[Gauntlet] Base/Optimism/Moonbeam/Moonriver Weekly Market Update - (2024-09-30 through 2024-10-06)

Gauntlet would like to provide the community with an update on the markets over the previous week.

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 28.88% 39.65% 67.01% $1.74M
AERO 25.00M 35.00M 53.73% 76.52% 50.15% $2.31M
EURC 8.00M 8.60M 53.92% 61.49% 81.57% $1.49M
DAI 500.00K 750.00K 67.39% 59.04% 76.10% $155.14K
USDbC 150.00K 150.00K 79.53% 105.70% 75.24% $2.33M
WETH 40.00K 60.00K 52.19% 48.49% 71.75% $1.72M
cbETH 3.20K 8.00K 38.57% 70.16% 21.99% $1.25M
wstETH 2.40K 6.30K 47.75% 77.00% 23.63% $1.72M
rETH 450.00 1.20K 73.57% 91.27% 30.23% $1.17M
weETH 350.00 900.00 12.88% 28.86% 17.36% $1.13M
cbBTC 160.00 560.00 21.23% 39.01% 15.55% $1.57M

Top Movers

  • cbBTC’s borrow balance increased WoW by 392% from $708K to $3M.
  • weETH’s borrow balance decreased WoW by 18% from $111K to $91K.
  • EURC’s supply balance increased WoW by 53% from $4M to $6M.
  • weETH’s supply balance decreased WoW by 12% from $686K to $607K.
  • cbBTC’s utilization increased WoW by 285% from 6% to 23%.
  • weETH’s utilization decreased WoW by 7% from 16% to 15%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mAERO 111.88K $134.15K
mcbBTC 0.33 $20.55K
mcbETH 3.92 $10.79K
mWETH 3.79 $8.99K
mDAI 951.32 $951.20
mUSDC 24.96 $24.96
mrETH 0.00 $3.99
mwstETH 0.00 $0.29

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 16.64% 3.49M 87.66% $770.80M
USDC 17.00M 43.73% 8.29M 89.69% $47.14M
VELO 4.50M 34.22% 9.00M 17.11% $85.86K
DAI 2.00M 74.70% 1.70M 88.00% $1.96M
OP 650.00K 26.74% 680.09K 25.56% $3.65M
WETH 4.00K 53.91% 3.36K 64.14% $10.52M
wstETH 750.00 44.24% 833.19 39.82% $756.57K
rETH 350.00 39.28% 335.54 40.97% $88.41K
weETH 85.00 41.46% 109.87 32.08% $561.47K
WBTC 4.00 16.68% 16.38 4.07% $1.63M

Top Movers

  • WBTC’s borrow balance decreased WoW by 87% from $207K to $26K.
  • wstETH’s supply balance increased WoW by 39% from $2M to $2M.
  • WBTC’s supply balance decreased WoW by 44% from $2M to $915K.
  • WBTC’s utilization decreased WoW by 77% from 13% to 3%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mOP 5.82K $10.36K
mWETH 0.80 $1.87K
mrETH 0.61 $1.61K
mUSDC 502.16 $502.16

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 67.52% 18.30M 36.89% $32.25K
USDC.wh 800.00K 65.94% 829.60K 63.59% $47.14M
xcUSDT 400.00K 99.80% 882.02K 45.26% $9.18K
xcUSDC 230.00K 65.03% 231.89K 64.51% $47.14M
xcDOT 120.00K 99.13% 775.74K 15.34% $32.88K
FRAX 60.00K 51.67% 180.72K 17.16% $1.39M
WETH.wh 30.00 90.10% 255.64 10.57% $10.52M
WBTC.wh 0.75 107.57% 160.92 0.50% $1.63M

Top Movers

  • WETH.wh’s borrow balance increased WoW by 37% from $53K to $73K.
  • WGLMR’s borrow balance decreased WoW by 15%.
  • xcUSDC’s supply balance increased WoW by 5% from $228K to $239K.
  • xcDOT’s supply balance decreased WoW by 16% from $4M to $3M.
  • WETH.wh’s utilization increased WoW by 45% from 8% to 12%.
  • xcUSDC’s utilization decreased WoW by 6% from 66% to 62%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 77.37K $13.10K
mDOT 461.16 $1.97K
mWBTC.wh 0.03 $1.90K

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 69.55% 105.38K 82.50% $1.39M
WMOVR 4.00K 75.83% 117.83K 2.57% $8.69K

Top Movers

  • WMOVR’s borrow balance decreased WoW by 14% from $34K to $30K.
  • WMOVR’s supply balance decreased WoW by 15%.
  • WMOVR’s utilization increased WoW by 1%.
  • FRAX’s utilization decreased WoW by 1% from 83% to 82%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 48.41 $444.22

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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