Spark
Risk AMakerDAO-aligned lending built on Aave V3 architecture.
EthereumOverview
Spark Protocol is operated by Phoenix Labs and aligned with the MakerDAO / Sky ecosystem. It is a fork of Aave V3 with adjusted parameters and direct access to the Maker DSR via the sDAI / sUSDS markets.
The Apyee Vault supplies USDC into Spark's USDC pool. Because Spark inherits the Aave V3 codebase, the on-chain risk surface is essentially the same as Aave V3, plus Spark-specific governance choices.
Safety
- Operating since
- 2023
- Audits
- ChainSecurityCantinaStatemind
Incident history
No protocol-level exploits since launch.
Contract
Apyee's adapter contract that connects the Vault to Spark. The adapter is immutable and the source is verified on-chain.
To deposit into this strategy, use the Vault deposit page and switch to Ethereum. The Keeper allocates idle USDC to Spark when net APY is favorable.
Activity
Keeper operations on this strategy — rebalance, invest, divest.