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

**URL:** <https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-01-through-2024-03-07/805>\
**Category:** Updates\
**Created:** [March 8, 2024, 11:35pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-01-through-2024-03-07/805 "2024-03-08T23:35:21Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**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:** [March 8, 2024, 11:35pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-01-through-2024-03-07/805/1 "2024-03-08T23:35:21Z")

</div>

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

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/e288c9f87f499855733020a814512e4fe95aa34f.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/3b4811ebcd5156e4ae86a3ad6ec3532a5ff9ff2c.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/6/619f8e6d37b82b0c89a6191b5684ee213eda82d9.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/1/1c33824843d0010ccae7c271492175ff1aa85937.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/a/ac393b016e51596fbdc31009e3b89ef7faec5534.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/5/59cc7bf869c5dda7b894fa641cc35917a7d044ef.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/3/3c7f3ba8a457c566a02220e051d621d7c47e296b.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 | 27.66% | 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

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/eaa950d9fa21751f3cc4940ef1d4f704af759eb9.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/d/dc26375c0c797128089ec964ed778a9729becf1f.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/5/52fda3ead5c2863dd161af92c739f6f7166b8b43.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/7/73e3487bb6d1f07e39c17d44bc038c20844e4a04.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/8/8f996ba43489e0cf4897770ac025ededde16fb3c.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/2/2eb38ce2fb4ac42c2d36d6b34b8d03d8a5f1196f.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** | **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

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/1/191d1e4d19fe87d00ecf4be314ecafe03b5c494e.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/81ed60bdfbb191cf1d9d3f8161ee53a01ee6163e.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/8/8093958878832611a5dd7acf0bbe91345b43229f.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/8/8cc600992a6e84e20e65b74ef8e80b3ab19f8cc6.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/c/c123688003407e91bcf6efa62aebbd7863a4d98a.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/5/5ec11d9fda088ba75cda3caad0027d429018160d.png)
