

BlockBeats news, on June 17, according to official news, Spark announced that the SPK Token will be issued in 4 hours and the Ignition Airdrop claim will be opened.

According to the Gate News bot, the official announcement from Gate on June 17, 2025. Gate will launch SPK perpetual contract trading on June 17, 2025 at 17:05 ( UTC+8, with the contract settled in USDT. The newly launched SPK perpetual contract will support 1-20 times leverage trading, allowing users to go long or short, with specific leverage multiples to be chosen by the user at the time of placing an order.

Odaily News According to the official announcement, Gate.io is about to launch SPK (Spark), the specific schedule is as follows: SPK deposit opening time: June 16, 2025, 11:00 PM (UTC+8) SPK auction period: June 17, 2025, from 5:00 PM to 6:00 PM (UTC+8) SPK/USDT spot trading opening time: June 17, 2025, at 6:00 PM (UTC+8) SPK withdrawal opening time: June 17, 2025, 8:00 PM (UTC+8)

PANews June 16 news, according to the official announcement, Gate will launch Spark (SPK) spot trading on June 17, 2025, at 17:00 (UTC+8). Spark is an on-chain capital allocation platform that has deployed $3.86 billion in the DeFi, CeFi, and RWA sectors, achieving significant capital efficiency improvements through automatic asset allocation balancing based on market conditions while maintaining a conservative risk strategy.