# \[Gauntlet\] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-08 through 2024-03-14) **URL:** \ **Category:** Updates\ **Created:** [March 15, 2024, 10:50pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-08-through-2024-03-14/815 "2024-03-15T22:50:31Z")\ **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:** [March 15, 2024, 10:50pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-08-through-2024-03-14/815/1 "2024-03-15T22:50:32Z")
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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/ec98a5459c57fabce4b27ca0173d204bb5b50e7f.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/8dd73c60a73fde1fb76661e2ec3977017827cc6c.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/9/933a9d8c6a57aa39b8cb423bedd1c576715801b4.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/1/1f413d1aa980f64bbb610bdc89f1b0d40b555932.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/f/f9fac060a48e81e695e4d6fcd8b9f3ab8033de13.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/6/678455f348f6d37192ceb0ae717f2e2a6d0f3dc0.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/3/3358e9f83b4efd385f6f2520bf1c5e36f2b9cc6f.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 | 27.35% | 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/ae58ca970de2ebe3ca53b1896e27163f644634e0.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/8fd1b52211c237f3f2d90cd5421e98f81a475476.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/8/8d9221787e22044a25162205cd56399922a036da.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/e/e9a1c0997d5ec2e99f07f9a65a1a3eb9db02b0b0.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/f/fb834e6f28cc31b00f8c91382dfed00a35da7435.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/0/0f7ba769bbf26c26577aba343fa1b92c1d533b73.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** | **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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/2/2911f00b82a5a986865be35eac6219403d74555f.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/0a799d07a9067cfc3fe0ad4f467c8f643f02f99f.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/6/6c3525d0213f9b678de25c787dbc560defb0498c.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/3/32d4dc30842856f48d912de223b8d6ab0007885d.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/6/6bdef23d159602f9ec4a4f5158ba68db69fb11b2.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/d/d054f7cad9f36d0a77a83dd810fdee8bde5716cc.png)