Market risk in DeFi can escalate fast. @blockanalitica’s Market Risk Scores quantify undercollateralization risk from price shocks. These scores power the Sphere Dashboard, helping users navigate market-level risks clearly. 1/🧵

It was less than 6B just a year ago. I wouldn't be surprised if we see 15B till end of year.

Sphere pulls data from major lending protocols into a single dashboard to help find the best borrow rates and risk-adjusted yields in DeFi. Below, we explain how to: - Compare borrow rates - Estimate rate impact from utilization changes - Review individual pool metrics →

If you're a stablecoin lender, just use Sphere 🔮

New on the Sky Risk & Analytics Dashboard: Star Monitoring To support the evolving Sky Allocation System, we’ve deployed a first version of Star Monitoring, measuring: • Risk Capital • Actively Stabilizing Collateral • Star allocations info.sky.money/star-monitoring

Funding rates spiking. Total stablecoin supply in DeFi at ATH. Total stablecoin borrow in DeFi at ATH. BTC at ATH. Liquidity, leverage, euphoria all peaking. What’s your worst take on what this means for DeFi?

Quick alpha: You can check the backing of each stablecoin pool on Block Analitica's Sphere dashboard.

Markets seem to be quicker in pricing the cost of capital on the higher-leverage venues like perpetual futures exchanges, than lending venues in DeFi. Historically, benchmark stablecoin borrow rate on DeFi lending protocols has shown to lag a bit behind benchmark funding rate,

Funding rates on fire. Block Analitica's sphere.blockanalitica.com

Total stablecoin supply in DeFi just hit a record high of $16.8B. Where is this capital allocated, and which pools currently offer the best risk-adjusted rates? TLDR: • For USDT and USDC, Aave is the most popular alternative, accounting for 64.5% of total stablecoin deposits

Where are you farming low-risk yield today? 👀 Tag the other protocols below 👇

Shortage of USDT across DeFi lending protocols, resulting in higher deposit APYs. All relevant stablecoin data in DeFi in one place: - sphere.blockanalitica.com

What are the best stablecoin yields right now? Supply benchmark: 5% Top 7d Average Supply Rates: • GHO - Fluid 🌊: 6.97% • USDT - Aave Core: 6.9% • sUSDe/DAI 92% - Morpho 🦋: 6.21% • sUSDe/DAI 86% - Morpho 🦋: 6.14%

Compound V3 USDS market heating up 👀 Compound Labs • Supply APY: 1D avg 16.41% (7D avg 8.83%) • Borrow APY: 1D avg 19.12% (7D avg 10.4%) • Total Borrow: $8.45M • Current Utilization: 90.74% • Collateral breakdown: deUSD (69%), cbBTC (16%), wstETH (7%), WETH (4%), tBTC

USDH powered by Sky The best stablecoin offers so much more than just a stable medium of exchange - it should also deliver highly efficient returns, generated by actively developing, building and growing the ecosystem it lives in. By using Sky to power USDH, the Hyperliquid