SparkLend Has $11.95M USDT Available as Utilization Holds Near 96%
- —$11.95 million in USDT available at about 96% utilization
- —Supplier yield is around 6.9% APY
- —Borrowers pay roughly 7.70% APR
- —Liquidity tightened earlier this week
Why it matters: High utilization lifts borrowing costs and liquidity risk for USDT suppliers and borrowers on SparkLend.
Source: The Defiant