The Spark Liquidity Layer once again allocates more than $3B in assets. That capital spans SparkLend, @Morpho vaults, @Uniswap pools and tri-party loans with @Anchorage. At that scale, what matters is who moves the capital and what limits they work within. Governance approves each venue by setting its rate limit. Smart contracts enforce it, capping how fast capital moves. Relayers execute allocations within those bounds, and a separate freezer role can remove a compromised relayer immediately. Spark keeps allocation authority inside limits anyone can verify.

Beware of accounts impersonating Spark and contributing team members. Scam accounts are posting fake links in the replies to our posts, and we expect this to grow. We try report every one we find, but some stay up before they are removed. Spark, its founders, and the core contributing team will never DM you first or tag you with a link. We will never ask for your seed phrase or private keys. Reminder to only use links from Spark's official channels below: Website: spark.finance Docs: docs.spark.finance X: @sparkfinance LinkedIn: linkedin.com/company/sparkfi… Discord: discord.gg/sparkfinance YouTube: youtube.com/@spark.finance Telegram: @sparkfinance_chat The official domain is spark.finance and its subdomains. Spark also owns the legacy spark.fi domain, which redirects to spark.finance. Any other domain is not Spark.

Spark made more than $4M in net protocol returns in Q3. Every month of 2026, Spark's revenue model kept working. And 2026 has been a hard year. DeFi lending spreads compressed sharply in the first half, and the margin on lent capital went negative in Q2. But the machine kept going through all of it. Here’s why: → More than one way to earn: Spark earns from several sources, so when one gets squeezed the business holds. → The Spark Liquidity Layer: Spark borrows from @SkyEcosystem at a base rate and deploys that capital across DeFi, keeping the difference. Spark Savings USDT deposits run through it too. After a planned push to grow Savings USDT, returns moved back above funding costs in Q3. → Risk first: capital only goes to approved venues, with caps on how much can move and how fast. Capital is held against risk, and liquidity stays ready for withdrawals. → More ways in: Savings now runs on more chains and stablecoins, including through @okx and USDT0 on @Arbitrum. → New products: the Stablecoin FX Layer, built with @Uniswap and Sky, launched with $150M in USDS liquidity so banks, fintechs and payment companies can swap between stablecoins through one shared pool. Trade volume passed $14B in the first month. That’s what battle tested means. Several engines, all built to keep earning when conditions turn. Narratives rotate. Most fade. What lasts is the protocol still earning when attention moves on. Nine months into 2026. Still earning.

Spark Savings USDT outpaced major DeFi protocols in USDT deposit growth over the past week. USDT deposits have now well surpassed $700M, up approximately 47%. Savings USDT vault currently offers 3.75% APY with yield accruing automatically to the USDT value of each savings position. Through the Spark Liquidity Layer, capital is allocated across governance approved venues. Spark can adjust those allocations as opportunities and liquidity needs change. Depositors can access different sources of yield through a single savings position, without having to move funds between protocols themselves. Deposit USDT into Savings: app.spark.finance/savings/ma…

$21M in 16 hours! When savings are built into the apps people already use, deposits follow.

Sky and Spark being mentioned by institutions alongside Ethereum, Solana, Hyperliquid, and Bitcoin. Let that sink in. Among the biggest names in crypto, two DeFi protocols are commanding this level of institutional attention. And it’s no coincidence. Institutions understand where risk is managed effectively, where capital can be deployed efficiently, and which infrastructure is built to scale.

If you saw yesterday’s whale alert, the pattern is becoming harder to miss. USDT is flowing into Spark.⚡️

Spark replenishes USDS liquidity in SparkLend after large borrows. In the past 90 days, SparkLend recorded 222 borrows of at least 5M USDS. In 88% of cases, the borrow rate returned to no more than 0.1bp above its pre-borrow level within two minutes. Spark Liquidity Layer supply closed the gap in all but three cases. Borrower repayments closed the other three. Borrows of at least 10M USDS followed a similar pattern. 84% recovered within two minutes, with a median recovery time of 60 seconds. A large draw can push up costs for other borrowers in the same market until new supply or repayments lower utilization. Spark allocates capital against target rates, within configured limits. For institutions and other large borrowers, Spark’s allocation layer helps bring borrowing costs back down after a large draw.

Spark Savings V2 approaches $1B. Total deposit balances grew 27.5% over the past month. USDT grew nearly 70% to more than $600M, accounting for 60% of the total. Lending markets and RWAs can have different redemption timelines. Managing savings means coordinating those positions with liquidity available when depositors request withdrawals. Spark handles this through the Spark Liquidity Layer, which deploys capital across DeFi, CeFi and RWAs. Liquidity buffers support redemptions, and in supported vaults, depositors can use Savings Liquidity Intents to request withdrawals that exceed the vault's immediately available funds. Savings V2 currently offers up to 3.8% APY on stablecoins. Stable in, yield out. Deposit into Spark Savings.⚡️ app.spark.finance/savings/ma…

WALLET MOVES 150M $USDT FROM @aave TO SPARK SAVINGS The Oct. 5–6 moves coincided with double-digit borrowing rates. On Oct. 8, @aave’s $USDT reserve had $169.54 million available for withdrawals against $2.71 billion supplied. Read more here: thedefiant.io/news/defi/wall…

Stablecoin Wars: Liquidity Is the Battleground Fintechs, exchanges and banks all face the same choice when launching a stablecoin: build adoption from scratch, or scale fast with partners who have already proven the model. That's where Spark comes in.

Spark's sUSDC on @Arbitrum now holds over $300M in total assets. It is the first known USDC savings vault on Arbitrum to reach this milestone. Total assets grew more than 20% over the past 30 days, driven primarily by over $50M in net USDC deposits. More than 90% of the sUSDC held in July remains at the same addresses. The vault uses Spark's PSM to convert USDC into sUSDS on entry and back into USDC on exit. An oracle relays savings rate data from @Skyecosystem to Arbitrum, allowing the conversion rate to reflect accrued yield. New deposits on Arbitrum are building on a savings base that has largely stayed in place. Deposit USDC into Savings on Arbitrum: app.spark.finance/savings/ar…