[Gauntlet] Base/Optimism/Moonbeam/Moonriver Weekly Market Update - (2024-09-23 through 2024-09-29)

Gauntlet would like to provide the community with an update on all the markets over the previous week. Gauntlet is continuing to monitor this market.

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 26.53% 37.99% 64.25% $2.11M
AERO 25.00M 35.00M 51.94% 73.80% 50.27% $2.67M
EURC 3.90M 4.20M 57.79% 67.28% 79.77% $1.76M
DAI 1.50M 2.00M 23.05% 23.97% 72.12% $188.47K
USDbC 200.00K 250.00K 55.25% 65.74% 67.23% $1.94M
WETH 40.00K 60.00K 48.70% 44.21% 73.43% $2.11M
cbETH 3.20K 8.00K 34.68% 65.20% 21.28% $1.19M
wstETH 2.40K 6.30K 43.46% 71.28% 23.23% $1.94M
rETH 450.00 1.20K 64.80% 87.67% 27.72% $1.38M
weETH 350.00 900.00 11.58% 25.36% 17.76% $1.37M
cbBTC 80.00 280.00 20.18% 60.48% 9.54% $1.82M

Top Movers

  • cbBTC’s borrow balance decreased WoW by 17% from $858K to $708K.
  • DAI’s supply balance decreased WoW by 5% from $488K to $462K.
  • rETH’s utilization increased WoW by 35% from 22% to 30%.
  • cbBTC’s utilization decreased WoW by 35% from 9% to 6%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mUSDC 383.55K $383.55K
mAERO 95.71K $113.52K
mcbBTC 0.23 $15.33K
mWETH 0.10 $251.15
mcbETH 0.00 $1.88
mwstETH 0.00 $0.58

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 14.56% 3.16M 84.78% $649.48M
USDC 17.00M 40.29% 8.13M 84.29% $58.57M
VELO 4.50M 2.54% 9.00M 1.27% $115.20K
DAI 2.00M 66.71% 1.50M 89.23% $2.85M
OP 650.00K 25.97% 651.19K 25.92% $3.68M
WETH 2.70K 75.44% 3.06K 66.66% $16.39M
wstETH 750.00 17.28% 565.37 22.92% $1.92M
rETH 350.00 27.93% 288.70 33.86% $59.85K
weETH 85.00 31.55% 95.39 28.11% $397.02K
WBTC 10.00 31.58% 25.00 12.63% $3.13M

Top Movers

  • OP’s borrow balance increased WoW by 40% from $230K to $321K.
  • VELO’s borrow balance decreased WoW by 75% from $22K to $5K.
  • VELO’s supply balance increased WoW by 39% from $751K to $1M.
  • cbETH’s supply balance decreased WoW by 25% from $9K to $7K.
  • cbETH’s utilization increased WoW by 36%.
  • VELO’s utilization decreased WoW by 82% from 3% to 1%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mOP 556.13 $1.04K
mDAI 0.39 $0.39

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 67.04% 18.45M 36.33% $35.27K
USDC.wh 800.00K 65.92% 822.64K 64.11% $58.57M
xcUSDT 400.00K 98.48% 820.44K 48.01% $8.41K
xcUSDC 230.00K 71.50% 248.92K 66.06% $58.57M
xcDOT 120.00K 91.84% 818.76K 13.46% $32.09K
FRAX 100.00K 30.99% 181.34K 17.09% $302.16K
WETH.wh 40.00 52.35% 238.74 8.77% $16.39M
WBTC.wh 1.00 70.74% 160.88 0.44% $3.13M

Top Movers

  • WBTC.wh’s borrow balance increased WoW by 71% from $32K to $54K.
  • xcUSDC’s borrow balance decreased WoW by 13% from $173K to $151K.
  • xcUSDT’s supply balance increased WoW by 32% from $662K to $876K.
  • xcUSDC’s supply balance decreased WoW by 12% from $258K to $228K.
  • WBTC.wh’s utilization increased WoW by 66% from 0% to 1%.
  • xcUSDT’s utilization decreased WoW by 19% from 56% to 46%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mxcUSDT 9.77K $9.77K
mGLMR 556.75 $99.45

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 69.61% 105.75K 82.28% $302.16K
WMOVR 4.00K 75.76% 118.95K 2.55% $59.16K

Top Movers

  • WMOVR’s borrow balance increased WoW by 12% from $31K to $34K.
  • WMOVR’s supply balance increased WoW by 11%.
  • FRAX’s supply balance decreased WoW by 1% from $106K to $105K.
  • FRAX’s utilization increased WoW by 2% from 82% to 83%.

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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