As of today, the DAI Direct Deposit Module deployed to Spark’s MetaMorpho vault has allocated 300 million DAI to its sUSDe/DAI and USDe/DAI markets on Morpho Blue. Here are some highlights and key metrics: • The recent rise in the Debt Ceiling has allowed for a deployment at an all-time high of 300 million, up to a maximum of $1 billion. • The largest market, representing the USDe/DAI LLTV at 86%, has over ~$151.21 million deposited and ~$135.26 million borrowed. • The D3M to Morpho is the second-highest annual revenue generator within MakerDAO. Based on Morpho’s current deposit APY, Maker is projecting over ~$57 million DAI in annual fees, trailing only the Spark D3M. • Since its inception, the Spark's MetaMorpho vault, which has $300 million in DAI deposited, has helped Morpho Blue exceed the $1 billion milestone in total deposits. 🦋 The performance of the eight vault types will be continuously monitored, and the @blockanalitica team will make any recommendations for allocation adjustments. These recommendations will depend on maintaining an optimal balance between risk and return, and ensuring that the overall exposure remains within sustainable limits.

Explore the current numbers from the different vault types here ↓ • https://t.co/WpwzTQJjOi • https://t.co/PIkcB712rb https://t.co/VHOhCwfZSu