[Gauntlet] Base, Moonbeam, Moonriver Weekly Market Update - (2024-02-23 through 2024-02-29)

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 10.00M 15.00M 70.12% 58.91% 79.35% $5.62M
USDbC 4.00M 5.00M 13.12% 18.07% 58.11% $5.91M
DAI 3.90M 4.50M 61.12% 66.14% 80.08% $479.97K
WETH 8.00K 10.50K 72.63% 73.62% 75.16% $3.61M
cbETH 1.80K 6.00K 49.62% 62.56% 23.79% $2.12M
wstETH 700.00 1.60K 70.39% 71.37% 43.15% $2.09M
rETH 200.00 600.00 52.16% 90.30% 19.26% $1.52M

Top Movers

  • USDbC’s borrow balance increased WoW by 190% from $382K to $1M.
  • DAI’s borrow balance decreased WoW by -23% from $3M to $2M.
  • USDbC’s supply balance increased WoW by 230% from $551K to $2M.
  • DAI’s supply balance decreased WoW by -23% from $4M to $3M.
  • rETH’s utilization increased WoW by 6% from 18% to 19%.
  • USDbC’s utilization decreased WoW by -12% from 69% to 61%.

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 27.74% 19.43M 32.21% $61.74K
FRAX 5.25M 61.15% 3.02M 106.37% $4.03M
USDC.wh 2.40M 63.86% 1.90M 80.56% $330.84M
xcUSDT 1.30M 53.50% 859.56K 80.92% $7.39K
xcDOT 850.00K 60.27% 806.24K 63.54% $74.57K
xcUSDC 400.00K 72.68% 362.02K 80.30% $330.84M
WETH.wh 500.00 3.90% 269.20 7.25% $75.00M
WBTC.wh 50.00 0.24% 130.53 0.09% $34.89M

Top Movers

  • xcUSDC’s borrow balance increased WoW by 19% from $260K to $308K.
  • xcUSDT’s borrow balance decreased WoW by -4% from $739K to $709K.
  • WBTC.wh’s supply balance increased WoW by 20% from $7M to $8M.
  • WETH.wh’s utilization increased WoW by 3% from 7% to 7%.
  • WBTC.wh’s utilization decreased WoW by -19% from 0% to 0%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mUSDC.wh 3.04K $3.04K
mGLMR 289.37 $132.21

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 420.00K 97.58% 536.27K 76.42% $4.03M
WMOVR 40.00K 30.44% 156.27K 7.79% $1.62M

Top Movers

  • xcKSM’s borrow balance increased WoW by 6% from $367K to $388K.
  • xcKSM’s supply balance increased WoW by 7% from $2M to $2M.
  • FRAX’s supply balance decreased WoW by -3% from $543K to $528K.
  • FRAX’s utilization increased WoW by 8% from 73% to 79%.
  • WMOVR’s utilization decreased WoW by -2% from 8% to 8%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 57.37 $1.23K

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.

1 Like