[Gauntlet] Base/Optimism/Moonbeam/Moonriver Weekly Market Update - (2024-08-26 through 2024-09-01)

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 25.19% 35.17% 65.91% $1.65M
AERO 14.85M 24.20M 83.01% 87.28% 58.36% $1.69M
DAI 1.50M 2.00M 28.99% 47.19% 46.07% $269.05K
USDbC 200.00K 250.00K 56.20% 90.06% 49.92% $2.22M
WETH 40.00K 60.00K 48.76% 45.05% 72.16% $1.61M
cbETH 3.20K 8.00K 21.91% 55.39% 15.82% $1.36M
wstETH 2.40K 6.30K 29.95% 60.04% 19.00% $1.54M
rETH 450.00 1.20K 34.49% 75.20% 17.20% $1.52M
weETH 350.00 900.00 0.10% 0.81% 4.75% $1.52M

Top Movers

  • weETH’s borrow balance increased WoW by 91% from $494 to $944.
  • AERO’s borrow balance decreased WoW by 16% from $8M to $7M.
  • wstETH’s supply balance decreased WoW by 29% from $13M to $9M.
  • wstETH’s utilization increased WoW by 28% from 17% to 22%.
  • weETH’s utilization decreased WoW by 84% from 24% to 4%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mAERO 119.67K $69.83K
mwstETH 0.27 $806.55
mWETH 0.17 $429.11
mDAI 1.50 $1.50
mUSDC 0.92 $0.92

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.

Optimism

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)
USDT 18.40M 2.46% 627.17K 72.07% $1.76B
USDC 17.00M 16.32% 3.83M 72.43% $331.28M
VELO 4.50M 1.09% 2.44M 2.01% $308.60K
DAI 2.00M 23.81% 649.54K 73.31% $11.68M
OP 650.00K 9.99% 587.50K 11.06% $7.68M
WETH 2.70K 29.70% 1.74K 46.02% $27.93M
wstETH 750.00 15.34% 466.70 24.64% $2.52M
rETH 350.00 23.24% 242.28 33.58% $506.86K
weETH 85.00 0.00% 0.14 0.00% $848.89K
WBTC 10.00 68.56% 25.00 27.42% $11.97M

Top Movers

  • VELO’s borrow balance increased WoW by 366% from $2K to $8K.
  • OP’s borrow balance decreased WoW by 18% from $105K to $86K.
  • cbETH’s supply balance decreased WoW by 12% from $118K to $105K.
  • wstETH’s utilization increased WoW by 41% from 19% to 27%.
  • weETH’s utilization decreased WoW by 95%.
  • No asset has supply or borrow cap usage above 75%.

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.

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 65.45% 19.76M 33.12% $13.29K
USDC.wh 800.00K 70.85% 798.65K 70.97% $331.28M
xcUSDT 400.00K 98.98% 760.92K 52.03% $3.96K
xcUSDC 230.00K 77.68% 268.27K 66.60% $331.28M
xcDOT 120.00K 80.77% 859.06K 11.28% $16.62K
FRAX 100.00K 31.17% 182.10K 17.12% $1.63M
WETH.wh 40.00 76.00% 235.31 12.92% $27.93M
WBTC.wh 1.00 65.73% 160.83 0.41% $11.97M

Top Movers

  • WBTC.wh’s borrow balance increased WoW by 12% from $45K to $50K.
  • WGLMR’s borrow balance decreased WoW by 15%.
  • USDC.wh’s supply balance increased WoW by 2% from $796K to $814K.
  • xcDOT’s supply balance decreased WoW by 16%.
  • WBTC.wh’s utilization increased WoW by 26% from 0% to 1%.
  • USDC.wh’s utilization decreased WoW by 5% from 73% to 69%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 20.59K $3.37K

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 125.00K 71.37% 107.35K 83.10% $1.63M
WMOVR 4.00K 68.28% 113.37K 2.41% $572.57K

Top Movers

  • WMOVR’s borrow balance decreased WoW by 27% from $32K to $24K.
  • xcKSM’s supply balance decreased WoW by 21% from $501K to $398K.
  • FRAX’s utilization increased WoW by 4% from 82% to 85%.
  • WMOVR’s utilization decreased WoW by 9% from 3% to 2%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 57.76 $552.96

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