Weekly Update (1/2/26 - 1/8/26)
Anthias Labs would like to provide an update on market performance over the past week for Core markets on Base, OP mainnet, Moonbeam, and Moonriver. Data from 1/2/26 to 1/8/26. 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 |
|---|---|---|---|---|---|
| USDS | 690.00K | 750.00K | 1.16% | 1.19% | 89.70% |
| WETH | 64.00K | 96.00K | 9.53% | 7.86% | 80.76% |
| USDC | 184.00M | 200.00M | 13.94% | 16.44% | 78.02% |
| EURC | 21.00M | 21.90M | 5.72% | 7.90% | 69.71% |
| DAI | 300.00K | 400.00K | 4.29% | 5.68% | 56.61% |
| cbXRP | 1.60M | 5.00M | 99.57% | 57.34% | 55.93% |
| VIRTUAL | 10.00K | 4.50M | 19.75K% | 90.11% | 48.77% |
| AERO | 25.00M | 70.00M | 20.40% | 29.06% | 25.06% |
| tBTC | 5.00 | 50.00 | 12.86% | 9.04% | 14.23% |
| cbBTC | 640.00 | 1.50K | 6.72% | 20.43% | 14.03% |
| weETH | 200.00 | 5.40K | 6.05% | 1.65% | 13.54% |
| LBTC | 10.00 | 95.00 | 39.83% | 31.79% | 13.20% |
| MAMO | 3.00M | 20.00M | 16.55% | 18.35% | 12.99% |
| USDbC | 1.00 | 1.00 | 104.01K% | 843.51K% | 12.33% |
| cbETH | 1.00K | 16.00K | 12.24% | 8.03% | 9.51% |
| WELL | 22.00M | 250.00M | 60.58% | 81.93% | 6.50% |
| wstETH | 1.20K | 14.40K | 12.33% | 26.90% | 3.82% |
| MORPHO | 100.00K | 6.00M | 220.10% | 98.91% | 3.71% |
| rETH | 200.00 | 2.60K | 10.44% | 31.43% | 2.56% |
| wrsETH | 0.10 | 1.00 | 0.00% | 6.61K% | 0.02% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| USDS | +1% from 7.94K USDS to 8.05K USDS | -5% from 9.40K USDS to 8.93K USDS | +7% from 84.47% to 90.22% |
| WETH | +15% from 5.21K WETH to 6.02K WETH | +9% from 6.89K WETH to 7.49K WETH | +6% from 75.63% to 80.41% |
| USDC | +0% from 25.77M USDC to 25.80M USDC | -1% from 33.10M USDC to 32.67M USDC | +1% from 77.86% to 78.99% |
| EURC | -2% from 1.22M EURC to 1.19M EURC | -13% from 1.90M EURC to 1.65M EURC | +12% from 64.08% to 71.92% |
| DAI | +0% from 12.81K DAI to 12.84K DAI | +1% from 22.64K DAI to 22.79K DAI | -0% from 56.59% to 56.31% |
| cbXRP | -2% from 1.60M cbXRP to 1.57M cbXRP | +8% from 2.94M cbXRP to 3.17M cbXRP | -9% from 54.56% to 49.52% |
| VIRTUAL | +0% from 1.97M VIRTUAL to 1.98M VIRTUAL | -11% from 4.33M VIRTUAL to 3.86M VIRTUAL | +13% from 45.54% to 51.30% |
| AERO | -22% from 6.11M AERO to 4.74M AERO | -1% from 20.31M AERO to 20.07M AERO | -22% from 30.08% to 23.61% |
| tBTC | -0% from 0.64 tBTC to 0.64 tBTC | +0% from 4.52 tBTC to 4.52 tBTC | -0% from 14.24% to 14.21% |
| cbBTC | -8% from 47.87 cbBTC to 43.93 cbBTC | -2% from 313.46 cbBTC to 306.65 cbBTC | -6% from 15.27% to 14.32% |
| weETH | -8% from 12.99 weETH to 11.95 weETH | +0% from 89.22 weETH to 89.30 weETH | -8% from 14.56% to 13.38% |
| LBTC | -1% from 4.01 LBTC to 3.97 LBTC | +5% from 29.52 LBTC to 30.90 LBTC | -5% from 13.58% to 12.84% |
| MAMO | +13% from 305.58K MAMO to 345.12K MAMO | +44% from 3.15M MAMO to 4.52M MAMO | -21% from 9.71% to 7.63% |
| USDbC | 0% from 1.04K USDbC to 1.04K USDbC | 0% from 8.44K USDbC to 8.44K USDbC | 0% from 12.33% to 12.33% |
| cbETH | +125% from 106.77 cbETH to 239.73 cbETH | +2% from 1.28K cbETH to 1.31K cbETH | +120% from 8.34% to 18.37% |
| WELL | +85% from 11.87M WELL to 22.00M WELL | +3% from 199.58M WELL to 206.40M WELL | +79% from 5.95% to 10.66% |
| wstETH | -1% from 148.88 wstETH to 147.80 wstETH | +1% from 3.86K wstETH to 3.89K wstETH | -2% from 3.86% to 3.80% |
| MORPHO | -0% from 220.14K MORPHO to 220.10K MORPHO | +1% from 5.90M MORPHO to 5.94M MORPHO | -1% from 3.73% to 3.71% |
| rETH | -0% from 20.90 rETH to 20.89 rETH | -2% from 824.51 rETH to 810.32 rETH | +2% from 2.53% to 2.58% |
| wrsETH | 0% from 0.01 wrsETH to 0.01 wrsETH | -30% from 78.88 wrsETH to 55.48 wrsETH | +42% from 0.02% to 0.03% |
Notable Trends
- WETH borrows +15% (5.21K → 6.02K WETH)
- AERO borrows -22% (6.11M → 4.74M AERO)
- cbETH borrows +125% (106.77 → 239.73 cbETH)
- MAMO supply +44% (3.15M → 4.52M MAMO)
Liquidations
- Total liquidations: 50
- Total Collateral Seized (USD): $77,356.78
- Total Debt Repaid (USD): $70,324.35
- Total Liquidation Bonus (USD): $7,032.43
- Total Liquidator Bonus (USD): $4,922.70
- Total Protocol Bonus (USD): $2,109.73
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| cbXRP | 31,289.657800 | $71,002.30 | $64,547.54 | $6,454.75 | $4,518.33 | $1,936.43 | 4 |
| cbBTC | 0.057659 | $5,277.61 | $4,797.83 | $479.78 | $335.85 | $143.93 | 6 |
| WETH | 0.187413 | $600.71 | $546.10 | $54.61 | $38.23 | $16.38 | 24 |
| AERO | 588.969380 | $342.27 | $311.15 | $31.12 | $21.78 | $9.33 | 7 |
| VIRTUAL | 114.235000 | $117.83 | $107.12 | $10.71 | $7.50 | $3.21 | 1 |
| USDC | 15.531172 | $15.53 | $14.12 | $1.41 | $0.99 | $0.42 | 7 |
| EURC | 0.461197 | $0.54 | $0.49 | $0.05 | $0.03 | $0.01 | 1 |
OP Mainnet
| Asset | Current Borrow Cap | Current Supply Cap | Average Borrow Cap Usage (Past Week) | Average Supply Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|---|---|
| DAI | 4.50M | 4.80M | 0.71% | 0.81% | 81.30% |
| USDT | 18.40M | 22.60M | 0.84% | 0.86% | 79.90% |
| WETH | 30.00K | 32.00K | 3.92% | 5.22% | 70.41% |
| WBTC | 0.00 | 0.00 | 0.00% | 0.00% | 61.62% |
| USDT0 | 8.00M | 10.00M | 0.78% | 1.03% | 60.26% |
| USDC | 34.00M | 36.40M | 1.31% | 2.20% | 55.69% |
| cbETH | 0.00 | 0.00 | 0.00% | 0.00% | 36.79% |
| OP | 650.00K | 5.60M | 34.74% | 17.52% | 22.97% |
| VELO | 20.00M | 80.00M | 32.90% | 44.87% | 18.49% |
| rETH | 150.00 | 750.00 | 1.64% | 2.61% | 12.71% |
| wstETH | 300.00 | 5.00K | 2.36% | 3.02% | 4.71% |
| weETH | 4.00 | 10.00 | 27.02% | 456.55% | 2.37% |
| wrsETH | 0.10 | 0.10 | 0.00% | 0.00% | 1.83% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| DAI | -35% from 44.01K DAI to 28.64K DAI | -27% from 49.36K DAI to 36.05K DAI | -11% from 89.16% to 79.44% |
| USDT | -5% from 158.77K USDT to 150.63K USDT | -4% from 190.23K USDT to 181.94K USDT | -1% from 83.46% to 82.79% |
| WETH | +1% from 1.16K WETH to 1.17K WETH | -1% from 1.67K WETH to 1.65K WETH | +2% from 69.66% to 70.95% |
| WBTC | 0% from 0.00 WBTC to 0.00 WBTC | 0% from 0.01 WBTC to 0.01 WBTC | 0% from 61.62% to 61.62% |
| USDT0 | -14% from 68.77K USDT0 to 58.89K USDT0 | +0% from 103.49K USDT0 to 103.59K USDT0 | -14% from 66.45% to 56.84% |
| USDC | +42% from 437.95K USDC to 622.95K USDC | +15% from 812.58K USDC to 935.05K USDC | +24% from 53.90% to 66.62% |
| cbETH | 0% from 0.10 cbETH to 0.10 cbETH | 0% from 0.27 cbETH to 0.27 cbETH | 0% from 36.79% to 36.79% |
| OP | -39% from 308.08K OP to 186.90K OP | -3% from 993.09K OP to 963.71K OP | -37% from 31.02% to 19.39% |
| VELO | -60% from 9.19M VELO to 3.72M VELO | +5% from 35.04M VELO to 36.71M VELO | -61% from 26.23% to 10.12% |
| rETH | +0% from 2.47 rETH to 2.47 rETH | -16% from 21.86 rETH to 18.25 rETH | +20% from 11.28% to 13.51% |
| wstETH | +1% from 7.09 wstETH to 7.17 wstETH | -2% from 160.50 wstETH to 157.72 wstETH | +3% from 4.41% to 4.54% |
| weETH | +0% from 1.08 weETH to 1.08 weETH | -1% from 45.93 weETH to 45.49 weETH | +1% from 2.35% to 2.38% |
| wrsETH | 0% from 0.28 wrsETH to 0.28 wrsETH | 0% from 15.14 wrsETH to 15.14 wrsETH | 0% from 1.83% to 1.83% |
Notable Trends
- USDC borrows +42% (437.95K → 622.95K USDC)
- USDC supply +15% (812.58K → 935.05K USDC)
- VELO borrows -60% (9.19M → 3.72M VELO)
- OP borrows -39% (308.08K → 186.90K OP)
Liquidations
- Total liquidations: 2
- Total Collateral Seized (USD): $97.21
- Total Debt Repaid (USD): $88.37
- Total Liquidation Bonus (USD): $8.84
- Total Liquidator Bonus (USD): $6.19
- Total Protocol Bonus (USD): $2.65
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| DAI | 97.244100 | $97.21 | $88.37 | $8.84 | $6.19 | $2.65 | 2 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 8651.91M% | 68.09% |
| xcDOT | 0.10 | 19.62M% | 48.26% |
| FRAX | 0.10 | 194.27K% | 46.64% |
| xcUSDC | 0.10 | 17.31M% | 31.33% |
| xcUSDT | 0.10 | 19.02M% | 23.52% |
| USDC.wh | 0.10 | 14.45M% | 14.72% |
| BTC.wh | 0.10 | 99.70% | 8.39% |
| ETH.wh | 0.10 | 1.09K% | 3.97% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +2% from 8.59M GLMR to 8.72M GLMR | +6% from 12.14M GLMR to 12.88M GLMR | -4% from 70.71% to 67.72% |
| xcDOT | +0% from 19.62K xcDOT to 19.62K xcDOT | -0% from 1.10M xcDOT to 1.10M xcDOT | +0% from 48.25% to 48.26% |
| FRAX | 0% from 194.27 FRAX to 194.27 FRAX | 0% from 38.71K FRAX to 38.71K FRAX | 0% from 46.64% to 46.64% |
| xcUSDC | +0% from 17.30K xcUSDC to 17.32K xcUSDC | +0% from 55.22K xcUSDC to 55.27K xcUSDC | +0% from 31.33% to 31.34% |
| xcUSDT | -0% from 19.03K xcUSDT to 19.02K xcUSDT | -0% from 80.89K xcUSDT to 80.78K xcUSDT | +0% from 23.53% to 23.55% |
| USDC.wh | -1% from 14.60K USDC.wh to 14.41K USDC.wh | +0% from 98.17K USDC.wh to 98.18K USDC.wh | -1% from 14.87% to 14.67% |
| BTC.wh | 0% from 0.10 BTC.wh to 0.10 BTC.wh | 0% from 1.19 BTC.wh to 1.19 BTC.wh | 0% from 8.39% to 8.39% |
| ETH.wh | +0% from 1.09 ETH.wh to 1.09 ETH.wh | +0% from 27.56 ETH.wh to 27.56 ETH.wh | +0% from 3.96% to 3.97% |
Liquidations
- Total liquidations: 2
- Total Collateral Seized (USD): $0.78
- Total Debt Repaid (USD): $0.71
- Total Liquidation Bonus (USD): $0.07
- Total Liquidator Bonus (USD): $0.05
- Total Protocol Bonus (USD): $0.02
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| GLMR | 31.521510 | $0.78 | $0.71 | $0.07 | $0.05 | $0.02 | 2 |
Moonriver
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| xcKSM | 0.10 | 5.59M% | 45.31% |
| FRAX | 0.10 | 49.23M% | 17.47% |
| MOVR | 0.10 | 1.39M% | 1.07% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| xcKSM | +0% from 5.59K xcKSM to 5.60K xcKSM | -0% from 12.33K xcKSM to 12.33K xcKSM | +0% from 45.31% to 45.43% |
| FRAX | 0% from 49.23K FRAX to 49.23K FRAX | 0% from 281.85K FRAX to 281.85K FRAX | 0% from 17.47% to 17.47% |
| MOVR | -1% from 1.39K MOVR to 1.38K MOVR | -0% from 129.44K MOVR to 129.32K MOVR | -0% from 1.07% to 1.07% |
Liquidations
No liquidation events this week.