# Spark Morpho Vault is Now Live
We’re excited to share that Nook now supports the **Spark Morpho Vault**. With over **$694M in total deposits**, the Spark Vault has become one of the industry’s leading low-risk money markets - and now everyone on Nook has access. Nook connects you to the highest-earning stablecoin money markets. But it’s not enough to connect once. Nook **programmatically keeps you connected** and we’re **growing the number of available earning sources**. #### Why more earning markets matter With the fed rate cut next week, savings rates will continue to decrease. Traditional savings products like Betterment and Robinhood's 4% Cash APY returns will most likely head below 4% this year and throughout next. Traditional savings products are once again on their heels and becoming less effective. With the **Spark Vault** and **programmatic rebalancing,** users get access to another yield source while ensuring they get the highest available rate. Nook customers can now earn through five money markets. These money markets are based on stablecoin yields, and **their rates are always changing**. Over the past year, the five markets (Seamless Morpho Vault, Moonwell Morpho Vault, Spark Morpho Vault, Moonwell Core and AAVE Core) have averaged 8.3%, 8.0%, 6.4%, 6.1% and 5.4%, APY, respectively. By adding a fifth market, you get more access to (1) larger money markets for larger deposits and liquidity and (2) a higher chance of earning higher yield with rebalancing. Rebalancing has lead to **14.5% increase** in earning rates in the past 365 days. From an average of 8.3% → **9.5% APY over the past 365 days**. #### Why we chose Spark We built Nook to connect you to the **highest and safest** money markets. Spark has steadily earned its reputation. With over **$694M in total deposits**, the Spark Vault on Morpho leads in lending against low-risk crypto and real-world assets (RWAs). It’s curated by **SparkDAO**, which allocates **billions** across DeFi and manages over **$3B** in assets. Spark is based on the **Aave v3** codebase (including the 3.0.1 and 3.0.2 upgrades). **ChainSecurity** completed audits for the SparkLend deployment, including the custom interest-rate strategy for the DAI market and the Savings DAI oracle. You can read the full audit reports on [here](https://docs.spark.fi/dev/security/security-and-audits). #### How to enable Spark As our fifth earning source, you can find Spark in the "Details" page of the Nook app. Simply go to your Dashboard → Details → See all earning sources → Select Spark Morpho → Enabled \[Yes]. From there, after saving, Spark Morpho will now be active as a fifth earning source. Every 24 hours, Nook will evaluate the highest earning market, and automatically rebalance you into that pool. You can always disable it at any time.
#### What comes next We are excited to partner with Spark and Morpho to continue to bring more money markets to your fingertips. But our mission does not stop here. We believe that by being the open source to all of these markets, combined with a powerful rebalancing product and easy design, makes Nook the easiest place to earn. So we plan to continue to add new earnings sources across the financial sector - starting with the Base and Morpho ecosystem. It all comes back to our mission. To **connect you to higher yields**. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.nookapp.xyz/updates/spark-morpho-vault-is-now-live.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.