SparkLend

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Spark is on a mission to empower the DAI ecosystem. As part of the MakerDAO community.

SparkLend: The DAI centric money market protocol. Combining the best liquidity directly from Maker and vertically integrating with the best DeFi protocols.

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Spark launches new app and domain

Spark launched a new home and experience for its app and website, including a new primary domain, an updated Spark App with a new Borrow experience, direct access to Isolated Markets, and a refreshed website. The redesigned Borrow view unifies SparkLend (cross-collateral borrowing on Ethereum) and Spark Isolated Markets (market-specific borrowing conditions) into a single interface, letting users choose the market structure that fits their position.

  • The new domain is now Spark's primary website, with the updated Spark App accessible through it.
  • The previous official Spark-owned domain remains supported during the transition period.
  • Spark issued a reminder that the new domain is the primary site and the legacy domain will continue to be supported during the transition.

Spark Lending supplies institutional liquidity to Morpho markets

SLL (Spark Lending / the Spark Liquidity Layer) is now providing institutional liquidity directly into Morpho markets. The move aims to bring tighter spreads, deeper liquidity, and better rates for borrowers, while making it easier to see where that liquidity originates.

SPK listed on Bitget PoolX with 450K SPK airdrop

Bitget PoolX has listed SPK, allowing users to lock the token to earn a share of a 450,000 SPK airdrop. Participants stake/keep SPK in the PoolX product to receive airdrop rewards, per a promotional announcement shared by Spark Finance.

Spark joins Ethereum Institutional as supporter

Spark has officially joined Ethereum Institutional (@ethereuminsti) as a supporter. Ethereum Institutional is an independent non-profit focused on accelerating institutional adoption of Ethereum, its L2s, applications, and the broader ecosystem, with activities centered on engagement and ecosystem growth.

Savings USDG earns A risk rating from Credora

Savings USDG received an A risk rating from independent agency Credora. Credora's assessment, done at the point of deposit and monitored daily, puts the Probability of Significant Loss at 0.15% annually for Spark Savings on the Robinhood chain.

SPK buybacks restart with 1.75m USD TWAP

SPK buybacks restarted with $1.75m going out over the next month as a TWAP, according to Spark co-founder Sam. A settlement delay created a backlog of payments that arrived last month; the governance-approved automated buyback algorithm will compensate by increasing its activity.

Spark backs StandX Universal Markets via Liquidity Layer

Spark's Liquidity Layer is routing capital to backing StandX's Universal Markets as they scale on Ethereum. StandX is building toward its SIP-5 Universal Markets across SIP-5A Community Maker Yield and SIP-5B Community Vaults, with Spark providing the composable capital foundation.

Spark expands capital operations across venues and collateral

Spark detailed its July expansion, stretching where its capital operates across new distribution surfaces, execution venues, and new collateral on SparkLend — all against the same balance sheet. Spark also joined Robinhood Earn at launch with Savings USDG, supplying roughly 20% of the chain's yield-backing.