Market

Market Attributes

Loan

USDC

Collateral

cbBTC

Liquidation LTV

86%

Oracle price

1 cbBTC = 85,461.91 USDC

Created on

2026-04-16

Utilization

89.87%

Total market size

$49.45M

Market Attributes

Outstanding Loans (USD)

$770.86k

Rates

Rate Breakdown

Native Rate

4.01%

Instant4.01%

24h average4.34%

7D average4.71%

Instantaneous Rates

Instantaneous Rate

4.01%

IRM Breakdown

Target utilization

90%

Current utilization

89.87%

Borrow amount to target utilization

$1.51M

Interest rate model

0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC

Risk

Oracle Attributes

Oracle address

0x9F983115741D0F7F2EAE07831415057AD3de34d2

Trusted by

Value secured

$143.81M

Oracle price

1 cbBTC = 85,461.91 USDC

DefiLlama price

1 cbBTC = 85,500.37 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
Gauntlet USDC Prime	Gauntlet	$20.57k
Gauntlet USDC PrimeV1	Gauntlet	$2247.98
Grove x Steakhouse USDC	Steakhouse Financial	$< 0.01
Steakhouse USDCV1	Steakhouse Financial	$0
Smokehouse USDCV1	Steakhouse Financial	$0

of

Vaults Listing The Market

Borrowers

Collateral	Loan	Health	Borrow Share
11.002721 cbBTC$940.63k	508,654.56 USDC$508.60k	1.590	65.97%
2.90084 cbBTC$247.99k	129,534.75 USDC$129.52k	1.646	16.80%
0.832883 cbBTC$71.20k	50,005.57 USDC$50.00k	1.224	6.48%
0.630067 cbBTC$53.86k	29,610.33 USDC$29.60k	1.564	3.84%
0.440177 cbBTC$37.63k	19,635.25 USDC$19.63k	1.648	2.54%
0.295272 cbBTC$25.24k	14,026.7 USDC$14.02k	1.547	1.81%
0.249998 cbBTC$21.37k	7,028.5 USDC$7027.76	2.614	0.91%
0.148001 cbBTC$12.65k	5,089.19 USDC$5088.65	2.137	0.66%
0.073979 cbBTC$6324.62	2,466.51 USDC$2466.25	2.204	0.31%
0.032335 cbBTC$2764.37	1,585.46 USDC$1585.29	1.499	0.20%

of

Suppliers

Supplier	Supply (USDC)	Supply Share
	533,708.39$533.65k	62.21%
	301,246.59$301.21k	35.11%
	20,577.83$20.57k	2.39%
	2,248.21$2247.97	0.26%
	1.017$1.01	< 0.01%
	0.01$0.01	< 0.01%
	0.01$0.01	< 0.01%
	0.001$< 0.01	< 0.01%
	< 0.001$< 0.01	< 0.01%
	< 0.001$< 0.01	< 0.01%

of

All Transactions

Type:

Date	Type	Amount	User
2026-10-01 23:03:47	Lend	0.051 USDC$0.05	Safe x Smokehouse USDCV1
2026-10-01 23:03:47	Withdraw	2,492.51 USDC$2492.31	Safe x Smokehouse USDCV1
2026-10-01 22:40:11	Withdraw	406.12 USDC$406.08	Grove x Steakhouse USDC
2026-10-01 22:39:23	Withdraw	< 0.001 USDC$< 0.01	Steakhouse Prime USDC
2026-10-01 18:09:23	Withdraw	729.217 USDC$729.16	Steakhouse Prime USDC
2026-10-01 17:02:59	Withdraw collateral	0.007761 cbBTC$663.90
2026-10-01 17:02:59	Repay	345 USDC$344.97
2026-10-01 14:20:11	Withdraw collateral	0.000001 cbBTC$0.11
2026-10-01 14:20:11	Repay	0.001 USDC$< 0.01
2026-10-01 14:19:11	Withdraw collateral	0.149998 cbBTC$12.83k

1

All Transactions

Market

Rates

Risk

Activity

Market

Rates

Risk

Activity

USDC backed by cbBTC

Market

Rates

Risk

Activity

USDC backed by cbBTC