# \[Gauntlet\] Weekly Market Update - (2024-06-24 through 2024-06-30)

**URL:** <https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-06-24-through-2024-06-30/1086>\
**Category:** Updates\
**Tags:** moonriver, moonbeam, base\
**Created:** [July 1, 2024, 8:44pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-06-24-through-2024-06-30/1086 "2024-07-01T20:44:36Z")\
**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:** [July 1, 2024, 8:44pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-06-24-through-2024-06-30/1086/1 "2024-07-01T20:44:36Z")

</div>

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 | 66.45% | 68.61% | 89.10% | $3.11M |
| **AERO** | **10.00M** | **16.00M** | **95.30%** | **96.29%** | **61.86%** | **$3.28M** |
| DAI | 1.50M | 2.00M | 53.43% | 60.39% | 66.35% | $400.32K |
| USDbC | 200.00K | 250.00K | 66.28% | 74.28% | 71.38% | $4.81M |
| WETH | 40.00K | 60.00K | 53.15% | 57.69% | 61.42% | $3.18M |
| cbETH | 3.20K | 8.00K | 29.39% | 66.00% | 17.81% | $3.11M |
| wstETH | 2.40K | 6.30K | 20.94% | 60.74% | 13.13% | $3.16M |
| **rETH** | **350.00** | **1.00K** | **49.96%** | **98.15%** | **17.82%** | **$2.78M** |

## Top Movers

- AERO’s borrow balance increased WoW by 5%.
- DAI’s borrow balance decreased WoW by 6% from $828K to $780K.
- DAI’s supply balance increased WoW by 6%.
- cbETH’s supply balance decreased WoW by 2% from $20M to $19M.
- WETH’s utilization increased WoW by 1% from 61% to 62%.
- DAI’s utilization decreased WoW by 11% from 70% to 62%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mWETH | 26.64 | $88.88K |
| mwstETH | 2.37 | $9.24K |
| mAERO | 8.92K | $6.67K |
| mcbETH | 0.11 | $399.77 |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-07-01 at 2.28.22 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/0cdee4328bd6604f083938d9d0ce976bc302fc5a.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/e8483d36a0317de61a4e22155eb6499e00db2785.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/f/fd4a21dca1d3afbb3d318117790429012b9e1e34.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/0/04c25eb776d3058588686c8c2919a0f8caaf8ca6.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/7/709beb9793b4636d698a0e112f9a0f3a2f123b27.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/9/91dd99cfacd3e419c72e6c712c8b4c82c634d92d.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/d/d4232f1b65d6e5232d6567a14db514224935e435.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 | 78.97% | 24.10M | 32.77% | $305.55 |
| USDC.wh | 1.80M | 42.22% | 1.09M | 69.89% | $293.21M |
| FRAX | 500.00K | 12.20% | 1.27M | 4.80% | $1.79M |
| xcUSDC | 230.00K | 130.14% | 458.37K | 65.30% | $293.21M |
| xcDOT | 150.00K | 53.02% | 1.22M | 6.52% | $1.38K |
| WETH.wh | 100.00 | 28.37% | 368.59 | 7.70% | $52.40M |
| WBTC.wh | 2.50 | 86.78% | 248.58 | 0.87% | $51.46M |

## Top Movers

- WGLMR’s borrow balance increased WoW by 19% from $1M to $2M.
- WBTC.wh’s borrow balance decreased WoW by 18% from $157K to $128K.
- WGLMR’s supply balance increased WoW by 21%.
- USDC.wh’s supply balance decreased WoW by 5%.
- USDC.wh’s utilization increased WoW by 9% from 66% to 73%.
- WBTC.wh’s utilization decreased WoW by 19%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mGLMR | 27.16K | $5.05K |
| mDOT | 751.74 | $4.15K |
| mWBTC.wh | 0.02 | $1.21K |

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-07-01 at 2.29.36 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/bff240d3342a2ff5ad63dfe130d4a315d6ac807d.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/9/9269caa813dd2e24b569a35fd7e3d3f900f5fce3.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/d/d5f87ff89a69091822867e14e24d215fa0d21e86.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/8/8fceba989427d00847b1eef67770259106bc30fd.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/2/2a82bc6113b754d43617233eac0366fd1f11b751.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/2/22f9fc6c07cd2e4444b1108bfb895d703cdae090.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** | **200.00K** | **57.30%** | **140.11K** | **81.80%** | **$1.79M** |
| WMOVR | 17.00K | 79.56% | 162.25K | 8.34% | $958.57K |

## Top Movers

- xcKSM’s borrow balance increased WoW by 16% from $169K to $195K.
- WMOVR’s supply balance increased WoW by 8%.
- FRAX’s supply balance decreased WoW by 5% from $142K to $135K.
- xcKSM’s utilization increased WoW by 9% from 26% to 28%.
- WMOVR’s utilization decreased WoW by 3%.

## Weekly Annualized Reserve and Interest Projections

 ![Screenshot 2024-07-01 at 2.31.46 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/040d4f29f4d002609c27d5efb83d06c783c9b981.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/8/87f0e1dc244ff8d0051c4eed603f1f6657593590.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/1/18a68e053b4507ee50531db8dd723d29d500e067.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/d/d9a9211be384220c755d4938bf47fce83c7da7db.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/1/1541da3a39dd3e26bec9d26d724921fb0ef6db09.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/5/5e5f43c5ffba8bd07bf6e78787fdf1a8248db7bf.png)
