DeFi· ★★★· bullish·

SparkLend: USDS loans top $800 million, a new all-time high

  • USDS loans grew 64% over 30 days and topped $800 million
  • SparkLend's total supplied liquidity is about $6.8 billion
  • Active loans on the protocol reach $2.13 billion
  • wstETH accounts for more than $3 billion in supplied assets
Why it matters: Rising demand for USDS loans at a managed rate shows the Sky ecosystem's growing role in DeFi lending.
Source: Crypto Briefing