Vault risk brief — 0xBEEF…64CB

Generated 2026-05-16 20:59 UTC · block 19,500,000 · 5 markets · 10 borrowers analyzed
Total assets
250,000,000 (units / 1e6)
HHI
0.405
Top-1 share
20.0%
Markets
5

Counterfactual risk dashboard

OracleFreezeReplay ALERT
43.7%
fraction_bad_debt
If the oracle freezes while collateral drifts -10%, 43.7% of outstanding debt (4 positions) crosses the bad-debt frontier — LTV > 0.952 at LIF 5% — meaning seized collateral could not cover debt-plus-incentive even once the oracle updates.
CollateralCascade CRITICAL
73.0%
fraction_liquidatable_debt
At a -20% collateral shock, 73.0% of debt becomes liquidatable; liquidity gap (debt minus idle supply) is 0 loan-asset units across affected markets.
DepositorExitShock OK
0.0%
fraction_rationed
If top-1 depositor(s) exit, demand is 50,000,000,000,000 vs idle supply 57,100,000,000,000 → 0.0% would be queue-rationed until borrowers repay.
UtilizationInversion ALERT
20.0%
fraction_markets_above_target
1 / 5 markets are above the 92% utilization band — IRM curves enter the steep regime; depositor withdrawal pressure compounds.
LiquidationLatency OK
0.3%
fraction_unprofitable_to_liquidate
At 30 gwei and ETH $3500, liquidation cost is ~$36.75; 0.3% of debt sits in 2 positions where liquidator profit (debt × 5%) is below cost — these accrue bad-debt risk during oracle-shock windows.
LTVDistributionStress CRITICAL
57.1%
fraction_debt_within_5pp_of_lltv
57.1% of outstanding debt sits within 5 percentage points of LLTV. Top-5% LTV avg: 94.51%. A small adverse oracle move would push this debt into liquidation.

Sensitivity sweeps

Collateral cascade — % debt liquidatable vs shock magnitude
Oracle freeze — % bad debt vs collateral drift while stale
Borrower LTV histogram (count of positions)
Liquidation latency — % unprofitable vs gas price

Per-market state

MarketSupplyBorrow UtilizationLLTVSupply cap
0xa921ef34e2fc…80,000,000,000,00065,000,000,000,00081.2%94%100,000,000,000,000
0xb1adceddb294…60,000,000,000,00052,000,000,000,00086.7%86%80,000,000,000,000
0xc2bdef34e2fc…50,000,000,000,00031,000,000,000,00062.0%86%70,000,000,000,000
0xd3cef34e2fc7…30,000,000,000,00015,500,000,000,00051.7%77%35,000,000,000,000
0xe4def34e2fc7…30,000,000,000,00029,400,000,000,00098.0%77%32,000,000,000,000

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