Safari

3. Spark Liquidity Layer (SLL)
The SLL is a cross-chain capital allocator that consolidates liquidity from multiple sources, including over $6.5 billion in stablecoins managed by the Sky protocol. It automatically directs and balances funds across platforms such as Aave, Maple, Ethena, Curve, and tokenized real-world asset services like BlackRock’s BUIDL and Centrifuge.

SLL operates across several Layer-2 chains and Ethereum-compatible networks (including Ethereum mainnet, Base, Arbitrum, Optimism, and Unichain). It’s responsible for redistributing capital to areas where it is most effective. The goal is to optimize yield while minimizing risks related to fragmented liquidity.

The SLL serves as both an infrastructure backbone and a product. Beyond allocating capital, it supports other Spark offerings and connects with many external protocols to deepen liquidity and reduce volatility in borrowing rates.

SPK Token
The SPK token is the native utility token within the Spark ecosystem and supports the project’s long-term goals of decentralization, sustainability, and aligning stakeholders’ interests.