Consumer
Chain Clusters
About this Chart
At the token level the utilzation rate is calculated by dividing the value of outstanding loans in a token, by the total supply (deposits) of that same token.
For aggreate utilization at the overall and chain levels, supply is assumed to be 1/2 of the total deposits, since at any time the value of supply must be fully collateralized. This is a necessary assumption, since Spark does not differentiate between supply and collateral in its internal accounting.