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

**URL:** <https://forum.moonwell.fi/t/gauntlet-base-optimism-moonbeam-moonriver-weekly-market-update-2024-09-09-through-2024-09-15/1228>\
**Category:** Updates\
**Tags:** moonriver, moonbeam, base, gauntlet\
**Created:** [September 17, 2024, 2:54am UTC](https://forum.moonwell.fi/t/gauntlet-base-optimism-moonbeam-moonriver-weekly-market-update-2024-09-09-through-2024-09-15/1228 "2024-09-17T02:54:30Z")\
**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:** [September 17, 2024, 2:54am UTC](https://forum.moonwell.fi/t/gauntlet-base-optimism-moonbeam-moonriver-weekly-market-update-2024-09-09-through-2024-09-15/1228/1 "2024-09-17T02:54:30Z")

</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 | 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

 ![Screenshot 2024-09-16 at 8.41.17 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/ae56e663dd1d3a8b1b4fad54a6be917bb987f446.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/3674ce79950a9629b185c5aae6cf2313df7eb6ab.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).

 ![Screenshot 2024-09-16 at 8.53.16 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/c1a1f941b351ca77e549c8961b4a6b1638977b21.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).

 ![Screenshot 2024-09-16 at 8.52.55 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/cdeafb563e7a9a215fc6dd560536a2e63b7f7d99.png)

## Utilization Trend

This graph shows the utilization (borrow / supply) of all assets over the time frame in question.

 ![Screenshot 2024-09-16 at 8.46.45 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/816d18707d68e17e3d4febb201a34de8836096bb.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/e/e3bdb58f55e0604d3a6f8c443d1a6a00dae03769.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/6/64e4103744f8fd2e90916b0b4b0683a449b33bbd.png)

# 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

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/f/f4e54266049c6b2feb80a50e894c1fbf34232114.png)

To see updated statistics, please see the live version of this graph [here](https://risk.gauntlet.network/protocols/moonwell/markets/optimism?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/optimism?fullscreen=market_health_timeseries_asset_supply).

 ![Supply](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/f/ff2829ed0807bc040140bca8b92190b51934730f.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/optimism?fullscreen=market_health_timeseries_asset_borrows).

 ![Borrows](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/7190168198c1c49cf7f0d25f2634df9726b1e8e4.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/cebbc5ca7ef4a02c828ff29fe0024e555267f837.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/b/be5cbddb8b04523c5ebb33065aadf9d52197e9b4.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 | 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

 ![Screenshot 2024-09-16 at 8.42.16 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/3642e50548cec50f3d29aa4d1e7a9411f924f0df.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/1/1b2c67aaafe54a98bea5b068680d27b914f2bfd9.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/f/f361aa81f7a2298b09ceefe5b0bd4ae3b6955d74.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/b/b4afae1c34ce295051c5d882dd9e1d6ef05a8e1b.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/b/b6d68e98e168f7c59e8793b7c3d8de4d47ff98a6.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/f/f53f1d553e309a6ec4297199d3bf0034f3b3e10c.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** | **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

 ![Screenshot 2024-09-16 at 8.43.54 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5288656366d1f758835e28bbbc7f0c75af53b812.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/7e2f56722941c751d81b4ceba82d3e9dcc1a064d.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/f/fb1da05e4130ce31dfbd07234d1e3ccf141c1ba7.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/0/06de54f96e3b767b7d6c8d6496c445d5baa2aa37.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/5/5f7515f0188900788ecfd7a1071360f42d05f613.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/f/fdc948694547c95c46e496076180d4e4d9fac685.png)
