Orivan | cbBTC/USDC market

cbBTC/USDC

86%

Total Market Size

$1.41B

1.41B USDC

Total Liquidity

$159.73M

159.78M USDC

Rate (6h)

4.78%

Trusted By

Market

Market Attributes

Collateral

cbBTC

Loan

USDC

Liquidation LTV

86%

Oracle price

cbBTC / USDC = 62,538.92

Created on

2024-09-04

Utilization

89.29%

Total Borrow (USD)

$1.25B

Rates

Net Rate (6h)

4.78%

Avg 4.92%

Rate Breakdown

Native Rate

4.78%

Instant4.77%

24h average4.78%

7D average4.85%

Instantaneous Rates

Instantaneous Rate

4.77%

IRM Breakdown

Target utilization

90.00%

Current utilization

89.27%

Borrow amount to target utilization

$21.47M

Interest rate model

0x4641...2687

Target (90%)

Current (89.29%)

Risk

Oracle Attributes

Oracle address

0x663B...39B9

Oracle creation

0x12fc...0037

Created on

2024-09-04

Trusted by

Value secured

$3.65B

Oracle price

cbBTC / USDC = 62,538.92

DefiLlama price

cbBTC / USDC = 62,834.09

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

Date & Time	Collateral Seized (cbBTC)	Loan Repaid
2026-07-15 22:20:39	0.000076$4.79	4.734 USDC$4.73
2026-07-15 19:35:03	0.000077$4.88	4.84 USDC$4.83
2026-07-15 12:37:19	0.000093$5.88	5.807 USDC$5.80
2026-07-13 20:37:29	0.000107$6.73	6.362 USDC$6.36
2026-07-13 19:20:57	0.000355$22.33	21.199 USDC$21.19
2026-07-08 11:18:15	0.017551$1102.49	1,048.51 USDC$1048.21
2026-07-03 13:58:13	0.000013$0.83	0.788 USDC$0.78
2026-07-01 04:15:03	0.000099$6.27	5.549 USDC$5.54
2026-07-01 04:14:37	0.00012$7.59	6.714 USDC$6.71
2026-07-01 04:14:37	0.000127$7.99	7.062 USDC$7.06

Activity

Vaults Listing The Market

Vault	Curator	Allocation
Gauntlet USDC Prime	Gauntlet	$396.04M
Steakhouse Prime USDC V2	Steakhouse Financial	$370.05M
Steakhouse Prime USDC	Steakhouse Financial	$228.76M
Steakhouse USDC	Steakhouse Financial	$190.32M
Gauntlet USDC Prime V2	Gauntlet	$62.07M

of 6

Borrowers

Collateral	Loan	Health	Borrow Share
751.7005 cbBTC$47.21M	24,400,144.21 USDC$24.39M	1.657	1.94%
306.054229 cbBTC$19.22M	11,808,550.56 USDC$11.80M	1.394	0.93%
193.241834 cbBTC$12.13M	5,118,657.22 USDC$5.11M	2.030	0.40%
134.304716 cbBTC$8.43M	5,097,967.67 USDC$5.09M	1.417	0.40%
117.757451 cbBTC$7.39M	5,096,821.76 USDC$5.09M	1.243	0.40%
168.221871 cbBTC$10.56M	5,034,873.62 USDC$5.03M	1.797	0.40%
138.781471 cbBTC$8.71M	5,013,505.16 USDC$5.01M	1.489	0.39%
140.675155 cbBTC$8.83M	5,007,290.74 USDC$5.00M	1.511	0.39%
135.37311 cbBTC$8.50M	4,625,527.42 USDC$4.62M	1.574	0.36%
110.035838 cbBTC$6.91M	4,531,178.13 USDC$4.52M	1.306	0.36%

of 3305

Suppliers

Supplier	Supply (USDC)	Supply Share
	396,157,710.42$396.04M	28.13%
	370,160,047.12$370.05M	26.29%
	228,827,014.75$228.76M	16.25%
	190,380,014.25$190.32M	13.52%
	62,087,748.31$62.07M	4.41%
	40,324,474.26$40.31M	2.86%
	29,050,661.61$29.04M	2.06%
	18,850,783.5$18.84M	1.33%
	15,241,130.89$15.23M	1.08%
	9,367,172.96$9.36M	0.66%

of 45

All Transactions

Date	Type	Amount	User
2026-07-17 16:45:01	Withdraw	200 USDC$199.94	Gauntlet USDC Prime V2
2026-07-17 16:44:57	Withdraw	1 USDC$0.99	Steakhouse Prime USDC V2
2026-07-17 16:44:45	Supply	4,001.19 USDC$4000.06	Gauntlet USDC Prime
2026-07-17 16:44:41	Supply collateral	0.00048 cbBTC$30.16
2026-07-17 16:44:41	Supply	500 USDC$499.85	Yield Clearstar USDC
2026-07-17 16:44:25	Supply	219.258 USDC$219.19	Gauntlet USDC Prime V2
2026-07-17 16:44:19	Supply	16.981 USDC$16.97	Gauntlet USDC Prime V2
2026-07-17 16:44:17	Supply	993.578 USDC$993.29	Gauntlet USDC Prime V2
2026-07-17 16:44:05	Supply	60 USDC$59.98	Yield Clearstar USDC
2026-07-17 16:43:57	Supply	50 USDC$49.98	Yield Clearstar USDC

Supply Collateral cbBTC

0.00 cbBTC

Borrow USDC

0.00 USDC

Network

Base

Collateral (cbBTC)

Loan (USDC)

LTV

Liquidation LTV

86%

Rate

4.78%