# \[Gauntlet\] Base/Moonbeam/Moonriver Weekly Market Update - (2024-07-29 through 2024-08-04)

**URL:** <https://forum.moonwell.fi/t/gauntlet-base-moonbeam-moonriver-weekly-market-update-2024-07-29-through-2024-08-04/1161>\
**Category:** Updates\
**Tags:** moonriver, moonbeam, base, gauntlet\
**Created:** [August 6, 2024, 2:22am UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-moonriver-weekly-market-update-2024-07-29-through-2024-08-04/1161 "2024-08-06T02:22:45Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**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:** [August 6, 2024, 2:22am UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-moonriver-weekly-market-update-2024-07-29-through-2024-08-04/1161/1 "2024-08-06T02:22:45Z")

</div>

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 | 92.00M | 100.00M | 28.71% | 39.95% | 66.12% | $2.12M |
| **AERO** | **13.50M** | **22.00M** | **83.12%** | **84.08%** | **60.67%** | **$2.17M** |
| DAI | 1.50M | 2.00M | 34.90% | 62.47% | 41.89% | $308.27K |
| USDbC | 200.00K | 250.00K | 60.56% | 68.75% | 70.47% | $3.14M |
| WETH | 40.00K | 60.00K | 54.37% | 47.06% | 77.02% | $1.95M |
| cbETH | 3.20K | 8.00K | 12.59% | 55.67% | 9.05% | $1.66M |
| wstETH | 2.40K | 6.30K | 12.98% | 63.08% | 7.84% | $1.65M |
| **rETH** | **350.00** | **1.00K** | **49.43%** | **99.17%** | **17.45%** | **$1.93M** |

## Top Movers

- WETH’s borrow balance decreased WoW by 24% from $75M to $57M.
- DAI’s supply balance increased WoW by 2%.
- wstETH’s supply balance decreased WoW by 22% from $16M to $12M.
- USDC’s utilization increased WoW by 24% from 60% to 75%.
- USDbC’s utilization decreased WoW by 11% from 72% to 65%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mWETH | 51.88 | $141.79K |
| mAERO | 81.85K | $62.58K |
| mwstETH | 13.25 | $43.45K |
| mcbETH | 4.00 | $11.96K |
| mUSDC | 166.47 | $166.47 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-08-05 at 9.20.29 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/1/1a17242a7d946882a321db5be68d5e295cf488f2.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/66aca244872e03c5027fc0290f038dbf6b3c8d9f.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/4/4288176073d6833bec5411c07ed76ac9dccffa43.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/a/a6f2c9ad8c44b2e8d9675ed3a29b0fe63767429e.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/7/7ab52b40327bdd4ecec6805b346d073a323b4d79.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/7/797a74b154167c1aa00749045aa0b4feb678634a.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/2/204e2a6c73b7d55cab1f95b2ce24c1eeb078a878.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% Depth (USD) |
| --- | --- | --- | --- | --- | --- |
| WGLMR | 10.00M | 73.84% | 23.61M | 31.27% | $29.07K |
| USDC.wh | 1.80M | 42.50% | 1.10M | 69.59% | $273.62M |
| FRAX | 500.00K | 12.20% | 1.23M | 4.98% | $2.46M |
| xcUSDT | 400.00K | 141.56% | 985.97K | 57.43% | $2.41K |
| xcUSDC | 230.00K | 111.68% | 522.70K | 49.14% | $273.62M |
| xcDOT | 150.00K | 77.44% | 1.15M | 10.06% | $39.10K |
| WETH.wh | 100.00 | 18.87% | 346.01 | 5.46% | $92.53M |
| WBTC.wh | 2.50 | 22.30% | 247.20 | 0.23% | $64.68M |

## Top Movers

- WBTC.wh’s borrow balance increased WoW by 37% from $28K to $39K.
- WGLMR’s borrow balance decreased WoW by 18%.
- xcUSDT’s supply balance increased WoW by 5% from $964K to $1M.
- WETH.wh’s supply balance decreased WoW by 26% from $1M to $908K.
- WBTC.wh’s utilization increased WoW by 61%.
- xcUSDT’s utilization decreased WoW by 14% from 60% to 52%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mDOT | 4.92K | $23.61K |
| mGLMR | 83.47K | $14.41K |
| mETH.wh | 0.87 | $2.54K |
| mFRAX | 8.55 | $8.52 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-08-05 at 9.21.04 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/0502bb0dabfde187b1aa375ef50e7731f57fef39.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5bb1653f31a25627c6c2bf669361a7d21a1b99ba.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/6/61d4fa8bb34a18782a2361881c76806f82fae0bd.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/3/32c8938eefebc9292825cf7933b9a199a6f25b40.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/6/6ac97f5d6b8be179bd58bee499b4697eaca07975.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/a/a9822b2a84f831514e96e030e90d37df450cb36f.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% Depth (USD) |
| --- | --- | --- | --- | --- | --- |
| **FRAX** | **200.00K** | **49.88%** | **120.33K** | **82.91%** | **$2.46M** |
| WMOVR | 17.00K | 78.31% | 157.36K | 8.46% | $709.83K |

## Top Movers

- WMOVR’s borrow balance decreased WoW by 25% from $139K to $105K.
- FRAX’s supply balance increased WoW by 5% from $114K to $120K.
- WMOVR’s supply balance decreased WoW by 26% from $2M to $1M.
- WMOVR’s utilization increased WoW by 2% from 8% to 9%.
- FRAX’s utilization decreased WoW by 11% from 89% to 79%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mMOVR | 681.57 | $5.78K |
| mxcKSM | 37.17 | $668.17 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-08-05 at 9.21.41 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/aceaf1a5d0e93043043887d47aeb1116a86a3466.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/765c966fca44ddd84ea703b576bddd64f70638a9.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/7/70acf01c33836a35a3e05e0db49fd93d972d521a.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/2/2932d69aa28af552f41cce3a0595d889246bd6d2.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/8/86af147c809e247bd3ebf52d23329305b478b090.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/5/526096bb5763549716f58c79099f57bf5871ed1f.png)
