# \[Gauntlet\] Base, Moonbeam, and Moonriver Weekly Market Update - (2024-02-09 through 2024-02-15) **URL:** \ **Category:** Updates\ **Created:** [February 16, 2024, 10:50pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-09-through-2024-02-15/794 "2024-02-16T22:50:01Z")\ **Posts on this page:** 1\ **Page:** 1
**Author:** ![Gauntlet](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.moonwell.fi/gauntlet/32/780_2.png) [@Gauntlet](https://forum.moonwell.fi/u/Gauntlet)\ **Post date:** [February 16, 2024, 10:50pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-09-through-2024-02-15/794/1 "2024-02-16T22:50:01Z")
# 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/6567494e5a4560e34c813a241f3bd0124f8c100b.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/4/42d628b6ca8b02b8285bd445270e882b99e10c4e.png) To see updated statistics, please see the live version of this graph [here](https://risk.gauntlet.network/protocols/moonwell/markets/base?fullscreen=market_health_timeseries_accounts). ## 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](https://risk.gauntlet.network/protocols/moonwell/markets/base?fullscreen=market_health_timeseries_asset_supply). ![Supply](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/2/227a94afe9d34d806fc1e98c89a6314e2e831969.png) ## 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](https://risk.gauntlet.network/protocols/moonwell/markets/base?fullscreen=market_health_timeseries_asset_borrows). ![Borrows](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/b8ebbf70a00138409fc00bb0388884d2e77c8189.png) ## Utilization Trend This graph shows the utilization (borrow / supply) of all assets over the time frame in question. ![Utilization](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/09ce400cf746845804e0c2769750b78628eaa227.png) ## Supply Cap Usage Trend This graph shows the supply cap usage (supply / supply cap) of all assets over the time frame in question. ![Supply Cap Usage](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/7dbf995d06b6ecaf26bd8da486c4b0a3e6988d2f.png) ## Borrow Cap Usage Trend This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question. ![Borrow Cap Usage](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/cf0b1a52baf9a67068a02d61e09a342c51abf287.png) # 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/0eb4779f97b4d3823c40b1073b99e25ebac2b9f3.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/64d8add257ee0827abf33f27e56d8ad56936cee4.png) To see updated statistics, please see the live version of this graph [here](https://risk.gauntlet.network/protocols/moonwell/markets/moonbeam?fullscreen=market_health_timeseries_accounts). ## 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](https://risk.gauntlet.network/protocols/moonwell/markets/moonbeam?fullscreen=market_health_timeseries_asset_supply). ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5b1e44d14cba08a702cb4f5ce6c9da5b1bef3115.png) ## 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](https://risk.gauntlet.network/protocols/moonwell/markets/moonbeam?fullscreen=market_health_timeseries_asset_borrows). ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/a6914a3908412cdaa3ce16fd86c4ffed9f68ca72.png) ## Utilization Trend This graph shows the utilization (borrow / supply) of all assets over the time frame in question. ![Utilization](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/009905e01837b1a2dc0b6ddabf4138dce38634ae.png) ## Borrow Cap Usage Trend This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question. ![Borrow Cap Usage](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/1/1c052eb125642eac2c8e45fd4f06556b1b8965bd.png) # 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/e2f267cb4ef15acc83aac422f27d424d0af43d2a.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5bd19699b20ccb0f0da713fe6256be52c0a75d5d.png) To see updated statistics, please see the live version of this graph [here](https://risk.gauntlet.network/protocols/moonwell/markets/moonriver?fullscreen=market_health_timeseries_accounts). ## 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](https://risk.gauntlet.network/protocols/moonwell/markets/moonriver?fullscreen=market_health_timeseries_asset_supply). ![Supply](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/338d76a1fb1f933de7c74b03ed933a118b82c933.png) ## 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](https://risk.gauntlet.network/protocols/moonwell/markets/moonriver?fullscreen=market_health_timeseries_asset_borrows). ![Borrows](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/7568492416fe54b0ba65edc73347e9f3d4dd04e0.png) ## Utilization Trend This graph shows the utilization (borrow / supply) of all assets over the time frame in question. ![Utilization](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/f/f027c662d684296ac812dc9f7613d6e66c32ac70.png) ## Borrow Cap Usage Trend This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question. ![Borrow Cap Usage](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/9/9155300da4eda0b256e1242a46f4bc5c97711d51.png)