Utilization rate (lending protocols)

BENQI's assessment for RD-F-066 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Aggregate utilization rate is 18.08% (total_borrowed_usd $50.19M / total_supplied_usd $277.64M). Far below the 80% yellow threshold and 95% red threshold. Individual per-market utilization rates were not retrieved via on-chain calls, but the aggregate is comfortably low with large buffer against withdrawal freeze. The low utilization is consistent with the post-2022 lending market normalization and indicates healthy market state.

Sources #

Internal
BENQI data cache — borrow/utilization fields00-data-cache.json sources.defillama.borrow: present=true, total_supplied_usd=277639481.14, total_borrowed_usd=50191239.25, utilization_rate_pct=18.08; fetched 2026-05-16T10:30:57Zretrieved 2026-05-16
URL
DefiLlama BENQI — borrow dataBENQI protocol — lending dashboard showing active borrow/supply activityretrieved 2026-05-16

Methodology #

Read the borrowed/supplied ratio per market; flag markets above 95% utilization as at-risk for withdrawal freeze.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol benqi factor RD-F-066 score green collected_at 2026-05-16 11:02:12