# \[Gauntlet\] Weekly Market Update - (2024-04-22 through 2024-04-28)

**URL:** <https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-04-22-through-2024-04-28/893>\
**Category:** Updates\
**Tags:** moonriver, moonbeam, base\
**Created:** [April 29, 2024, 9:23pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-04-22-through-2024-04-28/893 "2024-04-29T21:23:51Z")\
**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:** [April 29, 2024, 9:23pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-04-22-through-2024-04-28/893/1 "2024-04-29T21:23:51Z")

</div>

Gauntlet would like to provide the community with an update on all 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 | 52.00M | 56.00M | 58.39% | 63.05% | 85.98% | $10.56M |
| USDbC | 4.00M | 5.00M | 7.53% | 8.51% | 70.73% | $8.43M |
| DAI | 1.50M | 2.00M | 58.62% | 63.21% | 69.55% | $444.54K |
| WETH | 28.00K | 40.00K | 66.70% | 69.99% | 66.70% | $4.59M |
| **cbETH** | 2.10K | 7.20K | 56.49% | **75.71%** | 21.76% | $4.01M |
| **wstETH** | 1.25K | 4.00K | 43.52% | **85.83%** | 15.84% | $3.30M |
| rETH | 250.00 | 1.00K | 68.45% | 74.19% | 23.06% | $2.11M |

## Top Movers

- rETH’s borrow balance increased WoW by 66% from $509K to $843K.
- USDbC’s borrow balance decreased WoW by 14% from $328K to $281K.
- WETH’s supply balance increased WoW by 38% from $68M to $95M.
- USDbC’s supply balance decreased WoW by 16% from $460K to $387K.
- rETH’s utilization increased WoW by 23% from 21% to 26%.
- cbETH’s utilization decreased WoW by 10% from 23% to 21%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mWETH | 0.58 | $1.82K |
| mUSDC | 1.71K | $1.71K |
| mwstETH | 0.07 | $279.38 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-04-29 at 3.54.42 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/6eaf39221e9da49e0ebe06222f6f0074296ac5b6.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/d/d801b237fdfb9de75ce748cc683018f5d1ecaeb2.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).

 ![Supply](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/4/487343b90ecdb4789b89a77353f5403da44b6d9e.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).

 ![Borrows](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/80d20cca5c62baacdbf6fc2f068a5d1af631257e.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/d/d16b968c9a9c9bf21fea17ebe50cc4e3ffbf379f.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/b/b46f7456420635a780563dd5bedcb9e3be12232d.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/2/28fe9773e0b4fd55087f33bf4237f09f1e2b4a89.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 | 22.55M | 28.25% | 26.60M | 23.95% | $42.95K |
| FRAX | 5.25M | 1.18% | 1.31M | 4.71% | $2.61M |
| USDC.wh | 2.40M | 53.45% | 1.78M | 72.21% | $412.23M |
| xcDOT | 850.00K | 20.24% | 1.51M | 11.39% | $61.18K |
| **xcUSDT** | **800.00K** | **100.04%** | **1.03M** | **77.98%** | **$3.30K** |
| xcUSDC | 560.00K | 75.58% | 654.73K | 64.64% | $412.23M |
| WETH.wh | 500.00 | 14.70% | 335.80 | 21.89% | $115.18M |
| WBTC.wh | 50.00 | 0.35% | 130.89 | 0.13% | $48.70M |

## Top Movers

- WETH.wh’s borrow balance increased WoW by 5% from $228K to $239K.
- WGLMR’s borrow balance decreased WoW by 10% from $2M to $2M.
- WETH.wh’s supply balance increased WoW by 5% from $1M to $1M.
- WGLMR’s supply balance decreased WoW by 32% from $10M to $7M.
- WGLMR’s utilization increased WoW by 33% from 22% to 29%.
- xcDOT’s utilization decreased WoW by 2% from 12% to 11%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mGLMR | 40.84K | $12.58K |
| mDOT | 60.45 | $404.72 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-04-29 at 3.53.27 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/ac4489d8221571b81280b6261e18bb5eb0cf7df7.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/8492ebc71ca31a07ccad7dcdd4d35d2f4cab159b.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/7/736f0af55496d4c7527089553fa63b2a48da2d40.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/c/c2414bc7e01c02518d88501b4e67ee017ab1488d.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/b3592b28ef62c3c6d49af916ceaa285482c2c9d7.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/e/e8eb73c83994b345688f349c7917f8b05ece9be0.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** | **270.00K** | **53.02%** | **161.10K** | **88.85%** | **$2.61M** |
| WMOVR | 20.00K | 67.10% | 154.29K | 8.70% | $578.01K |

## Top Movers

- FRAX’s borrow balance decreased WoW by 6% from $145K to $137K.
- FRAX’s supply balance decreased WoW by 17% from $185K to $154K.
- FRAX’s utilization increased WoW by 13% from 79% to 89%.
- No Asset has supply or borrow cap usage above 75%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mMOVR | 7.85 | $107.03 |
| mxcKSM | 3.32 | $95.88 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-04-29 at 3.52.58 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/38f65fe852c9ebb986ed729c39b91c8e08f985dc.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/d/d4e4af4df75809ae22055e640a81942f77c5b488.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/7/7a9fe6891a7d550202cd56045bf7c207c685a34f.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/4/4988e8273471be860132c31feea0fc92457de6be.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/3/3e9896b5bf26a567618ae6cd97a705680460443f.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/be98671d222af50d36ebf4e13f4c18104bdf29b1.png)
