[Gauntlet] Base/Optimism/Moonbeam/Moonriver Weekly Market Update - (2024-09-09 through 2024-09-15)

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 18.62% 33.43% 51.25% $1.63M
AERO 18.50M 28.50M 63.66% 74.27% 55.64% $1.67M
DAI 1.50M 2.00M 26.60% 29.46% 67.70% $221.96K
USDbC 200.00K 250.00K 52.81% 62.05% 68.08% $2.27M
WETH 40.00K 60.00K 46.77% 38.94% 80.07% $1.57M
cbETH 3.20K 8.00K 25.85% 55.74% 18.55% $1.36M
wstETH 2.40K 6.30K 33.08% 57.82% 21.79% $1.44M
rETH 450.00 1.20K 42.56% 78.61% 20.31% $1.47M
weETH 350.00 900.00 7.86% 14.39% 21.25% $1.13M

Top Movers

  • weETH’s borrow balance increased WoW by 43% from $57K to $82K.
  • DAI’s borrow balance decreased WoW by 21% from $471K to $370K.
  • weETH’s supply balance increased WoW by 215% from $162K to $509K.
  • DAI’s supply balance decreased WoW by 35% from $806K to $524K.
  • wstETH’s utilization increased WoW by 41% from 15% to 21%.
  • weETH’s utilization decreased WoW by 55% from 35% to 16%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWETH 0.89 $2.09K
mAERO 3.21K $2.07K
mUSDC 850.43 $850.39
mwstETH 0.00 $4.51
mcbETH 0.00 $2.14

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 7.71% 1.79M 79.35% $2.31B
USDC 17.00M 23.18% 5.32M 74.12% $332.76M
VELO 4.50M 8.54% 6.55M 5.87% $239.05K
DAI 2.00M 35.03% 820.88K 85.34% $10.64M
OP 650.00K 16.77% 527.04K 20.68% $8.50M
WETH 2.70K 54.60% 2.29K 64.44% $31.47M
wstETH 750.00 14.17% 766.23 13.87% $1.56M
rETH 350.00 26.72% 229.25 40.80% $112.67K
weETH 85.00 25.61% 69.72 31.22% $936.33K
WBTC 10.00 29.32% 24.49 11.97% $12.42M

Top Movers

  • DAI’s borrow balance increased WoW by 74% from $546K to $950K.
  • OP’s borrow balance decreased WoW by 2% from $184K to $181K.
  • USDT’s supply balance increased WoW by 62% from $1M to $2M.
  • cbETH’s supply balance decreased WoW by 7% from $29K to $27K.
  • wstETH’s utilization increased WoW by 27% from 12% to 16%.
  • VELO’s utilization decreased WoW by 15% from 7% to 6%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mwstETH 0.06 $152.97

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 65.47% 18.92M 34.61% $28.12K
USDC.wh 800.00K 66.82% 819.61K 65.22% $332.76M
xcUSDT 400.00K 99.91% 783.12K 51.03% $8.68K
xcUSDC 230.00K 73.37% 261.69K 64.48% $332.76M
xcDOT 120.00K 80.04% 839.92K 11.44% $32.82K
FRAX 100.00K 31.00% 182.29K 17.01% $319.32K
WETH.wh 40.00 69.07% 242.58 11.39% $31.47M
WBTC.wh 1.00 88.79% 160.79 0.55% $12.42M

Top Movers

  • xcDOT’s borrow balance increased WoW by 12% from $380K to $425K.
  • WBTC.wh’s borrow balance decreased WoW by 16% from $55K to $46K.
  • WBTC.wh’s supply balance increased WoW by 8% from $9M to $10M.
  • WETH.wh’s supply balance decreased WoW by 5% from $575K to $546K.
  • xcUSDC’s utilization increased WoW by 8% from 66% to 72%.
  • WBTC.wh’s utilization decreased WoW by 22% from 1% to 0%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mDOT 158.83 $669.31
mGLMR 1.77K $283.08
mFRAX 3.92 $3.91

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 69.88% 105.17K 83.06% $319.32K
WMOVR 4.00K 75.13% 119.01K 2.53% $1.10M

Top Movers

  • xcKSM’s borrow balance increased WoW by 11% from $98K to $110K.
  • xcKSM’s supply balance increased WoW by 11% from $432K to $481K.
  • WMOVR’s utilization increased WoW by 2% from 2% to 3%.

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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