SparkLend USDT Utilization Nears 96%, With $11.95 Million Available
Edited by Steinar Vigdel Kolnes, Editor, Oslo
SparkLend had $11.95 million in USDT available as utilization hovered near 96%, with supplier yields around 6.9% APY and borrowing costs near 7.70% APR.
SparkLend’s available USDT liquidity stood at $11.95 million, with utilization close to 96%, according to The Defiant.
USDT suppliers were receiving approximately 6.9% in annual percentage yield. Borrowers, meanwhile, faced an annual percentage rate of about 7.70%.
The figures followed a tightening of liquidity earlier in the week, leaving most of the pool’s supplied USDT in use.
Source: The Defiant
