Spark, the lending arm of the Sky ecosystem (the project formerly known as MakerDAO), has rolled out a redesigned platform at spark.finance that merges its two core borrowing products into one unified experience. The update brings SparkLend and Spark Isolated Markets under a single roof called Spark Borrow, giving users a consolidated view of their positions across both lending venues.
What’s actually new
The updated app surfaces real-time metrics across both of Spark’s borrowing products. SparkLend, the protocol’s flagship Ethereum-based cross-collateral lending market, currently holds $4.65B in TVL with $6.82B in available liquidity and $2.13B actively borrowed.
Then there are the Isolated Markets, which operate as independent-risk borrowing venues built on Morpho infrastructure. These markets have accumulated curated capital exceeding $157.1M. Add it all up and Spark’s protocol-wide TVL clears $7.96B.
The consolidated Spark Borrow interface lets users manage portfolio health factors and monitor positions across both pooled and isolated-risk products without bouncing between separate dashboards. The underlying lending mechanics, risk parameters, and governance structures remain unchanged.
