Gate News bot message, according to Gate's official announcement on June 17, 2025:
Gate will launch Spark on June 17, 2025, at 17:00 ( UTC+8 for spot trading, with the trading pair SPK/USDT. SPK is an on-chain capital allocator currently managing a fund size of $3.95 billion, covering DeFi, CeFi, and RWA sectors.
At the same time, Gate will successively launch a series of SPK-related activities: including the Launchpool event starting on June 18 at 20:00, which will provide a total of 720,000 SPK token rewards; the trading competition event starting on June 17 at 20:00, with a total prize pool of 1,260,000 SPK; and an additional reward activity for the Yubi Bao USDT 7-day fixed financial management, providing 180,000 SPK rewards.
The SPK contract address is: 0xc20059e0317DE91738d13af027DfC4a50781b066. Users can recharge and trade SPK through the Gate platform.