# \[Gauntlet\] Weekly Market Update - (2024-09-02 through 2024-09-08) **URL:** \ **Category:** Updates\ **Tags:** moonriver, moonbeam, base\ **Created:** [September 9, 2024, 10:17pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-09-02-through-2024-09-08/1218 "2024-09-09T22:17:17Z")\ **Posts on this page:** 1\ **Page:** 1
**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:** [September 9, 2024, 10:17pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-09-02-through-2024-09-08/1218/1 "2024-09-09T22:17:17Z")
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 ![Screenshot 2024-09-09 at 5.12.23 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/72ffa067ddd364d06f91d98332cd44f56bd91519.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/c0d6b22b09e6054f3d7ed370b12b9eb06f5b0dbc.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/8/89c99de25287e06fedea8b1801203b6faceb754d.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/b/be45f220dc43b6d2753c33730cff337bce3ff2fe.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/f565370ca56a84533ad4766db6a4f87d50b597cc.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/a/a09b9a2e8aabcba78111af3c4f94a1e1495a8115.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/4/46f41dd270caf9a1120cffb9361b40d81ab7b358.png) # 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 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/be0d1bee345c99c09686cc56f2956b6d5137265e.png) To see updated statistics, please see the live version of this graph [here](https://risk.gauntlet.network/protocols/moonwell/markets/optimism?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/optimism?fullscreen=market_health_timeseries_asset_supply). ![Supply](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/0bccd859b11d4673c88a79e7a6f135a58395045c.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/optimism?fullscreen=market_health_timeseries_asset_borrows). ![Borrows](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/673f9a774c16fbb52b802c0456dc35634e8e59c3.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/3/326fa8930cca94449f9520ecf2353b1377b60f88.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/e06c80ef04af1c2a2ab1bd75dc0ae7cde3113fc3.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 | 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 ![Screenshot 2024-09-09 at 5.13.18 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/72ffa067ddd364d06f91d98332cd44f56bd91519.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/7/78ad0ed81163b059b042ac8405666744ffd69356.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/c/c086cac714eb4f63dd4bc0b8d3aea5db51f7ac1d.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/c64ab761bd2e29e4ed609b2ff9d63e10cb3ad5b5.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/5/5edd3d3bac83383f3977ff16e75341188847244e.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/3/353f8d80ac16e49d430786a1b111d69d0d823298.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** | **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 ![Screenshot 2024-09-09 at 5.13.52 PM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/b/bf7e39d39cd375fd0248c66c068963f2cfa0cced.png) ## Protocol Growth ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/9/95a05357e2b565f2bcf89d697bb2f22d6a23416f.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/8/8681a0f89e41e0a092cc7124373e715fcfa92e81.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/3/39caaf82d3fce7fbabb20d062999536952636041.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/7/7f7ca7eb740a8ef5eac5e71165f6e928c41101e5.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/4/476ba7d75be95adaa62af839cb8698fe1b780f6e.png)