# \[Gauntlet\] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-15 through 2024-03-21) **URL:** \ **Category:** Updates\ **Created:** [March 22, 2024, 11:06pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-15-through-2024-03-21/818 "2024-03-22T23:06:53Z")\ **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 22, 2024, 11:06pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-15-through-2024-03-21/818/1 "2024-03-22T23:06:53Z")
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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/c4fc34a1fd0b153dd354dc3496bebc6fb2f5deb1.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/ef8ee07fb166d0fff7110f2203b76d57d7f3fcb2.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/4/4421120ad0d19e472a800467ae0fb83e0b89c790.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/f/f529e634ed0b7cf3ae987fdb7c462b6b499bd689.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/2/2b23ddaa01a2f9e74635a90a30e8c868989085cc.png) ## Supply Cap Usage Trend This graph shows the supply cap usage (supply / supply cap) of all assets over the time frame in question. ![Screenshot 2024-03-22 at 5.47.49 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5e717e473db558e2e6f937103af5a3fee9870a02.png) ## Borrow Cap Usage Trend This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question. ![Screenshot 2024-03-22 at 5.47.25 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/2/29dd9dfc3bf1a3e5cd9e8a121660892c7feda102.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) | | --- | --- | --- | --- | --- | --- | | 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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/a2a6736a315d2f49331ad0b92c1fe1e587f1ff39.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/561151684ba3deaaae3db69f5110468eee877e38.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). ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/7b76500374007f2aa2bf1a30d37ccd3da08ca14a.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). ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/8ee2fa01b571abb88764dd5266a409fe4e21a5fb.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/d274ac84382db2f6bf1882d8f2b7c3a8bc420bb6.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** | **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 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/bd3fe3352242ac2e71d091158f70c7e642d331dd.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/f/fe6d1bf57faa25f9762fd512d1d96f743e02d616.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). ![Screenshot 2024-03-22 at 5.50.05 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/4/453b01a5a39af9fb171c551989c2894e5197646a.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). ![Screenshot 2024-03-22 at 5.49.46 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/a2c3f9178f41f208f3335cc04cc85e0258915e58.png) ## Utilization Trend This graph shows the utilization (borrow / supply) of all assets over the time frame in question. ![Screenshot 2024-03-22 at 5.54.56 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/4/4b31b417a56985b08ca210b903538d56eca86d00.png) ## Borrow Cap Usage Trend This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question. ![Screenshot 2024-03-22 at 5.57.17 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/304ca9a255b64acdf6c2d21e8060ff9b4bc5eb61.png)