[Gauntlet] Base/Moonbeam/Optimism Weekly Market Update - (2024-08-05 through 2024-08-11)

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 21.21% 33.59% 58.09% $1.30M
AERO 13.50M 22.00M 72.77% 81.63% 54.70% $906.30K
DAI 1.50M 2.00M 26.01% 48.20% 40.48% $161.96K
USDbC 200.00K 250.00K 41.51% 53.38% 62.22% $1.74M
WETH 40.00K 60.00K 53.86% 46.85% 76.64% $1.28M
cbETH 3.20K 8.00K 14.99% 57.34% 10.45% $664.07K
wstETH 2.40K 6.30K 15.82% 63.43% 9.50% $598.41K
rETH 450.00 1.20K 37.00% 80.76% 17.18% $581.88K

Top Movers

  • wstETH’s borrow balance increased WoW by 76% from $980K to $2M.
  • USDC’s borrow balance decreased WoW by 28% from $26M to $19M.
  • wstETH’s supply balance increased WoW by 5% from $12M to $13M.
  • DAI’s supply balance decreased WoW by 24% from $1M to $957K.
  • wstETH’s utilization increased WoW by 67% from 8% to 13%.
  • USDC’s utilization decreased WoW by 24% from 75% to 57%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWETH 1.35K $3.12M
mwstETH 183.63 $492.27K
mcbETH 78.78 $206.54K
mUSDC 47.77K $47.77K
mAERO 71.64K $42.11K
mrETH 15.94 $41.66K
mDAI 430.43 $430.50

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 10.00M 67.19% 21.46M 31.31% $27.74K
USDC.wh 1.20M 50.20% 942.01K 63.95% $222.38M
xcUSDT 400.00K 93.08% 906.98K 41.05% $2.29K
xcUSDC 230.00K 88.59% 443.94K 45.90% $222.38M
FRAX 150.00K 20.86% 778.50K 4.02% $1.89M
xcDOT 150.00K 79.34% 1.09M 10.93% $24.69K
WETH.wh 50.00 39.21% 315.42 6.22% $81.04M
WBTC.wh 1.00 70.64% 215.81 0.33% $61.18M

Top Movers

  • WETH.wh’s borrow balance increased WoW by 21% from $55K to $66K.
  • FRAX’s borrow balance decreased WoW by 49% from $61K to $31K.
  • FRAX’s supply balance decreased WoW by 84% from $1M to $190K.
  • FRAX’s utilization increased WoW by 230% from 5% to 16%.
  • xcUSDT’s utilization decreased WoW by 17% from 52% to 43%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mDOT 24.41K $96.60K
mGLMR 385.72K $54.49K
mETH.wh 1.99 $4.73K
mUSDC.wh 1.64K $1.64K
mWBTC.wh 0.02 $1.16K
mFRAX 485.19 $483.67
mxcUSDC 184.06 $184.05

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 200.00K 44.80% 115.18K 77.80% $1.89M
WMOVR 17.00K 40.37% 129.70K 5.29% $692.78K

Top Movers

  • WMOVR’s borrow balance decreased WoW by 62% from $105K to $40K.
  • WMOVR’s supply balance decreased WoW by 22% from $1M to $952K.
  • FRAX’s utilization increased WoW by 3% from 79% to 81%.
  • WMOVR’s utilization decreased WoW by 51% from 9% to 4%.
  • No Asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 399.93 $2.86K
mxcKSM 136.41 $2.07K
mFRAX 1.22K $1.21K

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.

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