Market

Market Attributes

Loan

USDC

Collateral

mM1-USD

Liquidation LTV

86%

Oracle price

1 mM1-USD = 1.03 USDC

Created on

2026-06-18

Utilization

86.71%

Total market size

$8.95M

Market Attributes

Outstanding Loans (USD)

$7.76M

Rates

Rate Breakdown

Native Rate

8.44%

Instant8.45%

24h average8.46%

7D average8.59%

Instantaneous Rates

Instantaneous Rate

8.45%

IRM Breakdown

Target utilization

90%

Current utilization

86.71%

Borrow amount to target utilization

$294.19k

Interest rate model

0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC

Risk

Oracle Attributes

Oracle address

0xb5587Ca06248C8a52766592876c5dED6Ff7b0b0a

Oracle creation

0x31a9c0c27f1c714a4cb26f706be7da78045d49002724997fc5794a8338d1acc7

Created on

2026-06-18

Trusted by

Value secured

$27.23M

Oracle price

1 mM1-USD = 1.03 USDC

DefiLlama price

1 mM1-USD = 1.03 USDC

Oracle Attributes

Liquidations

Liquidation Loan-To-Value (LLTV)

86%

Realized Bad Debt

0.00 USDC

Liquidation Penalty

4.38%

Unrealized Bad Debt

0.00 USDC

Collateral at risk

Oracle price change

All Liquidations

No liquidation has been executed.

All Liquidations

Activity

Vaults Listing The Market

Vault	Curator	Allocation
M1 USDC	Waterline	$8.65M

Vaults Listing The Market

Borrowers

Collateral	Loan	Health	Borrow Share
9,086,494.51 mM1-USD$9.38M	3,744,393.41 USDC$3.74M	2.154	48.22%
5,007,808.23 mM1-USD$5.16M	1,889,354.98 USDC$1.88M	2.353	24.33%
1,600,000 mM1-USD$1.65M	1,021,526.08 USDC$1.02M	1.391	13.15%
1,464,727.84 mM1-USD$1.51M	816,920.52 USDC$816.83k	1.592	10.52%
400,000 mM1-USD$412.93k	173,603.72 USDC$173.58k	2.046	2.23%
132,739.64 mM1-USD$137.03k	106,972.57 USDC$106.96k	1.102	1.37%
14,215.93 mM1-USD$14.67k	11,278.29 USDC$11.27k	1.119	0.14%
3.94 mM1-USD$4.07	0.93 USDC$0.93	3.768	< 0.01%

Suppliers

Supplier	Supply (USDC)	Supply Share
	8,652,857.05$8.65M	96.64%
	200,536.42$200.51k	2.23%
	100,247.8$100.23k	1.11%
	1.988$1.98	< 0.01%
	1.02$1.02	< 0.01%
	0.001$< 0.01	< 0.01%

All Transactions

Type:

Date	Type	Amount	User
2026-10-01 12:15:11	Lend	5,000 USDC$4999.61	M1 USDC
2026-09-30 11:37:11	Withdraw	1,000 USDC$999.92	M1 USDC
2026-09-28 12:13:47	Borrow	1,300 USDC$1299.89
2026-09-28 07:30:23	Lend	6,328.07 USDC$6327.58	M1 USDC
2026-09-28 07:26:47	Withdraw	10,218.15 USDC$10.21k
2026-09-27 22:42:11	Withdraw	10,000 USDC$9999.22
2026-09-27 18:44:23	Withdraw	10,000 USDC$9999.22
2026-09-27 11:15:59	Withdraw	5,000.01 USDC$4999.62
2026-09-27 10:54:35	Lend	5,000 USDC$4999.61
2026-09-27 09:16:47	Withdraw	5,000.77 USDC$5000.39

1

All Transactions

Market

Rates

Risk

Activity

Market

Rates

Risk

Activity

USDC backed by mM1-USD

Market

Rates

Risk

Activity

USDC backed by mM1-USD