Sun Yuchen Deposits $1.3B in Spark, Accumulates $5.38M in USDS Farming Rewards

USDC0,01%
SKY-2,51%

Gate News message, April 23 — Sun Yuchen has cumulatively deposited $1.3 billion in assets on Spark, earning $5.38 million in USDS farming rewards, according to on-chain analyst Ai Yi. Over the past three hours, Sun’s address 0x939…6a1d1 withdrew 300 million USDS from Sky and subsequently deposited it into Spark.

His current deposits on Spark consist of $436 million in USDS (18.72% of the pool), $135 million in USDC (28.17% of the pool), and $93.39 million in USDT (9.89% of the pool).

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

US Bitcoin ETF Records $4,349 BTC Inflows, Ethereum ETF Adds 35,736 ETH

Gate News message, April 23 — According to Lookonchain data, U.S. Bitcoin ETF recorded net inflows of 4,349 BTC today. Ethereum ETF saw net inflows of 35,736 ETH, while Solana ETF added 1,311 SOL.

GateNews3m ago

JPMorgan: DeFi Security Incidents and TVL Stagnation Dampen Institutional Adoption

Gate News message, April 23 — JPMorgan analysts have highlighted that recurring DeFi security incidents and stagnant total value locked (TVL) in ETH terms continue to constrain institutional interest in decentralized finance, according to The Block. The bank's report pointed to a recent cross-chain

GateNews34m ago

Grayscale Transfers 3,817 ETH and 210 BTC Worth $25.02M to Institutional Custody Platform

Gate News message, April 23 — Grayscale transferred a total of 3,817 ETH and 210.006 BTC to an institutional custody platform approximately 40 minutes ago, according to market sources. The combined transfer was valued at approximately $25.02

GateNews1h ago

Spot Bitcoin ETFs See $335M Inflows as BTC Slips

US-listed spot Bitcoin ETFs extended their winning streak on Wednesday, recording $335.8 million in net inflows for their seventh consecutive day of positive flows, according to data from Fraside Investors. This sustained institutional demand reflects strengthening interest in Bitcoin products

CryptoFrontier1h ago

Bitmine Stakes 93,600 ETH Worth Over $218M in Past Hour

Gate News message, April 23 — According to Onchain Lens monitoring, Bitmine staked 93,600 ETH over the past hour, valued at approximately $218 million.

GateNews2h ago

CryptoQuant Flags Bearish Divergence in TRON: Price Up 20% While Network Activity Drops 21%

Gate News message, April 23 — Cryptocurrency analytics firm CryptoQuant has identified a notable divergence in the TRON network, with TRX price rising 20% over 74 days while on-chain metrics signal weakening fundamentals. From February 7 to April 21, 2026, the price of TRON (TRX) increased

GateNews3h ago
Comment
0/400
No comments