Total supplied$732.6K5 markets
Borrowed$111.7K15.3% of supply
Withdrawable now$621.5K↓ 5.8%
Utilization15.3%healthy range
Asset coverage100.1%claims covered

dawns' reading

Liquidity crunch
HealthHighLiquidity crunchWiKAS market frozen
Withdrawable nowOK85%USDC blocked
Price oracleOKLiveevery market priced
Loans at riskOK$0liquidatable of $111.7K lent
AdminOKContractmultisig or timelock
Read on-chainOK100%7 checks · 2 pending

Financials

Withdrawable liquidity (TVL)

Daily history from DefiLlama (3 mispriced days smoothed out). Today's figure on this page is read on-chain ($621.5K); DefiLlama currently shows $962.1K.

Balance sheet

block #17,939,305
Cash in the marketsTokens held by the aToken contracts
$621.5K
Outstanding loansOwed by borrowers
$111.7K
Total assets
$733.2K
Supplier claimsWhat the protocol owes depositors
$732.6K
Asset coverageAssets ÷ supplier claims
100.1%

Markets

MarketSuppliedBorrowedUtilizationSupply APYBorrow APRMax LTVState
WiKAS13,020,868 tokens$613.2K$5.8K1.0%0.02%2.15%0%Frozen
USDC80,037 tokens$80.1K$80.5K100.6%72.90%81.00%75%No liquidity
cbBTC0.2575 tokens$21.3K$11.3K53.1%16.64%45.23%60%Active
USDT9,518 tokens$9.5K$7.9K83.4%14.94%19.96%70%Active
WETH3.2228 tokens$8.5K$6.1K72.0%1.65%2.70%70%Active

Rates are read from the pool at the block above. Supply APY is paid by borrowers; KSKD incentives are separate and not included.

Liquidity

Withdrawable right now

WiKAS$607.3K of $613.2K
99.0% of WiKAS suppliers could exit now
USDC$0 of $80.1K
0.0% of USDC suppliers could exit now
cbBTC$10.1K of $21.3K
47.6% of cbBTC suppliers could exit now
USDT$1.6K of $9.5K
16.9% of USDT suppliers could exit now
WETH$2.4K of $8.5K
28.0% of WETH suppliers could exit now

Oracle vs market

liquidation prices
AssetOracleMarketGap
WiKAS$0.047090$0.046767+0.69%
USDC$1.0002$0.99982+0.03%
cbBTC$82833$82757+0.09%
USDT$0.99953$0.99969-0.02%
WETH$2648.3$2646.2+0.08%

Borrowers

Debt by health factor

61 borrowers
Below 1.0 · liquidatable$0 · 0
1.0 – 1.1$1.5K · 3
1.1 – 1.25$3.4K · 1
1.25 – 1.5$3.0K · 5
1.5 – 2$70.2K · 12
Above 2$33.6K · 40

Health factor below 1 means the loan can be liquidated. Computed from every account's balances at market prices.

Solvency of loans

Accounts ever active145 with a balance now · 61 borrowing
227
Debt outstanding
$111.7K
Can be liquidated now0 accounts below 1.0
$0
Bad debtDebt larger than collateral · 0 accounts
$0

82 accounts hold no balance now.

Largest borrowersCollateralDebtHealth factor
0x3472…204e$97.6K$28.1K1.91
0x1794…d378$51.7K$14.9K1.91
0x50eb…59c7$22.8K$9.3K1.79
0x7020…24e0$56.9K$9.0K3.47
0x1148…aef0$17.6K$7.2K1.90
0xa556…0e0d$31.0K$6.8K2.50
0x8274…4177$12.5K$3.5K1.96
0x8483…feaa$5.0K$3.4K1.15
0xf346…f117$11.2K$3.3K1.88
0xc938…2ba5$9.9K$2.9K1.85

Assets

Cash held by asset

$621.5K
KAS$607.3K97.7%
BTC$10.1K1.6%
WETH$2.4K0.4%
USDT$1.6K0.3%

Activity

Withdrawable liquidity · hourly

dawns history

Read by dawns every 10 minutes and stored in its own database.

Flows · last 24 hours

on-chain
MarketSuppliedWithdrawnBorrowedRepaid
USDC$278$414$0$0
USDT$144$303$0$0
WiKAS$0$115$0$0
Largest events · 7 daysValueWhenTransaction
Withdrawal WiKAS$18.9K6 days ago0xf0e829e5…
Withdrawal WiKAS$11.8K6 days ago0x03c93b13…
Withdrawal WiKAS$11.8K6 days ago0x3b745bd3…
Withdrawal WiKAS$9.3K6 days ago0xcd6dac22…
Withdrawal WiKAS$2.4K6 days ago0x8bc877d3…
Withdrawal WiKAS$1.9K7 days ago0x2f490fcb…
Repay USDC$1.9K6 days ago0xfda72af9…
Withdrawal USDC$1.9K6 days ago0x24a8b89d…
Withdrawal USDC$1.9K7 days ago0x5b786f1e…
Borrow WETH$1.8K6 days ago0xc99bb00b…

Net flows · 30 days

DefiLlama token balances

Signals

Kaskad USDC utilization is 100.6%. $80.5K is borrowed against $80.1K supplied, so $0 can be withdrawn right now. Borrow rate 81.0%.

Kaskad WiKAS market is frozen. No new supply or borrowing; existing positions can repay and withdraw. It holds $613.2K of supply.

Kaskad USDT utilization is 83.4%. Only $1.6K of $9.5K is withdrawable now.

Contracts

ContractAddressUpgradeabilityControlCan pause
Pool0x1Fc4…a330Proxy → 0xbda0…d3dbPoolAddressesProviderVia ACLReview
PoolAddressesProvider0x4e71…716DRegistryOwner is a contract—OK
ACL admin0x5B95…1943—Contract (multisig or timelock)Can grant pause rolesOK
Price oracle0xcf5C…A08APer-asset sourcesACL—Noted
Pool data provider0xFEaD…E2F4Read-only——OK

Verification

Hover a segment
Read directly (7)78%Not verified yet (2)22%

What dawns reads directly

Supplier claims per marketgetReserveData().totalAToken
On-chain
Outstanding borrows per marketvariable + stable debt totals
On-chain
Cash held per marketunderlying.balanceOf(aToken)
On-chain
Rates, caps, LTVs, frozen and paused flagsgetReserveConfigurationData, getReserveCaps, getPaused
On-chain
Oracle price vs market pricegetAssetPrice vs DefiLlama coins API
On-chain + API
Who controls upgradesEIP-1967 implementation slot, owner and ACL admin code size
On-chain
Every account's health factor227 accounts, balances read each run
On-chain

What dawns cannot verify yet

KSKD incentive obligationsRewards emissions are not yet decoded by dawns
Pending
iKAS bridge backing at the account levelBridge-wide backing is on the Bridge page; per-deposit matching is not indexed
Pending

Source of headline figures

100%

Read from contracts at a known block. Click any headline number for the contract, block and calculation.