Utilization rate (lending protocols)
Dolomite's assessment for RD-F-066 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Data-cache reports total_borrowed_usd $280.4M vs total_supplied_usd $189.3M (utilization 148.12% per DefiLlama gross-borrow methodology). This cross-market figure may include leverage positions without full netting. More critically, USD1 pool was pushed to near-100% utilization by WLFI borrowing in April 2026, locking ordinary depositors who were unable to withdraw. USD1 lending rates spiked to 35.81% APR. As of assessment date (2026-05-16), the WLFI position remains partially outstanding and per-market utilization not independently verified at pool level.
Sources #
- URLWLFI Treasury Drains USD1 Pool on Dolomite: Rates Spike to 35%WLFI treasury drains USD1 pool, pushing utilization past 100%; deposit rates spike to 35.81% APR; ordinary lenders trapped unable to withdrawretrieved 2026-05-16
- Dolomite Data Cache - Borrow Sectiondata-cache sources.defillama.borrow: total_supplied_usd=189311614, total_borrowed_usd=280412653, utilization_rate_pct=148.12retrieved 2026-05-16
- Is WLFI Borrowing Near Dolomite 5.1B Cap?Cryptonomist: WLFI borrowing near Dolomite 5.1B cap as stablecoin demand surges; utilization contextretrieved 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 →