# \[Gauntlet\] Base, Moonbeam and Moonriver Weekly Market Update - (2024-02-16 through 2024-02-22) **URL:** \ **Category:** Updates\ **Created:** [February 23, 2024, 8:31pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-16-through-2024-02-22/798 "2024-02-23T20:31:04Z")\ **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 23, 2024, 8:31pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-16-through-2024-02-22/798/1 "2024-02-23T20:31:04Z")
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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/9/99a67280da4e0aba9ae27db384e30791b2ec0144.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/ec2dbd206c9c0ac3d1fb6633e4970d58462ed9ce.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/0/04e153149607a8770d5d83d68b93b347bf760494.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/c/c342da1dea011720a09e46089babfd6f09291f00.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/0/0b8554712c4228518f9a977db4d7dc9b20690b33.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/3/348fdc76693a5810171f2a2896d0a13a0908dbdd.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/0/01781ed376e1b5682e38084d33853ed203720042.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 | 27.79% | 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/81a4f1307147e6305760a596d0ccfb88a6faf6de.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/bd7851c9f1c66129bf6dc0ca35c92e41bbe37e7a.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). ![Supply](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/bd84062dbe30e61c11a2a307795fe2d6363b737a.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). ![Borrows](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/c6cd0c5d01f529e89e54be1a4210024fa4a3eeec.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/2/22b4c640fd73dc681b14c1c43dd71f88dc09a0e6.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/9/98f72a69e48cf939b63dd1f33ff1f1929dc64fe8.png) # 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/ea5690913ab78643f7eb0c0a9f782b272aead205.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/3b87e603ba0324028429fd2e657803cd5af1047e.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/a/af60f25e2737e95d4e39cc2433b6e27b460e768b.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/2/27a3a15f13e3f641a997fa4fdc59bef9af2a0412.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/1/1f45e5f654585105bf9520d25e1652d651833bac.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/c8756dbf950e6f1530fee09511786f60f3e61fbb.png)