Weekly Update (4/3/26 - 4/9/26)
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 4/3/26 to 4/9/26. 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 | 5.22% | 4.30% | 80.86% |
| USDS | 690.00K | 750.00K | 1.22% | 1.48% | 75.70% |
| USDC | 184.00M | 200.00M | 6.78% | 9.30% | 67.13% |
| EURC | 21.00M | 21.90M | 2.70% | 4.10% | 63.28% |
| VIRTUAL | 10.00K | 4.50M | 21.57K% | 82.90% | 57.82% |
| cbXRP | 1.60M | 5.00M | 83.72% | 58.32% | 45.94% |
| DAI | 300.00K | 400.00K | 3.44% | 5.63% | 45.80% |
| cbETH | 0.00 | 4.00K | 0.00% | 41.33% | 45.40% |
| MAMO | 3.00M | 20.00M | 20.21% | 13.73% | 22.62% |
| tBTC | 5.00 | 50.00 | 3.92% | 1.84% | 21.27% |
| AERO | 7.50M | 70.00M | 41.95% | 23.19% | 19.39% |
| wstETH | 500.00 | 14.40K | 30.63% | 6.12% | 17.39% |
| cbBTC | 90.00 | 1.50K | 22.13% | 8.30% | 15.99% |
| WELL | 34.00M | 250.00M | 71.42% | 86.49% | 11.23% |
| USDbC | 1.00 | 1.00 | 91.39K% | 818.31K% | 11.17% |
| LBTC | 10.00 | 95.00 | 26.96% | 58.42% | 4.86% |
| MORPHO | 100.00K | 6.00M | 215.55% | 94.34% | 3.81% |
| rETH | 200.00 | 2.60K | 7.19% | 29.19% | 1.89% |
| weETH | 200.00 | 5.40K | 0.20% | 1.45% | 0.52% |
| wrsETH | 0.00 | 1.00 | 0.00% | 3.52K% | 0.04% |
| VVV | 0.00 | 170.00K | 0.00% | 38.07% | 0.00% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| cbETH | $1,811,872.65 | 726.82069313 | $146,484.07 | 58.5529 |
| cbXRP | $1,734,091.39 | 1273820.707148 | $710,702.10 | 522575.0725 |
| VIRTUAL | $1,465,400.22 | 2155722.04694553 | $641,251.89 | 950002.8026 |
| WETH | $534,947.74 | 241.79393611 | $161,085.24 | 72.5518 |
| USDC | $310,361.82 | 310389.731307 | $137,941.21 | 137941.2135 |
| wstETH | $223,406.77 | 82.0027733 | $97,363.48 | 35.6112 |
| MORPHO | $221,413.54 | 119506.94205884 | $27,086.17 | 14672.8961 |
| EURC | $194,802.59 | 166743.385608 | $29,061.15 | 24881.1231 |
| AERO | $168,226.06 | 468886.68717855 | $103,228.07 | 293261.5689 |
| cbBTC | $22,590.68 | 0.3123568 | $128,318.72 | 1.7729 |
| DAI | $1,525.75 | 1525.97491479 | $1,928.40 | 1928.4011 |
| USDS | $1,174.47 | 1174.98890767 | $156.89 | 156.8937 |
| tBTC | $874.76 | 0.01210016 | $6,331.01 | 0.0877 |
| WELL | $102.52 | 23509.59356337 | $11,327.38 | 2831844.8767 |
| weETH | $8.02 | 0.00331787 | $17,093.67 | 7.0507 |
| rETH | $2.42 | 0.00094252 | $10,785.86 | 4.184 |
| LBTC | $1.14 | 0.00001576 | $15,369.85 | 0.2116 |
| wrsETH | $1.11 | 0.00047018 | $2,787.47 | 1.1744 |
| MAMO | $0.59 | 44.49251199 | $253.60 | 19507.8032 |
| USDbC | $0.03 | 0.033568 | $2.71 | 2.7091 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| WETH | +5% from 3.22K WETH to 3.36K WETH | +4% from 4.10K WETH to 4.27K WETH | +0% from 78.41% to 78.62% |
| USDS | -1% from 8.40K USDS to 8.35K USDS | +16% from 9.65K USDS to 11.15K USDS | -14% from 87.09% to 74.88% |
| USDC | -0% from 12.46M USDC to 12.45M USDC | +22% from 15.00M USDC to 18.36M USDC | -18% from 83.05% to 67.82% |
| EURC | +21% from 548.63K EURC to 666.43K EURC | -9% from 970.49K EURC to 880.25K EURC | +34% from 56.53% to 75.71% |
| VIRTUAL | +1% from 2.15M VIRTUAL to 2.17M VIRTUAL | +1% from 3.72M VIRTUAL to 3.78M VIRTUAL | -0% from 57.68% to 57.42% |
| cbXRP | +1% from 1.33M cbXRP to 1.34M cbXRP | -0% from 2.92M cbXRP to 2.91M cbXRP | +1% from 45.77% to 46.14% |
| DAI | -0% from 10.31K DAI to 10.31K DAI | +0% from 22.51K DAI to 22.51K DAI | -0% from 45.82% to 45.80% |
| cbETH | +0% from 749.67 cbETH to 751.07 cbETH | +0% from 1.63K cbETH to 1.63K cbETH | -0% from 45.97% to 45.95% |
| MAMO | -36% from 645.24K MAMO to 409.88K MAMO | -47% from 3.67M MAMO to 1.96M MAMO | +19% from 17.58% to 20.93% |
| tBTC | +0% from 0.20 tBTC to 0.20 tBTC | +0% from 0.92 tBTC to 0.92 tBTC | +0% from 21.26% to 21.32% |
| AERO | +24% from 2.74M AERO to 3.39M AERO | +2% from 16.24M AERO to 16.62M AERO | +21% from 16.89% to 20.41% |
| wstETH | -0% from 153.25 wstETH to 153.01 wstETH | +4% from 873.87 wstETH to 908.73 wstETH | -4% from 17.54% to 16.84% |
| cbBTC | -9% from 20.52 cbBTC to 18.74 cbBTC | +1% from 122.46 cbBTC to 124.13 cbBTC | -10% from 16.76% to 15.10% |
| WELL | -9% from 26.03M WELL to 23.68M WELL | +1% from 215.04M WELL to 218.16M WELL | -10% from 12.11% to 10.85% |
| USDbC | +0% from 913.87 USDbC to 913.93 USDbC | +0% from 8.18K USDbC to 8.18K USDbC | +0% from 11.17% to 11.17% |
| LBTC | +4% from 2.59 LBTC to 2.70 LBTC | +0% from 55.44 LBTC to 55.47 LBTC | +4% from 4.67% to 4.87% |
| MORPHO | +0% from 215.53K MORPHO to 215.57K MORPHO | +0% from 5.66M MORPHO to 5.66M MORPHO | +0% from 3.81% to 3.81% |
| rETH | -1% from 14.47 rETH to 14.34 rETH | +0% from 758.92 rETH to 759.83 rETH | -1% from 1.91% to 1.89% |
| weETH | -46% from 0.63 weETH to 0.34 weETH | +2% from 77.79 weETH to 79.50 weETH | -47% from 0.81% to 0.43% |
| wrsETH | 0% from 0.01 wrsETH to 0.01 wrsETH | -0% from 35.24 wrsETH to 35.24 wrsETH | +0% from 0.04% to 0.04% |
| VVV | +3% from 0.09 VVV to 0.10 VVV | -1% from 65.17K VVV to 64.53K VVV | +4% from 0.00% to 0.00% |
Notable Trends
- USDC supply +22% (15.00M → 18.36M USDC)
- AERO borrows +24% (2.74M → 3.39M AERO)
- EURC borrows +21% (548.63K → 666.43K EURC)
Liquidations
- Total liquidations: 132
- Total Collateral Seized (USD): $1,798.70
- Total Debt Repaid (USD): $1,635.18
- Total Liquidation Bonus (USD): $163.52
- Total Liquidator Bonus (USD): $114.46
- Total Protocol Bonus (USD): $49.06
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| AERO | 4,684.360780 | $1,460.48 | $1,327.71 | $132.77 | $92.94 | $39.83 | 5 |
| WETH | 0.090073 | $195.30 | $177.54 | $17.75 | $12.43 | $5.33 | 59 |
| USDC | 138.943561 | $138.93 | $126.30 | $12.63 | $8.84 | $3.79 | 40 |
| VIRTUAL | 3.184188 | $1.96 | $1.78 | $0.18 | $0.12 | $0.05 | 2 |
| cbETH | 0.000365 | $0.84 | $0.76 | $0.08 | $0.05 | $0.02 | 3 |
| EURC | 0.481620 | $0.55 | $0.50 | $0.05 | $0.04 | $0.02 | 8 |
| wstETH | 0.000154 | $0.39 | $0.35 | $0.04 | $0.02 | $0.01 | 1 |
| cbXRP | 0.131145 | $0.18 | $0.16 | $0.02 | $0.01 | $0.00 | 1 |
| cbBTC | 0.000001 | $0.05 | $0.05 | $0.00 | $0.00 | $0.00 | 1 |
| rETH | 0.000011 | $0.03 | $0.02 | $0.00 | $0.00 | $0.00 | 12 |
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% |
| WETH | 30.00K | 32.00K | 3.37% | 4.28% | 73.64% |
| DAI | 4.50M | 4.80M | 0.64% | 0.82% | 73.18% |
| USDT0 | 8.00M | 10.00M | 0.50% | 0.62% | 64.40% |
| USDC | 34.00M | 36.40M | 1.01% | 1.88% | 49.97% |
| USDT | 18.40M | 22.60M | 0.27% | 0.52% | 41.59% |
| OP | 650.00K | 5.60M | 51.59% | 15.49% | 38.67% |
| rETH | 150.00 | 750.00 | 1.55% | 2.29% | 13.50% |
| WBTC | 0.00 | 0.00 | 0.00% | 0.00% | 9.47% |
| VELO | 6.00M | 80.00M | 27.25% | 39.77% | 5.14% |
| wstETH | 300.00 | 5.00K | 1.35% | 2.35% | 3.45% |
| weETH | 0.00 | 0.00 | 0.00% | 0.00% | 3.08% |
| wrsETH | 0.00 | 0.00 | 0.00% | 0.00% | 2.22% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| rETH | $5,917.00 | 2.31739253 | $704.13 | 0.2718 |
| wstETH | $3,784.00 | 1.39714142 | $5,841.86 | 2.1263 |
| cbETH | $267.00 | 0.10794091 | $2.01 | 0.0008 |
| VELO | $22.00 | 1451.51745423 | $7,601.99 | 542999.2301 |
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% |
| WETH | -1% from 1.01K WETH to 1.01K WETH | -1% from 1.38K WETH to 1.37K WETH | +0% from 73.54% to 73.54% |
| DAI | +0% from 28.74K DAI to 28.77K DAI | -0% from 39.37K DAI to 39.28K DAI | +0% from 73.01% to 73.24% |
| USDT0 | +0% from 40.07K USDT0 to 40.11K USDT0 | -1% from 62.49K USDT0 to 62.14K USDT0 | +1% from 64.12% to 64.54% |
| USDC | +1% from 338.42K USDC to 342.69K USDC | +2% from 677.88K USDC to 694.47K USDC | -1% from 49.92% to 49.35% |
| USDT | +0% from 48.79K USDT to 48.82K USDT | +0% from 117.33K USDT to 117.34K USDT | +0% from 41.59% to 41.60% |
| OP | +21% from 300.05K OP to 361.85K OP | -0% from 870.53K OP to 866.25K OP | +21% from 34.47% to 41.77% |
| rETH | +0% from 2.32 rETH to 2.32 rETH | -4% from 17.68 rETH to 17.01 rETH | +4% from 13.12% to 13.64% |
| WBTC | 0% from 0.00 WBTC to 0.00 WBTC | 0% from 0.01 WBTC to 0.01 WBTC | +0% from 9.44% to 9.48% |
| VELO | -0% from 1.64M VELO to 1.63M VELO | +2% from 31.36M VELO to 32.08M VELO | -2% from 5.21% to 5.10% |
| wstETH | +5% from 3.89 wstETH to 4.06 wstETH | -11% from 121.93 wstETH to 109.13 wstETH | +17% from 3.19% to 3.72% |
| weETH | 0% from 1.29 weETH to 1.29 weETH | 0% from 41.78 weETH to 41.78 weETH | 0% from 3.08% to 3.08% |
| wrsETH | 0% from 0.28 wrsETH to 0.28 wrsETH | 0% from 12.48 wrsETH to 12.48 wrsETH | 0% from 2.22% to 2.22% |
Notable Trends
- wstETH supply -11% (121.93 → 109.13 wstETH)
- OP borrows +21% (300.05K → 361.85K OP)
Liquidations
- Total liquidations: 1
- Total Collateral Seized (USD): $4.49
- Total Debt Repaid (USD): $4.09
- Total Liquidation Bonus (USD): $0.41
- Total Liquidator Bonus (USD): $0.29
- Total Protocol Bonus (USD): $0.12
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| VELO | 340.975000 | $4.49 | $4.09 | $0.41 | $0.29 | $0.12 | 1 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 12234.99M% | 76.26% |
| xcDOT | 0.10 | 3.29M% | 48.10% |
| FRAX | 0.10 | 134.16K% | 46.50% |
| xcUSDC | 0.10 | 8.79M% | 18.75% |
| xcUSDT | 0.10 | 12.05M% | 15.41% |
| USDC.wh | 0.10 | 8.10M% | 8.58% |
| ETH.wh | 0.10 | 846.30% | 3.36% |
| BTC.wh | 0.10 | 1.28% | 0.12% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| GLMR | $136,953.00 | 12307238.1462746 | $46,749.93 | 4256464.7992 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +3% from 12.07M GLMR to 12.41M GLMR | +2% from 15.89M GLMR to 16.26M GLMR | +1% from 75.93% to 76.32% |
| xcDOT | +0% from 3.29K xcDOT to 3.29K xcDOT | +1% from 1.07M xcDOT to 1.08M xcDOT | -1% from 48.29% to 47.86% |
| FRAX | +0% from 134.16 FRAX to 134.16 FRAX | -0% from 38.70K FRAX to 38.69K FRAX | +0% from 46.49% to 46.51% |
| xcUSDC | +0% from 8.79K xcUSDC to 8.79K xcUSDC | -16% from 50.50K xcUSDC to 42.53K xcUSDC | +19% from 17.40% to 20.67% |
| xcUSDT | +0% from 12.04K xcUSDT to 12.05K xcUSDT | -1% from 78.61K xcUSDT to 78.01K xcUSDT | +1% from 15.32% to 15.44% |
| USDC.wh | +0% from 8.10K USDC.wh to 8.10K USDC.wh | +0% from 94.36K USDC.wh to 94.36K USDC.wh | +0% from 8.58% to 8.58% |
| ETH.wh | 0% from 0.85 ETH.wh to 0.85 ETH.wh | 0% from 25.18 ETH.wh to 25.18 ETH.wh | 0% from 3.36% to 3.36% |
| BTC.wh | +125% from 0.00 BTC.wh to 0.00 BTC.wh | 0% from 1.03 BTC.wh to 1.03 BTC.wh | +127% from 0.08% to 0.17% |
Liquidations
No liquidation events this week.