DeFi lending protocol Spark disclosed that its net protocol returns exceeded $4 million in Q3 2026. After spreads narrowed in the first half and lending margins turned negative in Q2, returns rose above the cost of capital in Q3, driven by growth in Spark Savings USDT. During the same period, Spark partnered with Uniswap and Sky to launch a stablecoin swap layer, seeded with $150 million in USDS, which saw over $14 billion in trading volume in its first month.

$DEFI $USDT #USDC