Utilization rate (lending protocols)
Spark Protocol'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 #
Protocol-wide utilization 33.33% ($1,750,437,127 borrowed / $5,251,968,288 supplied per data cache 2026-04-27). Well below 95% stress threshold. USDS borrow mechanics via D3M (Sky governance controls debt ceiling rather than organic utilization ceiling) make classic withdrawal-freeze risk less applicable to the dominant borrow market. Non-USDS markets appear at moderate utilization based on governance discussion of rate competition dynamics with Aave.
Sources #
- URLhttps://defillama.com/protocol/sparkretrieved 2026-04-21
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 →