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Spark deposit scale approaches 4.5 billion USD, continuously hitting new record highs

WuSaidBlockchainW
Wu Shuo learned that, according to Blockworks data, the lending protocol Spark deposits have approached $4.5 billion and have continued to set new highs. Among them, deposits have increased by more than $1 billion since the rsETH incident at the end of April. Currently, more than 50% of Spark deposits are in USDS.
SPK-7.97%
USDS0.03%
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BridgeHopster
· 12h ago
Waiting for settlement data, high deposits are a good thing, but health is more important.
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OtcMoonwalker
· 12h ago
4.5 billion now, the Maker ecosystem is indeed stable this time, and the DAI narrative is still ongoing.
View OriginalReply0
Post-RainTvl
· 12h ago
Over 50% is USDS, showing that everyone still trusts Maker’s stablecoin and isn’t mindlessly chasing Dogecoin.
View OriginalReply0
EveningBreezeBorrower
· 12h ago
The competition between Spark and Aave is becoming more and more interesting, with depositors starting to follow.
View OriginalReply0
RouterRunner
· 12h ago
Over 1 billion in incremental growth in just over a month; traditional finance would be speechless at this speed.
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DegenWithNotebook
· 12h ago
That matter with rsETH, I thought it was going to collapse, but deposits actually increased. Is this DeFi's antifragility?
View OriginalReply0

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