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.