Spark-Morpho Vault becomes Maker’s largest source of revenue, with annualized fees reaching US$75 million

According to Wu Shuo, according to makerburn data, thanks to Ethena USDe, the Spark-Morpho Vault with a supply of 350 million DAI has become Maker’s largest source of revenue, with an annualized fee of US$75 million. Previously, MakerDAO expanded its direct deposit module debt limit to $1 billion, focusing on investing in Ethena USDe and sUSDe through Morpho Labs’ lending protocol, with an initial allocation of 600 million DAI.