Weekly Update (2/6/26 - 2/12/26)
Anthias Labs would like to provide an update on market performance over the past week for Core markets on Base, OP mainnet, and Moonbeam. Data from 2/6/26 to 2/12/26. 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 |
|---|---|---|---|---|---|
| WETH | 64.00K | 96.00K | 9.04% | 7.29% | 82.65% |
| USDS | 690.00K | 750.00K | 1.24% | 1.53% | 76.93% |
| EURC | 21.00M | 21.90M | 3.64% | 6.39% | 56.07% |
| USDC | 184.00M | 200.00M | 7.70% | 12.93% | 56.02% |
| DAI | 300.00K | 400.00K | 4.06% | 5.69% | 53.48% |
| MAMO | 3.00M | 20.00M | 67.23% | 19.64% | 51.82% |
| VIRTUAL | 10.00K | 4.50M | 19.84K% | 90.15% | 48.93% |
| cbXRP | 1.60M | 5.00M | 100.09% | 66.97% | 47.83% |
| AERO | 25.00M | 70.00M | 21.19% | 24.38% | 31.07% |
| cbBTC | 640.00 | 1.50K | 6.13% | 12.47% | 21.16% |
| WELL | 34.00M | 250.00M | 66.08% | 53.18% | 16.90% |
| cbETH | 1.00K | 16.00K | 26.91% | 11.43% | 14.72% |
| weETH | 200.00 | 5.40K | 5.90% | 1.68% | 13.09% |
| tBTC | 5.00 | 50.00 | 6.13% | 7.74% | 7.92% |
| LBTC | 10.00 | 95.00 | 15.54% | 35.07% | 4.64% |
| wstETH | 1.20K | 14.40K | 12.23% | 26.60% | 3.83% |
| MORPHO | 100.00K | 6.00M | 219.02% | 96.00% | 3.80% |
| rETH | 200.00 | 2.60K | 7.65% | 30.78% | 1.91% |
| wrsETH | 0.00 | 1.00 | 0.00% | 3.89K% | 0.04% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| WETH | +5% from 5.68K WETH to 5.99K WETH | -2% from 6.93K WETH to 6.78K WETH | +8% from 81.89% to 88.31% |
| USDS | +14% from 7.61K USDS to 8.64K USDS | -23% from 13.00K USDS to 10.03K USDS | +47% from 58.56% to 86.16% |
| EURC | -14% from 894.35K EURC to 765.41K EURC | -6% from 1.34M EURC to 1.26M EURC | -9% from 66.90% to 60.74% |
| USDC | -33% from 20.57M USDC to 13.87M USDC | -31% from 32.21M USDC to 22.34M USDC | -3% from 63.86% to 62.09% |
| DAI | +8% from 11.70K DAI to 12.68K DAI | -0% from 22.83K DAI to 22.74K DAI | +9% from 51.26% to 55.77% |
| MAMO | -65% from 1.41M MAMO to 499.52K MAMO | -20% from 4.77M MAMO to 3.83M MAMO | -56% from 29.69% to 13.05% |
| VIRTUAL | +0% from 1.98M VIRTUAL to 1.99M VIRTUAL | -10% from 4.33M VIRTUAL to 3.89M VIRTUAL | +11% from 45.77% to 51.02% |
| cbXRP | +0% from 1.60M cbXRP to 1.60M cbXRP | -1% from 3.43M cbXRP to 3.38M cbXRP | +2% from 46.68% to 47.40% |
| AERO | -1% from 5.33M AERO to 5.29M AERO | -17% from 20.79M AERO to 17.16M AERO | +20% from 25.64% to 30.85% |
| cbBTC | -5% from 40.05 cbBTC to 38.20 cbBTC | -34% from 277.73 cbBTC to 183.57 cbBTC | +44% from 14.42% to 20.81% |
| WELL | -21% from 24.64M WELL to 19.47M WELL | -5% from 139.12M WELL to 132.79M WELL | -17% from 17.71% to 14.66% |
| cbETH | -19% from 323.14 cbETH to 262.59 cbETH | -3% from 1.80K cbETH to 1.74K cbETH | -16% from 18.00% to 15.11% |
| weETH | -0% from 11.81 weETH to 11.81 weETH | -1% from 87.99 weETH to 87.25 weETH | +1% from 13.42% to 13.53% |
| tBTC | -0% from 0.33 tBTC to 0.33 tBTC | -5% from 4.11 tBTC to 3.92 tBTC | +5% from 8.06% to 8.46% |
| LBTC | +93% from 1.35 LBTC to 2.60 LBTC | +34% from 31.60 LBTC to 42.26 LBTC | +45% from 4.26% to 6.16% |
| wstETH | -0% from 147.15 wstETH to 146.71 wstETH | -6% from 3.85K wstETH to 3.63K wstETH | +6% from 3.82% to 4.04% |
| MORPHO | +0% from 219.01K MORPHO to 219.03K MORPHO | +5% from 5.71M MORPHO to 6.01M MORPHO | -5% from 3.84% to 3.64% |
| rETH | +0% from 15.30 rETH to 15.31 rETH | -0% from 792.56 rETH to 791.26 rETH | +0% from 1.93% to 1.93% |
| wrsETH | 0% from 0.01 wrsETH to 0.01 wrsETH | -35% from 54.96 wrsETH to 35.67 wrsETH | +54% from 0.03% to 0.04% |
Notable Trends
- USDC supply -31% (32.21M → 22.34M USDC)
- cbBTC supply -34% (277.73 → 183.57 cbBTC)
- AERO supply -17% (20.79M → 17.16M AERO)
- LBTC supply +34% (31.60 → 42.26 LBTC)
Liquidations
- Total liquidations: 263
- Total Collateral Seized (USD): $1,235,517.56
- Total Debt Repaid (USD): $1,123,197.79
- Total Liquidation Bonus (USD): $112,319.78
- Total Liquidator Bonus (USD): $78,623.85
- Total Protocol Bonus (USD): $33,695.93
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| AERO | 1,769,471.047180 | $500,863.63 | $455,330.57 | $45,533.06 | $31,873.14 | $13,659.92 | 70 |
| cbBTC | 7.838841 | $475,891.37 | $432,628.52 | $43,262.85 | $30,284.00 | $12,978.86 | 50 |
| cbXRP | 86,548.811610 | $99,259.13 | $90,235.57 | $9,023.56 | $6,316.49 | $2,707.07 | 7 |
| cbETH | 24.885973 | $49,216.88 | $44,742.62 | $4,474.26 | $3,131.98 | $1,342.28 | 5 |
| WETH | 16.238383 | $29,252.62 | $26,593.29 | $2,659.33 | $1,861.53 | $797.80 | 86 |
| USDC | 26,826.187900 | $26,822.24 | $24,383.86 | $2,438.39 | $1,706.87 | $731.52 | 16 |
| wrsETH | 12.080100 | $22,530.80 | $20,482.55 | $2,048.25 | $1,433.78 | $614.48 | 1 |
| VIRTUAL | 41,787.873230 | $19,903.12 | $18,093.74 | $1,809.37 | $1,266.56 | $542.81 | 10 |
| LBTC | 0.153466 | $9,340.64 | $8,491.49 | $849.15 | $594.40 | $254.74 | 6 |
| rETH | 0.674720 | $1,450.25 | $1,318.41 | $131.84 | $92.29 | $39.55 | 2 |
| EURC | 430.292000 | $507.27 | $461.15 | $46.12 | $32.28 | $13.83 | 2 |
| tBTC | 0.006674 | $404.25 | $367.50 | $36.75 | $25.72 | $11.02 | 2 |
| WELL | 9,620.500000 | $35.78 | $32.53 | $3.25 | $2.28 | $0.98 | 1 |
| wstETH | 0.012422 | $27.58 | $25.07 | $2.51 | $1.75 | $0.75 | 3 |
| weETH | 0.003107 | $6.09 | $5.53 | $0.55 | $0.39 | $0.17 | 1 |
| MORPHO | 5.818670 | $5.92 | $5.38 | $0.54 | $0.38 | $0.16 | 1 |
OP Mainnet
| Asset | Current Borrow Cap | Current Supply Cap | Average Borrow Cap Usage (Past Week) | Average Supply Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|---|---|
| cbETH | 0.00 | 0.00 | 0.00% | 0.00% | 99.45% |
| USDT0 | 8.00M | 10.00M | 0.58% | 0.56% | 82.61% |
| DAI | 4.50M | 4.80M | 0.79% | 0.94% | 76.91% |
| USDT | 18.40M | 22.60M | 0.87% | 0.95% | 74.48% |
| WETH | 30.00K | 32.00K | 2.92% | 4.23% | 64.16% |
| USDC | 34.00M | 36.40M | 0.93% | 1.74% | 49.92% |
| OP | 650.00K | 5.60M | 20.07% | 16.55% | 14.08% |
| rETH | 150.00 | 750.00 | 1.64% | 2.40% | 13.72% |
| VELO | 20.00M | 80.00M | 8.72% | 38.79% | 5.62% |
| wstETH | 300.00 | 5.00K | 2.17% | 3.15% | 4.12% |
| weETH | 4.00 | 10.00 | 27.03% | 421.52% | 2.56% |
| wrsETH | 0.00 | 0.00 | 0.00% | 0.00% | 1.83% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbETH | +3% from 0.10 cbETH to 0.11 cbETH | +3% from 0.11 cbETH to 0.11 cbETH | +0% from 99.43% to 99.45% |
| USDT0 | -1% from 46.72K USDT0 to 46.40K USDT0 | -9% from 60.25K USDT0 to 54.77K USDT0 | +9% from 77.54% to 84.72% |
| DAI | -66% from 107.55K DAI to 36.63K DAI | -63% from 120.38K DAI to 44.77K DAI | -8% from 89.34% to 81.84% |
| USDT | -4% from 163.87K USDT to 157.26K USDT | -1% from 214.98K USDT to 213.84K USDT | -4% from 76.23% to 73.54% |
| WETH | -32% from 1.08K WETH to 732.27 WETH | -24% from 1.58K WETH to 1.21K WETH | -11% from 68.34% to 60.73% |
| USDC | -22% from 408.14K USDC to 316.93K USDC | +1% from 637.54K USDC to 642.78K USDC | -23% from 64.02% to 49.31% |
| OP | -28% from 142.13K OP to 102.68K OP | -1% from 938.65K OP to 925.12K OP | -27% from 15.14% to 11.10% |
| rETH | +0% from 2.47 rETH to 2.47 rETH | -0% from 17.99 rETH to 17.99 rETH | +0% from 13.71% to 13.72% |
| VELO | +1% from 1.73M VELO to 1.75M VELO | -5% from 32.29M VELO to 30.53M VELO | +7% from 5.36% to 5.73% |
| wstETH | +0% from 6.50 wstETH to 6.50 wstETH | -3% from 160.26 wstETH to 156.15 wstETH | +3% from 4.06% to 4.16% |
| weETH | +0% from 1.08 weETH to 1.08 weETH | -0% from 42.18 weETH to 42.05 weETH | +0% from 2.56% to 2.57% |
| 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
- WETH supply -24% (1.58K → 1.21K WETH)
- WETH borrows -32% (1.08K → 732.27 WETH)
- USDC borrows -22% (408.14K → 316.93K USDC)
Liquidations
- Total liquidations: 43
- Total Collateral Seized (USD): $34,339.83
- Total Debt Repaid (USD): $31,218.03
- Total Liquidation Bonus (USD): $3,121.80
- Total Liquidator Bonus (USD): $2,185.26
- Total Protocol Bonus (USD): $936.54
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| WETH | 9.991700 | $17,594.92 | $15,995.38 | $1,599.54 | $1,119.68 | $479.86 | 5 |
| VELO | 1,050,198.656700 | $12,956.99 | $11,779.08 | $1,177.91 | $824.54 | $353.37 | 12 |
| OP | 22,639.972052 | $3,697.04 | $3,360.95 | $336.09 | $235.27 | $100.83 | 23 |
| wstETH | 0.038241 | $82.20 | $74.73 | $7.47 | $5.23 | $2.24 | 1 |
| weETH | 0.004063 | $7.77 | $7.06 | $0.71 | $0.49 | $0.21 | 1 |
| rETH | 0.000434 | $0.91 | $0.83 | $0.08 | $0.06 | $0.02 | 1 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 9838.14M% | 76.81% |
| xcDOT | 0.10 | 19.56M% | 48.68% |
| FRAX | 0.10 | 153.98K% | 46.55% |
| xcUSDC | 0.10 | 9.22M% | 17.49% |
| xcUSDT | 0.10 | 12.26M% | 15.19% |
| USDC.wh | 0.10 | 9.35M% | 9.86% |
| ETH.wh | 0.10 | 842.90% | 3.26% |
| BTC.wh | 0.10 | 0.80% | 0.08% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +2% from 9.73M GLMR to 9.95M GLMR | -4% from 12.99M GLMR to 12.42M GLMR | +7% from 74.88% to 80.15% |
| xcDOT | +0% from 19.55K xcDOT to 19.56K xcDOT | -0% from 1.10M xcDOT to 1.09M xcDOT | +0% from 48.57% to 48.70% |
| FRAX | -4% from 158.05 FRAX to 152.30 FRAX | -0% from 38.70K FRAX to 38.70K FRAX | -0% from 46.56% to 46.54% |
| xcUSDC | -15% from 10.80K xcUSDC to 9.17K xcUSDC | -1% from 52.93K xcUSDC to 52.62K xcUSDC | -15% from 20.40% to 17.42% |
| xcUSDT | -12% from 13.72K xcUSDT to 12.14K xcUSDT | +0% from 80.68K xcUSDT to 80.69K xcUSDT | -12% from 17.01% to 15.04% |
| USDC.wh | -16% from 10.62K USDC.wh to 8.89K USDC.wh | +0% from 94.88K USDC.wh to 94.92K USDC.wh | -16% from 11.19% to 9.37% |
| ETH.wh | +0% from 0.84 ETH.wh to 0.84 ETH.wh | +0% from 25.85 ETH.wh to 25.96 ETH.wh | -0% from 3.26% to 3.25% |
| BTC.wh | -11% from 0.00 BTC.wh to 0.00 BTC.wh | -1% from 1.05 BTC.wh to 1.04 BTC.wh | -7% from 0.08% to 0.08% |
Liquidations
- Total liquidations: 372
- Total Collateral Seized (USD): $4,219.88
- Total Debt Repaid (USD): $3,836.26
- Total Liquidation Bonus (USD): $383.63
- Total Liquidator Bonus (USD): $268.54
- Total Protocol Bonus (USD): $115.09
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| xcDOT | 2,391.312889 | $2,889.83 | $2,627.11 | $262.71 | $183.90 | $78.81 | 197 |
| GLMR | 63,236.811173 | $840.85 | $764.41 | $76.44 | $53.51 | $22.93 | 97 |
| xcUSDC | 314.589110 | $314.59 | $285.99 | $28.60 | $20.02 | $8.58 | 55 |
| BTC_wh | 0.001904 | $116.18 | $105.62 | $10.56 | $7.39 | $3.17 | 4 |
| ETH_wh | 0.027281 | $50.56 | $45.97 | $4.60 | $3.22 | $1.38 | 15 |
| xcUSDT | 7.722320 | $7.71 | $7.01 | $0.70 | $0.49 | $0.21 | 1 |
| FRAX | 0.166778 | $0.17 | $0.15 | $0.02 | $0.01 | $0.00 | 3 |