Lowkey
@sparkdotfi is becoming the Stripe of onchain liquidity.
- Building a stablecoin FX layer with
@Uniswap with shared FX depth to scale newly launched stablecoins from day one
- Routing USDS yield for USDG in
@RobinhoodApp Earn through Spark Savings USDG (spUSDG). Before that, Spark Savings is also live on
@BitGo,
@Gate
- SparkLend is the biggest $wstETH lending market in DeFi. $wBTC supply, $ETH borrowed on SparkLend hit ATH
- Spark Prime serves institutional crypto borrowers like
@Anchorage
Protocol surplus is used to buy back $SPK. So far, 81M $SPK has been bought back at an average price of $0.022.