The most-traded asset in DeFi history isn't ETH, BTC, or USDC. It's a wrapper around one of them.
The most-traded asset in DeFi history isn't ETH, BTC, or USDC. It's a wrapper around one of them.
WETH / USDC crossed 95% utilization
sUSDe / USDtb crossed 95% utilization
Steakhouse Financial (Riva x Steakhouse EURC) cut idle / EURC allocation: 60.8% ↓ 0.0% (−60.8pp)
Steakhouse Financial (Riva x Steakhouse EURC) raised cbBTC / EURC allocation: 6.7% → 68.5% (+61.8pp)
Steakhouse Financial (Steakhouse Prime XSGD) raised idle / XSGD allocation: 0.0% → 93.9% (+93.9pp)
Steakhouse Financial (Steakhouse Prime XSGD) cut cbBTC / XSGD allocation: 100.0% ↓ 0.0% (−100.0pp)
Steakhouse Financial (Riva x Steakhouse USDC) lowered effective cbETH LLTV: 86.0% ↓ 77.0% (−9.0pp)
Every curator move across Morpho — snapshotted daily, diffed, backfilled from on-chain history. Severity comes from the size of the move, not editorial judgement.
Urgent · 30d retention · Notable · 14d · Info · 7d