THE ECONOMICS OF OPEN CREDIT

Protocol economics

Measurable lending demand and protocol economics. No invented fee splits or creator revenue.

Current borrow demandActive borrowingAcross tracked markets

Weighted utilization89.98%

Supply-weighted APY3.96%

Debt-weighted borrow APY4.41%

Protocol fee parameters

Market	Supply activity	Borrow activity	Fee on interest
USDe / USDG	Deposits present	Active borrowing	0%
syrupUSDG / USDG	Deposits present	Active borrowing	0%
mGLO / USDG	Deposits present	Active borrowing	0%
spUSDG / USDG	Deposits present	Active borrowing	0%
SPCX / USDG	Deposits present	Active borrowing	0%
AAPL / USDG	Deposits present	Active borrowing	0%
NVDA / USDG	Deposits present	Active borrowing	0%
GOOGL / USDG	Deposits present	Active borrowing	0%
SPY / USDG	Deposits present	Active borrowing	0%
NVDA / USDG	Deposits present	Active borrowing	0%
TSLA / USDG	Deposits present	Active borrowing	0%
SPY / WETH	Deposits present	No open borrowing	0%
CASHCAT / USDG	Deposits present	Active borrowing	0%
NVDA / WETH	Deposits present	No open borrowing	0%
CASHCAT / USDG	Deposits present	Active borrowing	0%
F / USDG	Deposits present	No open borrowing	0%
CRWV / USDG	Deposits present	No open borrowing	0%
NBIS / USDG	Deposits present	No open borrowing	0%
LULU / USDG	Deposits present	No open borrowing	0%
SGOV / USDG	Deposits present	No open borrowing	0%
GLD / USDG	Deposits present	No open borrowing	0%
BABA / USDG	Deposits present	No open borrowing	0%
RGTI / USDG	Deposits present	No open borrowing	0%
COIN / USDG	Deposits present	Active borrowing	0%
RDDT / USDG	Deposits present	Active borrowing	0%
DJT / USDG	Deposits present	No open borrowing	0%
SLV / USDG	Deposits present	No open borrowing	0%
GME / USDG	Deposits present	No open borrowing	0%
DELL / USDG	Deposits present	No open borrowing	0%
COST / USDG	Deposits present	No open borrowing	0%

Historical cumulative interest earned and paid are not presented because a complete accounting dataset is not available here. Current APYs are not realized earnings. Creditbook does not collect a creator fee.