diff --git a/contracts/params/src/msg.rs b/contracts/params/src/msg.rs
index 7f192d08d..d4fbd3177 100644
--- a/contracts/params/src/msg.rs
+++ b/contracts/params/src/msg.rs
@@ -1,5 +1,5 @@
 use cosmwasm_schema::{cw_serde, QueryResponses};
-use cosmwasm_std::{Coin, Decimal};
+use cosmwasm_std::{Decimal, Uint128};
 use mars_owner::OwnerUpdate;
 
 use crate::types::{asset::AssetParamsUnchecked, vault::VaultConfigUnchecked};
@@ -57,12 +57,19 @@ pub enum QueryMsg {
 
     /// Compute the total amount deposited of the given asset across Red Bank
     /// and Credit Manager.
-    #[returns(Coin)]
+    #[returns(TotalDepositResponse)]
     TotalDeposit {
         denom: String,
     },
 }
 
+#[cw_serde]
+pub struct TotalDepositResponse {
+    pub denom: String,
+    pub cap: Uint128,
+    pub amount: Uint128,
+}
+
 #[cw_serde]
 pub enum AssetParamsUpdate {
     AddOrUpdate {
diff --git a/contracts/params/src/query.rs b/contracts/params/src/query.rs
index d7a5b8256..c5e53bd0d 100644
--- a/contracts/params/src/query.rs
+++ b/contracts/params/src/query.rs
@@ -1,4 +1,4 @@
-use cosmwasm_std::{Addr, Coin, Deps, Env, Order, StdResult, Uint128};
+use cosmwasm_std::{Addr, Deps, Env, Order, StdResult, Uint128};
 use cw_storage_plus::Bound;
 use mars_interest_rate::get_underlying_liquidity_amount;
 use mars_red_bank_types::{
@@ -7,6 +7,7 @@ use mars_red_bank_types::{
 };
 
 use crate::{
+    msg::TotalDepositResponse,
     state::{ADDRESS_PROVIDER, ASSET_PARAMS, VAULT_CONFIGS},
     types::{asset::AssetParams, vault::VaultConfig},
 };
@@ -73,7 +74,11 @@ pub fn query_all_vault_configs(
 ///    For example, when computing the deposited amount of ATOM, we only include
 ///    ATOM deposited in RB and CM; we don't include the ATOM-OSMO LP token, or
 ///    the ATOM-OSMO farming vault.
-pub fn query_total_deposit(deps: Deps, env: &Env, denom: String) -> StdResult<Coin> {
+pub fn query_total_deposit(
+    deps: Deps,
+    env: &Env,
+    denom: String,
+) -> StdResult<TotalDepositResponse> {
     let current_timestamp = env.block.time.seconds();
 
     // query contract addresses
@@ -124,8 +129,15 @@ pub fn query_total_deposit(deps: Deps, env: &Env, denom: String) -> StdResult<Co
     // note that this way, we don't include LP tokens or vault positions
     let cm_deposit = deps.querier.query_balance(credit_manager_addr, &denom)?.amount;
 
-    Ok(Coin {
+    // total deposited amount
+    let amount = rb_deposit.checked_add(cm_deposit)?.checked_sub(cm_debt)?;
+
+    // additionally, we include the deposit cap in the response
+    let asset_params = ASSET_PARAMS.load(deps.storage, &denom)?;
+
+    Ok(TotalDepositResponse {
         denom,
-        amount: rb_deposit.checked_add(cm_deposit)?.checked_sub(cm_debt)?,
+        amount,
+        cap: asset_params.deposit_cap,
     })
 }
diff --git a/contracts/params/tests/test_deposit_cap.rs b/contracts/params/tests/test_deposit_cap.rs
index 302f6192a..7da5648af 100644
--- a/contracts/params/tests/test_deposit_cap.rs
+++ b/contracts/params/tests/test_deposit_cap.rs
@@ -1,12 +1,20 @@
+pub mod helpers;
+
 use std::str::FromStr;
 
 use cosmwasm_std::{coins, Addr, Decimal, Uint128};
 use mars_interest_rate::get_underlying_liquidity_amount;
-use mars_params::{query::query_total_deposit, state::ADDRESS_PROVIDER};
+use mars_params::{
+    msg::TotalDepositResponse,
+    query::query_total_deposit,
+    state::{ADDRESS_PROVIDER, ASSET_PARAMS},
+};
 use mars_red_bank_types::red_bank::{Market, UserDebtResponse};
 use mars_testing::{mock_dependencies, mock_env_at_block_time};
 use test_case::test_case;
 
+use crate::helpers::default_asset_params;
+
 const CREDIT_MANAGER: &str = "credit_manager";
 const MOCK_DENOM: &str = "utoken";
 const TIMESTAMP: u64 = 1690573960;
@@ -49,11 +57,15 @@ fn querying_total_deposit(rb_market: Market, rb_debt: UserDebtResponse, cm_balan
     let mut deps = mock_dependencies(&[]);
     let env = mock_env_at_block_time(TIMESTAMP);
 
+    let params_unchecked = default_asset_params(MOCK_DENOM);
+    let params = params_unchecked.check(deps.as_ref().api).unwrap();
+
     // setup
     deps.querier.set_redbank_market(rb_market.clone());
     deps.querier.set_red_bank_user_debt(CREDIT_MANAGER, rb_debt.clone());
     deps.querier.update_balances(CREDIT_MANAGER, coins(cm_balance.u128(), MOCK_DENOM));
     ADDRESS_PROVIDER.save(deps.as_mut().storage, &Addr::unchecked("address_provider")).unwrap();
+    ASSET_PARAMS.save(deps.as_mut().storage, MOCK_DENOM, &params).unwrap();
 
     // compute the correct, expected total deposit
     let rb_deposit =
@@ -62,6 +74,13 @@ fn querying_total_deposit(rb_market: Market, rb_debt: UserDebtResponse, cm_balan
     let exp_total_deposit = rb_deposit + cm_balance - rb_debt.amount;
 
     // query total deposit
-    let total_deposit = query_total_deposit(deps.as_ref(), &env, MOCK_DENOM.into()).unwrap();
-    assert_eq!(total_deposit.amount, exp_total_deposit);
+    let res = query_total_deposit(deps.as_ref(), &env, MOCK_DENOM.into()).unwrap();
+    assert_eq!(
+        res,
+        TotalDepositResponse {
+            denom: MOCK_DENOM.into(),
+            amount: exp_total_deposit,
+            cap: params.deposit_cap,
+        }
+    );
 }
diff --git a/schemas/mars-params/mars-params.json b/schemas/mars-params/mars-params.json
index b74a5a050..e9daf2f0b 100644
--- a/schemas/mars-params/mars-params.json
+++ b/schemas/mars-params/mars-params.json
@@ -1341,20 +1341,25 @@
     },
     "total_deposit": {
       "$schema": "http://json-schema.org/draft-07/schema#",
-      "title": "Coin",
+      "title": "TotalDepositResponse",
       "type": "object",
       "required": [
         "amount",
+        "cap",
         "denom"
       ],
       "properties": {
         "amount": {
           "$ref": "#/definitions/Uint128"
         },
+        "cap": {
+          "$ref": "#/definitions/Uint128"
+        },
         "denom": {
           "type": "string"
         }
       },
+      "additionalProperties": false,
       "definitions": {
         "Uint128": {
           "description": "A thin wrapper around u128 that is using strings for JSON encoding/decoding, such that the full u128 range can be used for clients that convert JSON numbers to floats, like JavaScript and jq.\n\n# Examples\n\nUse `from` to create instances of this and `u128` to get the value out:\n\n``` # use cosmwasm_std::Uint128; let a = Uint128::from(123u128); assert_eq!(a.u128(), 123);\n\nlet b = Uint128::from(42u64); assert_eq!(b.u128(), 42);\n\nlet c = Uint128::from(70u32); assert_eq!(c.u128(), 70); ```",
diff --git a/scripts/types/generated/mars-params/MarsParams.client.ts b/scripts/types/generated/mars-params/MarsParams.client.ts
index 610c71efe..4722ea540 100644
--- a/scripts/types/generated/mars-params/MarsParams.client.ts
+++ b/scripts/types/generated/mars-params/MarsParams.client.ts
@@ -36,6 +36,7 @@ import {
   ArrayOfVaultConfigBaseForAddr,
   VaultConfigBaseForAddr,
   OwnerResponse,
+  TotalDepositResponse,
 } from './MarsParams.types'
 export interface MarsParamsReadOnlyInterface {
   contractAddress: string
@@ -57,7 +58,7 @@ export interface MarsParamsReadOnlyInterface {
     startAfter?: string
   }) => Promise<ArrayOfVaultConfigBaseForAddr>
   targetHealthFactor: () => Promise<Decimal>
-  totalDeposit: ({ denom }: { denom: string }) => Promise<Coin>
+  totalDeposit: ({ denom }: { denom: string }) => Promise<TotalDepositResponse>
 }
 export class MarsParamsQueryClient implements MarsParamsReadOnlyInterface {
   client: CosmWasmClient
@@ -127,7 +128,7 @@ export class MarsParamsQueryClient implements MarsParamsReadOnlyInterface {
       target_health_factor: {},
     })
   }
-  totalDeposit = async ({ denom }: { denom: string }): Promise<Coin> => {
+  totalDeposit = async ({ denom }: { denom: string }): Promise<TotalDepositResponse> => {
     return this.client.queryContractSmart(this.contractAddress, {
       total_deposit: {
         denom,
diff --git a/scripts/types/generated/mars-params/MarsParams.react-query.ts b/scripts/types/generated/mars-params/MarsParams.react-query.ts
index beae94e83..54b185c5b 100644
--- a/scripts/types/generated/mars-params/MarsParams.react-query.ts
+++ b/scripts/types/generated/mars-params/MarsParams.react-query.ts
@@ -37,6 +37,7 @@ import {
   ArrayOfVaultConfigBaseForAddr,
   VaultConfigBaseForAddr,
   OwnerResponse,
+  TotalDepositResponse,
 } from './MarsParams.types'
 import { MarsParamsQueryClient, MarsParamsClient } from './MarsParams.client'
 export const marsParamsQueryKeys = {
@@ -79,17 +80,18 @@ export interface MarsParamsReactQuery<TResponse, TData = TResponse> {
     initialData?: undefined
   }
 }
-export interface MarsParamsTotalDepositQuery<TData> extends MarsParamsReactQuery<Coin, TData> {
+export interface MarsParamsTotalDepositQuery<TData>
+  extends MarsParamsReactQuery<TotalDepositResponse, TData> {
   args: {
     denom: string
   }
 }
-export function useMarsParamsTotalDepositQuery<TData = Coin>({
+export function useMarsParamsTotalDepositQuery<TData = TotalDepositResponse>({
   client,
   args,
   options,
 }: MarsParamsTotalDepositQuery<TData>) {
-  return useQuery<Coin, Error, TData>(
+  return useQuery<TotalDepositResponse, Error, TData>(
     marsParamsQueryKeys.totalDeposit(client?.contractAddress, args),
     () =>
       client
diff --git a/scripts/types/generated/mars-params/MarsParams.types.ts b/scripts/types/generated/mars-params/MarsParams.types.ts
index 11eb13940..d27e9d118 100644
--- a/scripts/types/generated/mars-params/MarsParams.types.ts
+++ b/scripts/types/generated/mars-params/MarsParams.types.ts
@@ -208,3 +208,8 @@ export interface OwnerResponse {
   owner?: string | null
   proposed?: string | null
 }
+export interface TotalDepositResponse {
+  amount: Uint128
+  cap: Uint128
+  denom: string
+}