Utilization rate (lending protocols)

Cap (cUSD / stcUSD)'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 #

Operator borrow utilization: $48.3M borrowed / $342.3M total supplied = 14.12% (data cache defillama.borrow.utilization_rate_pct). Well below any stress threshold. Cap has a structured borrow mechanism (operators borrow from Lender vault to deploy yield strategies) so factor is scored on merits despite PD-024 lending-only guidance. Low utilization implies most idle capital is deployed to Aave V3 fractional reserve.

Sources #

Internal
Data cache — defillama.tvl_usd, tvl_cov_90d, tvl_30d_change_pct.research/protocols/cap/00-data-cache.jsonretrieved 2026-05-17

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 cap factor RD-F-066 score green collected_at 2026-05-17 10:56:24