[Gauntlet] Base/Moonbeam/Moonriver Weekly Market Update - (2024-04-12 through 2024-04-18)

Gauntlet would like to provide the community with an update on all markets over the previous week. Gauntlet is continuing to monitor this market.

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
cbETH 2,100.0 7,200.0 73.83% 77.43% 27.81%
wstETH 1,250.0 4,000.0 51.16% 79.32% 20.16%
WETH 20,000.0 28,000.0 67.21% 72.94% 65.81%
USDC 36,400,000.0 40,000,000.0 69.55% 73.43% 86.19%
DAI 1,500,000.0 2,000,000.0 55.66% 56.43% 73.97%
USDbC 4,000,000.0 5,000,000.0 8.51% 9.82% 69.29%
rETH 200.0 700.0 73.34% 99.80% 21.00%

Top Movers

  • DAI’s borrow balance increased WoW by 25% from $730K to $913K.
  • rETH’s borrow balance decreased WoW by 12% from $567K to $497K.
  • DAI’s supply balance increased WoW by 18% from $1M to $1.18M.
  • cbETH’s supply balance decreased WoW by 13% from $21M to $18M.
  • cbETH’s utilization increased WoW by 6% from 27% to 28%.
  • USDC’s utilization decreased WoW by 6% from 87% to 82%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWETH 13.09 $42.69K
mwstETH 5.32 $19.77K
mUSDC 266.13 $266.10

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% Depth (USD)
WGLMR 22.55M 28.43% 28.71M 22.33% $36.86K
FRAX 5.25M 2.20% 2.34M 4.94% $2.96M
USDC.wh 2.40M 46.67% 1.69M 66.30% $350.39M
xcDOT 850.00K 20.16% 1.44M 11.92% $20.35K
xcUSDT 800.00K 99.25% 1.17M 67.65% $3.13K
xcUSDC 560.00K 80.22% 894.89K 50.20% $350.39M
WETH.wh 500.00 14.56% 334.75 21.75% $107.92M
WBTC.wh 50.00 0.34% 130.66 0.13% $683.47M

Top Movers

  • xcUSDC’s borrow balance increased WoW by 68% from $321K to $541K.
  • FRAX’s borrow balance decreased WoW by 67% from $186K to $62K.
  • xcUSDC’s supply balance increased WoW by 21% from $846K to $1M.
  • FRAX’s supply balance decreased WoW by 57% from $3M to $1M.
  • xcUSDC’s utilization increased WoW by 39% from 38% to 53%.
  • xcDOT’s utilization decreased WoW by 29% from 15% to 11%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 375.51K $133.44K
mDOT 6.66K $46.85K
mxcUSDC 9.24K $9.24K
mWBTC.wh 0.01 $824.13
mxcUSDT 437.39 $437.27
mFRAX 32.42 $32.35

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% Depth (USD)
FRAX 270.00K 54.08% 192.67K 75.79% $2.96M
WMOVR 20.00K 71.04% 153.85K 9.23% $962.72K

Top Movers

  • WMOVR’s borrow balance decreased WoW by 37% from $261K to $164K.
  • xcKSM’s supply balance decreased WoW by 33% from $1M to $967K.
  • xcKSM’s utilization increased WoW by 6% from 29% to 30%.
  • WMOVR’s utilization decreased WoW by 12% from 10% to 8%.
  • No Asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 916.43 $13.89K
mFRAX 10.90K $10.89K
mxcKSM 282.24 $9.79K

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.

Notice - Change in Schedule

Gauntlet is planning to change the schedule of weekly updates on the forums going forward. We will be posting these updates every Monday of the week, capturing all the changes over the past 7 days instead of posting it at the end of the week (Friday).

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