Weekly Update (2/13/26 - 2/19/26)
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 2/13/26 to 2/19/26. 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 | 1.24% | 1.26% | 90.66% |
| WETH | 64.00K | 96.00K | 8.21% | 6.54% | 83.78% |
| USDC | 184.00M | 200.00M | 7.21% | 10.60% | 62.85% |
| cbETH | 0.01 | 0.01 | 0.00% | 0.00% | 62.58% |
| VIRTUAL | 10.00K | 4.50M | 19.92K% | 79.92% | 55.76% |
| EURC | 21.00M | 21.90M | 3.20% | 5.52% | 55.53% |
| DAI | 300.00K | 400.00K | 3.85% | 5.68% | 50.91% |
| cbXRP | 1.60M | 5.00M | 99.95% | 65.45% | 48.90% |
| AERO | 25.00M | 70.00M | 20.52% | 21.81% | 34.24% |
| MAMO | 3.00M | 20.00M | 22.02% | 12.26% | 27.49% |
| cbBTC | 640.00 | 1.50K | 4.72% | 11.99% | 16.73% |
| weETH | 200.00 | 5.40K | 5.89% | 1.37% | 16.29% |
| WELL | 34.00M | 250.00M | 58.73% | 52.06% | 15.35% |
| USDbC | 1.00 | 1.00 | 95.86K% | 842.07K% | 11.38% |
| tBTC | 5.00 | 50.00 | 5.39% | 6.78% | 7.71% |
| LBTC | 10.00 | 95.00 | 25.81% | 51.12% | 5.18% |
| wstETH | 1.20K | 14.40K | 12.14% | 21.41% | 4.84% |
| MORPHO | 100.00K | 6.00M | 218.35% | 95.79% | 3.80% |
| rETH | 200.00 | 2.60K | 7.65% | 29.95% | 1.97% |
| wrsETH | 0.01 | 1.00 | 0.00% | 3.57K% | 0.04% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| USDS | -2% from 8.64K USDS to 8.46K USDS | -14% from 10.03K USDS to 8.64K USDS | +14% from 86.16% to 97.99% |
| WETH | -25% from 6.00K WETH to 4.48K WETH | -23% from 6.75K WETH to 5.20K WETH | -3% from 88.98% to 86.30% |
| USDC | -8% from 13.87M USDC to 12.76M USDC | -5% from 22.31M USDC to 21.15M USDC | -3% from 62.15% to 60.33% |
| cbETH | +172% from 262.59 cbETH to 714.74 cbETH | -59% from 1.74K cbETH to 714.74 cbETH | +562% from 15.11% to 100.00% |
| VIRTUAL | +1% from 1.99M VIRTUAL to 2.00M VIRTUAL | -16% from 3.90M VIRTUAL to 3.28M VIRTUAL | +20% from 50.92% to 61.13% |
| EURC | -15% from 728.41K EURC to 616.19K EURC | -11% from 1.26M EURC to 1.12M EURC | -5% from 57.80% to 55.19% |
| DAI | -13% from 12.68K DAI to 11.00K DAI | -0% from 22.74K DAI to 22.68K DAI | -13% from 55.77% to 48.48% |
| cbXRP | -2% from 1.60M cbXRP to 1.57M cbXRP | -10% from 3.38M cbXRP to 3.03M cbXRP | +10% from 47.40% to 51.98% |
| AERO | -14% from 5.29M AERO to 4.55M AERO | -28% from 17.57M AERO to 12.69M AERO | +19% from 30.12% to 35.88% |
| MAMO | +1% from 579.29K MAMO to 582.66K MAMO | -28% from 3.83M MAMO to 2.74M MAMO | +40% from 15.13% to 21.24% |
| cbBTC | -56% from 38.67 cbBTC to 16.83 cbBTC | -4% from 183.57 cbBTC to 177.15 cbBTC | -55% from 21.06% to 9.50% |
| weETH | -0% from 11.81 weETH to 11.75 weETH | -27% from 87.25 weETH to 63.51 weETH | +37% from 13.53% to 18.50% |
| WELL | +7% from 19.47M WELL to 20.78M WELL | -4% from 132.08M WELL to 127.41M WELL | +11% from 14.74% to 16.31% |
| USDbC | -10% from 1.02K USDbC to 916.06 USDbC | -0% from 8.43K USDbC to 8.41K USDbC | -10% from 12.05% to 10.89% |
| tBTC | -57% from 0.33 tBTC to 0.14 tBTC | -35% from 3.92 tBTC to 2.54 tBTC | -34% from 8.46% to 5.56% |
| LBTC | -45% from 2.60 LBTC to 1.43 LBTC | -1% from 42.27 LBTC to 42.03 LBTC | -45% from 6.16% to 3.40% |
| wstETH | -2% from 146.71 wstETH to 143.54 wstETH | -28% from 3.63K wstETH to 2.61K wstETH | +36% from 4.04% to 5.50% |
| MORPHO | -1% from 219.03K MORPHO to 217.81K MORPHO | -5% from 6.01M MORPHO to 5.69M MORPHO | +5% from 3.64% to 3.83% |
| rETH | -0% from 15.31 rETH to 15.30 rETH | -3% from 791.20 rETH to 768.72 rETH | +3% from 1.93% to 1.99% |
| wrsETH | 0% from 0.01 wrsETH to 0.01 wrsETH | 0% from 35.67 wrsETH to 35.67 wrsETH | 0% from 0.04% to 0.04% |
Notable Trends
- WETH supply -23% (6.75K → 5.20K WETH)
- WETH borrows -25% (6.00K → 4.48K WETH)
- wstETH supply -28% (3.63K → 2.61K wstETH)
- AERO supply -28% (17.57M → 12.69M AERO)
- cbBTC borrows -56% (38.67 → 16.83 cbBTC)
Liquidations
- Total liquidations: 1,182
- Total Collateral Seized (USD): $3,098,592.79
- Total Debt Repaid (USD): $2,816,902.54
- Total Liquidation Bonus (USD): $281,690.25
- Total Liquidator Bonus (USD): $197,183.18
- Total Protocol Bonus (USD): $84,507.08
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| wstETH | 930.647870 | $2,239,964.20 | $2,036,331.09 | $203,633.11 | $142,543.18 | $61,089.93 | 72 |
| AERO | 666,803.486752 | $207,236.86 | $188,397.15 | $18,839.71 | $13,187.80 | $5,651.91 | 97 |
| WETH | 94.367173 | $185,423.45 | $168,566.77 | $16,856.68 | $11,799.67 | $5,057.00 | 318 |
| cbBTC | 2.340327 | $160,166.22 | $145,605.65 | $14,560.57 | $10,192.40 | $4,368.17 | 135 |
| VIRTUAL | 172,896.493456 | $108,431.63 | $98,574.21 | $9,857.42 | $6,900.19 | $2,957.23 | 32 |
| weETH | 34.089823 | $72,736.47 | $66,124.06 | $6,612.41 | $4,628.68 | $1,983.72 | 20 |
| rETH | 18.800083 | $42,739.39 | $38,853.99 | $3,885.40 | $2,719.78 | $1,165.62 | 13 |
| tBTC | 0.330835 | $22,584.78 | $20,531.62 | $2,053.16 | $1,437.21 | $615.95 | 9 |
| WELL | 4,249,458.440200 | $21,109.16 | $19,190.14 | $1,919.01 | $1,343.31 | $575.70 | 16 |
| USDC | 16,699.962980 | $16,698.29 | $15,180.27 | $1,518.03 | $1,062.62 | $455.41 | 51 |
| MORPHO | 7,135.828041 | $9,531.63 | $8,665.12 | $866.51 | $606.56 | $259.95 | 14 |
| cbXRP | 4,124.074899 | $6,137.62 | $5,579.65 | $557.97 | $390.58 | $167.39 | 16 |
| LBTC | 0.058588 | $4,024.01 | $3,658.19 | $365.82 | $256.07 | $109.75 | 8 |
| cbETH | 1,099.189422 | $1,247.38 | $1,133.98 | $113.40 | $79.38 | $34.02 | 362 |
| MAMO | 18,686.900000 | $268.65 | $244.23 | $24.42 | $17.10 | $7.33 | 1 |
| EURC | 170.830889 | $202.37 | $183.97 | $18.40 | $12.88 | $5.52 | 6 |
| DAI | 72.731500 | $72.72 | $66.11 | $6.61 | $4.63 | $1.98 | 2 |
| USDbC | 17.972072 | $17.97 | $16.34 | $1.63 | $1.14 | $0.49 | 9 |
| USDS | 0.000000 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | 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% | 0.55% | 84.64% |
| DAI | 4.50M | 4.80M | 0.98% | 1.14% | 81.35% |
| USDT | 18.40M | 22.60M | 0.85% | 0.95% | 73.48% |
| WETH | 30.00K | 32.00K | 3.12% | 4.43% | 65.34% |
| USDC | 34.00M | 36.40M | 0.97% | 1.76% | 51.23% |
| rETH | 150.00 | 750.00 | 1.65% | 2.40% | 13.72% |
| OP | 650.00K | 5.60M | 9.99% | 16.26% | 7.13% |
| VELO | 20.00M | 80.00M | 9.25% | 38.73% | 5.97% |
| wstETH | 300.00 | 5.00K | 2.17% | 3.02% | 4.32% |
| weETH | 4.00 | 10.00 | 27.03% | 419.11% | 2.58% |
| wrsETH | 0.00 | 0.00 | 0.00% | 0.00% | 1.83% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbETH | 0% from 0.11 cbETH to 0.11 cbETH | 0% from 0.11 cbETH to 0.11 cbETH | 0% from 99.45% to 99.45% |
| USDT0 | +0% from 46.40K USDT0 to 46.45K USDT0 | +1% from 54.77K USDT0 to 55.08K USDT0 | -0% from 84.72% to 84.33% |
| DAI | +22% from 36.63K DAI to 44.82K DAI | +26% from 44.77K DAI to 56.36K DAI | -3% from 81.84% to 79.53% |
| USDT | -3% from 157.26K USDT to 152.33K USDT | +0% from 213.84K USDT to 213.94K USDT | -3% from 73.54% to 71.20% |
| WETH | -2% from 732.27 WETH to 715.84 WETH | +0% from 1.21K WETH to 1.21K WETH | -2% from 60.73% to 59.27% |
| USDC | +2% from 323.23K USDC to 330.44K USDC | -1% from 644.98K USDC to 636.51K USDC | +4% from 50.12% to 51.91% |
| rETH | 0% from 2.47 rETH to 2.47 rETH | 0% from 17.99 rETH to 17.99 rETH | 0% from 13.72% to 13.72% |
| OP | +0% from 67.41K OP to 67.54K OP | -5% from 925.13K OP to 879.85K OP | +5% from 7.29% to 7.68% |
| VELO | -0% from 1.85M VELO to 1.85M VELO | +2% from 30.53M VELO to 31.10M VELO | -2% from 6.06% to 5.94% |
| wstETH | +0% from 6.50 wstETH to 6.50 wstETH | -10% from 156.15 wstETH to 139.84 wstETH | +12% from 4.16% to 4.65% |
| weETH | +0% from 1.08 weETH to 1.08 weETH | -1% from 42.05 weETH to 41.78 weETH | +1% from 2.57% to 2.59% |
| 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
- wstETH supply -10% (156.15 → 139.84 wstETH)
- DAI supply +26% (44.77K → 56.36K DAI)
Liquidations
- Total liquidations: 27
- Total Collateral Seized (USD): $642.13
- Total Debt Repaid (USD): $583.76
- Total Liquidation Bonus (USD): $58.38
- Total Liquidator Bonus (USD): $40.86
- Total Protocol Bonus (USD): $17.51
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| OP | 4,168.224675 | $636.86 | $578.97 | $57.90 | $40.53 | $17.37 | 26 |
| WETH | 0.002675 | $5.27 | $4.79 | $0.48 | $0.34 | $0.14 | 1 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 10112.29M% | 80.10% |
| xcDOT | 0.10 | 5.59M% | 48.03% |
| FRAX | 0.10 | 151.80K% | 46.54% |
| xcUSDC | 0.10 | 9.17M% | 17.42% |
| xcUSDT | 0.10 | 12.14M% | 15.04% |
| USDC.wh | 0.10 | 8.89M% | 9.37% |
| ETH.wh | 0.10 | 843.10% | 3.25% |
| BTC.wh | 0.10 | 0.80% | 0.08% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +3% from 9.95M GLMR to 10.26M GLMR | +3% from 12.42M GLMR to 12.73M GLMR | +1% from 80.15% to 80.60% |
| xcDOT | -77% from 19.56K xcDOT to 4.49K xcDOT | -1% from 1.09M xcDOT to 1.08M xcDOT | -1% from 48.70% to 47.98% |
| FRAX | -2% from 152.30 FRAX to 148.58 FRAX | +0% from 38.70K FRAX to 38.70K FRAX | -0% from 46.54% to 46.53% |
| xcUSDC | 0% from 9.17K xcUSDC to 9.17K xcUSDC | 0% from 52.62K xcUSDC to 52.62K xcUSDC | 0% from 17.42% to 17.42% |
| xcUSDT | -0% from 12.14K xcUSDT to 12.13K xcUSDT | +0% from 80.69K xcUSDT to 80.70K xcUSDT | -0% from 15.04% to 15.03% |
| USDC.wh | -0% from 8.89K USDC.wh to 8.86K USDC.wh | +0% from 94.92K USDC.wh to 94.93K USDC.wh | -0% from 9.37% to 9.33% |
| ETH.wh | 0% from 0.84 ETH.wh to 0.84 ETH.wh | 0% from 25.96 ETH.wh to 25.96 ETH.wh | 0% from 3.25% to 3.25% |
| BTC.wh | 0% from 0.00 BTC.wh to 0.00 BTC.wh | 0% from 1.04 BTC.wh to 1.04 BTC.wh | +0% from 0.08% to 0.08% |
Notable Trends
- xcDOT borrows -77% (19.56K → 4.49K xcDOT)
Liquidations
- Total liquidations: 13
- Total Collateral Seized (USD): $50.04
- Total Debt Repaid (USD): $45.49
- Total Liquidation Bonus (USD): $4.55
- Total Liquidator Bonus (USD): $3.18
- Total Protocol Bonus (USD): $1.36
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| GLMR | 3,636.799316 | $47.67 | $43.34 | $4.33 | $3.03 | $1.30 | 11 |
| xcDOT | 1.825641 | $2.37 | $2.15 | $0.22 | $0.15 | $0.06 | 2 |