[Gauntlet] Weekly Market Update - (2024-09-02 through 2024-09-08)

Gauntlet would like to provide the community with an update on all the markets over the previous week. Gauntlet is continuing to monitor these markets.

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 22.41% 33.37% 61.79% $1.50M
AERO 14.85M 24.20M 85.14% 90.22% 57.90% $1.67M
DAI 1.50M 2.00M 30.69% 47.15% 48.81% $382.07K
USDbC 200.00K 250.00K 56.26% 78.77% 57.13% $2.32M
WETH 40.00K 60.00K 51.24% 45.55% 74.99% $1.50M
cbETH 3.20K 8.00K 23.37% 55.02% 16.99% $1.17M
wstETH 2.40K 6.30K 26.44% 58.67% 17.17% $1.18M
rETH 450.00 1.20K 36.34% 76.13% 17.90% $1.37M
weETH 350.00 900.00 4.24% 5.56% 29.71% $1.01M

Top Movers

  • USDC’s borrow balance decreased WoW by 35% from $24M to $15M.
  • weETH’s supply balance increased WoW by 548% from $25K to $162K.
  • USDbC’s supply balance decreased WoW by 22% from $227K to $178K.
  • weETH’s utilization increased WoW by 830% from 4% to 35%.
  • wstETH’s utilization decreased WoW by 32% from 22% to 15%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mAERO 199.99K $106.65K
mcbETH 13.80 $34.27K
mWETH 4.88 $10.71K
mrETH 0.95 $2.62K
mwstETH 0.59 $1.52K
mUSDC 103.23 $103.24

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 4.69% 1.14M 75.51% $1.98B
USDC 17.00M 18.48% 4.51M 69.60% $307.95M
VELO 4.50M 4.32% 4.90M 3.96% $230.76K
DAI 2.00M 26.54% 672.46K 78.93% $22.31M
OP 650.00K 15.97% 552.57K 18.79% $9.88M
WETH 2.70K 36.18% 1.85K 52.84% $43.03M
wstETH 750.00 12.51% 810.99 11.57% $2.18M
rETH 350.00 24.21% 230.00 36.84% $358.71K
weETH 85.00 18.26% 54.44 28.51% $548.12K
WBTC 10.00 27.36% 22.42 12.20% $829.91M

Top Movers

  • WBTC’s borrow balance decreased WoW by 65% from $392K to $136K.
  • cbETH’s supply balance decreased WoW by 72% from $105K to $29K.
  • WBTC’s utilization decreased WoW by 59% from 27% to 11%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWBTC 0.01 $499.84
mWETH 0.03 $66.50
mrETH 0.00 $4.77

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 65.47% 19.51M 33.55% $8.71K
USDC.wh 800.00K 69.84% 816.50K 68.42% $307.95M
xcUSDT 400.00K 98.99% 730.43K 54.21% $4.01K
xcUSDC 230.00K 75.57% 262.93K 66.11% $307.95M
xcDOT 120.00K 78.05% 852.82K 10.98% $3.95K
FRAX 100.00K 31.15% 182.10K 17.10% $1.92M
WETH.wh 40.00 62.25% 234.10 10.64% $43.03M
WBTC.wh 1.00 94.60% 160.72 0.59% $829.91M

Top Movers

  • WBTC.wh’s borrow balance increased WoW by 9% from $50K to $55K.
  • xcUSDC’s borrow balance decreased WoW by 10% from $180K to $163K.
  • USDC.wh’s supply balance increased WoW by 3% from $814K to $835K.
  • xcUSDC’s supply balance decreased WoW by 10% from $273K to $246K.
  • WBTC.wh’s utilization increased WoW by 14%.
  • USDC.wh’s utilization decreased WoW by 7% from 69% to 64%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mDOT 601.78 $2.34K
mGLMR 14.01K $2.06K
mWBTC.wh 0.01 $375.80
mETH.wh 0.01 $34.16
mUSDC.wh 7.23 $7.23

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 70.46% 104.65K 84.16% $1.92M
WMOVR 4.00K 71.47% 114.36K 2.50% $696.86K

Top Movers

  • WMOVR’s borrow balance increased WoW by 12% from $24K to $26K.
  • FRAX’s borrow balance decreased WoW by 2% from $89K to $87K.
  • xcKSM’s supply balance increased WoW by 9% from $398K to $432K.
  • WMOVR’s utilization increased WoW by 3%.
  • xcKSM’s utilization decreased WoW by 3% from 24% to 23%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 139.18 $1.15K
mxcKSM 30.40 $511.44

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.

2 Likes