SparkDEX to Launch $SPRK Token on SparkPad and TrustSwap

SparkDEX, the leading decentralized exchange (DEX) on Flare, is launching its native $SPRK token through two separate launchpads: SparkPad and TrustSwap, with a combined public raise of approximately $123,500. SparkPad is SparkDEX's Launchpad on Flare, Powered by TrustSwap. The Launchpads will go live on SparkPad on July 17th at 6 PM UTC and then on TrustSwap on July 21st.

This Launchpad Event includes a ​​24-hour Refund Policy​​.

The dual-launch format provides the community with two opportunities to participate in the token offering and showcases SparkPad’s capabilities as a new DeFi launch platform.

TrustSwap is the official infrastructure partner of SparkPad. The TrustSwap team helped build, support, and bring the platform to life. This launch allows SparkDEX to raise capital while also demonstrating the functionality of SparkPad in a live environment.

About SparkDEX

SparkDEX is the top DEX on Flare, offering advanced DeFi tools through an intuitive, AI-enhanced interface. The platform allows users to:

• Swap assets across chains
• Provide liquidity and earn high yields
• Yield farm and stake
• Trade decentralized perpetuals with up to 100x leverage on crypto, commodities, and forex

To date, SparkDEX has processed over $3.5 billion in volume, locked $80 million in total value, and generated $455,000 in platform fees, which will be distributed through staking rewards, buybacks, and burns.

Future updates include:

• StratEx integrations
• Insurance vaults
• DEX V4 with on-chain hooks and AI-powered automation

How to Participate Through SparkPad

*TrustSwap launchpad will operate the same as usual. Details at the bottom of the article.

Steps to Participate:

• Stay Updated
  Follow SparkPad’s social channels and check your email for updates.
• Create an Account
  Visit SparkPad, connect your wallet, and register your email on the Profile page.
• Complete KYC
  Verify your identity using Blockpass.
• Participate in the Launchpad
  Once approved, find the SparkDEX project and click “Participate.”
• Lottery Draw
  After the participation window closes, all eligible users will be entered into a lottery to determine who receives a whitelist spot.
• Send Funds
  If selected in the lottery, you will be notified and given a specific time window to send the required funds. Make sure to follow the instructions and fund your allocation within the given time.
• Claim Tokens
  Once the TGE (Token Generation Event) goes live, whitelisted participants will be able to claim their $SPRK tokens directly through SparkPad.

Strong Growth and Community Momentum

SparkDEX has grown rapidly with nearly 20,000 users, over $109 million in TVL, and $4.1 billion in trading volume. These metrics reflect the team’s ability to deliver quickly and scale the product with real market traction.

A Next-Gen Perpetuals Experience

At the heart of SparkDEX is a powerful perpetuals trading engine offering up to 100x leverage on blue-chip crypto, forex, and commodities. Traders can execute advanced strategies using features like trailing stops, take-profits, and stop-losses, all while earning LP rewards supported by Flare’s real-time oracle data (FTSO v2).

Built for the Future of DeFi

SparkDEX’s long-term roadmap emphasizes innovation and complexity. From AI-enhanced trading insights to on-chain hooks and customizable vaults, SparkDEX is committed to pushing the boundaries of what’s possible in decentralized finance. These features will ensure that Flare’s DeFi ecosystem continues to evolve and attract sophisticated traders and builders.

Launchpad Details

Meet the Team

Participation and Allocation

This launch offers public access to the $SPRK token sale, with guaranteed allocations available to eligible $SWAP stakers.

Participants with a $SWAP Staking Score of at least 4,000 who pass KYC will receive a guaranteed allocation, subject to jurisdictional eligibility.

🛂 KYC verification is required via Sekuritance. (Restrictions apply. Please review Sekuritance KYC applications for more details.)

Learn more about TrustSwap Launchpad

• 🔎 Check your Staking Score on the TrustSwap Dashboard
• 📚 Learn about TrustSwap Staking and the Long-Term Staking Pool (LTSP)

How to Participate: TrustSwap

Prepare ahead of launch day to maximize your chances:

• Top Up Your SWAP Stakes
  Stake or extend your SWAP before the snapshot deadline to improve your allocation.
• Complete Your KYC
  Use Sekuritance to verify your identity. Follow all the provided instructions and submit your KYC documents.
• Apply for the IDO
  On launch day, visit the TrustSwap Launchpad and click “Start” to submit your application.
• Wait for Allocation Confirmation
  After the application window closes, a snapshot will be taken.
  Eligible applicants will receive an email with their maximum allocation.
  Confirm how much you wish to contribute (up to your full allocation).
• Fund Your Allocation
  You’ll have 24 hours to fund your allocation once confirmed.
  Payments must be made in USDC or USDT on Ethereum (ERC20), BSC (BEP20), Flare (FLR), or Polygon (MATIC).
  Failure to fund within the window will result in a lost allocation.
• 📢 Follow the TrustSwap Announcement Channel for real-time updates.

Excluded Countries

Participation in this launch is not available to individuals or entities who are citizens of, located in, incorporated in, or otherwise associated with the following jurisdictions:

Albania, Belarus, Bosnia and Herzegovina, Central African Republic, China, Congo, Côte d'Ivoire, Cuba, Democratic Republic of the Congo, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, Myanmar, North Korea, Somalia, South Sudan, Syria, United States of America, United States Minor Outlying Islands, Venezuela, Yemen, Zimbabwe

Key Links

• 🌐 Website: sparkdex.ai
• 🐦 Twitter: @SparkDexAI
• 💬 Telegram: t.me/SparkDexAI
• 🧠 Discord: SparkDEX Discord
• 📄 Pitch Deck: View here
• ✍️ Medium: @SparkDEX