[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-08 through 2024-03-14)

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 18.20M 20.00M 48.96% 55.29% 80.59% $6.42M
USDbC 4.00M 5.00M 37.20% 44.87% 66.32% $7.88M
DAI 1.50M 2.00M 97.13% 93.98% 77.52% $366.51K
WETH 10.50K 12.50K 64.17% 71.82% 75.05% $4.03M
cbETH 1.80K 6.00K 42.40% 60.44% 21.05% $2.64M
wstETH 800.00 1.80K 58.27% 60.13% 43.07% $1.92M
rETH 200.00 700.00 69.25% 83.33% 23.74% $1.26M

Top Movers

  • USDC’s borrow balance increased WoW by 20% from $9M to $10M.
  • DAI’s borrow balance decreased WoW by -43% from $2M to $1M.
  • USDC’s supply balance increased WoW by 21% from $11M to $13M.
  • DAI’s supply balance decreased WoW by -39% from $2M to $1M.
  • wstETH’s utilization increased WoW by 10% from 39% to 42%.
  • rETH’s utilization decreased WoW by -36% from 28% to 18%.

Liquidations

There are no liquidations to report in the past week.

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 27.35% 19.26M 32.04% $55.17K
FRAX 5.25M 61.18% 3.02M 106.38% $1.67M
USDC 2.40M 65.02% 1.92M 81.40% $331.38M
xcUSDT 1.30M 59.84% 932.79K 83.39% $4.06K
xcDOT 850.00K 60.97% 829.02K 62.51% $88.44K
xcUSDC 400.00K 94.43% 485.83K 77.75% $331.38M
WETH 500.00 3.07% 260.87 5.88% $72.48M
WBTC 50.00 0.12% 131.00 0.05% $60.05M

Top Movers

  • WGLMR’s borrow balance increased WoW by 23% from $3M to $4M.
  • WGLMR’s supply balance increased WoW by 23% from $10M to $12M.
  • WETH’s utilization increased WoW by 12% from 6% to 7%.
  • WBTC’s utilization decreased WoW by -52% from 0% to 0%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mDOT 456.90 $4.91K
mGLMR 2.40K $1.45K
mFRAX 875.24 $873.38
mUSDC.wh 16.21 $16.21

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 81.97% 463.33K 88.46% $1.67M
WMOVR 40.00K 40.97% 149.13K 10.99% $1.72M

Top Movers

  • xcKSM’s borrow balance increased WoW by 7% from $419K to $448K.
  • WMOVR’s borrow balance decreased WoW by -29% from $451K to $321K.
  • WMOVR’s supply balance increased WoW by 8% from $3M to $4M.
  • FRAX’s supply balance decreased WoW by -26% from $555K to $408K.
  • FRAX’s utilization increased WoW by 11% from 80% to 89%.
  • WMOVR’s utilization decreased WoW by -34% from 13% to 9%.
  • No Asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mFRAX 20.49K $20.43K
mMOVR 47.54 $1.10K
mUSDC 10.69 $10.69

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.

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