The Rise of Spark: A New Chapter in DeFi I have been watching @sparkdotfi and the $SPK token with a mix of curiosity and cautious optimism. It's rare to see a DeFi protocol arrive with this much coordination and ambition. Not just another farming gimmick or "number go up" token, but it feels like Spark is aiming to rebuild the foundation of stablecoin liquidity across the decentralized economy. And like many of us who have weathered cycles of hype and disappointments in this space, I approach big launches with a healthy dose of skepticism. But something about Spark demands a deeper look. It's more than just a platform, it's a full-stack attempt to reshape how value moves in the DeFi world. The Vision, Solving DeFi's Liquidity Fragmentation Spark emerged from the broader MakerDAO ecosystem, under the Sky brand, a sort of reimagining of what stablecoin infrastructure could be. They weren't just launching a protocol. They were proposing a "super liquidity engine", a networked layer where stablecoin capital could be deposited, borrowed, routed, and deployed across multiple chains and platforms, all with auditable transparency. The goal was clear: stablecoin liquidity today is fractured. Yields are inefficient. Capital sits idle or is deployed in risky, non-transparent ways. Spark set out to unify that liquidity, allowing it to flow where it's most efficient, all governed by the community. It's a bold mission. But it was backed by significant names: a16z, Polychain, and leadership from Rune Christensen. That gave Spark the legitimacy to be taken seriously from day one.