Overview
Risks
How much debt can be issued against WETH as collateral across lending protocols.
Maximum possible exposure to WETH
$4.867b
$2.277b (max additional borrows against WETH) + $2.59b (bad debt if WETH was hacked now)
Aave V3
$2.946b at-risk exposure = $1.497b bad debt if hacked + $1.449b additional borrowable against WETH
Sky Lending
$642.37m at-risk exposure = $365.45m bad debt if hacked + $276.91m additional borrowable against WETH
SparkLend
$594.44m at-risk exposure = $361.11m bad debt if hacked + $233.33m additional borrowable against WETH
Venus Core Pool
$120.16m at-risk exposure = $2.65m bad debt if hacked + $117.51m additional borrowable against WETH
Fluid
$178.03m at-risk exposure = $79.37m bad debt if hacked + $98.66m additional borrowable against WETH
Compound V3
$171.81m at-risk exposure = $91.51m bad debt if hacked + $80.31m additional borrowable against WETH
Morpho V1
$106.12m at-risk exposure = $95.64m bad debt if hacked + $10.48m additional borrowable against WETH
Euler V2
$7.43m at-risk exposure = $1.07m bad debt if hacked + $6.36m additional borrowable against WETH
Neverland
$2.65m at-risk exposure = -- bad debt if hacked + $2.65m additional borrowable against WETH
Venus Flux
$1.66m at-risk exposure = $137,292.41 bad debt if hacked + $1.53m additional borrowable against WETH
Lista Lending
$11,521.35 at-risk exposure = $10,454.03 bad debt if hacked + $1,067.32 additional borrowable against WETH
Maple
$96.26m at-risk exposure = $96.26m bad debt if hacked + $0 additional borrowable against WETH
Methodology and limitations
Showing collateral exposure for WETH on onchain. 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.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for WETH as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Token Usage
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Liquidations
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