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SPK Jumps 98% as SparkLend Adds $1.7B After Aave Deposit Flight
SPK rose 98% to $0.05834 as SparkLend added more than $1.7 billion of deposits in five days after the Kelp bridge exploit. DefiLlama data shows SparkLend’s total value locked rose from about $1.89 billion to $3.6 billion, while active loans increased by about $500 million. EmberCN said Aave deposits fell from $45.8 billion to $29.6 billion over the same period.