Market

Market Attributes

Loan

USDT

Collateral

cbBTC

Liquidation LTV

86%

Oracle price

1 cbBTC = 75,964.15 USDT

Created on

2026-04-17

Utilization

85.32%

Total market size

$61.92M

Market Attributes

Total Borrow (USD)

$27.67M

Rates

Rate Breakdown

Native Rate

3.04%

Instant3.04%

24h average3.02%

7D average3.11%

Instantaneous Rates

Instantaneous Rate

3.04%

IRM Breakdown

Target utilization

90%

Current utilization

85.32%

Borrow amount to target utilization

$17.04M

Interest rate model

0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC

Risk

Oracle Attributes

Oracle address

0x9F983115741D0F7F2EAE07831415057AD3de34d2

Trusted by

Value secured

$172.05M

Oracle price

1 cbBTC = 75,964.15 USDT

DefiLlama price

1 cbBTC = 76,220.02 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$5033.18	0.083757$6365.70	0.00 USDT

All Liquidations

Activity

Vaults Listing The Market

Vault	Curator	Allocation
Steakhouse USDTV1	Steakhouse Financial	$19.17M
Steakhouse Prime USDT	Steakhouse Financial	$8.64M
Gauntlet USDT PrimeV1	Gauntlet	$2.64M
Smokehouse USDTV1	Steakhouse Financial	$889.37k
Wintermute USDT Select	Armitage by Wintermute	$726.3k

of

Vaults Listing The Market

Borrowers

Collateral	Loan	Health	Borrow Share
229.328555 cbBTC$17.46M	7,425,695.18 USDT$7.41M	2.018	26.80%
166.100946 cbBTC$12.64M	7,020,000.44 USDT$7.01M	1.546	25.34%
126.0002 cbBTC$9.59M	5,801,232.85 USDT$5.79M	1.419	20.94%
61 cbBTC$4.64M	2,600,404.14 USDT$2.59M	1.532	9.38%
48.87357 cbBTC$3.72M	1,904,188.84 USDT$1.90M	1.677	6.87%
12.20001 cbBTC$929.13k	600,111.86 USDT$599.62k	1.328	2.16%
11.5 cbBTC$875.82k	535,024.72 USDT$534.59k	1.404	1.93%
7.083054 cbBTC$539.43k	300,486.85 USDT$300.24k	1.540	1.08%
10.108148 cbBTC$769.81k	300,444.74 USDT$300.20k	2.198	1.08%
3.395451 cbBTC$258.59k	187,176.52 USDT$187.02k	1.185	0.67%

of

Suppliers

Supplier	Supply (USDT)	Supply Share
	19,188,317.72$19.17M	59.11%
	8,655,181.82$8.64M	26.66%
	2,642,561.21$2.64M	8.14%
	890,097.06$889.37k	2.74%
	726,887.57$726.29k	2.23%
	205,662.72$205.49k	0.63%
	100,286.65$100.20k	0.30%
	42,003.46$41.96k	0.12%
	10,071.87$10.06k	0.03%
	1.013$1.01	< 0.01%

of

All Transactions

Type:

Date	Type	Amount	User
2026-09-16 19:59:35	Supply collateral	0.000547 cbBTC$41.59
2026-09-16 17:59:47	Borrow	12,000 USDT$11.99k
2026-09-16 17:59:47	Supply collateral	0.245854 cbBTC$18.68k
2026-09-16 16:23:35	Withdraw	15,118.98 USDT$15.10k	Wintermute USDT Select
2026-09-16 16:07:11	Withdraw	13,262.61 USDT$13.25k	Wintermute USDT Select
2026-09-16 13:02:11	Withdraw	688,764.41 USDT$688.22k	Gauntlet USDT Prime
2026-09-16 10:40:35	Borrow	1,200 USDT$1199.06
2026-09-16 06:36:35	Lend	92,175.46 USDT$92.10k	Smokehouse USDTV1
2026-09-16 03:36:47	Lend	698,037.9 USDT$697.49k	Smokehouse USDTV1
2026-09-16 00:35:47	Borrow	850,000 USDT$849.33k

1

All Transactions

Market

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Activity

Market

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USDTbacked bycbBTC

Market

Rates

Risk

Activity

USDTbacked bycbBTC