Weekly Update (6/19/26 - 6/25/26)
Anthias Labs would like to provide an update on market performance over the past week for Core markets on Base, Ethereum, OP Mainnet, and Moonbeam. Data from 6/19/26 to 6/25/26. 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% | 17.19% | 100.00% |
| VIRTUAL | 0.00 | 4.50M | 0.00% | 28.26% | 100.00% |
| USDC | 184.00M | 200.00M | 7.38% | 7.58% | 89.65% |
| USDS | 690.00K | 750.00K | 1.38% | 1.46% | 86.90% |
| WETH | 64.00K | 96.00K | 6.17% | 5.14% | 80.14% |
| EURC | 21.00M | 21.90M | 2.33% | 2.83% | 78.92% |
| DAI | 300.00K | 400.00K | 4.02% | 5.66% | 53.18% |
| MAMO | 3.00M | 20.00M | 18.85% | 7.91% | 38.06% |
| cbXRP | 0.00 | 5.00M | 0.00% | 48.84% | 32.88% |
| AERO | 7.50M | 70.00M | 62.58% | 33.69% | 19.90% |
| WELL | 34.00M | 250.00M | 73.09% | 70.84% | 14.03% |
| cbBTC | 90.00 | 1.50K | 25.26% | 12.49% | 12.14% |
| tBTC | 5.00 | 50.00 | 2.07% | 1.80% | 11.56% |
| USDbC | 1.00 | 1.00 | 89.97K% | 804.44K% | 11.18% |
| LBTC | 10.00 | 95.00 | 60.64% | 59.24% | 10.77% |
| wstETH | 500.00 | 14.40K | 21.05% | 8.10% | 9.03% |
| MORPHO | 100.00K | 6.00M | 180.46% | 93.94% | 3.20% |
| VVV | 1.00K | 170.00K | 72.23% | 30.76% | 1.39% |
| rETH | 200.00 | 2.60K | 4.91% | 28.23% | 1.34% |
| weETH | 0.00 | 5.40K | 0.00% | 1.26% | 0.33% |
| wrsETH | 0.00 | 0.00 | 0.00% | 0.00% | 0.04% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| cbETH | $1,199,604.01 | 674.040751 | $2,993.22 | 1.6971 |
| cbXRP | $787,007.86 | 758023.192362 | $11,501.45 | 11134.0292 |
| VIRTUAL | $653,019.70 | 1258284.87662329 | $9,328.13 | 18077.7706 |
| WETH | $263,408.08 | 167.75233847 | $9,792.13 | 6.2927 |
| MORPHO | $181,462.14 | 104943.54152831 | $143.98 | 82.2761 |
| EURC | $162,876.14 | 143409.890759 | $367.05 | 323.1096 |
| USDC | $162,002.92 | 162062.055402 | $8,802.37 | 8802.3723 |
| wstETH | $90,438.23 | 46.52880657 | $1,272.28 | 0.6605 |
| AERO | $80,679.13 | 168630.2687355 | $4,848.62 | 10250.7749 |
| cbBTC | $2,381.70 | 0.04000863 | $8,169.29 | 0.1384 |
| DAI | $1,536.97 | 1537.62634433 | $2,019.80 | 2019.7967 |
| USDS | $1,070.46 | 1070.91805825 | $184.32 | 184.3225 |
| tBTC | $721.49 | 0.01212399 | $5,197.39 | 0.0878 |
| WELL | $79.61 | 23676.49620403 | $8,669.46 | 2889819.889 |
| weETH | $5.72 | 0.00331834 | $12,041.15 | 7.0516 |
| rETH | $1.72 | 0.00094273 | $8,355.60 | 4.6049 |
| LBTC | $0.94 | 0.00001578 | $13,635.36 | 0.23 |
| wrsETH | $0.79 | 0.00047019 | $1,963.81 | 1.1745 |
| MAMO | $0.35 | 45.48170571 | $241.65 | 30205.8856 |
| USDbC | $0.03 | 0.033601 | $3.68 | 3.6833 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbETH | +0% from 687.71 cbETH to 687.84 cbETH | +0% from 687.71 cbETH to 687.86 cbETH | -0% from 100.00% to 100.00% |
| VIRTUAL | +0% from 1.27M VIRTUAL to 1.27M VIRTUAL | +0% from 1.27M VIRTUAL to 1.27M VIRTUAL | -0% from 100.00% to 99.99% |
| USDC | +3% from 13.48M USDC to 13.87M USDC | +3% from 14.96M USDC to 15.36M USDC | +0% from 90.13% to 90.30% |
| USDS | -0% from 9.50K USDS to 9.49K USDS | +6% from 10.57K USDS to 11.20K USDS | -6% from 89.85% to 84.73% |
| WETH | +2% from 3.88K WETH to 3.96K WETH | -9% from 5.05K WETH to 4.61K WETH | +12% from 76.67% to 86.10% |
| EURC | -1% from 489.42K EURC to 484.37K EURC | -1% from 608.10K EURC to 602.22K EURC | -0% from 80.48% to 80.43% |
| DAI | +3% from 11.84K DAI to 12.23K DAI | +0% from 22.66K DAI to 22.75K DAI | +3% from 52.28% to 53.77% |
| MAMO | -31% from 590.90K MAMO to 407.16K MAMO | +77% from 1.37M MAMO to 2.42M MAMO | -61% from 43.22% to 16.80% |
| cbXRP | +0% from 802.79K cbXRP to 802.92K cbXRP | -2% from 2.46M cbXRP to 2.41M cbXRP | +2% from 32.62% to 33.33% |
| AERO | -19% from 4.91M AERO to 3.97M AERO | +0% from 23.59M AERO to 23.61M AERO | -19% from 20.83% to 16.81% |
| WELL | -10% from 26.18M WELL to 23.54M WELL | +1% from 176.45M WELL to 178.33M WELL | -11% from 14.83% to 13.20% |
| cbBTC | -13% from 23.86 cbBTC to 20.66 cbBTC | +1% from 186.18 cbBTC to 188.59 cbBTC | -15% from 12.82% to 10.95% |
| tBTC | +6% from 0.10 tBTC to 0.11 tBTC | -11% from 0.99 tBTC to 0.88 tBTC | +20% from 10.04% to 12.04% |
| USDbC | -0% from 899.72 USDbC to 895.25 USDbC | -1% from 8.08K USDbC to 8.03K USDbC | +0% from 11.14% to 11.15% |
| LBTC | -6% from 5.78 LBTC to 5.46 LBTC | +1% from 55.81 LBTC to 56.42 LBTC | -7% from 10.37% to 9.68% |
| wstETH | -0% from 105.24 wstETH to 105.21 wstETH | +4% from 1.12K wstETH to 1.17K wstETH | -4% from 9.41% to 9.03% |
| MORPHO | +0% from 180.45K MORPHO to 180.47K MORPHO | -0% from 5.64M MORPHO to 5.64M MORPHO | +0% from 3.20% to 3.20% |
| VVV | +999911% from 0.10 VVV to 1.00K VVV | -8% from 53.30K VVV to 49.09K VVV | +1083554% from 0.00% to 2.04% |
| rETH | -0% from 9.83 rETH to 9.80 rETH | -0% from 734.01 rETH to 733.92 rETH | -0% from 1.34% to 1.33% |
| weETH | -0% from 0.22 weETH to 0.22 weETH | -6% from 69.14 weETH to 64.91 weETH | +6% from 0.32% to 0.34% |
| wrsETH | 0% from 0.01 wrsETH to 0.01 wrsETH | -12% from 33.15 wrsETH to 29.30 wrsETH | +13% from 0.04% to 0.05% |
Notable Trends
- WETH supply -9% (5.05K → 4.61K WETH)
- AERO borrows -19% (4.91M → 3.97M AERO)
- USDC supply +3% (14.96M → 15.36M USDC)
- USDC borrows +3% (13.48M → 13.87M USDC)
- cbBTC borrows -13% (23.86 → 20.66 cbBTC)
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 |
|---|---|---|---|---|---|
| cbBTC | 600.00 | 1.00K | 0.33% | 0.55% | 35.41% |
| WETH | 20.00K | 30.00K | 0.58% | 1.40% | 27.19% |
| USDT | 180.00M | 200.00M | 0.03% | 0.29% | 8.48% |
| USDC | 180.00M | 200.00M | 0.03% | 0.37% | 7.17% |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbBTC | +284% from 0.60 cbBTC to 2.30 cbBTC | +112% from 3.67 cbBTC to 7.78 cbBTC | +81% from 16.35% to 29.56% |
| WETH | +154% from 58.65 WETH to 148.92 WETH | +93% from 246.66 WETH to 475.32 WETH | +32% from 23.78% to 31.33% |
| USDT | +19322% from 269.07 USDT to 52.26K USDT | +44% from 414.39K USDT to 596.93K USDT | +13383% from 0.06% to 8.75% |
| USDC | -7% from 50.04K USDC to 46.78K USDC | +72% from 491.87K USDC to 847.85K USDC | -46% from 10.17% to 5.52% |
Notable Trends
- WETH supply +93% (246.66 → 475.32 WETH)
- USDC supply +72% (491.87K → 847.85K USDC)
- cbBTC supply +112% (3.67 → 7.78 cbBTC)
- USDT supply +44% (414.39K → 596.93K USDT)
- WETH borrows +154% (58.65 → 148.92 WETH)
- cbBTC borrows +284% (0.60 → 2.30 cbBTC)
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% | 100.00% |
| USDT0 | 8.00M | 10.00M | 0.55% | 0.52% | 84.68% |
| USDC | 34.00M | 36.40M | 0.95% | 1.25% | 70.14% |
| DAI | 4.50M | 4.80M | 0.54% | 0.78% | 65.35% |
| USDT | 18.40M | 22.60M | 0.13% | 0.16% | 64.96% |
| WETH | 30.00K | 32.00K | 1.30% | 2.36% | 40.57% |
| weETH | 0.00 | 90.00 | 0.00% | 10.16% | 14.15% |
| rETH | 0.00 | 750.00 | 0.00% | 2.24% | 13.86% |
| OP | 650.00K | 5.60M | 14.53% | 13.16% | 12.82% |
| WBTC | 0.00 | 0.00 | 0.00% | 0.00% | 9.49% |
| wstETH | 0.00 | 5.00K | 0.00% | 2.13% | 3.30% |
| VELO | 6.00M | 80.00M | 31.03% | 88.53% | 2.63% |
| 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 | $4,225.00 | 2.32047712 | $513.59 | 0.2805 |
| wstETH | $2,702.00 | 1.39779121 | $4,134.04 | 2.1271 |
| cbETH | $340.00 | 0.1922469 | $16.55 | 0.0093 |
| WETH | $56.00 | 0.0362381 | $48,717.48 | 31.0257 |
| VELO | $27.00 | 1459.19960985 | $11,238.53 | 591501.5663 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| cbETH | 0% from 0.19 cbETH to 0.19 cbETH | 0% from 0.19 cbETH to 0.19 cbETH | 0% from 100.00% to 100.00% |
| USDT0 | +0% from 43.88K USDT0 to 43.95K USDT0 | -0% from 51.82K USDT0 to 51.79K USDT0 | +0% from 84.68% to 84.86% |
| USDC | -41% from 484.17K USDC to 285.05K USDC | -41% from 654.59K USDC to 383.21K USDC | +1% from 73.97% to 74.39% |
| DAI | +0% from 24.38K DAI to 24.43K DAI | -10% from 38.83K DAI to 35.12K DAI | +11% from 62.78% to 69.55% |
| USDT | -19% from 23.45K USDT to 19.05K USDT | -2% from 36.86K USDT to 36.08K USDT | -17% from 63.62% to 52.81% |
| WETH | -85% from 778.35 WETH to 113.86 WETH | -61% from 1.14K WETH to 449.04 WETH | -63% from 68.05% to 25.36% |
| weETH | +0% from 1.29 weETH to 1.29 weETH | -0% from 9.15 weETH to 9.15 weETH | +0% from 14.13% to 14.15% |
| rETH | 0% from 2.32 rETH to 2.32 rETH | 0% from 16.77 rETH to 16.77 rETH | 0% from 13.86% to 13.86% |
| OP | -11% from 96.81K OP to 86.64K OP | -0% from 738.67K OP to 736.59K OP | -10% from 13.11% to 11.76% |
| 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 | +29% from 106.83 wstETH to 138.24 wstETH | -23% from 3.29% to 2.55% |
| VELO | -6% from 1.94M VELO to 1.82M VELO | +0% from 70.75M VELO to 71.08M VELO | -7% from 2.74% to 2.56% |
| wrsETH | 0% from 0.28 wrsETH to 0.28 wrsETH | 0% from 12.39 wrsETH to 12.39 wrsETH | 0% from 2.23% to 2.23% |
Notable Trends
- WETH supply -61% (1.14K → 449.04 WETH)
- WETH borrows -85% (778.35 → 113.86 WETH)
- USDC supply -41% (654.59K → 383.21K USDC)
- USDC borrows -41% (484.17K → 285.05K USDC)
- wstETH supply +29% (106.83 → 138.24 wstETH)
Liquidations
- Total liquidations: 9
- Total Collateral Seized (USD): $5,425.34
- Total Debt Repaid (USD): $4,932.13
- Total Liquidation Bonus (USD): $493.21
- Total Liquidator Bonus (USD): $345.25
- Total Protocol Bonus (USD): $147.96
| Asset | Total Seized (Tokens) | Total Seized (USD) | Debt Repaid (USD) | Liquidation Bonus (USD) | Liquidator Bonus (USD) | Protocol Bonus (USD) | Liquidation Count |
|---|---|---|---|---|---|---|---|
| USDC | 5,287.166400 | $5,285.65 | $4,805.13 | $480.51 | $336.36 | $144.15 | 7 |
| WETH | 0.080438 | $139.70 | $127.00 | $12.70 | $8.89 | $3.81 | 2 |
Moonbeam
| Asset | Current Borrow Cap | Average Borrow Cap Usage (Past Week) | Average Utilization |
|---|---|---|---|
| GLMR | 0.10 | 14521.50M% | 100.00% |
| xcUSDT | 0.10 | 11.00M% | 14.10% |
| xcUSDC | 0.10 | 5.15M% | 12.19% |
| USDC.wh | 0.10 | 6.35M% | 6.77% |
| ETH.wh | 0.10 | 824.37% | 3.32% |
| BTC.wh | 0.10 | 11.91% | 1.17% |
| xcDOT | 0.10 | 3.30M% | 0.31% |
| FRAX | 0.10 | 68.65K% | 0.18% |
Bad Debt & Reserves
| Market | Bad Debt (USD) | Bad Debt (tokens) | Reserves (USD) | Reserves (tokens) |
|---|---|---|---|---|
| GLMR | $123,293.00 | 14409223.84721585 | $47,933.47 | 5325941.1701 |
Week-over-Week Changes
| Asset | Total Borrow | Total Supply | Utilization |
|---|---|---|---|
| GLMR | +0% from 14.52M GLMR to 14.53M GLMR | +0% from 14.52M GLMR to 14.53M GLMR | -0% from 100.00% to 100.00% |
| xcUSDT | -0% from 11.00K xcUSDT to 10.98K xcUSDT | +0% from 77.98K xcUSDT to 77.99K xcUSDT | -0% from 14.11% to 14.07% |
| xcUSDC | -25% from 5.42K xcUSDC to 4.04K xcUSDC | -0% from 42.26K xcUSDC to 42.13K xcUSDC | -25% from 12.82% to 9.60% |
| USDC.wh | -6% from 6.46K USDC.wh to 6.05K USDC.wh | -0% from 93.97K USDC.wh to 93.71K USDC.wh | -6% from 6.87% to 6.45% |
| ETH.wh | +0% from 0.82 ETH.wh to 0.83 ETH.wh | -0% from 24.87 ETH.wh to 24.85 ETH.wh | +0% from 3.31% to 3.32% |
| BTC.wh | -11% from 0.01 BTC.wh to 0.01 BTC.wh | -0% from 1.02 BTC.wh to 1.02 BTC.wh | -11% from 1.18% to 1.05% |
| xcDOT | +0% from 3.30K xcDOT to 3.30K xcDOT | -0% from 1.07M xcDOT to 1.06M xcDOT | +0% from 0.31% to 0.31% |
| FRAX | -8% from 68.80 FRAX to 63.33 FRAX | -0% from 37.53K FRAX to 37.52K FRAX | -8% from 0.18% to 0.17% |
Liquidations
No liquidation events this week.