[Gauntlet] Weekly Market Update - (2024-02-02 through 2024-02-08)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market. At this time, we do not recommend any parameter updates, but will keep the community informed.

Summary

This table gives high-level statistics over the time frame in question. Bold lines correspond to weekly average supply 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 10.00M 15.00M 64.94% 54.61% 79.28% $6.02M
USDbC 4.00M 5.00M 15.08% 18.58% 64.94% $6.94M
DAI 3.90M 4.50M 73.23% 79.80% 79.54% $491.17K
WETH 8.00K 10.50K 73.38% 71.18% 78.54% $4.65M
cbETH 1.00K 6.00K 56.39% 60.45% 15.55% $2.23M
wstETH 500.00 1.30K 65.99% 67.81% 37.43% $1.82M
rETH 200.00 600.00 42.65% 78.74% 18.06% $961.81K

Top Movers

  • rETH’s borrow balance increased WoW by 61% from $160K to $259K.
  • USDbC’s borrow balance decreased WoW by -4% from $629K to $607K.
  • rETH’s supply balance increased WoW by 34% from $1M to $1M.
  • USDbC’s supply balance decreased WoW by -9% from $948K to $862K.
  • rETH’s utilization increased WoW by 20% from 16% to 19%.
  • DAI’s utilization decreased WoW by -6% from 85% to 80%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWETH 0.29 $676.56
mUSDC 213.71 $213.74

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.

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