SparkLend Ethereum loan balance increased 47.1%, overtaking Morpho Blue
Original headline스파크렌드 이더리움 대출잔액 47.1% 늘어 모포 블루 제쳤다
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SparkLend's Ethereum loan book grew 47.1% to $2.64 billion between July 29 and October 27, overtaking Morpho Blue, according to WalleDAO. Morpho Blue's loan balance rose 29% to $2.48 billion over the same period, while Aave V3 Core also expanded. The increase reflects both borrowers migrating existing debt from other platforms and new borrowing, marking a shift in the competitive landscape among Ethereum lending protocols. Loan balances are distinct from deposits and period volume, so the figures signal sustained credit demand rather than transient flows. Watch whether SparkLend holds its lead over Morpho Blue and how Aave V3 Core's growth rate compares in the next read.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
SparkLend, Morpho Blue, Ethereum (ETH), Aave V3, WalleDAO
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