SparkDEX

⚠️ Important Announcement The Perps Migration Window is now open and will remain available until July 31st, 12:00 UTC. Users with positions on the old Perps smart contracts can now migrate to the new Perps smart contracts on sparkdex.ai. Any positions that are not migrated before July 31st at 12:00 UTC will be force liquidated, as the old Perps contracts will be permanently deprecated. ⚠️ Important risk notice for old Perps: To encourage migration to the new Perps smart contracts, the following changes will be applied to Old Perps: • Funding rates will increase from 50% p.a to 100% p.a. • The liquidation threshold for Old Perps will be reduced to 65% (This means that position health will deteriorate significantly faster on Old Perps). ❗Any position with a health factor below the new 65% liquidation threshold will be liquidated once the new threshold is enforced. Users are strongly encouraged to review and migrate their positions as soon as possible to avoid additional funding costs or potential liquidation. Guide below 👇

Happy Weekend ☀️ A quick reminder to all old Perps LPs to migrate your liquidity to SparkDEX's New Baby Perp DEX if you haven't yet! Migrate to start earning some fresh new rewards ⚡️

The best DeFi experience is the one you barely have to think about. 💱Swap 💵Liquidity Provision 💹Earn 🔁Repeat No unnecessary steps. No guessing what comes next. That's the standard we have at SparkDEX.👇 sparkdex.ai

. @SparkDexAI has shown what a successful campaign on Luminite can look like. Strong participation, engaged users, and real ecosystem activity. Now the question is: Who should launch the next campaign on Luminite Campaigns? 👀 Firelight? Kinetic? Mystic Markets? Sceptre? Or someone else? Tag the protocol you want to see next below👇

⚠️ Attention: all Old Perps LPs There is no need to keep liquidity on the old Perps. ✅ All positions have now been closed. ✅ Any PnL has already been realized and reflected in your LP position. Now you can simply migrate and start earning farming rewards, or remove your liquidity: sparkdex.ai/pool/perps

Step into the SparkDEX DeFi Ecosystem on @FlareNetworks now: sparkdex.ai

SparkDEX started as a V3 DEX in 2024. Today, it has evolved into a full DeFi stack on Flare. ⚡ Here’s what’s live: 🔶 V4 DEX & Farms 🔶 SparkDEX Perps 🔶 Liquid Staking (stFLR) 🔶 Firelight Staking (stXRP) 🔶 FTSO Delegation 🔶 SPRK Staking (xSPRK) 🔶 Governance 🔶 A Cross-Chain Bridge And More... This is infrastructure being built, step by step.

But fact is: We also have the pretty UI though 🤓 Quick Reminder: New Baby Perps are LIVE, don't forget to migrate!

Hot take: In a few years, nobody will choose a DEX because it has the prettiest UI. They’ll choose the one that delivers: • Best execution • Lowest fees • Highest yields • Strong security • One-click simplicity Great design gets attention. Great infrastructure keeps users. Agree or disagree? 👇

Participate and start earning on SparkDEX's NEW Perps NOW at: 🌐 sparkdex.ai/perps 🌐 sparkdex.ai/pool/perps

New Perps LP Rewards are now LIVE Starting today, the following weekly rewards are available for Perps LPs: 💧 USDT0 Pool: 6,250 rFLR 💧 stFLR Pool: 6,250 rFLR (replacing sFLR) 💧 WFLR Pool: 6,250 rFLR 💧 FXRP Pool: 25,000 rFLR Additionally, 250,000 rFLR in weekly rewards will restart for the ongoing Trading Competition. ⚡

⚠️ Important Announcement The Perps Migration Window is now open and will remain available until July 31st, 12:00 UTC. Users with positions on the old Perps smart contracts can now migrate to the new Perps smart contracts on sparkdex.ai. Any positions that are not migrated before July 31st at 12:00 UTC will be force liquidated, as the old Perps contracts will be permanently deprecated. ⚠️ Important risk notice for old Perps: To encourage migration to the new Perps smart contracts, the following changes will be applied to Old Perps: • Funding rates will increase from 50% p.a to 100% p.a. • The liquidation threshold for Old Perps will be reduced to 65% (This means that position health will deteriorate significantly faster on Old Perps). ❗Any position with a health factor below the new 65% liquidation threshold will be liquidated once the new threshold is enforced. Users are strongly encouraged to review and migrate their positions as soon as possible to avoid additional funding costs or potential liquidation. Guide below 👇

Delegation & cUSDX rewards have been distributed ⚡️ Total distribution: 🟧 WFLR from Delegation: 1,385,000 WFLR 🟧 USDX: 364 Breakdown: - Perp LP WFLR delegation rewards have been assigned to manual claims (They're no longer auto-added to LP positions). - USDX rewards from cUSDX pools are now claimable on the farms tab.