SparkLend, the lending arm of the Spark ecosystem, has seen its total market size surge 55% since the start of the year to reach $7.39 billion in September. According to DefiLlama, the actual TVL stands at approximately $4.96 billion, making it the third-largest decentralized lending protocol tracked by the platform. Between May and September 2026, the protocol added over $1.3 billion in locked value. The protocol has decided to fully deprecate its Gnosis Chain deployment as of September 14, 2026 due to low usage and cost inefficiencies on that chain.
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