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ZeroLend Nears $250M TVL, Spark Deploys $25M USDS to Aave, Sky's D3M Module Active

ZeroLend's @LineaBuild market is nearing $250 million in Total Value Locked (TVL), allowing users to supply or borrow more than 15 assets with competitive Annual Percentage Rates (APRs) and emissions
By: DeepNewz • October 14, 2024
ZeroLend Nears $250M TVL, Spark Deploys $25M USDS to Aave, Sky's D3M Module Active

ZeroLend's @LineaBuild market is nearing $250 million in Total Value Locked (TVL), allowing users to supply or borrow more than 15 assets with competitive Annual Percentage Rates (APRs) and emissions. Spark has deployed 25 million USDS in direct liquidity from Sky into Aave’s Lido market since the launch of the USDS Direct Deposit Module. Additionally, 50 million USDS has been deposited into Aave's Lido market, offering ample room for borrowing at competitive rates. Sky's D3M module is also in action, supplying liquidity directly to Aave. Sonic is set to launch Lever, a memecoin lending platform, on its testnet in the coming weeks, enabling users to open leveraged long/short positions with borrowed assets.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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