Over $725M of WETH is currently borrowed from SparkLend. Current market conditions: • $725M WETH borrowed • 70.7% utilization • 1.81% WETH borrow rate The interesting part isn't the borrow volume. It's that borrowing costs remain below 2% even with hundreds of millions of dollars of active demand

Over $725M of WETH is currently borrowed from SparkLend. Current market conditions: • $725M WETH borrowed • 70.7% utilization • 1.81% WETH borrow rate The interesting part isn't the borrow volume. It's that borrowing costs remain below 2% even with hundreds of millions of dollars of active demand

SparkLend reports $725M WETH borrowed, maintains low rates below 2%