[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-02-16 through 2024-02-22)

Gauntlet would like to provide the community with an update on all markets over the previous week. Gauntlet is continuing to monitor these markets.

BASE

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 64.56% 53.63% 80.25% $6.09M
USDbC 4.00M 5.00M 11.76% 13.61% 69.14% $4.00M
DAI 3.90M 4.50M 75.69% 81.83% 80.17% $519.00K
WETH 8.00K 10.50K 71.71% 73.38% 74.46% $3.54M
cbETH 1.80K 6.00K 52.77% 63.87% 24.78% $2.42M
wstETH 700.00 1.60K 66.26% 65.98% 43.94% $1.93M
rETH 200.00 600.00 48.90% 88.30% 18.46% $1.26M

Top Movers

  • cbETH’s borrow balance increased WoW by 30% from $2M to $3M.
  • USDbC’s borrow balance decreased WoW by -29% from $537K to $382K.
  • DAI’s supply balance increased WoW by 30% from $3M to $4M.
  • USDbC’s supply balance decreased WoW by -54% from $1M to $551K.
  • USDbC’s utilization increased WoW by 55% from 45% to 69%.
  • DAI’s utilization decreased WoW by -6% from 86% to 80%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mcbETH 1.73 $5.36K
mWETH 0.40 $1.16K

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 27.79% 19.33M 32.42% $55.88K
FRAX 5.25M 61.14% 3.02M 106.37% $3.05M
USDC.wh 2.40M 66.63% 1.98M 80.60% $324.50M
xcUSDT 1.30M 57.39% 925.82K 80.58% $4.82K
xcDOT 850.00K 60.06% 818.99K 62.33% $69.24K
WETH.wh 500.00 3.69% 271.90 6.78% $54.79M
WBTC.wh 50.00 0.19% 130.21 0.07% $17.88M

Top Movers

  • WETH.wh’s borrow balance increased WoW by 29% from $42K to $54K.
  • USDC.wh’s borrow balance decreased WoW by -9% from $2M to $2M.
  • WETH.wh’s supply balance increased WoW by 5% from $769K to $809K.
  • USDC.wh’s supply balance decreased WoW by -9% from $2M to $2M.
  • WBTC.wh’s utilization increased WoW by 28% from 0% to 0%.
  • WGLMR’s utilization decreased WoW by -2% from 33% to 32%.
  • No Asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 23.23K $10.28K
mDOT 500.65 $3.88K
mFRAX 143.47 $143.24

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

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 95.77% 589.99K 68.17% $3.05M
WMOVR 40.00K 31.06% 150.48K 8.26% $1.37M

Top Movers

  • WMOVR’s borrow balance increased WoW by 9% from $254K to $276K.
  • FRAX’s borrow balance decreased WoW by -5% from $419K to $398K.
  • WMOVR’s supply balance increased WoW by 3% from $3M to $3M.
  • xcKSM’s supply balance decreased WoW by -17% from $2M to $2M.
  • xcKSM’s utilization increased WoW by 20% from 17% to 21%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)

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.