Spark
IRIS Sets Nov. 10 Launch for Fixed-Rate Borrowing on SparkLend
Borrowers can request custom loan durations, with solvers posting capital to absorb differences between fixed quotes and floating funding costs.
SparkLend Has $11.95 Million in USDT Available as Utilization Holds Near 96%
Suppliers were earning about 6.9% APY, while borrowers faced roughly 7.70% APR after liquidity tightened earlier this week.
Wallet Shifts 150 Million USDT From Aave to Spark Savings
Aave’s Ethereum USDT reserve showed $169.54 million in available liquidity on Oct. 8, after withdrawals coincided with double-digit borrowing rates.
Spark Opens Its USDT Savings Vault To OKX Users
The exchange routes USDT deposits into a Spark vault on X Layer, OKX's own Layer 2 network, where the vault holds under $500 and Spark's risk reviewers noted the chain can be upgraded by its operator without delay.
Spark, Uniswap, and Sky Launch $150M Liquidity Migration to Build Shared Stablecoin FX Layer
Spark, Uniswap, and Sky are launching shared stablecoin liquidity infrastructure, beginning with a $150 million USDS migration to Uniswap v4 pools designed to serve a multi-issuer stablecoin economy.
Spark Publishes Risk Framework for Sky Agent Network Built on Sky Protocol Security Principles
Spark has released a comprehensive risk framework for the Sky Agent Network, detailing how losses are absorbed and risk is bounded across Spark Savings, SparkLend, and the Spark Liquidity Layer.
SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges
Aave TVL has dropped by $10B since the Kelp attackers used the protocol to borrow $190 million in WETH, depositing unbacked rsETH.
Spark Launches Institutional Lending Products in Off-Chain Expansion
The new offerings are Spark Prime and Spark Institutional Lending.
PayPal’s PYUSD Surges to New All-Time High After Spark Partnership
The stablecoin’s market capitalization has increased by 42% this week.
Spark (SPK): The DeFi Protocol Redefining Finance with Explosive Growth and Innovation
In this episode of The Defiant Podcast, we sit down with Sam MacPherson, CEO and co-founder of Phoenix Labs, to discuss Spark (SPK)—the DeFi protocol making waves in the cryptocurrency world. From its groundbreaking subDAO model to its recent $10 billion TVL milestone, Spark is reshaping decentralized finance. We dive into the latest developments, including the Ignition Airdrop and institutional adoption. Tune in to explore how Spark is bridging the gap between traditional finance and DeFi, and what the future holds for this rapidly evolving ecosystem.
