Market

Market Attributes

Loan

USDT

Collateral

cbBTC

Liquidation LTV

86%

Oracle price

1 cbBTC = 85,514.64 USDT

Created on

2026-04-17

Utilization

78.37%

Total market size

$54.51M

Market Attributes

Outstanding Loans (USD)

$16.15M

Rates

Rate Breakdown

Native Rate

3.32%

Instant3.35%

24h average3.32%

7D average4.37%

Instantaneous Rates

Instantaneous Rate

3.35%

IRM Breakdown

Target utilization

90%

Current utilization

78.17%

Borrow amount to target utilization

$25.24M

Interest rate model

0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC

Risk

Oracle Attributes

Oracle address

0x9F983115741D0F7F2EAE07831415057AD3de34d2

Trusted by

Value secured

$143.73M

Oracle price

1 cbBTC = 85,514.64 USDT

DefiLlama price

1 cbBTC = 85,502.57 USDT

Oracle Attributes

Liquidations

Liquidation Loan-To-Value (LLTV)

86%

Realized Bad Debt

0.00 USDT

Liquidation Penalty

4.38%

Unrealized Bad Debt

0.00 USDT

Collateral at risk

Oracle price change

All Liquidations

Date & Time	Liquidated Wallet	Loan Repaid	Collateral Seized (cbBTC)	Realized Bad Debt	Liquidator	Transaction
2026-07-28 13:47:35		5,037.11 USDT$5035.88	0.083757$7164.91	0.00 USDT

All Liquidations

Activity

Vaults Listing The Market

Vault	Curator	Allocation
Steakhouse Prime USDT	Steakhouse Financial	$8.77M
Steakhouse USDTV1	Steakhouse Financial	$6.58M
Smokehouse USDTV1	Steakhouse Financial	$2.34M
Gauntlet USDT PrimeV1	Gauntlet	$1.64M
Steakhouse High Yield USDT	Steakhouse Financial	$540.92k

of

Vaults Listing The Market

Borrowers

Collateral	Loan	Health	Borrow Share
229.328555 cbBTC$19.60M	7,479,717.92 USDT$7.47M	2.255	46.29%
61 cbBTC$5.21M	2,527,915.58 USDT$2.52M	1.775	15.64%
48.87357 cbBTC$4.17M	1,967,773.83 USDT$1.96M	1.827	12.17%
39.025501 cbBTC$3.33M	917,630.37 USDT$917.37k	3.128	5.67%
11.5 cbBTC$983.00k	536,031.83 USDT$535.88k	1.578	3.31%
9.20001 cbBTC$786.40k	500,756.74 USDT$500.61k	1.351	3.09%
10.5 cbBTC$897.53k	500,007.54 USDT$499.87k	1.544	3.09%
7.083054 cbBTC$605.45k	301,052.47 USDT$300.96k	1.730	1.86%
3.395451 cbBTC$290.24k	195,040.21 USDT$194.98k	1.280	1.20%
3.95 cbBTC$337.64k	168,011.16 USDT$167.96k	1.729	1.03%

of

Suppliers

Supplier	Supply (USDT)	Supply Share
	8,777,239.8$8.77M	42.57%
	6,590,105.86$6.58M	31.96%
	2,341,905.5$2.34M	11.36%
	1,645,653.93$1.64M	7.98%
	541,076.95$540.92k	2.62%
	502,096.24$501.95k	2.43%
	206,008.98$205.95k	0.99%
	10,088.83$10.08k	0.04%
	192.637$192.58	< 0.01%
	1.015$1.01	< 0.01%

of

All Transactions

Type:

Date	Type	Amount	User
2026-10-02 04:20:35	Lend	1,845 USDT$1844.55	Gauntlet USDT PrimeV1
2026-10-02 04:17:35	Lend	50,000 USDT$49.98k	Gauntlet USDT PrimeV1
2026-10-02 01:13:23	Borrow	60,000 USDT$59.98k
2026-10-02 00:04:35	Borrow	500,000 USDT$499.87k
2026-10-02 00:04:35	Supply collateral	10.5 cbBTC$898.21k
2026-10-01 19:29:47	Withdraw collateral	1 cbBTC$85.54k
2026-10-01 18:31:47	Lend	81,606.93 USDT$81.58k	Wintermute USDT Select
2026-10-01 17:14:47	Withdraw	304.694 USDT$304.62	Wintermute USDT Select
2026-10-01 15:03:35	Lend	361,672.67 USDT$361.58k	Smokehouse USDTV1
2026-10-01 15:00:35	Withdraw	22,030.61 USDT$22.02k	Wintermute USDT Select

1

All Transactions

Market

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Activity

Market

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USDT backed by cbBTC

Market

Rates

Risk

Activity

USDT backed by cbBTC