Binance Announces the 23rd Project on HODLer Airdrops – Spark (SPK)

The Binance exchange introduced its 23rd project on HODLer Airdrops: Spark (SPK) - a lending, borrowing, and storage platform developed by MakerDAO.

Binance Announces The 23rd Project On Hodler Airdrops – Spark (spk)

Users who registered BNB in Simple Earn products (Flexible or Locked) and/or On-Chain Yields from 00:00 on June 10, 2025, to 23:59 on June 13, 2025 (UTC) will be eligible to receive the airdrop distribution.

Detailed information about the HODLer Airdrops is expected to be announced within the next 12 hours, and the SPK token will be transferred to users’ Spot Accounts at least 1 hour before trading begins.

Binance will list SPK at 09:00 on June 17, 2025 (UTC), opening trading with the pairs SPK/USDT, SPK/USDC, SPK/BNB, SPK/FDUSD, and SPK/TRY. SPK will be tagged with a Seed Tag. Users can start depositing SPK 1 hour after this announcement.

Note: SPK will be available on Binance Alpha and can be traded there (timing will be announced later), but it will no longer be displayed on Binance Alpha once spot trading begins.

Details of SPK HODLer Airdrops

  • Token Name: Spark (SPK)
  • Initial Total Supply: 10,000,000,000 SPK
  • Maximum Total Supply: 10,000,000,000 SPK
  • HODLer Airdrop Reward: 200,000,000 SPK (2% of total token supply)
  • An additional 50,000,000 SPK will be allocated for other marketing campaigns after the spot listing (details will be announced separately).
  • Circulating Supply at Listing: 1,700,000,000 SPK (17% of total token supply)
  • Smart Contract Information:
    • BNB Chain: 0xAfF2e841851700D1Fc101995Ee6b81Ae21Bb87D7
    • Ethereum: 0xc20059e0317DE91738d13af027DfC4a50781b066
  • Listing Fee: 0
  • Research Report: A report on Spark (SPK) will be published within 48 hours after this announcement.
  • BNB Holding Limit: User’s average BNB holding ratio to total average BNB * 100% ≤ 4% (if the ratio exceeds 4%, it will be counted as 4%).

Related: Binance Wallet Launches Binance Alpha Earn Hub

About Spark Protocol

1

Spark Protocol is an advanced lending platform built on the Ethereum blockchain, allowing users to borrow or lend assets such as ETH, stETH, and DAI. Developed by MakerDAO, Spark aims to enhance the utility of DAI within the DeFi ecosystem.

Upon launch, Spark introduced sDAI, a token representing DAI deposited into MakerDAO’s DAI Savings Rate (DSR), providing an opportunity for users to earn from the DAI they deposit.

As an open-source protocol, Spark facilitates user interaction with decentralized applications (dApps), APIs, or smart contracts on the Ethereum network, unlocking strong growth potential in the DeFi space.

As of June 17, 2025, Spark’s Total Value Locked (TVL) reached $6.7 billion, marking significant growth in under two years and affirming its position as one of the leading DeFi platforms.

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