SparkLend USDT pool can borrow liquidity of 11.95 million USD, with a utilization rate close to 96%

According to The Defiant, the USDT market of the MakerDAO ecosystem lending protocol SparkLend currently has a borrowable liquidity of 11.95 million dollars, with a utilization rate maintained at around 96%. Earlier this week, the liquidity in this market tightened.

In terms of interest rates, the current annualized yield for USDT depositors is approximately 6.9%, while borrowers are subject to an annualized borrowing rate of about 7.7%.