SparkLend

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.

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)

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 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 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.

Spark Liquidity Layer has introduced $100 million in stablecoin liquidity to the Base network, marking a significant development in the ecosystem. This follows SwapBased's recent achievement of $58M in trading volume on Base. Key points: - $100M stablecoin liquidity now available on Base - SwapBased LPs enabled $58M+ trading volume - ~$130,000 annual trading fees at 100% APR - Integration opportunities available for developers This liquidity injection strengthens Base's DeFi infrastructure and provides enhanced trading opportunities for users. *Want to learn more about integration? Check the detailed documentation in the blog post.*

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.

Spark Protocol has increased its USDS liquidity deployment to Aave's Lido market by 24.9 million USDS, responding to heightened market activity. This follows a previous 25 million USDS deployment through the USDS Direct Deposit Module. Key points: - Total deployment now reaches ~50 million USDS - Current utilization rate exceeded 80% - 12.3 million USDS remains available for borrowing - Aims to enhance borrowing capacity and offer competitive rates For detailed information, visit the Sky Governance Forum.

SparkLend on Ethereum Mainnet continues to show significant growth in Q1 2024: - Total supplied assets reach **$5.86 billion** - Available liquidity stands at **$4.15 billion** - Borrowings total **$1.72 billion** Notable milestone: ETH/WETH becomes the third asset to surpass **$1 billion** in supplied value. This represents substantial growth from late 2023, when supplied assets were around $5 billion with $3.22 billion in liquidity. Visit the BA Labs dashboard for real-time metrics: spark.blockanalitica.com

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.