Hassan Maishera
On Thursday, Aave Labs announced via X that Aave is now integrated with Spark's Liquidity Layer, bringing up to $1.5 billion in stablecoin liquidity to the Core, Prime, and Base markets.
This integration will improve liquidity conditions, stablecoin rates, and the overall experience for Aave's millions of users. The Spark Liquidity Layer injects USDS and USDC liquidity into Aave, which stabilizes rates for lenders and borrowers. If borrowing rates rise in one market, the SLL dynamically rebalances its liquidity to ensure optimal market conditions.
Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $316.89 per token, up 5% in the last 24 hours.
