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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its - 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
💰 Don’t forget to share your airdrop or points screenshot on Gate Square with the hashtag #ShowMyAlphaPoints# for a chance to win a share of the $200 token mystery box!
🥇 Top points winner: $100
✨ 5 outstanding posts: $20 each
📸 Pro tips:
Add a caption like “I earned ____ with Alpha. So worth it”
Share your points-earning tips or redemption experience for a better chance to win!
📅 Activity deadline: August 10, 18:00 UTC
Let’s go! See you tonight: https://www.gate.com/announcements/article - Hey fam—did you join yesterday’s [Show Your Alpha Points] event? Still not sure how to post your screenshot? No worries, here’s a super easy guide to help you win your share of the $200 mystery box prize!
📸 posting guide:
1️⃣ Open app and tap your [Avatar] on the homepage
2️⃣ Go to [Alpha Points] in the sidebar
3️⃣ You’ll see your latest points and airdrop status on this page!
👇 Step-by-step images attached—save it for later so you can post anytime!
🎁 Post your screenshot now with #ShowMyAlphaPoints# for a chance to win a share of $200 in prizes!
⚡ Airdrop reminder: Gate Alpha ES airdrop is - Gate Futures Trading Incentive Program is Live! Zero Barries to Share 50,000 ERA
Start trading and earn rewards — the more you trade, the more you earn!
New users enjoy a 20% bonus!
Join now:https://www.gate.com/campaigns/1692?pid=X&ch=NGhnNGTf
Event details: https://www.gate.com/announcements/article/46429
SparkDEX Soars Ahead of SPRK Token Launch on Flare
Amid a downturn in the decentralized finance (DeFi) sector, SparkDEX is bucking the trend. The Flare-based decentralized exchange is preparing to launch its native token, SPRK, following a surge in user activity, trading volume, and total value locked (TVL).
The token, set to debut on July 29th, 2025, will play a central role in the SparkDEX ecosystem, enabling governance participation and incentivizing liquidity providers and traders.
Platform Growth Amid Broader Market Decline
The announcement comes as SparkDEX reports a 650% increase in TVL, which surpassed $108 million in July, following its integration of USDT0, Tether’s multi-chain liquidity standard
According to an official statement, the surge was accompanied by a sharp rise in trading volume, which has reached $3 billion, tripling the platform’s previous cumulative figures. SparkDEX also reports over 2,500 unique users, signaling strong adoption.
This growth stands in contrast to broader market trends. While SparkDEX has gained momentum, the wider DeFi sector has experienced a notable contraction
Total multichain DeFi TVL declined by 27% in Q1 2025, falling from $177.4 billion at the end of 2024 to $128.6 billion in March. The nearly $49 billion drop was largely driven by persistent macroeconomic pressures and the falling market value of altcoins, which form the collateral base for most DeFi protocols.
Strategic Positioning in the XRPFi Ecosystem
SparkDEX is positioning itself as a key player in the emerging “XRPFi” sector. The platform is expected to benefit from the upcoming launch of FXRP, a Flare-native asset that brings XRP into decentralized finance via Flare’s FAsset program.
FXRP has already gone live on Flare’s canary network, Songbird, and is expected to launch on the Flare mainnet soon. Some estimates suggest the initiative could unlock over $100 billion in potential liquidity across the Flare ecosystem.
SparkDEX is led by developers with prior experience at platforms such as QuickSwap, MetaVault, and GrizzlyFi, and is supported by Lunar Digital Assets, a Web3-focused marketing and incubation firm.
Why This Matters
SparkDEX’s recent performance highlights a growing divergence in the DeFi landscape. While much of the sector remains in decline, platforms focused on utility and cross-chain integration appear to be regaining traction. The upcoming SPRK token launch will serve as a barometer for investor confidence in the broader potential for application-driven DeFi innovation.
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People Also Ask:
What is the SPRK token? SPRK is the native utility and governance token of SparkDEX, designed to incentivize activity and empower community decision-making within the Flare-based DEX.
What is the purpose of the SPRK token? SPRK enables governance voting, rewards liquidity providers and active traders, and helps secure the SparkDEX ecosystem through user participation.
What makes SparkDEX different from other DEXs? SparkDEX integrates Flare’s cross-chain technology, enabling interaction with assets like XRP, and supports Tether’s USDT0 standard for improved liquidity.