Spark Protocol Sees Remarkable TVL Growth, Nearing $4B Milestone
Spark Protocol Sees Remarkable TVL Growth, Nearing $4B Milestone
🚀 Spark's Billion Dollar Journey
Spark Protocol continues its impressive growth trajectory in the DeFi space:
- Current TVL approaching $4 billion
- Ranks among top 10 DeFi protocols for monthly growth
- Achieved +58.1% TVL increase in past month
- Significant growth from $1B TVL milestone in November 2023
The protocol's consistent expansion demonstrates increasing adoption of DAI-centric lending services in the DeFi ecosystem.
Pendle Finance Sees Major USDS Inflow and Addresses Gaming Concerns
Pendle Finance experienced a significant surge with over $100M USDS inflow in 24 hours, pushing total TVL past $200M. The platform offers a 25x Spark Points boost for USDS liquidity providers. However, the team identified users gaming the system by minting both YT and PT tokens from the same USDS pool to earn disproportionate rewards. In response, they've implemented penalties for such behavior effective June 3rd. How to participate legitimately: - Visit [app.spark.fi/points](https://app.spark.fi/points) - Connect wallet through Pendle - Deposit USDS - Earn rewards fairly **Note**: Previous activities before June 3rd won't face penalties.
Scaling Ethereum: Optimism & Unichain Discussion
Phoenix Labs CEO @hexonaut and Optimism's Head of DevX & DeFi Growth @PierceMyEar are hosting a live discussion about Ethereum scaling solutions. The talk will focus on: - Optimism's scaling infrastructure - Unichain's role in network expansion - Native interoperability improvements - Impact on Ethereum's scalability Event Details: - Date: Tomorrow - Time: 3 PM CET This follows recent developments in Superchain Interop and ERC 7683 implementation across the Ethereum ecosystem. [Join the discussion tomorrow →](https://x.com/i/spaces/1OwGWNgWgPWKQ)
Onchain Capital Allocator Hits New All-Time High
The Onchain Capital Allocator has achieved consecutive all-time highs (ATH) in June 2025, marking significant growth in decentralized capital management. Key developments: - New ATH reached on June 4th, 2025 - Sustained performance confirmed on June 5th - Builds on foundations laid in July 2024 capital allocation strategy This milestone demonstrates increasing maturity in automated DeFi capital management systems.
Curve Finance and Spark Protocol Announce Strategic Partnership
Curve Finance and Spark Protocol have formalized a strategic partnership, marking a significant development in DeFi infrastructure. This collaboration follows Curve's earlier successful partnership with Inverse Finance. - Spark Protocol, a DAI-centric money market protocol, brings Maker's liquidity expertise - Partnership aims to enhance DeFi liquidity infrastructure - Integration expected to strengthen both protocols' market positions The partnership signals growing interconnectivity in DeFi lending markets and could improve capital efficiency for users of both platforms.
Spark Protocol Hosts Discussion on New Collateral Types
Spark Protocol is hosting a live discussion on Tuesday, March 25th about expanding their collateral options. The event features representatives from: - TheTNetwork - Lombard Finance - KelpDAO - Renzo Protocol The discussion will focus on integrating new assets into SparkLend: - rsETH - ezETH - tBTC - LBTC This follows their recent Spaces episode featuring discussions on cross-chain DeFi accessibility with leaders from Vaults.fyi and Phoenix Labs.