[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-15 through 2024-03-21)

Gauntlet would like to provide the community with an update on all the 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 58.48% 66.77% 79.70% $8.28M
USDbC 4.00M 5.00M 50.41% 63.58% 63.43% $7.08M
DAI 1.50M 2.00M 97.76% 97.63% 75.10% $335.44K
WETH 10.50K 12.50K 67.83% 76.67% 74.32% $4.00M
cbETH 1.80K 6.00K 41.83% 61.15% 20.52% $3.02M
wstETH 800.00 1.80K 63.03% 67.81% 41.31% $2.12M
rETH 200.00 700.00 51.25% 78.55% 18.64% $2.21M

Top Movers

  • rETH’s utilization increased WoW by 14% from 18% to 20%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mwstETH 0.33 $1.23K
mWETH 0.30 $1.01K

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)
GLMR 22.55M 27.04% 19.61M 31.10% $66.11K
FRAX 5.25M 61.18% 3.02M 106.39% $5.07M
USDC.wh 2.40M 63.10% 1.84M 82.30% $357.04M
DOT 850.00K 61.18% 884.75K 58.77% $76.12K
xcUSDT 800.00K 99.45% 1.00M 79.44% $3.64K
xcUSDC 400.00K 99.84% 563.11K 70.92% $357.04M
ETH.wh 500.00 4.40% 277.18 7.94% $84.93M
WBTC.wh 50.00 0.09% 131.11 0.04% $54.29M

Top Movers

  • xcUSDC’s borrow balance increased WoW by 2% from $394K to $400K.
  • xcUSDC’s supply balance increased WoW by 16% from $540K to $628K.
  • ETH.wh’s utilization increased WoW by 21% from 7% to 8%.
  • xcUSDC’s utilization decreased WoW by 12% from 73% to 64%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 28.35K $16.34K
mDOT 419.04 $4.09K
mxcUSDT 127.04 $126.89
mFRAX 55.72 $55.65

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.

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 69.36% 397.61K 87.22% $5.07M
MOVR 40.00K 28.90% 150.36K 7.69% $1.58M

Top Movers

  • MOVR’s utilization decreased WoW by 16% from 9% to 7%.
  • No Asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 281.62 $6.02K
mxcKSM 1.11 $53.38

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.

Screenshot 2024-03-22 at 5.50.05 PM

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.

Screenshot 2024-03-22 at 5.49.46 PM

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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