Market

Market Attributes

Loan

USDtb

Collateral

sUSDe4.91%

Liquidation LTV

91.5%

Oracle price

1 sUSDe = 1.25 USDtb

Created on

2025-05-14

Utilization

88.09%

Total market size

$1.03M

Market Attributes

Outstanding Loans (USD)

$913.32k

Rates

Rate Breakdown

Native Rate

3.81%

Instant3.86%

24h average3.82%

7D average3.85%

sUSDe Yield

4.91%

Instantaneous Rates

Instantaneous Rate

3.86%

IRM Breakdown

Target utilization

90%

Current utilization

88.09%

Borrow amount to target utilization

$19.77k

Interest rate model

0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC

Risk

Oracle Attributes

Oracle address

0x67BcC03438D7d71c39343d7AD21cb73Dc19aDB89

Oracle creation

0x7c732e585cb794f703a46c08e9f45d157e3474edde77af98c7a50535869ac375

Created on

2025-05-14

Trusted by

Value secured

$2.21M

Oracle price

1 sUSDe = 1.25 USDtb

DefiLlama price

1 sUSDe = 1.24 USDtb

Oracle Attributes

Liquidations

Liquidation Loan-To-Value (LLTV)

91.5%

Realized Bad Debt

0.00 USDtb

Liquidation Penalty

2.61%

Unrealized Bad Debt

0.00 USDtb

Collateral at risk

Oracle price change

All Liquidations

No liquidation has been executed.

All Liquidations

Activity

Vaults Listing The Market

Vault	Curator	Allocation
Steakhouse Ethena USDtbV1	Steakhouse Financial	$1.03M

Vaults Listing The Market

Borrowers

Collateral	Loan	Health	Borrow Share
673,729.55 sUSDe$841.76k	716,070.31 USDtb$715.78k	1.076	78.37%
84,140.41 sUSDe$105.12k	94,223.11 USDtb$94.18k	1.021	10.31%
27,370.66 sUSDe$34.19k	29,343.73 USDtb$29.33k	1.067	3.21%
14,750.98 sUSDe$18.43k	16,343.32 USDtb$16.33k	1.032	1.78%
11,862.27 sUSDe$14.82k	12,608.21 USDtb$12.60k	1.076	1.37%
9,612.7 sUSDe$12.01k	10,963.36 USDtb$10.95k	1.003	1.19%
10,473.91 sUSDe$13.08k	10,936.66 USDtb$10.93k	1.095	1.19%
10,043.59 sUSDe$12.54k	10,409.52 USDtb$10.40k	1.104	1.13%
6,843.6 sUSDe$8550.48	7,415.39 USDtb$7412.42	1.056	0.81%
2,622.83 sUSDe$3277.00	2,574.81 USDtb$2573.78	1.165	0.28%

of

Suppliers

Supplier	Supply (USDtb)	Supply Share
	1,036,942.43$1.03M	99.97%
	248.147$248.04	0.02%
	1.044$1.04	< 0.01%
	< 0.001$< 0.01	0.00%

All Transactions

Type:

Date	Type	Amount	User
2026-09-17 21:26:47	Withdraw	18.821 USDtb$18.81	Steakhouse Ethena USDtbV1
2026-09-14 21:52:35	Withdraw collateral	8,374.18 sUSDe$10.46k
2026-09-14 21:52:35	Repay	8,682.35 USDtb$8678.78
2026-09-14 21:49:23	Withdraw collateral	7,000 sUSDe$8746.35
2026-09-14 21:49:23	Repay	7,857.46 USDtb$7854.23
2026-09-14 21:37:35	Withdraw collateral	6,187.86 sUSDe$7731.60
2026-09-14 21:37:35	Lend	0.013 USDtb$0.01	Steakhouse Ethena USDtbV1
2026-09-14 21:37:35	Withdraw	0.66 USDtb$0.65	Steakhouse Ethena USDtbV1
2026-09-14 21:36:35	Withdraw collateral	54,929.54 sUSDe$68.63k
2026-09-14 21:36:35	Repay	68,388.41 USDtb$68.36k

1

All Transactions

Market

Rates

Risk

Activity

Market

Rates

Risk

Activity

USDtb backed by sUSDe

Market

Rates

Risk

Activity

USDtb backed by sUSDe