Spark(@sparkfinance):USDS borrowing on SparkLend surpassed $800M, up 64% in 30 days. This alone is a new ATH. Utilization moved from 62% to 65.6% on $1.3B supplied. wstETH is the largest collateral behind USDS debt at roughly ~$900M. Borrowers are converting ETH exposure into stablecoin liquidity while the position stays open. Borrow USDS:

Spark

@sparkfinance

Spark is the allocation intelligence layer for digital finance, coordinating capital across DeFi, CeFi & RWAs. Institutional Capital | Intelligently Allocated.

Joined February 2023

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Spark@sparkfinance

2026.09.17 10:50

USDS borrowing on SparkLend surpassed $800M, up 64% in 30 days. This alone is a new ATH. Utilization moved from 62% to 65.6% on $1.3B supplied. wstETH is the largest collateral behind USDS debt at roughly ~$900M. Borrowers are converting ETH exposure into stablecoin liquidity while the position stays open. Borrow USDS: