Spark(@sparkfinance):Total ETH borrowing on SparkLend exceeds 500K ETH, up 12% over the past 30 days. Most of the collateral backing this borrowing is wstETH. Borrowers using wstETH as collateral can enable ETH E-Mode when borrowing ETH. This allows a higher LTV ratio than standard mode, so they can borrow more ETH against the same collateral. The higher limit reflects the close price correlation between wstETH and ETH. Borrowers can use the ETH in staking or other positions. SparkLend borrows have no fixed repayment date, so a position can stay open as long as it remains sufficiently collateralized. Easy borrow markets here 👇

2026.10.19 13:45

Total ETH borrowing on SparkLend exceeds 500K ETH, up 12% over the past 30 days. Most of the collateral backing this borrowing is wstETH. Borrowers using wstETH as collateral can enable ETH E-Mode when borrowing ETH. This allows a higher LTV ratio than standard mode, so they can borrow more ETH against the same collateral. The higher limit reflects the close price correlation between wstETH and ETH. Borrowers can use the ETH in staking or other positions. SparkLend borrows have no fixed repayment date, so a position can stay open as long as it remains sufficiently collateralized. Easy borrow markets here 👇