defirisk.co
rubric v1.7.0

Utilization rate (lending protocols)

Frax Finance'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 Fraxlend utilization: $8.19M borrowed vs ~$31.86M Fraxlend-specific TVL = ~25.7% utilization (Fraxlend-specific). Data cache reports 2.74% at protocol level (denominator = all Frax TVL). Target utilization range 75-85% per docs; current aggregate well below. No high-utilization lock-up risk at current volumes. 34 active tracked pairs. Individual pair utilization may vary; no specific pairs confirmed to be at critical utilization. Green for aggregate utilization significantly below distress threshold.

Sources #

  • URL
    Fraxlend TVL, Fees & Revenue — DefiLlamaDefiLlama fraxlend slug: $31.86M TVL, 34 pools trackedretrieved 2026-05-17
  • Internal
    Frax data cache — borrow/utilization data.research/protocols/frax/00-data-cache.json — borrow.total_borrowed_usd=8192175.97, utilization_rate_pct=2.74; fetched 2026-05-16T19:58:14Zretrieved 2026-05-16
  • URL
    Interest Rates | Frax FinanceFraxlend interest rate docs: 75-85% target utilization range; rates adjust when above 85%retrieved 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 frax factor RD-F-066 score green collected_at 2026-05-16 20:44:31