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SparkSavings V2 Launches
Spark is on a mission to simplify DeFi. Savings V2 is the next step in achieving this goal by providing the Spark Universal Savings Rate (SUSR) to all major stablecoins across all major chains. Initially launching with support for USDC, USDT and ETH on Ethereum mainnet, Savings V2 will be progressively rolled out to more chains and stablecoins over the coming months.https://app.spark.fi/ (Snapshot taken Oct 14, 2025)A More Secure Approach to SavingsSpark Savings takes a conservative approach ...
SparkSpark Roadmap: The next 6 months
A look back2025 has been a busy year for Spark. The year started with the launch of the Spark Liquidity Layer (SLL). This cross-chain, multi-asset allocation system enables Spark to access new lending opportunities, such as the Coinbase BTC Borrow product, which now supports $500 million of onchain loans directly to Coinbase users on Base. Coinbase kicked things off, but it is expected that most exchanges/fintechs will follow suit as the world races to get onchain. This is due to the cheap ca...
SparkSpark Q4 2025 Financial Report
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SparkSavings V2 Launches
Spark is on a mission to simplify DeFi. Savings V2 is the next step in achieving this goal by providing the Spark Universal Savings Rate (SUSR) to all major stablecoins across all major chains. Initially launching with support for USDC, USDT and ETH on Ethereum mainnet, Savings V2 will be progressively rolled out to more chains and stablecoins over the coming months.https://app.spark.fi/ (Snapshot taken Oct 14, 2025)A More Secure Approach to SavingsSpark Savings takes a conservative approach ...
SparkSpark Roadmap: The next 6 months
A look back2025 has been a busy year for Spark. The year started with the launch of the Spark Liquidity Layer (SLL). This cross-chain, multi-asset allocation system enables Spark to access new lending opportunities, such as the Coinbase BTC Borrow product, which now supports $500 million of onchain loans directly to Coinbase users on Base. Coinbase kicked things off, but it is expected that most exchanges/fintechs will follow suit as the world races to get onchain. This is due to the cheap ca...
SparkSpark Q4 2025 Financial Report
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Coinbase’s crypto-backed loans (built on Morpho’s infrastructure) are powered by USDC liquidity from Spark. This integration gives Coinbase users a simple way to borrow USDC against their BTC directly within the Coinbase app, while Spark provides the onchain capital behind the scenes.
Fully Onchain Loans, Seamless UX
The borrowing process is simple: users select their collateral, review terms, and receive USDC into their account in just a few clicks. Everything runs onchain through Morpho, while Coinbase retains full control of the user experience.
Spark supplies the liquidity, making funds available when users borrow. Repayments are flexible, and rates remain competitive thanks to the efficiency of onchain execution.
Elastic, Programmatic Liquidity
Spark acts as the liquidity engine behind this integration. Through the Spark Liquidity Layer, capital flows programmatically where it's needed, without intermediaries..
Liquidity is elastic: as demand grows, Spark can allocate more USDC into Morpho markets. This ensures scalability and makes it possible for institutions to offer lending products at size.
This approach has proven effective. Since launch (January 2025), allocated USDC has grown rapidly, reaching over $600 million and continuing to climb:
The chart shows consistent and accelerating demand for onchain loans powered by Spark. It’s a clear signal of product-market fit and infrastructure reliability.
Any Platform Can Build This
This model is modular: Morpho provides the lending protocol, Coinbase delivers the user experience, and Spark powers the liquidity.
Other exchanges, wallets, or fintechs can adopt the same approach. Build the front end, integrate with an open protocol like Morpho, and tap into Spark for deep, reliable capital.
Spark is here to power the next generation of onchain financial products, securely and at scale.
Coinbase’s crypto-backed loans (built on Morpho’s infrastructure) are powered by USDC liquidity from Spark. This integration gives Coinbase users a simple way to borrow USDC against their BTC directly within the Coinbase app, while Spark provides the onchain capital behind the scenes.
Fully Onchain Loans, Seamless UX
The borrowing process is simple: users select their collateral, review terms, and receive USDC into their account in just a few clicks. Everything runs onchain through Morpho, while Coinbase retains full control of the user experience.
Spark supplies the liquidity, making funds available when users borrow. Repayments are flexible, and rates remain competitive thanks to the efficiency of onchain execution.
Elastic, Programmatic Liquidity
Spark acts as the liquidity engine behind this integration. Through the Spark Liquidity Layer, capital flows programmatically where it's needed, without intermediaries..
Liquidity is elastic: as demand grows, Spark can allocate more USDC into Morpho markets. This ensures scalability and makes it possible for institutions to offer lending products at size.
This approach has proven effective. Since launch (January 2025), allocated USDC has grown rapidly, reaching over $600 million and continuing to climb:
The chart shows consistent and accelerating demand for onchain loans powered by Spark. It’s a clear signal of product-market fit and infrastructure reliability.
Any Platform Can Build This
This model is modular: Morpho provides the lending protocol, Coinbase delivers the user experience, and Spark powers the liquidity.
Other exchanges, wallets, or fintechs can adopt the same approach. Build the front end, integrate with an open protocol like Morpho, and tap into Spark for deep, reliable capital.
Spark is here to power the next generation of onchain financial products, securely and at scale.
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