Spark

What is SparkFi (SPK)?

SparkFi (SPK) is an ERC-20 application token on Ethereum that powers the SparkFi ecosystem of DeFi products. It is not a base Layer-1 or Layer-2 chain; rather, SPK underpins user incentives (“Sky Farming”), ecosystem growth, and team funding via a long-term, schedule-based distribution. SparkFi held its Token Generation Event (TGE) on June 17, 2025, with an initial listing price of $0.0745.

SparkFi (SPK) is an ERC-20 governance and utility token powering the SparkFi DeFi ecosystem, developed by Phoenix Labs, which is co-founded by Sam MacPherson. The protocol was launched on June 17, 2025, with a vision to combine savings, lending, and liquidity delivery under one unified token model.

Key Features of SparkFi (SPK)

• Ethereum-based token: ERC-20 asset compatible with standard EVM tooling and wallets.

• Sky Farming incentives: Multi-year emissions aimed at rewarding users and participation.

• Programmatic vesting: Clear timetables for ecosystem and team allocations.

• Broad market access: SPK trades on major CEXs and Ethereum DEXs (see “Where to Buy”).

How Does SparkFi Work?

SparkFi routes most of its token supply through long-horizon incentive programs. Users participate in Sky Farming and other app activities to earn SPK, while the Ecosystem bucket funds partners, listings, liquidity, and integrations. All flows are governed by on-chain vesting schedules: a portion unlocks at TGE, and the rest releases over years. The Team allocation vests gradually after a cliff, aligning core contributors with the project’s multi-year roadmap.

SPK Token Distribution

Total Supply reference: 10,000,000,000 SPK (implied by the table you shared: 6.5B + 2.3B + 1.2B).

Allocation & Vesting (from your table):

• Sky Farming (Users): 65% — 6,500,000,000 SPK

  • Vesting: Distributed by Sky over 10 years.

• Ecosystem: 23% — 2,300,000,000 SPK

  • Vesting: 17% available at TGE; 6% available after one year (remaining per program schedules).

• Team: 12% — 1,200,000,000 SPK

  • Vesting: 12-month cliff (25%), then 3-year vesting of the remaining 75%.

Model: Token unlock model with multi-year emissions (Sky Farming) and scheduled ecosystem/team releases.

SPK Coin History

• TGE: June 17, 2025

• Listing Price: $0.0745

• Binance HODLer Airdrops: Conducted on TGE date

• Current program snapshots you shared:

  • Sky Farming Y1–2: 356.15M / 3.25B SPK unlocked

  • Ecosystem: 1.7B / 2.3B SPK unlocked

  • Team: — / 1.2B SPK (locked under team schedule)

  • Future Sky Farming tranches (Y3–10) noted with their respective buckets

Where to Buy SparkFi (SPK)?

Centralized Exchanges (CEX)
Binance (USDT / USDC / TRY / BNB / FDUSD), KCEX, Coinbase, OKX, MEXC, Gate, Bybit, Bitget, Bithumb (KRW), Kraken (USD/EUR), LBank, BingX, CoinW, Phemex, BitMart, XT.COM, DigiFinex, OrangeX, Toobit, Bitvavo (EUR), WEEX, CoinTR (USDT/TRY), Bitkub (THB), NovaDAX (BRL), WOO X, and others from your list.

Decentralized Exchanges (DEX)
Uniswap V3 & V4 (Ethereum) — SPK pairs vs USDC/ETH/USDT as provided.

Best Wallets to Store SparkFi (SPK)

Because SPK is an ERC-20, any EVM wallet works. From your list:

• Popular: Trust Wallet, MetaMask, Coinbase Wallet, Ledger, SafePal, TokenPocket, imToken, iToken Wallet, OKX Wallet

• Additional: Assure Wallet, BRD Wallet, Coinhub, SimpleHold, Portis, WalletConnect, Fortmatic, Ambire, Binance Wallet, Coin98, FILWallet, Halo Wallet, Wirex, XDEFI