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SparkLend loans surge 190% as DeFi lending market shrinks 30%

Verifying
  • SparkLend expanded its active lending portfolio to approximately $2.9 billion.
  • USDS borrowing rose from $188 million to $917 million, driving nearly half the increase.
  • Spark allocated $210 million for BTC-collateralized loans, with $150 million deployed.
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