All Time HighMay 13, 2025$1.08
All Time LowApr 11, 2025$1.02
Market Cap$45,438
Fully Diluted Valuation$45,438
Circ. Supply42,364 CSUSDC
How much debt can be issued against CSUSDC as collateral across lending protocols.
Maximum possible exposure to CSUSDC
< $0.0001
< $0.0001 (max additional borrows against CSUSDC) + < $0.0001 (bad debt if CSUSDC was hacked now)
Morpho V1
< $0.0001 at-risk exposure = < $0.0001 bad debt if hacked + < $0.0001 additional borrowable against CSUSDC
Showing collateral exposure for CSUSDC on Ethereum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
Each row is one protocol-chain exposure for CSUSDC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
csUSDC0x7204b7dbf9412567835633b6f00c3edc3a8d6330 | < $0.0001 | < $0.0001 |
Risk-management actions published about CSUSDC by tracked risk managers and governance contributors, newest first.
The csUSDC market on Ethereum is expanding by accepting csUSDL as collateral at 96.5% LLTV, leveraging the high asset correlation and on-chain liquidity to enable more borrowing against supervised stablecoins like USDC.
csUSDC is a Morpho vault backed by USDC, rated B+ by Bluechip and strong by S&P with partial MiCA supervision, enabling its use as collateral on the csUSDL market at 96.5% LLTV due to high asset correlation, deep on-chain liquidity, and fast access via Paxos for KYC'd users.
csUSDC vault launches in partnership with Coinshift, leveraging Morpho Vault 1.1 with the same risk mitigations as csUSDL including bluechip collateral allocation and programmatic reallocation. Depositors earn SHIFT token rewards, promoting decentralization without involvement from the curator Steakhouse.
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Tracking 3 pools, average APY 5.59%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabCSUSDC | $1.6m | 7.70% | 7.70% | 7.49% | |||||
| open in new tabCSUSDC | $1.58m | 3.83% | 3.83% | 4.02% | |||||
| open in new tabSYZUSD-CSUSDC | $362,234 | 5.25% | 5.25% | 5.31% |
