星球日报|Oct 14, 2026 11:54
[First-month transaction volume exceeds $14 billion, Spark's Q3 net protocol revenue surpasses $4 million]
Odaily Planet Daily reports that the DeFi lending protocol Spark disclosed its net protocol revenue exceeded $4 million in Q3 2026. In the first half of the year, the DeFi lending interest margin significantly narrowed, with lending profitability turning negative in Q2. After driving the growth of Spark Savings USDT in Q3, related returns once again exceeded funding costs. During the same period, Spark collaborated with Uniswap and Sky to launch a stablecoin swap layer, initiating with $150 million in USDS liquidity. This service, targeting banks, fintech, and payment companies, achieved a first-month transaction volume exceeding $14 billion.
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