# \[Gauntlet\] Weekly Market Update - (2024-05-26 through 2024-06-02)

**URL:** https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-05-26-through-2024-06-02/965
**Category:** Updates
**Tags:** moonbeam, moonriver, base
**Created:** [June 3, 2024, 9:05pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-05-26-through-2024-06-02/965 "2024-06-03T21:05:33Z")
**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: [June 3, 2024, 9:05pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-05-26-through-2024-06-02/965/1 "2024-06-03T21:05:33Z")

</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 | 84.00M | 92.00M | 70.33% | 72.24% | 88.89% | $11.36M |
| AERO | 8.00M | 12.00M | 64.19% | 65.69% | 65.15% | $7.16M |
| **DAI** | **1.50M** | **2.00M** | **93.60%** | **92.66%** | **75.76%** | **$567.91K** |
| **USDbC** | **200.00K** | **250.00K** | **72.21%** | **81.42%** | **70.94%** | **$13.87M** |
| WETH | 40.00K | 60.00K | 51.46% | 54.79% | 62.62% | $11.45M |
| **cbETH** | **2.52K** | **7.20K** | **42.38%** | **83.34%** | **17.80%** | **$8.01M** |
| wstETH | 2.40K | 6.30K | 28.29% | 74.03% | 14.56% | $5.85M |
| **rETH** | **350.00** | **1.00K** | **77.56%** | **99.98%** | **27.15%** | **$1.07M** |

## Top Movers

- USDbC’s borrow balance increased WoW by 19% from $120K to $143K.
- wstETH’s borrow balance decreased WoW by 19% from $4M to $3M.
- USDbC’s supply balance increased WoW by 21% from $166K to $201K.
- DAI’s supply balance decreased WoW by 13% from $2M to $2M.
- USDC’s utilization increased WoW by 6% from 86% to 90%.
- wstETH’s utilization decreased WoW by 18% from 17% to 14%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mwstETH | 3.24 | $14.35K |
| mWETH | 1.84 | $7.03K |
| mAERO | 43.35 | $52.76 |
| mUSDC | 30.01 | $30.01 |
| mDAI | 4.81 | $4.81 |
| mcbETH | 0.00 | $1.63 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-06-03 at 3.21.44 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/4/4954d165564a7b28855f5d252ed21b69b72ab43e.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/eb46c1422f7a610405539cbf6619b85a4c704322.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/0/0b7560a6b1cd832a69bb86e6ac26597afa51086c.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/8/8ddb71fdb41fa0cc7dddf8ab4be6652532110664.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/4/45017034540e173b6c41c615a0ea028402a233b3.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/f/f0e1663cf1828799267ad77435eaa6be9c7c6625.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/e2c749dab6d7863ffbf3f06f6aeaab1eb5f16b3a.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 | 70.08% | 23.38M | 29.98% | $37.72K |
| FRAX | 2.00M | 3.09% | 1.32M | 4.67% | $1.98M |
| **USDC.wh** | **1.80M** | **46.74%** | **1.11M** | **75.76%** | **$341.38M** |
| xcDOT | 425.00K | 28.74% | 1.35M | 9.06% | $48.91K |
| xcUSDT | 400.00K | 200.30% | 1.14M | 70.26% | $2.95K |
| xcUSDC | 230.00K | 174.05% | 548.36K | 73.00% | $341.38M |
| WETH.wh | 100.00 | 47.47% | 355.47 | 13.35% | $62.18M |
| WBTC.wh | 2.50 | 7.20% | 234.65 | 0.08% | $807.06M |

## Top Movers

- xcDOT’s borrow balance decreased WoW by 54% from $1M to $588K.
- xcUSDT’s supply balance increased WoW by 2% from $1M to $1M.
- xcDOT’s supply balance decreased WoW by 19% from $11M to $9M.
- WGLMR’s utilization increased WoW by 1% from 30% to 30%.
- xcDOT’s utilization decreased WoW by 44% from 12% to 7%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mFRAX | 17.19 | $17.14 |
| mGLMR | 1.55 | $0.46 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-06-03 at 3.20.58 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5c9bbf009f1605e6a495295931d757c9dac25f92.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/c74e6d6aca01f67eec675488d169eb009ae5a811.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/3/36e7421a5b35975183243bb19ace2d9709b5f26e.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/0/04ecc8ae337b1ab8f1b22cd186ffb4d41bb8d065.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/1/1a8b30fda1a27343693add5050b5511dbf1469f2.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/c/cee3bf379df51de86aaf1c87a0d4f7de1eac16f8.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** | **46.96%** | **156.98K** | **80.78%** | **$1.98M** |
| WMOVR | 20.00K | 70.80% | 148.32K | 9.55% | $1.16M |

## Top Movers

- FRAX’s borrow balance increased WoW by 4% from $126K to $131K.
- xcKSM’s borrow balance decreased WoW by 7% from $270K to $252K.
- FRAX’s supply balance increased WoW by 4% from $155K to $161K.
- xcKSM’s supply balance decreased WoW by 8% from $974K to $900K.
- xcKSM’s utilization increased WoW by 1% from 28% to 28%.
- WMOVR’s utilization decreased WoW by 1% from 10% to 9%.
- No Asset has supply or borrow cap usage above 75%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mMOVR | 0.63 | $9.69 |
| mxcKSM | 0.12 | $4.04 |
| mFRAX | 2.32 | $2.32 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-06-03 at 3.20.16 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/66d82facfcb1390cb541dee78e686cde43acd6e1.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/5e3cc6176fdc18be5274343dd871e05bc2b2dd83.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/d/d4e0fffb51241b8fc218a91a01720b3245881385.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/2/22dc1a72f4577e6e1a82426870ce2ad1b7fd1174.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/f/f119538138bc1a54c4e2f43a991bf68f08cbe580.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/1/1cb58167c7f2d8c10d1d0d01f6d22f116b369145.png)
