SparkDEX

SparkDEX (SPRK) has successfully established itself as the premier DeFi infrastructure on the Flare Network, combining high-quality product execution (V3 DEX, Perpetuals) with a proven security posture that has actively repelled attacks. The project scores highly on technical deliverability and security audit history, backed by a 'Real Yield' model that aligns user incentives with protocol revenue. However, the investment profile is heavily weighed down by its Tokenomics structure; with only ~6.6% of the supply circulating, the token faces massive potential dilution and inflationary pressure from future unlocks and farming emissions. While the utility is strong and the market niche is defensible, the extremely low float creates a structural headwind for price appreciation, making the token more suitable for yield generation or ecosystem speculation than as a stable store of value.