[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-01 through 2024-03-07)

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 12.00M 15.00M 69.16% 69.65% 79.43% $6.83M
USDbC 4.00M 5.00M 40.41% 47.34% 68.30% $6.25M
DAI 2.00M 2.50M 88.32% 87.53% 80.72% $351.59K
WETH 10.50K 12.50K 61.26% 68.92% 74.67% $3.75M
cbETH 1.80K 6.00K 41.75% 62.12% 20.16% $2.02M
wstETH 800.00 1.80K 62.99% 64.13% 43.66% $2.09M
rETH 200.00 700.00 57.14% 78.71% 20.74% $1.30M

Top Movers

  • rETH’s borrow balance increased WoW by 83% from $388K to $712K.
  • DAI’s borrow balance decreased WoW by -12% from $2M to $2M.
  • WETH’s supply balance increased WoW by 30% from $26M to $34M.
  • DAI’s supply balance decreased WoW by -13% from $3M to $2M.
  • rETH’s utilization increased WoW by 42% from 19% to 28%.
  • wstETH’s utilization decreased WoW by -13% from 44% to 39%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mwstETH 12.48 $49.44K
mWETH 2.93 $9.75K

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 27.66% 19.33M 32.26% $68.82K
FRAX 5.25M 61.17% 3.02M 106.38% $4.78M
USDC.wh 2.40M 66.64% 1.95M 81.86% $342.36M
xcUSDT 1.30M 58.29% 929.74K 81.51% $4.21K
xcDOT 850.00K 60.69% 829.63K 62.18% $87.21K
xcUSDC 400.00K 84.64% 424.22K 79.81% $342.36M
WETH.wh 500.00 3.55% 262.00 6.77% $79.20M
WBTC.wh 50.00 0.20% 130.95 0.07% $31.12M

Top Movers

  • xcDOT’s borrow balance increased WoW by 28% from $4M to $5M.
  • xcDOT’s supply balance increased WoW by 34% from $7M to $9M.
  • USDC.wh’s supply balance decreased WoW by -1% from $2M to $2M.
  • xcUSDT’s utilization increased WoW by 7% from 77% to 83%.
  • WETH.wh’s utilization decreased WoW by -11% from 7% to 6%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWBTC.wh 0.16 $9.89K
mDOT 182.53 $1.78K
mGLMR 1.95K $881.61
mFRAX 137.17 $136.74
mUSDC.wh 1.30 $1.30

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 500.00K 86.83% 541.00K 80.25% $4.78M
WMOVR 40.00K 39.66% 155.08K 10.23% $1.13M

Top Movers

  • WMOVR’s borrow balance increased WoW by 58% from $285K to $451K.
  • xcKSM’s supply balance increased WoW by 10% from $2M to $2M.
  • WMOVR’s supply balance decreased WoW by -8% from $4M to $3M.
  • WMOVR’s utilization increased WoW by 72% from 8% to 13%.
  • xcKSM’s utilization decreased WoW by -2% from 20% to 20%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 330.97 $8.32K
mUSDC 539.53 $539.53

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.