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

**URL:** <https://forum.moonwell.fi/t/gauntlet-base-moonbeam-optimism-weekly-market-update-2024-08-05-through-2024-08-11/1169>\
**Category:** Updates\
**Tags:** moonriver, moonbeam, base\
**Created:** [August 12, 2024, 7:28pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-optimism-weekly-market-update-2024-08-05-through-2024-08-11/1169 "2024-08-12T19:28:20Z")\
**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 12, 2024, 7:28pm UTC](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-optimism-weekly-market-update-2024-08-05-through-2024-08-11/1169/1 "2024-08-12T19:28:20Z")

</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 | 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

 ![Screenshot 2024-08-13 at 12.11.29 AM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/708d77c8a54a33ecacd5e6e78c780113c11a1d70.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/06d48c94fb86680d8c2f0d38e0954e031535a36d.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/f/fc91cc7e30c00f151a96553bf77dff154e52457c.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/8/896797a2c5d9bbebf8c641b639dc634741824a47.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/c/cb1a7ed56d4dc5d3cd8d3687bc9cbfcf428e60a6.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/0/0881d2673206c1eabf34923e54cf13b8b27952cd.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/2/2933e43f73b1861501e3c122afc8f41db07cda8e.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 | 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

 ![Screenshot 2024-08-13 at 12.57.06 AM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/6fc6ce90ae979dbc11dac2c4784cdef14b9c8d06.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/1/109024a9138b920a1a3224d68f49fbb9984563c6.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/1/1ff09a61389c3ebd8b2c77ddb4d53cb4cbc102e5.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/5/55273ddbf62ce915b30da53538d0be7f68dd697a.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/8/83553eb9dc73f616490820dac342af419cb4ea84.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/8/83244ca66a4806d55424a4115033765aa28dea37.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** | **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

 ![Screenshot 2024-08-13 at 12.58.08 AM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/650e216ab4886c5fb34aff2ccce142b21e98652e.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/ab2f29c441b077ebca6d16cef7c001fa8c2b9712.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/a/a716607e38a24331d5c8bb22c01b36d783f9ec03.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/0/0b0884f5f96ff7dc0ab2661f46c8db1c3fc4c70d.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/0/02f605d483b02a10e510f99c28c20fe3ba1008a5.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/de85ddc552fe68f41dbc5a716ce38e5abea1b814.png)
