Spark SPKPrice $ 0.0242

Spark is a decentralized finance (DeFi) platform built on the Ethereum network, designed to provide on-chain lending, borrowing, and stablecoin services with full transparency and security. As part of the MakerDAO ecosystem, Spark offers users access to competitive interest rates for borrowing assets like DAI and lending tokens such as ETH, wstETH, and DAI itself. The protocol integrates directly with Maker’s D3M (Direct Deposit DAI Module), allowing seamless liquidity flows between Spark and Maker’s credit facility, thus ensuring capital efficiency and stability. Spark’s user interface is built for both individual and institutional users, supporting MetaMask and other wallets, and provides real-time insights into lending rates, collateral factors, and liquidation thresholds. By combining MakerDAO’s stability with its own simplified interface, Spark aims to create a user-friendly gateway to DeFi borrowing and savings.