Borrow

Spark offers two complementary ways to borrow against your assets. Both are available from the Borrow menu in the app, and both let you keep exposure to your collateral while unlocking liquidity from it.

SparkLend

SparkLend is Spark's permissionless, pool-based money market. You supply assets into shared liquidity pools, use them as collateral, and borrow other listed assets against them. SparkLend has always been operated conservatively — a narrow collateral set, multi-oracle pricing, strict rate limits, and first-loss capital.

Use SparkLend when you want to:

• Supply a broad set of assets that earn yield while serving as collateral.
• Borrow against multiple collateral types in a single shared position.
• Use the Borrow Stablecoins easy-borrow flow, E-Mode, and other pooled-market features.

Start with the SparkLend overview or the SparkLend Guides.

Isolated Markets

Isolated Markets bring Morpho's isolated lending markets into the Spark app. Each market is a self-contained pair: one collateral asset and one loan asset, with its own oracle, liquidation parameters, and interest rate model. Risk in one market never spills into another.

Use Isolated Markets when you want to:

• Borrow against a single collateral asset in a market with its own dedicated parameters.
• Access higher, market-specific loan-to-value ratios than a pooled market typically offers.
• Take large borrows that can be sourced on demand from other Morpho markets through the Public Allocator.

Isolated Markets are powered by Morpho. Start with the Isolated Markets overview or the Isolated Markets Guides.

Which should I use?

Both products require onchain transactions, so you pay the standard network fees of the chain you transact on.