SparkLend

Spark has updated its Season 4 points program to include USDT deposits. **New earning method:** - Deposit USDT into spUSDT: earn 1 point per USDT per day - Over 9,000 wallets already participating **Other S4 earning methods:** - Stake SPK: 3 points per SPK per day - Hold Savings USDS: 2 points per USDS per day - Hold Savings ETH: 50,000 points per ETH per day - Referral boost: 10% of referred points - Loyalty bonus: 10% of Season 3 points - Delegate: 0.5 points This reverses the initial S4 change where USDT deposits earned 0 points. [Join Season 4](https://app.spark.fi/points)

All six Spark Savings vaults now have independent credit ratings from Credora Network, with most rated A- or higher. **What's being assessed:** - Collateral quality - Smart contract maturity - Liquidation parameters - On-chain liquidity depth Ratings are monitored daily and updated within 24 hours of material changes. Users can view these risk ratings directly in the [Spark Savings UI](https://app.spark.fi/).

SparkFi is set to make a significant announcement at Consensus Hong Kong on February 11, 2026. **Key Details:** - Hexonaut will deliver a keynote presentation - Panel discussion featuring Arkis, moderated by Henri Arslanian - Session described as "institutional-grade" - Event is a SparkFi-sponsored session at the major crypto conference The cryptic "Something big is coming" messaging suggests a major product launch or partnership announcement focused on institutional adoption. As a DAI-centric protocol within the MakerDAO ecosystem, SparkFi appears poised to unveil developments that could strengthen its position in institutional DeFi markets. Full agenda details available at [Consensus Hong Kong](https://consensus-hongkong.coindesk.com/agenda/event/-sparkfi-sponsored-session-82).

**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 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.

**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)

The onchain capital allocator market has experienced explosive growth, expanding from $111M to **$10B in total value locked (TVL)** over the past 18 months. **Spark leads the market** across all chains with over $3B in TVL, demonstrating what institutional-grade DeFi protocols can achieve. This represents a **90x growth** in the overall market, highlighting the increasing adoption of onchain capital allocation solutions by institutional and retail users alike. The rapid expansion showcases the maturation of DeFi infrastructure and growing confidence in onchain financial products.

Final week to participate in Pendle Points Season 1, ending August 12, 2025. - Earn points by simply holding YT/PT-USDS positions on Pendle - No additional steps required - Access through [Spark.fi](https://app.spark.fi/points) or [Pendle Finance](https://app.pendle.finance/trade/pools/0xdace1121e10500e9e29d071f01593fd76b000f08) *Note: This crypto-asset marketing communication has not been reviewed by EU authorities. For official documentation, visit [spark.fi/mica](http://spark.fi/mica)*

Spark Protocol introduces three ways to earn yields in 2025: - **SPK Farm**: Users can supply USDS to earn SPK token rewards - **SPK Staking**: Participants stake SPK tokens to earn points and future protocol rewards - **Pendle Campaign**: Holders of PT/YT-USDS earn Spark Points (campaign ends August 12) All features are accessible through [Spark's app interface](http://app.spark.fi). For detailed information and documentation, visit [Spark's MICA page](http://spark.fi/mica). *Note: This offering has not been reviewed by EU regulatory authorities.*

Traditional banking systems continue to face criticism for: - Requiring permissions for personal fund access - Lacking default transparency - Operating with user value extraction models Spark emerges as a decentralized alternative, aiming to address these limitations in traditional banking infrastructure. The protocol integrates with the DAI ecosystem to provide permissionless financial services. *Key Differentiators*: - Direct user control over funds - Default transparency - User-centric value model - Decentralized architecture