This page may contain stale information. Last updated: 2026-06-28
Overview
Spark is a DeFi protocol in the Sky (formerly Maker) ecosystem focused on stablecoin liquidity orchestration. It coordinates allocation, governance, and risk parameters across multi-issuer stablecoin markets.
Recent Developments
- 2026-06-25: Launched Stablecoin FX Layer with uniswap; migrated ~$150M USDS liquidity to v4 pools (2026-06-25-spark-uniswap-fx-layer-stablecoin)
- Plans Shared Liquidity Layer and DualPool hook for idle yield (pending security review)