SparkLendSpark Savings expands to OneKey, sets new deposit records
Spark Savings is live inside OneKey HQ, letting users earn yield on USDT and USDC while keeping self-custody, capping an October expansion push. Deposits on OKX's X Layer passed $100M and total USDT deposits passed $700M during the month.
- OneKey's integration uses governance-approved allocations with defined risk controls, plus extra incentives on top of standard rates.
- On SparkLend, October set record deposit months for ETH and BTC — ETH deposits and borrowing both hit all-time highs, and BTC collateral passed 10% of assets supplied.
- The Spark Liquidity Layer allocated more than $3B in assets again, including $400M+ USDC supplied to a Morpho cbBTC/USDC market on Base.
- Spark frames the month as one of distribution and collateral growth, offering "yield without cutting corners" through its governance and risk framework.
Sources
- October was about distribution and collateral. Spark Savings expanded to new apps and chains. It went live in @OneKeyHQ and passed $100M in deposits on @okx X Layer. USDT deposits also passed $700M. On SparkLend, ETH and BTC both had a record month. ETH deposits and ETH https://t.co/Ilev7bJ9A4x.com ↗
- October was about distribution and collateral. Spark Savings expanded to new apps and chains. It went live in @OneKeyHQ and passed $100M in deposits on @okx X Layer. USDT deposits also passed $700M. On SparkLend, ETH and BTC both had a record month. ETH deposits and ETH https://t.co/N4BMHxT7lKx.com ↗
- Spark Savings is now live in @OneKeyHQ. Earn on your USDT and USDC without leaving self-custody, with governance-approved allocations, defined risk controls and extra incentives for OneKey users. Yield without cutting corners.👇 https://t.co/wAu1NAGEXQx.com ↗
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SparkLend: The DAI centric money market protocol. Combining the best liquidity directly from Maker and vertically integrating with the best DeFi protocols.
