TVL
$306.8M
Price
$1.00
APY
---
Holders
1,154
Total Supply
298,397,848
Asset Details
Jurisdiction
KY
Custodian Type
protocol
Redemption Timing
t+0
Audited
Yes
Redeemable
Yes
Transferable
Yes
Accredited Only
No
Description
Spark Protocol money market backed by DAI, USDC deposits in Spark pool. Cayman Islands-regulated. T+0 redemption.
About Spark USDC
Spark USDC (spUSDC) is a tokenized treasuries asset issued by Spark Protocol. The asset currently has $306.8M in total value locked across all chain deployments. The asset is accessible without KYC requirements, enabling broader DeFi participation.
Tokenized treasuries represent US government debt instruments brought on-chain, offering low-risk yield backed by sovereign credit.
Similar Treasuries Assets
Spark USDC (spUSDC) is a tokenized treasuries asset issued by Spark Protocol. The asset currently holds $306.8M in total value locked. This asset is available without KYC requirements.