Weekly Update (8/1/25 - 8/7/25)
Anthias Labs would like to provide an update on market performance over the past week for Core markets on Base, Optimism, Moonbeam, and Moonriver. Data from 8/1/25 to 8/7/25. More information can be found on our monitoring dashboard.
Base
| Asset | Current Borrow Cap | Current Supply Cap | Average Borrow Cap Usage (Past Week) | Average Supply Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|---|---|
| USDC | 184.00M | 200.00M | 36.89% | 37.69% | 90.04% |
| USDS | 690.00K | 750.00K | 2.66% | 2.74% | 89.16% |
| WETH | 64.00K | 96.00K | 39.79% | 29.83% | 88.94% |
| EURC | 21.00M | 21.90M | 15.25% | 18.71% | 78.26% |
| DAI | 300.00K | 400.00K | 6.51% | 7.86% | 62.11% |
| AERO | 25.00M | 70.00M | 36.72% | 36.92% | 35.55% |
| tBTC | 36.00 | 90.00 | 6.93% | 10.71% | 25.93% |
| LBTC | 38.00 | 95.00 | 30.68% | 51.90% | 23.66% |
| VIRTUAL | 2.30M | 4.50M | 20.18% | 44.47% | 23.17% |
| WELL | 75.00M | 220.00M | 41.57% | 74.60% | 18.99% |
| cbBTC | 640.00 | 1.50K | 19.81% | 49.04% | 17.23% |
| cbXRP | 500.00K | 2.00M | 37.14% | 59.07% | 15.80% |
| USDbC | 1.00 | 1.00 | 151.54K% | 1.01M% | 15.04% |
| MORPHO | 1.00M | 6.00M | 56.90% | 75.95% | 12.84% |
| cbETH | 6.40K | 16.00K | 1.47% | 17.12% | 3.42% |
| wstETH | 4.80K | 14.40K | 3.48% | 39.70% | 2.91% |
| weETH | 700.00 | 4.00K | 8.03% | 54.24% | 2.61% |
| rETH | 900.00 | 2.60K | 1.75% | 49.52% | 1.23% |
| wrsETH | 430.00 | 1.00K | 0.05% | 15.13% | 0.14% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| USDC | +10% from 67.64M USDC to 74.27M USDC | +10% from 74.78M USDC to 82.31M USDC | -0% from 90.44% to 90.23% |
| USDS | -32% from 19.81K USDS to 13.42K USDS | -28% from 22.27K USDS to 16.00K USDS | -6% from 88.93% to 83.83% |
| WETH | -21% from 26.42K WETH to 20.87K WETH | -21% from 29.66K WETH to 23.38K WETH | +0% from 89.07% to 89.27% |
| EURC | -25% from 3.83M EURC to 2.89M EURC | -20% from 4.27M EURC to 3.41M EURC | -6% from 89.76% to 84.78% |
| DAI | +4% from 18.92K DAI to 19.62K DAI | +0% from 31.40K DAI to 31.46K DAI | +3% from 60.26% to 62.36% |
| AERO | -10% from 9.44M AERO to 8.49M AERO | +2% from 26.49M AERO to 27.02M AERO | -12% from 35.65% to 31.43% |
| tBTC | +25% from 2.60 tBTC to 3.26 tBTC | -7% from 10.18 tBTC to 9.42 tBTC | +36% from 25.53% to 34.60% |
| LBTC | -3% from 11.79 LBTC to 11.43 LBTC | -9% from 50.24 LBTC to 45.77 LBTC | +6% from 23.48% to 24.96% |
| VIRTUAL | +7% from 473.04K VIRTUAL to 503.87K VIRTUAL | -4% from 2.14M VIRTUAL to 2.05M VIRTUAL | +11% from 22.14% to 24.60% |
| WELL | +17% from 28.89M WELL to 33.71M WELL | +6% from 157.86M WELL to 167.56M WELL | +10% from 18.30% to 20.12% |
| cbBTC | +0% from 132.18 cbBTC to 132.65 cbBTC | +1% from 736.27 cbBTC to 742.17 cbBTC | -0% from 17.95% to 17.87% |
| cbXRP | +16% from 175.83K cbXRP to 204.24K cbXRP | +32% from 1.00M cbXRP to 1.32M cbXRP | -12% from 17.58% to 15.47% |
| USDbC | -1% from 1.52K USDbC to 1.51K USDbC | -0% from 10.08K USDbC to 10.07K USDbC | -1% from 15.07% to 14.99% |
| MORPHO | +25% from 542.13K MORPHO to 680.31K MORPHO | +47% from 4.09M MORPHO to 6.00M MORPHO | -14% from 13.26% to 11.34% |
| cbETH | -32% from 98.64 cbETH to 66.91 cbETH | -12% from 2.78K cbETH to 2.45K cbETH | -23% from 3.54% to 2.73% |
| wstETH | -45% from 208.17 wstETH to 113.57 wstETH | -9% from 5.86K wstETH to 5.35K wstETH | -40% from 3.55% to 2.12% |
| weETH | -8% from 44.56 weETH to 41.18 weETH | +21% from 2.25K weETH to 2.72K weETH | -23% from 1.98% to 1.52% |
| rETH | -22% from 20.17 rETH to 15.68 rETH | -2% from 1.29K rETH to 1.27K rETH | -21% from 1.56% to 1.24% |
| wrsETH | 0% from 0.21 wrsETH to 0.21 wrsETH | -1% from 151.67 wrsETH to 150.14 wrsETH | +1% from 0.14% to 0.14% |
Notable Trends
- cbXRP supply increased 32% from 1.00M to 1.32M cbXRP
- Morpho supply increaed 47% from 4.09M to 6.00M MORPHO
- wstETH borrows decreased 45% from 208.17 to 113.57 wstETH
Liquidations
- Total liquidations: 76
- Total Collateral Seized (USD): $166,535.77
- Total Debt Repaid (USD): $151,396.16
- Total Liquidation Bonus (USD): $15,139.62
- Total Liquidator Bonus (USD): $10,597.73
- Total Protocol Bonus (USD): $4,541.88
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| USDC | 56,676.294388 | $56,663.96 | $51,512.69 | $5,151.27 | $3,605.89 | $1,545.38 | 13 |
| AERO | 58,180.786700 | $43,209.39 | $39,281.26 | $3,928.13 | $2,749.69 | $1,178.44 | 18 |
| cbXRP | 7,654.142200 | $22,509.03 | $20,462.76 | $2,046.28 | $1,432.39 | $613.88 | 5 |
| WELL | 788,061.104000 | $21,844.29 | $19,858.45 | $1,985.84 | $1,390.09 | $595.75 | 8 |
| WETH | 3.588529 | $12,412.91 | $11,284.47 | $1,128.45 | $789.91 | $338.53 | 17 |
| cbBTC | 0.047834 | $5,448.59 | $4,953.26 | $495.33 | $346.73 | $148.60 | 5 |
| MORPHO | 1,278.998000 | $2,228.12 | $2,025.56 | $202.56 | $141.79 | $60.77 | 2 |
| wstETH | 0.294369 | $1,306.80 | $1,188.00 | $118.80 | $83.16 | $35.64 | 1 |
| cbETH | 0.124298 | $470.31 | $427.55 | $42.76 | $29.93 | $12.83 | 2 |
| VIRTUAL | 266.230370 | $303.36 | $275.78 | $27.58 | $19.30 | $8.27 | 2 |
| wrsETH | 0.028990 | $107.55 | $97.77 | $9.78 | $6.84 | $2.93 | 1 |
| tBTC | 0.000153 | $17.21 | $15.64 | $1.56 | $1.09 | $0.47 | 1 |
| LBTC | 0.000123 | $14.24 | $12.95 | $1.29 | $0.91 | $0.39 | 1 |
Optimism
| Asset | Current Borrow Cap | Current Supply Cap | Average Borrow Cap Usage (Past Week) | Average Supply Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|---|---|
| USDT0 | 8.00M | 10.00M | 21.90% | 19.49% | 89.88% |
| USDC | 34.00M | 36.40M | 28.00% | 29.15% | 89.70% |
| WETH | 30.00K | 32.00K | 24.50% | 25.62% | 89.67% |
| DAI | 4.50M | 4.80M | 8.87% | 9.29% | 88.91% |
| USDT | 18.40M | 22.60M | 2.31% | 2.15% | 86.76% |
| wrsETH | 160.00 | 400.00 | 2.35% | 9.25% | 10.16% |
| OP | 650.00K | 5.60M | 23.64% | 44.50% | 6.16% |
| VELO | 20.00M | 68.00M | 13.25% | 64.58% | 6.03% |
| wstETH | 1.50K | 5.00K | 3.69% | 18.90% | 5.86% |
| rETH | 340.00 | 750.00 | 1.76% | 15.96% | 5.01% |
| WBTC | 0.00 | 0.00 | 0.00% | 0.00% | 4.32% |
| weETH | 220.00 | 1.20K | 10.04% | 100.01% | 1.84% |
| cbETH | 0.00 | 10.00 | 0.00% | 9.00% | 0.02% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| USDT0 | -26% from 2.03M USDT0 to 1.50M USDT0 | -25% from 2.25M USDT0 to 1.68M USDT0 | -1% from 90.33% to 89.57% |
| USDC | +3% from 9.34M USDC to 9.62M USDC | +3% from 10.44M USDC to 10.74M USDC | +0% from 89.44% to 89.62% |
| WETH | +9% from 6.95K WETH to 7.54K WETH | +9% from 7.74K WETH to 8.41K WETH | -0% from 89.75% to 89.62% |
| DAI | +73% from 271.10K DAI to 469.75K DAI | +57% from 328.68K DAI to 517.54K DAI | +10% from 82.48% to 90.77% |
| USDT | +86% from 255.27K USDT to 474.15K USDT | +64% from 321.26K USDT to 528.10K USDT | +13% from 79.46% to 89.78% |
| wrsETH | -6% from 3.90 wrsETH to 3.65 wrsETH | -8% from 38.72 wrsETH to 35.67 wrsETH | +2% from 10.08% to 10.24% |
| OP | -32% from 179.75K OP to 121.63K OP | -3% from 2.55M OP to 2.47M OP | -30% from 7.06% to 4.92% |
| VELO | +7% from 2.72M VELO to 2.92M VELO | -2% from 43.42M VELO to 42.77M VELO | +9% from 6.27% to 6.82% |
| wstETH | -22% from 68.88 wstETH to 53.96 wstETH | -13% from 1.05K wstETH to 908.89 wstETH | -10% from 6.57% to 5.94% |
| rETH | +13% from 5.76 rETH to 6.49 rETH | +4% from 115.66 rETH to 120.56 rETH | +8% from 4.98% to 5.38% |
| WBTC | 0% from 0.00 WBTC to 0.00 WBTC | 0% from 0.07 WBTC to 0.07 WBTC | +0% from 4.32% to 4.32% |
| weETH | +2% from 21.70 weETH to 22.24 weETH | +0% from 1.20K weETH to 1.20K weETH | +2% from 1.81% to 1.85% |
| cbETH | 0% from 0.00 cbETH to 0.00 cbETH | 0% from 0.90 cbETH to 0.90 cbETH | 0% from 0.02% to 0.02% |
Notable Trends
- USDT supply increased 64% from 321.26K to 528.10K USDT
- USDT borrows increased 86% from 255.27K to 474.15K USDT
- DAI supply increased 57% from 328.68K to 517.54K DAI
- DAI borrows increased 73% from 271.10K to 469.75K DAI
Liquidations
- Total liquidations: 9
- Total Collateral Seized (USD): $24,941.26
- Total Debt Repaid (USD): $22,673.87
- Total Liquidation Bonus (USD): $2,267.39
- Total Liquidator Bonus (USD): $1,587.17
- Total Protocol Bonus (USD): $680.22
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| OP | 38,562.253490 | $24,616.75 | $22,378.86 | $2,237.89 | $1,566.52 | $671.37 | 2 |
| wstETH | 0.032129 | $137.60 | $125.09 | $12.51 | $8.76 | $3.75 | 1 |
| USDT0 | 81.090790 | $81.06 | $73.69 | $7.37 | $5.16 | $2.21 | 4 |
| VELO | 1,649.840000 | $75.56 | $68.69 | $6.87 | $4.81 | $2.06 | 1 |
| WETH | 0.008661 | $30.29 | $27.53 | $2.75 | $1.93 | $0.83 | 1 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 6617.67M% | 60.91% |
| xcUSDC | 0.10 | 98.37M% | 59.13% |
| xcUSDT | 0.10 | 83.36M% | 45.55% |
| USDC_wh | 0.10 | 41.54M% | 33.58% |
| BTC_wh | 0.10 | 99.99% | 8.22% |
| xcDOT | 0.10 | 23.15M% | 100% |
| ETH_wh | 0.10 | 1.27K% | 2.68% |
| FRAX | 0.10 | 450.32K% | 44.90% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +1% from 6.60M GLMR to 6.64M GLMR | -3% from 11.02M GLMR to 10.69M GLMR | +4% from 59.88% to 62.10% |
| xcUSDC | -1% from 98.76K xcUSDC to 98.03K xcUSDC | -2% from 169.18K xcUSDC to 165.44K xcUSDC | +2% from 58.38% to 59.26% |
| xcUSDT | -1% from 83.47K xcUSDT to 82.72K xcUSDT | -1% from 184.01K xcUSDT to 181.58K xcUSDT | +0% from 45.36% to 45.55% |
| USDC_wh | +0% from 41.48K USDC_wh to 41.61K USDC_wh | -3% from 123.96K USDC_wh to 120.22K USDC_wh | +3% from 33.46% to 34.61% |
| BTC_wh | +0% from 0.10 BTC_wh to 0.10 BTC_wh | -3% from 1.24 BTC_wh to 1.20 BTC_wh | +3% from 8.09% to 8.32% |
| xcDOT | +0% from 23.14K xcDOT to 23.15K xcDOT | +0% from 536.55K xcDOT to 536.56K xcDOT | +0% from 100% to 100% |
| ETH_wh | -1% from 1.27 ETH_wh to 1.26 ETH_wh | -2% from 47.96 ETH_wh to 47.01 ETH_wh | +1% from 2.65% to 2.69% |
| FRAX | -0% from 451.37 FRAX to 450.12 FRAX | +0% from 40.77K FRAX to 40.77K FRAX | -0% from 44.91% to 44.90% |
Liquidations
- Total liquidations: 10
- Total Collateral Seized (USD): $37.31
- Total Debt Repaid (USD): $33.92
- Total Liquidation Bonus (USD): $3.39
- Total Liquidator Bonus (USD): $2.37
- Total Protocol Bonus (USD): $1.02
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| GLMR | 529.010160 | $35.92 | $32.65 | $3.27 | $2.29 | $0.98 | 8 |
| xcDOT | 0.384574 | $1.39 | $1.26 | $0.13 | $0.09 | $0.04 | 2 |
Moonriver
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| xcKSM | 0.10 | 6.80M% | 42.95% |
| FRAX | 0.10 | 64.36M% | 19.58% |
| MOVR | 0.10 | 3.80M% | 2.54% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| xcKSM | +0% from 6.80K xcKSM to 6.81K xcKSM | +0% from 15.83K xcKSM to 15.90K xcKSM | -0% from 42.96% to 42.81% |
| FRAX | +0% from 64.35K FRAX to 64.36K FRAX | +0% from 328.76K FRAX to 328.76K FRAX | +0% from 19.57% to 19.58% |
| MOVR | +0% from 3.80K MOVR to 3.80K MOVR | -0% from 149.55K MOVR to 149.34K MOVR | +0% from 2.54% to 2.55% |
Liquidations
No liquidation events on Moonriver this week.