Two weeks post-launch, USDS deposits on Aave v3 have hit 100 million. This milestone means:
- 100 million USDS now earning both USDS and SPK rewards
- Borrow cap not yet reached
- Users can borrow USDS at scale on Aave v3
Recent developments:
- Supply cap increased to 100 million on Aave's Ethereum market
- 50 million USDS deployed as direct liquidity from Sky to Aave's Lido market
- 25 million USDS deployed via USDS Direct Deposit Module
These moves aim to boost borrowing capacity and offer competitive rates for large-scale borrowing on Aave.
For more information on USDS supply and rewards, visit Aave v3.
Spark Savings V2 Recognized in Bloomberg's Low-Risk DeFi Analysis

Spark Savings V2, which launched in October, has been featured in a recent Bloomberg article highlighting top low-risk DeFi vaults. **Key Points:** - The vault is now recognized among leading low-risk options in the DeFi space - Available through multiple platforms including [DeFi Saver](https://defisaver.com) - Accessible via the Smart Savings dashboard alongside other yield-earning options Spark Savings V2 offers DAI-focused yield opportunities through its integration with the Maker ecosystem and other DeFi protocols.
Spark Protocol Reports $12.12M Net Profit in Q4 2025
Spark Protocol has released its Q4 2025 financial report, showing continued profitability across its product suite. **Key Financial Metrics:** - $53.01M gross revenue - $19.2M gross profit - $12.12M net profit **Revenue Sources:** - **Spark Liquidity Layer (SLL)**: Earns spread between investment yields and cost of capital - **SparkLend**: Collects reserve factor on borrower interest - **Market Curation**: Performance fees from curated Morpho vaults - **USDS Distribution**: 0.6% accessibility reward from Sky - **Treasury Management**: Yield from SKY's savings rate The report includes detailed profit and loss statements and consolidated balance sheets. This follows Q3's strong performance, indicating consistent growth for the DAI-centric protocol. [Read the full financial report](https://paragraph.com/@spark-11/spark-q4-2025-financial-report?referrer=0xA45F1D29943D19dff604133287047a35ccbADc8a)
sUSDS Becomes Fastest Growing Asset in Spark Savings as TVL Hits $4.1B

**sUSDS has emerged as the fastest growing asset** within Spark Savings, driving significant growth across the platform. **Key Metrics:** - Total Value Locked (TVL) has **surpassed $4.1 billion** - Platform is hitting **new all-time highs daily** - Represents massive growth from previous milestones **Recent Growth Context:** - Savings V2 TVL previously reached $300M in November - Caps were raised to accommodate demand: USDT 500M, USDC 500M, ETH 100K - Spark now leads across all chains with +$3B in TVL **Platform Features:** - Institutional-grade, non-custodial access - Real-time compounding growth - No platform fees or slippage - Deposit stablecoins or ETH, withdraw anytime in same asset The rapid adoption of sUSDS demonstrates growing institutional and retail demand for yield-generating stablecoin products in the DeFi space.
Spark Hits Multiple All-Time Highs in November

**Spark achieved multiple all-time highs** during November while delivering significant platform updates. The DAI-centric money market protocol continues its growth trajectory, building on previous monthly successes. Key developments included: - Multiple ATH milestones reached - Important platform updates delivered - Continued integration with top DeFi protocols Spark combines **premium liquidity from Maker** with vertical integration across leading DeFi platforms, strengthening the DAI ecosystem.
🔥 Two weeks left

**Spark Season 2 ending soon** - only two weeks remaining to accumulate points. Current stats: - **425+ billion points** distributed - **15,764 active wallets** participating This is your **final opportunity** to stack points before Season 2 concludes. [Start earning points now](https://app.spark.fi/points)