[Gauntlet] Base, Moonbeam, and Moonriver Weekly Market Update - (2024-02-09 through 2024-02-15)

BASE

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

Summary

This table gives high-level statistics over the time frame in question. Bold lines correspond to weekly average supply/borrow cap usage over 75%.

Asset Current Borrow Cap Current Supply Cap Average Borrow Cap Usage (Past Week) Average Supply Cap Usage (Past Week) Average Utilization Current DEX 25% Slippage (USD)
USDC 10.00M 15.00M 65.05% 54.53% 79.53% $7.40M
USDbC 4.00M 5.00M 14.53% 17.91% 64.89% $4.09M
DAI 3.90M 4.50M 73.18% 79.40% 79.88% $570.72K
WETH 8.00K 10.50K 72.84% 72.49% 76.55% $4.73M
cbETH 1.00K 6.00K 63.75% 61.14% 17.38% $2.38M
wstETH 700.00 1.60K 56.93% 62.63% 39.76% $1.94M
rETH 200.00 600.00 48.66% 86.25% 18.81% $846.42K

Top Movers

  • wstETH’s borrow balance increased WoW by 62% from $941K to $2M.
  • DAI’s borrow balance decreased WoW by -17% from $3M to $2M.
  • wstETH’s supply balance increased WoW by 44% from $2M to $4M.
  • DAI’s supply balance decreased WoW by -23% from $4M to $3M.
  • cbETH’s utilization increased WoW by 35% from 16% to 21%.
  • USDbC’s utilization decreased WoW by -36% from 70% to 45%.

Liquidations

There are no liquidations to report in the past week.

Weekly Annualized Reserve and Interest Projections

Protocol Growth

To see updated statistics, please see the live version of this graph here.

Supply Trend

This graph shows the total supply of all assets over the time frame in question. To see updated statistics, please see the live version of this graph here.

Borrows Trend

This graph shows the total borrows of all assets over the time frame in question. To see updated statistics, please see the live version of this graph here.

Utilization Trend

This graph shows the utilization (borrow / supply) of all assets over the time frame in question.

Supply Cap Usage Trend

This graph shows the supply cap usage (supply / supply cap) of all assets over the time frame in question.

Borrow Cap Usage Trend

This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question.

MOONBEAM

Summary

This table gives high-level statistics over the time frame in question. Bold lines correspond to weekly utilization over 75%.

Asset Current Borrow Cap Average Borrow Cap Usage (Past Week) Average Supply Balance (Past Week) Average Utilization Current Global 2% Slippage (USD)
WGLMR 22.55M 27.96% 19.74M 31.95% $49.49K
FRAX 5.25M 61.24% 3.02M 106.35% $3.26M
USDC.wh 2.40M 68.00% 2.02M 80.82% $277.28M
xcUSDT 1.30M 61.08% 979.20K 81.09% $5.71K
xcDOT 850.00K 61.34% 827.14K 63.04% $73.70K
WETH.wh 500.00 2.97% 270.56 5.50% $43.30M
WBTC.wh 50.00 0.14% 130.20 0.05% $39.66M

Top Movers

  • WBTC.wh’s borrow balance increased WoW by 78% from $3K to $5K.
  • USDC.wh’s borrow balance decreased WoW by -2% from $2M to $2M.
  • WETH.wh’s supply balance increased WoW by 19% from $646K to $769K.
  • WGLMR’s supply balance decreased WoW by -1% from $8M to $8M.
  • WBTC.wh’s utilization increased WoW by 55% from 0% to 0%.
  • WETH.wh’s utilization decreased WoW by -3% from 6% to 5%.
  • No Asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mFRAX 4.12K $4.11K
mGLMR 686.90 $262.41
mDOT 5.58 $42.18

Weekly Annualized Reserve and Interest Projections

Protocol Growth

To see updated statistics, please see the live version of this graph here.

Supply Trend

This graph shows the total supply of all assets over the time frame in question. To see updated statistics, please see the live version of this graph here.

Borrows Trend

This graph shows the total borrows of all assets over the time frame in question. To see updated statistics, please see the live version of this graph here.

Utilization Trend

This graph shows the utilization (borrow / supply) of all assets over the time frame in question.

Borrow Cap Usage Trend

This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question.

MOONRIVER

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market. At this time, we do not recommend any parameter updates, but will keep the community informed.

Summary

This table gives high-level statistics over the time frame in question. Bold lines correspond to weekly utilization over 75%.

Asset Current Borrow Cap Average Borrow Cap Usage (Past Week) Average Supply Balance (Past Week) Average Utilization Current Global 2% Slippage (USD)
FRAX 420.00K 100.02% 584.48K 71.88% $3.26M
WMOVR 40.00K 35.55% 155.91K 9.12% $977.48K

Top Movers

  • xcKSM’s borrow balance increased WoW by 13% from $322K to $366K.
  • WMOVR’s borrow balance decreased WoW by -26% from $345K to $254K.
  • xcKSM’s supply balance increased WoW by 12% from $2M to $2M.
  • WMOVR’s supply balance decreased WoW by -3% from $3M to $3M.
  • xcKSM’s utilization increased WoW by 2% from 17% to 17%.
  • WMOVR’s utilization decreased WoW by -24% from 10% to 7%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 73.84 $1.68K

Weekly Annualized Reserve and Interest Projections

Protocol Growth

To see updated statistics, please see the live version of this graph here.

Supply Trend

This graph shows the total supply of all assets over the time frame in question. To see updated statistics, please see the live version of this graph here.

Borrows Trend

This graph shows the total borrows of all assets over the time frame in question. To see updated statistics, please see the live version of this graph here.

Utilization Trend

This graph shows the utilization (borrow / supply) of all assets over the time frame in question.

Borrow Cap Usage Trend

This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question.