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Spark Q4 2025 Financial Report
Spark Q3 Financial Report
Dear Spark Community, Below is the Q3 2025 financial report, covering Spark’s first full quarter under its own P&L. 1. Executive Summary - The start of Q3 marked a pivotal moment for Spark, with the official launch of Spark’s P&L on July 1st, 2025. Prior to this, Spark operated under SKY, which covered all expenses while retaining the revenues generated by Spark - At launch, Spark received an initial seed allocation of 25M USDS, establishing a robust foundation for future growth. - During Q3 ...
Spark Q3 Financial Report
Dear Spark Community, Below is the Q3 2025 financial report, covering Spark’s first full quarter under its own P&L. 1. Executive Summary - The start of Q3 marked a pivotal moment for Spark, with the official launch of Spark’s P&L on July 1st, 2025. Prior to this, Spark operated under SKY, which covered all expenses while retaining the revenues generated by Spark - At launch, Spark received an initial seed allocation of 25M USDS, establishing a robust foundation for future growth. - During Q3 ...
Savings V2 Launches
Spark is on a mission to simplify DeFi. Savings V2 is the next step in achieving this goal by providing the Spark Universal Savings Rate (SUSR) to all major stablecoins across all major chains. Initially launching with support for USDC, USDT and ETH on Ethereum mainnet, Savings V2 will be progressively rolled out to more chains and stablecoins over the coming months.https://app.spark.fi/ (Snapshot taken Oct 14, 2025)A More Secure Approach to SavingsSpark Savings takes a conservative approach ...
Savings V2 Launches
Spark is on a mission to simplify DeFi. Savings V2 is the next step in achieving this goal by providing the Spark Universal Savings Rate (SUSR) to all major stablecoins across all major chains. Initially launching with support for USDC, USDT and ETH on Ethereum mainnet, Savings V2 will be progressively rolled out to more chains and stablecoins over the coming months.https://app.spark.fi/ (Snapshot taken Oct 14, 2025)A More Secure Approach to SavingsSpark Savings takes a conservative approach ...
Spark Roadmap: The next 6 months
A look back2025 has been a busy year for Spark. The year started with the launch of the Spark Liquidity Layer (SLL). This cross-chain, multi-asset allocation system enables Spark to access new lending opportunities, such as the Coinbase BTC Borrow product, which now supports $500 million of onchain loans directly to Coinbase users on Base. Coinbase kicked things off, but it is expected that most exchanges/fintechs will follow suit as the world races to get onchain. This is due to the cheap ca...
Spark Roadmap: The next 6 months
A look back2025 has been a busy year for Spark. The year started with the launch of the Spark Liquidity Layer (SLL). This cross-chain, multi-asset allocation system enables Spark to access new lending opportunities, such as the Coinbase BTC Borrow product, which now supports $500 million of onchain loans directly to Coinbase users on Base. Coinbase kicked things off, but it is expected that most exchanges/fintechs will follow suit as the world races to get onchain. This is due to the cheap ca...
