Utilization rate (lending protocols)
crvUSD (Curve Stablecoin)'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 #
Applicable (CDP lending protocol). Pipeline borrow.utilization_rate_pct: null due to incorrect lending_protocol: false flag in coverage_flags. Best-estimate: crvUSD circulating supply ~238-293M (CoinMarketCap ~238.5M as of 2026-05-12; multiple sources) vs. aggregate debt ceiling capacity (WETH: $200M, WBTC: $200M, wstETH: $150M+; total >$500M). System-level utilization estimated ~40-50% [?]. No market appears near its ceiling based on available data. No evidence of any market above 95% utilization. The 90-day TVL CoV of 0.569 with current $117M collateral TVL is consistent with significant headroom.
Sources #
- URLcrvUSD market cap — Daily Political reporting CoinMarketCap dataCoinMarketCap crvUSD supply — ~238.5M as of 2026-05-12retrieved 2026-05-16
- Curve opens vote to add WETH collateral with $200M debt ceilingThe Block — WETH $200M debt ceiling governance proposalretrieved 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 →