> For the complete documentation index, see [llms.txt](https://steakhouse.financial/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://steakhouse.financial/docs/markets/zh/readme/morpho-v1.md).

# Morpho V1 市场

| 区块链       | 名称                                            | 评级 | 1. 交易对手风险 | 2. 信用风险 | 3. 操作风险 | 平台评级 | 市场评级 | 调整后资产评级 |
| --------- | --------------------------------------------- | -- | --------- | ------- | ------- | ---- | ---- | ------- |
| Ethereum  | cbBTC/USDC (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | PT-USDS-14AUG2025/USDC (91.5%)                | BB | BB        | B       | A       | A    | BB   | BB      |
| Ethereum  | mF-ONE/USDC (91.5%)                           | B  | BB        | CC      | B       |      | B    | B       |
| Ethereum  | csUSDL/USDC (91.5%)                           | A  | A         | A       | A       | A    | A    | A       |
| Ethereum  | WBTC/USDC (86%)                               | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | wstETH/USDC (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | liUSD-1w/USDC (86%)                           | CC | CC        | B       | B       |      | BB   | CC      |
| Ethereum  | iUSD/USDC (91.5%)                             | CC | CC        | BB      | B       |      | A    | CC      |
| Ethereum  | siUSD/USDC (91.5%)                            | CC | CC        | BB      | B       |      | A    | CC      |
| Ethereum  | PT-iUSD-19FEB2026/USDC (91.5%)                | CC | CC        | BB      | B       | A    | A    | CC      |
| Ethereum  | PAXG/PYUSD (77%)                              | A  | A         | A       | A       |      | A    | A       |
| Ethereum  | sUSDe/USDC (91.5%)                            | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | PT-sUSDE-25SEP2025/USDC (91.5%)               | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | syrupUSDC/USDC (91.5%)                        | CC | CC        | B       | B       |      | BB   | CC      |
| Ethereum  | PT-syrupUSDC-28AUG2025/USDC (86%)             | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | slvlUSD/USDC (91.5%)                          | CC | CC        | A       | B       |      | CC   | CC      |
| Ethereum  | lvlUSD/USDC (91.5%)                           | CC | CC        | A       | B       |      | CC   | CC      |
| Base      | PT-USR-25SEP2025/USDC (91.5%)                 | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-USDe-5FEB2026/USDC (91.5%)                 | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | PT-sUSDE-5FEB2026/USDC (91.5%)                | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | PT-cUSDO-20NOV2025/USDC (91.5%)               | BB | A         | A       | BB      | A    | BB   | BB      |
| Ethereum  | USR/USDC (91.5%)                              | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | wstUSR/USDC (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | srUSD/USDC (91.5%)                            | CC | CC        | B       | B       |      | CC   | CC      |
| Ethereum  | srUSD/rUSD (98%)                              | CC | CC        | B       | B       |      | AA   | CC      |
| Ethereum  | PT-wsrUSD-30OCT2025/USDC (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Katana    | LBTC/vbUSDC (86%)                             | B  | B         | B       | A       |      | BB   | B       |
| Base      | cbBTC/USDC (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | WETH/USDC (86%)                               | A  | AA        | AA      | AA      |      | A    | AA      |
| Base      | cbETH/USDC (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | wstETH/USDC (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | PT-syrupUSDC-30OCT25/USDC (91.5%)             | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-sUSDE-27NOV2025/USDC (91.5%)               | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | LBTC/USDC (86%)                               | B  | B         | B       | A       |      | BB   | B       |
| Ethereum  | PT-PendleInfiniFi-siUSD-9OCT2025/USDC (91.5%) | CC | CC        | BB      | B       | A    | A    | CC      |
| Ethereum  | PT-USDe-27NOV2025/USDC (91.5%)                | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | PT-rUSD-30OCT2025/USDC (91.5%)                | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | wsrUSD/USDC (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | PT-csUSDL-30OCT2025/USDC (91.5%)              | BB | A         | A       | A       | A    | BB   | A       |
| Ethereum  | stUSD/USDC (96.5%)                            | B  | B         | A       | B       |      | BB   | B       |
| Ethereum  | USCC/USDC (91.5%)                             | BB | A         | B       | A       |      | BB   | A       |
| Ethereum  | tBTC/USDC (77%)                               | BB | BB        | A       | A       |      | A    | BB      |
| Ethereum  | wsrUSD/USDT (94.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | sUSDe/USDT (91.5%)                            | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | PT-wsrUSD-30OCT2025/USDT (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | sUSDe/USDtb (91.5%)                           | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | WBTC/USDT (86%)                               | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | wstETH/USDT (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | csUSDL/USDT (96.5%)                           | A  | A         | A       | A       | A    | A    | A       |
| Ethereum  | PT-USDE-25SEP2025/USDT (91.5%)                | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | PT-cUSDO-20NOV2025/USDT (91.5%)               | BB | A         | A       | BB      | A    | BB   | BB      |
| Ethereum  | PT-csUSDL-30OCT2025/USDT (91.5%)              | B  | A         | A       | A       | B    | BB   | A       |
| Ethereum  | sUSDS/USDT (96.5%)                            | B  | BB        | B       | A       |      | B    | B       |
| Ethereum  | PT-sUSDE-25SEP2025/USDT (91.5%)               | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | PT-sUSDE-27NOV2025/USDT (91.5%)               | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | syrupUSDC/USDT (91.5%)                        | CC | CC        | B       | B       |      | BB   | CC      |
| Ethereum  | USR/USDT (91.5%)                              | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | PT-syrupUSDC-28AUG2025/USDT (91.5%)           | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-syrupUSDC-30OCT2025/USDT (91.5%)           | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-USDe-27NOV2025/USDT (91.5%)                | B  | B         | B       | BB      | A    | A    | B       |
| Ethereum  | stUSD/USDT (96.5%)                            | B  | B         | A       | B       |      | BB   | B       |
| Ethereum  | PT-rUSD-30OCT2025/USDT (91.5%)                | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | XAUt/USDT (77%)                               | BB | BB        | BB      | BB      |      | A    | BB      |
| Ethereum  | srUSD/rUSD (98%)                              | CC | CC        | B       | B       |      | AA   | CC      |
| Ethereum  | PT-wsrUSD-30OCT2025/rUSD (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-rUSD-30OCT2025/rUSD (91.5%)                | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | WBTC/rUSD (86%)                               | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | wstETH/rUSD (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | wstETH/WETH (96.5%)                           | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | wstETH/WETH (94.5%)                           | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/WETH (91.5%)                             | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/WETH (91.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | WBTC/wUSDL (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | wstETH/wUSDL (86%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | csUSDC/wUSDL (96.5%)                          | A  | A         | A       | A       | A    | A    | A       |
| Ethereum  | cbBTC/wUSDL (86%)                             | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | PAXG/wUSDL (77%)                              | A  | A         | A       | A       |      | A    | A       |
| Base      | steakSUSDS/USDC (96.5%)                       | BB | BB        | BB      | A       | A    | A    | BB      |
| Base      | LBTC/USDC (86%)                               | B  | B         | B       | A       |      | BB   | B       |
| Base      | weETH/USDC (77%)                              | BB | BB        | BB      | AA      |      | BB   | BB      |
| Base      | AERO/USDC (62.5%)                             | BB | BB        | B       | A       |      | A    | BB      |
| Base      | PT-USDe-11DEC2025/USDC (91.5%)                | B  | B         | B       | BB      | A    | A    | B       |
| Base      | cUSDO/USDC (91.5%)                            | BB | A         | A       | BB      |      | BB   | BB      |
| Base      | USR/USDC (91.5%)                              | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | PT-iUSD-4DEC2025/USDC (91.5%)                 | CC | CC        | BB      | B       | A    | A    | CC      |
| Katana    | vbWBTC/vbUSDC (86%)                           | A  | AA        | A       | A       | A    | A    | A       |
| Katana    | vbETH/vbUSDC (86%)                            | A  | AA        | AA      | AA      | A    | A    | AA      |
| Katana    | BTCK/vbUSDC (86%)                             | B  | B         | A       | B       |      | BB   | B       |
| Katana    | POL/vbUSDC (77%)                              | BB | BB        | B       | A       |      | A    | BB      |
| Base      | wsrUSD/USDC (91.5%)                           | CC | CC        | B       | B       |      | CC   | CC      |
| Katana    | vbWBTC/AUSD (86%)                             | A  | AA        | A       | A       | A    | A    | A       |
| Katana    | BTCK/AUSD (77%)                               | B  | B         | A       | B       |      | BB   | B       |
| Katana    | LBTC/AUSD (86%)                               | B  | B         | B       | A       |      | BB   | B       |
| Katana    | vbETH/AUSD (86%)                              | A  | AA        | AA      | AA      | A    | A    | AA      |
| Katana    | wstETH/AUSD 86%                               | CC | A         | A       | AA      |      | CC   | A       |
| Ethereum  | wstETH/PYUSD (86%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/PYUSD (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | wUSDL/PYUSD (98%)                             | A  | A         | A       | A       |      | A    | A       |
| Base      | cbBTC/EURC (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbETH/EURC (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | wstETH/EURC (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Base      | WETH/EURC (86%)                               | A  | AA        | AA      | AA      |      | A    | AA      |
| Base      | stEUR/USDA (86%)                              | B  | B         | BB      | B       |      | A    | B       |
| Base      | wstETH/USDA (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Base      | WETH/USDA (86%)                               | A  | AA        | AA      | AA      |      | A    | AA      |
| Base      | cbETH/USDA (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbETH/EURA (86%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | wstETH/EURA (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Base      | WETH/EURA (86%)                               | A  | AA        | AA      | AA      |      | A    | AA      |
| Base      | stUSD/EURA (86%)                              | B  | B         | A       | B       |      | A    | B       |
| Base      | cbBTC/sUSDS (86%)                             | A  | AA        | A       | A       |      | A    | A       |
| Base      | wstETH/sUSDS (86%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | PT-USDe-27NOV2025/USDtb (91.5%)               | B  | B         | B       | BB      | A    | BB   | B       |
| Ethereum  | PT-sUSDE-27NOV2025/USDtb (91.5%)              | B  | B         | B       | BB      | A    | BB   | B       |
| Ethereum  | PT-sUSDE-25SEP2025/UStb (91.5%)               | B  | B         | B       | BB      | A    | BB   | B       |
| Ethereum  | sUSDS/USDtb (91.5%)                           | BB | BB        | B       | A       |      | A    | BB      |
| Ethereum  | PT-USDE-25SEP2025/USDtb (91.5%)               | B  | B         | B       | BB      | A    | BB   | B       |
| Ethereum  | USDe/USDtb (91.5%)                            | B  | B         | B       | BB      |      | BB   | B       |
| Ethereum  | weETH/wstETH (94.5%)                          | BB | A         | BB      | AA      |      | BB   | A       |
| Ethereum  | rsETH/wstETH (94.5%)                          | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | rsETH                                         | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | ynETHx/wstETH (91.5%)                         | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | ynETHx                                        | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | ezETH/wstETH (94.5%)                          | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | ezETH                                         | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | bbqWSTETH/WETH (94.5%)                        | A  | A         | BB      | A       | A    | A    | A       |
| Ethereum  | ezETH/WETH (94.5%)                            | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | rsETH/WETH (94.5%)                            | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | ynETHx/WETH (91.5%)                           | CC | CC        | B       | A       |      | BB   | CC      |
| Ethereum  | weETH/WETH (94.5%)                            | BB | A         | BB      | AA      |      | BB   | A       |
| Base      | wstETH/WETH (94.5%)                           | A  | A         | A       | AA      |      | A    | A       |
| Base      | wstETH/WETH (96.5%)                           | A  | A         | A       | AA      |      | A    | A       |
| Base      | wstETH/WETH (94.5%)                           | A  | A         | A       | AA      |      | A    | A       |
| Base      | cbETH/WETH (96.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbETH/WETH (94.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbBTC/WETH (91.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Unichain  | wstETH/WETH (96.5%)                           | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | wstETH/EURCV (86%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | cbBTC/EURCV (86%)                             | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | wstETH/WBTC (86%)                             | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | LBTC/cbBTC (94.5%)                            | B  | B         | B       | A       |      | BB   | B       |
| Ethereum  | sUSDe/DAI (91.5%)                             | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | sUSDe/DAI (86%)                               | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | sUSDe/DAI (94.5%)                             | B  | B         | B       | BB      |      | BB   | B       |
| Ethereum  | USDe/DAI (86%)                                | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | USDe/DAI (91.5%)                              | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | PT-siUSD-8JAN2026/USDC (91.5%)                | CC | CC        | BB      | B       | A    | A    | CC      |
| Ethereum  | PT-syrupUSDC-18DEC2025 / USDC (91.5%)         | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-srUSDe-15JAN2026/USDC (91.5%)              | CC | CC        | BB      | B       | BB   | CC   | CC      |
| Ethereum  | PT-wsrUSD-26FEB2026/USDC (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-RUSD-26FEB2026 / USDC (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | sUSDe/DAI (94.5%)                             | B  | B         | B       | BB      |      | BB   | B       |
| Ethereum  | USDe/DAI (86%)                                | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | USDe/DAI (91.5%)                              | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | PT-siUSD-8JAN2026/USDC (91.5%)                | CC | CC        | BB      | B       | A    | A    | CC      |
| Ethereum  | PT-wsrUSD-26FEB2026/USDT (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-wsrUSD-26FEB2026/rUSD (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-RUSD-26FEB2026 / rUSD (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | PT-RUSD-26FEB2026 / USDT (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Base      | cbETH/USDC (77%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbXRP/USDC (77%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbLTC/USDC (62.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbADA/USDC (77%)                              | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbDOGE/USDC (62.5%)                           | A  | AA        | A       | A       |      | A    | A       |
| Katana    | wsrUSD/USDC (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | PT-srUSDe-2APR2026/USDC (91.5%)               | CC | CC        | BB      | B       | BB   | CC   | CC      |
| Ethereum  | WETH/USDC (86%)                               | A  | AA        | AA      | AA      |      | A    | AA      |
| Ethereum  | AA\_FalconXUSDC/AUSD (77.0%)                  | B  | BB        | BB      | BB      |      | B    | BB      |
| Ethereum  | AA\_FalconXUSDC/USDC (77.0%)                  | B  | BB        | BB      | BB      |      | B    | BB      |
| Ethereum  | ACRDX/USDC (62.5%)                            | B  | A         | B       | A       |      | A    | B       |
| Base      | cbADA/USDC (62.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/AUSD (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/AUSD (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/EURC (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/EURC (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/EURCV (86.0%)                           | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/USDC (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/USDT (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/USDT (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Ethereum  | cbBTC/WETH (91.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbBTC/XSGD (86.0%)                            | A  | AA        | A       | A       |      | A    | A       |
| Base      | cbETH/XSGD (86.0%)                            | BB | AA        | A       | A       |      | BB   | A       |
| Base      | cbXRP/USDC (62.5%)                            | A  | AA        | A       | A       |      | A    | A       |
| Base      | deSPXA/USDC (77.0%)                           | A  | A         | A       | A       |      | A    | A       |
| Ethereum  | eurSAFO/EURCV (94.5%)                         | A  | A         | A       | A       |      | A    | A       |
| Ethereum  | EUTBL/EURCV (96.5%)                           | A  | A         | A       | A       |      | A    | A       |
| Ethereum  | FLHYon/AUSD (86.0%)                           | BB | BB        | B       | A       |      | A    | BB      |
| Ethereum  | FLHYon/USDC (86.0%)                           | BB | BB        | B       | A       |      | A    | BB      |
| Ethereum  | FLHYon/USDT (86.0%)                           | BB | BB        | B       | A       |      | A    | BB      |
| Base      | jitoSOL/USDC (62.5%)                          | B  | B         | A       | A       |      | B    | B       |
| Ethereum  | LBTC/USDC (86.0%)                             | B  | B         | B       | A       |      | BB   | B       |
| Base      | mGLO/USDC (91.5%)                             | BB | BB        | BB      | BB      |      | BB   | BB      |
| Ethereum  | PT-cUSD-23JUL2026/AUSD (91.5%)                | CC | CC        | A       | A       | BB   | BB   | CC      |
| Ethereum  | PT-cUSD-23JUL2026/USDC (91.5%)                | CC | CC        | A       | A       | BB   | BB   | CC      |
| Ethereum  | PT-cUSD-23JUL2026/USDT (91.5%)                | CC | CC        | A       | A       | BB   | BB   | CC      |
| Ethereum  | PT-cUSD-29JAN2026/AUSD (91.5%)                | CC | CC        | A       | A       | BB   | A    | CC      |
| Ethereum  | PT-iUSD-25JUN2026/USDC (91.5%)                | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-reUSD-10DEC2026/AUSD (91.5%)               | B  | BB        | B       | BB      | BB   | B    | B       |
| Ethereum  | PT-reUSD-10DEC2026/USDC (91.5%)               | B  | BB        | B       | BB      | BB   | B    | B       |
| Ethereum  | PT-reUSD-10DEC2026/USDT (91.5%)               | B  | BB        | B       | BB      | BB   | B    | B       |
| Ethereum  | PT-reUSD-25JUN2026/AUSD (91.5%)               | B  | BB        | B       | BB      | BB   | B    | B       |
| Ethereum  | PT-reUSD-25JUN2026/USDC (91.5%)               | B  | BB        | B       | BB      | BB   | B    | B       |
| Ethereum  | PT-reUSD-25JUN2026/USDT (91.5%)               | B  | BB        | B       | BB      | BB   | B    | B       |
| Ethereum  | PT-siUSD-26MAR2026/USDC (91.5%)               | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-srUSDe-25JUN2026/AUSD (91.5%)              | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-srUSDe-25JUN2026/USDC (91.5%)              | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-srUSDe-25JUN2026/USDT (91.5%)              | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-srUSDe-2APR2026/AUSD (91.5%)               | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-srUSDe-2APR2026/USDT (91.5%)               | CC | CC        | BB      | B       | BB   | A    | CC      |
| Ethereum  | PT-stcUSD-23JUL2026/AUSD (91.5%)              | CC | CC        | A       | A       | BB   | BB   | CC      |
| Ethereum  | PT-stcUSD-23JUL2026/USDC (91.5%)              | CC | CC        | A       | A       | BB   | BB   | CC      |
| Ethereum  | PT-stcUSD-23JUL2026/USDT (91.5%)              | CC | CC        | A       | A       | BB   | BB   | CC      |
| Ethereum  | PT-stcUSD-29JAN2026/AUSD (91.5%)              | CC | CC        | A       | A       | BB   | A    | CC      |
| Ethereum  | PT-stcUSD-29JAN2026/USDC (91.5%)              | CC | CC        | A       | A       | BB   | A    | CC      |
| Arbitrum  | PT-USDai-18JUN2026/USDC (91.5%)               | CC | CC        | A       | B       | BB   | AA   | CC      |
| Base      | PT-USDai-18JUN2026/USDC (91.5%)               | CC | CC        | A       | B       | BB   | BB   | CC      |
| Arbitrum  | PT-USDai-19FEB2026/USDC (91.5%)               | CC | CC        | A       | B       | BB   | A    | CC      |
| Arbitrum  | PT-USDai-19FEB2026/USDC (91.5%)               | CC | CC        | A       | B       | BB   | A    | CC      |
| Ethereum  | PT-USDG-24SEP2026/AUSD (91.5%)                | BB | BB        | A       | A       | BB   | BB   | BB      |
| Ethereum  | PT-USDG-24SEP2026/USDC (91.5%)                | BB | BB        | A       | A       | BB   | BB   | BB      |
| Ethereum  | PT-USDG-24SEP2026/USDT (91.5%)                | BB | BB        | A       | A       | BB   | BB   | BB      |
| Ethereum  | PT-USDG-28MAY2026/AUSD (94.5%)                | BB | BB        | A       | A       | BB   | A    | BB      |
| Ethereum  | PT-USDG-28MAY2026/USDC (94.5%)                | BB | BB        | A       | A       | BB   | A    | BB      |
| Ethereum  | PT-wsrUSD-26FEB2026/AUSD (91.5%)              | CC | CC        | B       | B       | A    | BB   | CC      |
| Ethereum  | reUSD/AUSD (91.5%)                            | B  | BB        | B       | BB      |      | B    | B       |
| Base      | reUSD/USDC (91.5%)                            | B  | BB        | B       | BB      |      | B    | B       |
| Ethereum  | reUSD/USDC (91.5%)                            | B  | BB        | B       | BB      |      | B    | B       |
| Ethereum  | reUSD/USDT (91.5%)                            | B  | BB        | B       | BB      |      | B    | B       |
| Arbitrum  | siUSD/USDC (91.5%)                            | CC | CC        | BB      | B       |      | A    | CC      |
| Base      | SOL/USDC (62.5%)                              | BB | BB        | B       | BB      |      | BB   | BB      |
| Robinhood | spUSDG/USDG (91.5%)                           | B  | B         | B       | B       |      | A    | B       |
| Ethereum  | stcUSD/AUSD (91.5%)                           | CC | CC        | A       | A       |      | A    | CC      |
| Ethereum  | stcUSD/USDC (91.5%)                           | CC | CC        | A       | A       |      | BB   | CC      |
| Ethereum  | stcUSD/USDT (91.5%)                           | CC | CC        | A       | A       |      | A    | CC      |
| Ethereum  | steakEURCV/USDC (91.5%)                       | A  | A         | A       | AA      | A    | A    | A       |
| Ethereum  | steakUSDC(v2)/EURC (91.5%)                    | A  | A         | A       | A       | A    | A    | A       |
| Ethereum  | steakUSDC(v2)/EURCV (91.5%)                   | A  | A         | A       | A       | A    | A    | A       |
| Base      | steakUSDC/XSGD (91.5%)                        | BB | BB        | A       | A       | A    | A    | BB      |
| Ethereum  | sUSDe/AUSD (91.5%)                            | B  | B         | B       | BB      |      | A    | B       |
| Base      | sUSDe/USDC (91.5%)                            | B  | B         | B       | BB      |      | A    | B       |
| Ethereum  | sUSDS/AUSD (94.5%)                            | BB | BB        | B       | A       |      | BB   | BB      |
| Arbitrum  | sUSDS/USDC (94.5%)                            | BB | BB        | B       | A       |      | BB   | BB      |
| Ethereum  | syrupUSDC/AUSD (91.5%)                        | B  | B         | B       | B       |      | BB   | B       |
| Arbitrum  | syrupUSDC/USDC (91.5%)                        | CC | B         | B       | B       |      | BB   | CC      |
| Base      | syrupUSDC/USDC (91.5%)                        | CC | B         | B       | B       |      | BB   | CC      |
| Robinhood | syrupUSDG/USDG (91.5%)                        | B  | B         | BB      | B       |      | BB   | B       |
| Ethereum  | syrupUSDT/USDT (91.5%)                        | CC | CC        | B       | B       |      | BB   | CC      |
| Ethereum  | TSLAon/USDC (62.5%)                           | BB | BB        | CC      | A       |      | A    | BB      |
| Ethereum  | TSLAon/USDT (62.5%)                           | BB | BB        | CC      | A       |      | A    | BB      |
| Base      | USDe/USDC (91.5%)                             | B  | B         | B       | BB      |      | A    | B       |
| Robinhood | USDe/USDG (91.5%)                             | B  | B         | B       | BB      |      | A    | B       |
| Katana    | vbETH/AUSD (86.0%)                            | A  | A         | A       | A       | A    | A    | A       |
| Ethereum  | WBTC/AUSD (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/AUSD (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Monad     | WBTC/AUSD (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/EURC (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/EURC (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/EURCV (86.0%)                            | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/EURCV (86.0%)                            | A  | AA        | A       | AA      |      | A    | A       |
| Arbitrum  | WBTC/USDC (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/USDC (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Katana    | WBTC/USDC (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/USDT (86.0%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | WBTC/WETH (91.5%)                             | A  | AA        | A       | AA      |      | A    | A       |
| Ethereum  | weETH/AUSD (86.0%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | weETH/USDC (77.0%)                            | A  | A         | A       | AA      |      | A    | A       |
| Arbitrum  | weETH/USDC (86.0%)                            | BB | A         | A       | AA      |      | BB   | A       |
| Ethereum  | weETH/USDC (86.0%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | weETH/USDC (86.0%)                            | A  | A         | A       | AA      | A    | A    | A       |
| Ethereum  | weETH/USDT (77.0%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | weETH/USDT (86.0%)                            | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | WETH/AUSD (86.0%)                             | A  | AA        | AA      | AA      | A    | A    | AA      |
| Ethereum  | WETH/AUSD (86.0%)                             | A  | AA        | AA      | AA      |      | A    | AA      |
| Ethereum  | WETH/EURC (86.0%)                             | A  | AA        | AA      | AA      | A    | A    | AA      |
| Ethereum  | WETH/EURC (86.0%)                             | A  | AA        | AA      | AA      |      | A    | AA      |
| Ethereum  | WETH/EURCV (86.0%)                            | A  | AA        | AA      | AA      | A    | A    | AA      |
| Arbitrum  | WETH/USDC (86.0%)                             | A  | AA        | AA      | AA      |      | A    | AA      |
| Ethereum  | WETH/USDT (86.0%)                             | A  | AA        | AA      | AA      | A    | A    | AA      |
| Base      | WETH/XSGD (86.0%)                             | A  | AA        | AA      | AA      |      | A    | AA      |
| Ethereum  | wFalconX/USDC (91.5%)                         | B  | BB        | BB      | BB      | B    | B    | BB      |
| Ethereum  | wJAAA/USDC (98%)                              | B  | A         | BB      | A       | B    | B    | BB      |
| Ethereum  | wsrUSD/AUSD (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Arbitrum  | wsrUSD/USDC (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Ethereum  | wstETH/AUSD (86.0%)                           | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | wstETH/AUSD (86.0%)                           | A  | A         | A       | AA      | A    | A    | A       |
| Ethereum  | wstETH/EURC (86.0%)                           | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | wstETH/EURC (86.0%)                           | A  | A         | A       | AA      | A    | A    | A       |
| Ethereum  | wstETH/EURCV (86.0%)                          | A  | A         | A       | AA      | A    | A    | A       |
| Arbitrum  | wstETH/USDC (86.0%)                           | A  | A         | A       | AA      |      | A    | A       |
| Ethereum  | wstETH/USDC (86.0%)                           | A  | A         | A       | AA      | A    | A    | A       |
| Ethereum  | wstETH/USDT (86.0%)                           | A  | A         | A       | AA      | A    | A    | A       |
| Monad     | wstETH/WETH (94.5%)                           | A  | A         | A       | AA      | A    | A    | A       |
| Base      | wstETH/XSGD (86.0%)                           | A  | A         | A       | AA      |      | A    | A       |
| Arbitrum  | wstUSR/USDC (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Base      | wstUSR/USDC (91.5%)                           | CC | CC        | B       | B       |      | A    | CC      |
| Arbitrum  | XAUt/USDC (77.0%)                             | BB | BB        | BB      | BB      |      | A    | BB      |

*Last pushed: 2026-08-21T03:38:42.926Z*


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