Weekly Update (6/5/26 - 6/11/26)
Anthias Labs would like to provide an update on market performance over the past week for Core markets on Base, OP Mainnet, Ethereum, and Moonbeam. Data from 6/5/26 to 6/11/26. 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 |
|---|---|---|---|---|---|
| cbETH | 0.00 | 4.00K | 0.00% | 19.13% | 91.40% |
| USDC | 184.00M | 200.00M | 7.46% | 7.68% | 89.29% |
| USDS | 690.00K | 750.00K | 1.36% | 1.41% | 89.14% |
| VIRTUAL | 0.00 | 4.50M | 0.00% | 33.80% | 88.31% |
| EURC | 21.00M | 21.90M | 2.45% | 2.77% | 84.94% |
| WETH | 64.00K | 96.00K | 5.60% | 5.24% | 71.25% |
| DAI | 300.00K | 400.00K | 4.22% | 5.63% | 56.18% |
| cbXRP | 0.00 | 5.00M | 0.00% | 49.17% | 32.67% |
| AERO | 7.50M | 70.00M | 69.19% | 32.92% | 22.65% |
| MAMO | 3.00M | 20.00M | 19.64% | 17.96% | 16.38% |
| wstETH | 500.00 | 14.40K | 28.41% | 6.12% | 16.11% |
| WELL | 34.00M | 250.00M | 82.12% | 70.53% | 15.83% |
| USDbC | 1.00 | 1.00 | 90.01K% | 807.91K% | 11.14% |
| cbBTC | 90.00 | 1.50K | 21.49% | 12.61% | 10.23% |
| tBTC | 5.00 | 50.00 | 1.89% | 1.94% | 9.74% |
| LBTC | 10.00 | 95.00 | 41.13% | 56.89% | 7.61% |
| MORPHO | 100.00K | 6.00M | 200.22% | 94.18% | 3.54% |
| rETH | 200.00 | 2.60K | 5.13% | 28.29% | 1.39% |
| weETH | 0.00 | 5.40K | 0.00% | 1.28% | 0.37% |
| wrsETH | 0.00 | 0.00 | 0.00% | 0.00% | 0.04% |
| VVV | 0.00 | 170.00K | 0.00% | 41.82% | 0.00% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| cbETH | $1,278,511.61 | 673.78597626 | $2,705.36 | 1.4312 |
| cbXRP | $864,870.42 | 757734.353326 | $10,127.23 | 9009.9888 |
| VIRTUAL | $741,208.36 | 1257804.46103417 | $10,105.90 | 17575.4866 |
| WETH | $405,771.16 | 242.12161762 | $133,363.44 | 79.8803 |
| USDC | $231,112.40 | 231175.805537 | $74,969.74 | 74969.7403 |
| MORPHO | $230,744.69 | 119682.39308683 | $29,839.94 | 14816.258 |
| EURC | $195,254.14 | 168915.776587 | $29,968.75 | 25991.981 |
| wstETH | $170,253.27 | 82.15372156 | $74,930.11 | 36.298 |
| AERO | $165,524.89 | 473832.27466287 | $108,036.81 | 312245.1151 |
| cbBTC | $19,878.36 | 0.31302569 | $115,457.93 | 1.83 |
| DAI | $1,533.51 | 1533.82381679 | $1,985.34 | 1985.338 |
| USDS | $1,063.09 | 1063.45510516 | $177.45 | 177.4499 |
| tBTC | $767.06 | 0.01212033 | $5,528.79 | 0.0878 |
| WELL | $87.03 | 23647.25008419 | $11,526.26 | 2881563.7782 |
| weETH | $6.10 | 0.00331828 | $12,900.78 | 7.0516 |
| rETH | $1.84 | 0.00094271 | $8,957.86 | 4.6048 |
| LBTC | $1.01 | 0.00001577 | $14,566.11 | 0.2299 |
| wrsETH | $0.84 | 0.00047018 | $2,104.90 | 1.1745 |
| MAMO | $0.37 | 45.19785555 | $232.85 | 29106.5416 |
| USDbC | $0.03 | 0.033595 | $3.52 | 3.516 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbETH | -1% from 696.87 cbETH to 687.63 cbETH | -41% from 1.16K cbETH to 687.72 cbETH | +67% from 60.04% to 99.99% |
| USDC | -7% from 14.45M USDC to 13.50M USDC | -2% from 15.44M USDC to 15.19M USDC | -5% from 93.62% to 88.88% |
| USDS | +1% from 9.37K USDS to 9.44K USDS | +4% from 10.21K USDS to 10.61K USDS | -3% from 91.78% to 88.97% |
| VIRTUAL | +0% from 1.27M VIRTUAL to 1.27M VIRTUAL | -46% from 2.35M VIRTUAL to 1.28M VIRTUAL | +84% from 54.11% to 99.52% |
| EURC | -1% from 518.92K EURC to 513.21K EURC | +9% from 587.72K EURC to 639.78K EURC | -9% from 88.29% to 80.22% |
| WETH | +9% from 3.28K WETH to 3.57K WETH | +5% from 4.76K WETH to 4.99K WETH | +4% from 68.91% to 71.42% |
| DAI | +23% from 10.85K DAI to 13.31K DAI | +1% from 22.48K DAI to 22.63K DAI | +22% from 48.28% to 58.84% |
| cbXRP | -0% from 806.06K cbXRP to 802.63K cbXRP | -2% from 2.49M cbXRP to 2.45M cbXRP | +1% from 32.40% to 32.77% |
| AERO | +2% from 5.14M AERO to 5.22M AERO | +29% from 18.40M AERO to 23.72M AERO | -21% from 27.92% to 22.01% |
| MAMO | -44% from 736.42K MAMO to 413.24K MAMO | -8% from 3.85M MAMO to 3.56M MAMO | -39% from 19.12% to 11.62% |
| wstETH | -15% from 166.52 wstETH to 141.42 wstETH | -4% from 917.35 wstETH to 877.03 wstETH | -11% from 18.15% to 16.12% |
| WELL | +20% from 25.06M WELL to 30.07M WELL | +2% from 174.19M WELL to 176.93M WELL | +18% from 14.39% to 17.00% |
| USDbC | -1% from 908.28 USDbC to 899.70 USDbC | -0% from 8.08K USDbC to 8.08K USDbC | -1% from 11.24% to 11.14% |
| cbBTC | +10% from 20.28 cbBTC to 22.27 cbBTC | +3% from 184.36 cbBTC to 189.73 cbBTC | +7% from 11.00% to 11.73% |
| tBTC | +3% from 0.08 tBTC to 0.09 tBTC | +7% from 0.91 tBTC to 0.98 tBTC | -3% from 9.27% to 8.95% |
| LBTC | -11% from 4.28 LBTC to 3.81 LBTC | -2% from 55.03 LBTC to 53.81 LBTC | -9% from 7.78% to 7.08% |
| MORPHO | -1% from 200.39K MORPHO to 198.19K MORPHO | +0% from 5.64M MORPHO to 5.65M MORPHO | -1% from 3.55% to 3.51% |
| rETH | -22% from 12.60 rETH to 9.85 rETH | -2% from 747.79 rETH to 733.90 rETH | -20% from 1.68% to 1.34% |
| weETH | -20% from 0.30 weETH to 0.24 weETH | +7% from 68.34 weETH to 73.39 weETH | -26% from 0.44% to 0.32% |
| wrsETH | 0% from 0.01 wrsETH to 0.01 wrsETH | -0% from 33.15 wrsETH to 33.15 wrsETH | +0% from 0.04% to 0.04% |
| VVV | 0% from 0.10 VVV to 0.10 VVV | -40% from 88.29K VVV to 52.91K VVV | +67% from 0.00% to 0.00% |
Notable Trends
- AERO supply +29% (18.40M → 23.72M AERO)
- USDC borrows -7% (14.45M → 13.50M USDC)
- cbETH supply -41% (1.16K → 687.72 cbETH)
- VIRTUAL supply -46% (2.35M → 1.28M VIRTUAL)
- VVV supply -40% (88.29K → 52.91K VV*)
- WETH borrows +9% (3.28K → 3.57K WETH)
Liquidations
No liquidation events this week.
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% | 99.91% |
| USDT0 | 8.00M | 10.00M | 0.55% | 0.52% | 84.26% |
| USDC | 34.00M | 36.40M | 1.73% | 2.09% | 77.10% |
| DAI | 4.50M | 4.80M | 0.63% | 0.78% | 75.46% |
| WETH | 30.00K | 32.00K | 2.59% | 3.62% | 67.14% |
| USDT | 18.40M | 22.60M | 0.13% | 0.16% | 65.63% |
| OP | 650.00K | 5.60M | 38.67% | 13.18% | 34.06% |
| weETH | 0.00 | 0.00 | 0.00% | 0.00% | 14.13% |
| rETH | 0.00 | 750.00 | 0.00% | 2.24% | 13.85% |
| WBTC | 0.00 | 0.00 | 0.00% | 0.00% | 9.49% |
| wstETH | 0.00 | 5.00K | 0.00% | 2.32% | 3.05% |
| VELO | 6.00M | 80.00M | 34.39% | 92.76% | 2.78% |
| wrsETH | 0.00 | 0.00 | 0.00% | 0.00% | 2.23% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| rETH | $4,519.00 | 2.32047712 | $546.29 | 0.2805 |
| wstETH | $2,889.00 | 1.3976799 | $4,396.35 | 2.127 |
| cbETH | $314.00 | 0.16600263 | $12.49 | 0.0066 |
| VELO | $20.00 | 1457.95428125 | $8,259.48 | 589962.9086 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbETH | 0% from 0.17 cbETH to 0.17 cbETH | 0% from 0.17 cbETH to 0.17 cbETH | 0% from 99.91% to 99.91% |
| USDT0 | -2% from 44.56K USDT0 to 43.83K USDT0 | -1% from 52.47K USDT0 to 51.91K USDT0 | -1% from 84.94% to 84.43% |
| USDC | -26% from 654.87K USDC to 486.05K USDC | -18% from 793.03K USDC to 653.62K USDC | -10% from 82.58% to 74.36% |
| DAI | -16% from 29.04K DAI to 24.38K DAI | +5% from 36.91K DAI to 38.83K DAI | -20% from 78.68% to 62.78% |
| WETH | +0% from 778.06 WETH to 779.40 WETH | -1% from 1.16K WETH to 1.15K WETH | +2% from 66.84% to 67.95% |
| USDT | -15% from 27.54K USDT to 23.43K USDT | -8% from 39.53K USDT to 36.38K USDT | -8% from 69.65% to 64.41% |
| OP | -54% from 293.53K OP to 135.73K OP | +1% from 732.20K OP to 738.40K OP | -54% from 40.09% to 18.38% |
| weETH | +0% from 1.29 weETH to 1.29 weETH | -0% from 9.17 weETH to 9.15 weETH | +0% from 14.09% to 14.13% |
| rETH | +0% from 2.32 rETH to 2.32 rETH | -1% from 16.86 rETH to 16.77 rETH | +1% from 13.78% to 13.86% |
| WBTC | 0% from 0.00 WBTC to 0.00 WBTC | 0% from 0.01 WBTC to 0.01 WBTC | 0% from 9.49% to 9.49% |
| wstETH | +0% from 3.52 wstETH to 3.52 wstETH | -10% from 118.18 wstETH to 106.68 wstETH | +11% from 2.98% to 3.30% |
| VELO | -36% from 2.98M VELO to 1.91M VELO | -3% from 75.98M VELO to 73.99M VELO | -34% from 3.92% to 2.59% |
| wrsETH | +0% from 0.28 wrsETH to 0.28 wrsETH | -1% from 12.46 wrsETH to 12.40 wrsETH | +1% from 2.22% to 2.23% |
Notable Trends
- USDC borrows -26% (654.87K → 486.05K USDC)
- USDC supply -18% (793.03K → 653.62K USDC)
- wstETH supply -10% (118.18 → 106.68 wstETH)
- OP borrows -54% (293.53K → 135.73K OP)
Liquidations
- Total liquidations: 51
- Total Collateral Seized (USD): $23,191.55
- Total Debt Repaid (USD): $21,083.23
- Total Liquidation Bonus (USD): $2,108.32
- Total Liquidator Bonus (USD): $1,475.83
- Total Protocol Bonus (USD): $632.50
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| VELO | 1,074,244.998060 | $13,618.34 | $12,380.31 | $1,238.03 | $866.62 | $371.41 | 11 |
| WETH | 5.448232 | $9,039.64 | $8,217.85 | $821.79 | $575.25 | $246.54 | 10 |
| OP | 2,092.035920 | $195.56 | $177.78 | $17.78 | $12.44 | $5.33 | 19 |
| rETH | 0.098709 | $181.26 | $164.78 | $16.48 | $11.53 | $4.94 | 3 |
| weETH | 0.028688 | $50.99 | $46.35 | $4.64 | $3.24 | $1.39 | 5 |
| USDC | 42.252600 | $42.24 | $38.40 | $3.84 | $2.69 | $1.15 | 1 |
| wstETH | 0.021135 | $41.47 | $37.70 | $3.77 | $2.64 | $1.13 | 1 |
| USDT0 | 22.078100 | $22.06 | $20.06 | $2.01 | $1.40 | $0.60 | 1 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 14518.13M% | 100.00% |
| xcUSDT | 0.10 | 11.06M% | 14.18% |
| xcUSDC | 0.10 | 5.49M% | 12.98% |
| USDC.wh | 0.10 | 6.66M% | 7.09% |
| ETH.wh | 0.10 | 823.88% | 3.31% |
| BTC.wh | 0.10 | 11.82% | 1.16% |
| xcDOT | 0.10 | 3.30M% | 0.31% |
| FRAX | 0.10 | 70.46K% | 0.19% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| GLMR | $134,192.00 | 14402952.44050636 | $47,872.39 | 5319153.9155 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +0% from 14.52M GLMR to 14.52M GLMR | +0% from 14.52M GLMR to 14.52M GLMR | 0% from 100.00% to 100.00% |
| xcUSDT | -4% from 11.45K xcUSDT to 11.00K xcUSDT | -0% from 77.98K xcUSDT to 77.98K xcUSDT | -4% from 14.68% to 14.11% |
| xcUSDC | -19% from 6.66K xcUSDC to 5.42K xcUSDC | -0% from 42.33K xcUSDC to 42.26K xcUSDC | -18% from 15.73% to 12.82% |
| USDC.wh | -9% from 7.08K USDC.wh to 6.45K USDC.wh | -0% from 94.20K USDC.wh to 93.96K USDC.wh | -9% from 7.51% to 6.87% |
| ETH.wh | +0% from 0.82 ETH.wh to 0.82 ETH.wh | -1% from 25.06 ETH.wh to 24.87 ETH.wh | +1% from 3.29% to 3.31% |
| BTC.wh | +6% from 0.01 BTC.wh to 0.01 BTC.wh | -0% from 1.02 BTC.wh to 1.02 BTC.wh | +7% from 1.10% to 1.18% |
| xcDOT | +0% from 3.30K xcDOT to 3.30K xcDOT | -0% from 1.07M xcDOT to 1.07M xcDOT | +0% from 0.31% to 0.31% |
| FRAX | -25% from 91.84 FRAX to 68.80 FRAX | -0% from 37.57K FRAX to 37.53K FRAX | -25% from 0.24% to 0.18% |
Notable Trends
- xcUSDC borrows -19% (6.66K → 5.42K xcUSDC)
- USDC.wh borrows -9% (7.08K → 6.45K USDC.wh)
- xcUSDT borrows -4% (11.45K → 11.00K xcUSDT)
Liquidations
No liquidation events this week.
Ethereum
| Asset | Current Borrow Cap | Current Supply Cap | Average Borrow Cap Usage (Past Week) | Average Supply Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|---|---|
| WETH | 20.00K | 30.00K | 0.00% | 0.00% | 0.00% |
| USDC | 180.00M | 200.00M | 0.00% | 0.00% | 0.00% |
| USDT | 180.00M | 200.00M | 0.00% | 0.00% | 0.00% |
| cbBTC | 600.00 | 1.00K | 0.00% | 0.00% | 0.00% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| WETH | N/A | +742% from 0.00 WETH to 0.01 WETH | N/A |
| USDC | N/A | +87308% from 5.69 USDC to 4.97K USDC | N/A |
| USDT | N/A | 0% from 1.00 USDT to 1.00 USDT | N/A |
| cbBTC | N/A | 0% from 0.00 cbBTC to 0.00 cbBTC | N/A |
Notable Trends
- USDC supply +87308% (5.69 → 4.97K USDC)
Liquidations
No liquidation events this week.


