# \[Gauntlet\] Weekly Market Updates

**URL:** <https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273>\
**Category:** Updates\
**Created:** [October 14, 2024, 8:00pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273 "2024-10-14T20:00:24Z")\
**Posts on this page:** 1\
**Showing post:** 11

<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:** [December 16, 2024, 9:32pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273/11 "2024-12-16T21:32:01Z")

</div>

# [Gauntlet] Weekly Market Update - (2024-12-09 through 2024-12-15)

Gauntlet would like to provide the community with an update on this market 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 | 184.00M | 200.00M | 37.07% | 37.38% | 91.25% | $2.67M |
| AERO | 25.00M | 70.00M | 33.19% | 40.45% | 29.31% | $29.28M |
| EURC | 21.00M | 21.90M | 27.84% | 29.58% | 90.23% | $1.10M |
| DAI | 300.00K | 400.00K | 27.72% | 28.42% | 73.15% | $217.51K |
| USDbC | 100.00K | 110.00K | 31.56% | 30.50% | 94.08% | $2.47M |
| WETH | 64.00K | 96.00K | 56.97% | 44.21% | 85.89% | $27.81M |
| cbETH | 6.40K | 16.00K | 11.37% | 34.07% | 13.34% | $2.32M |
| wstETH | 4.80K | 14.40K | 14.56% | 56.35% | 8.61% | $1.26M |
| **weETH** | **700.00** | **2.80K** | **15.79%** | **82.13%** | **4.81%** | **$3.84M** |
| cbBTC | 640.00 | 1.50K | 40.69% | 56.87% | 30.53% | $13.87M |
| rETH | 450.00 | 1.20K | 19.05% | 71.21% | 10.03% | $2.06M |
| wrsETH | 430.00 | 1.07K | 16.06% | 39.31% | 16.34% | $71.26K |

## Top Movers

- AERO’s borrow balance increased WoW by 18% from $18M to $21M.
- rETH’s borrow balance decreased WoW by 51% from $775K to $383K.
- weETH’s supply balance increased WoW by 33% from $9M to $11M.
- wstETH’s supply balance decreased WoW by 12% from $42M to $37M.
- AERO’s utilization increased WoW by 23% from 29% to 35%.
- rETH’s utilization decreased WoW by 50% from 20% to 10%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mWETH | 196.58 | $726.30K |
| mcbBTC | 1.70 | $163.91K |
| mAERO | 59.55K | $115.75K |
| mEURC | 41.00K | $43.12K |
| mwstETH | 3.51 | $15.42K |
| mUSDC | 454.90 | $454.87 |
| mcbETH | 0.10 | $389.38 |
| mDAI | 56.16 | $56.16 |
| mrETH | 0.01 | $44.30 |

## Weekly Annualized Reserve and Interest Projections

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/5/54c48288d36cdae3aa2c281f3e47be93d5e7ca28.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/d/d24a20a5556d4ddf29e203005683ed4f7d00dfe2.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/c/cb2f01b8a0cbf110cad4720c4fb32f708cb531e8.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/1/1a06e686ac754c4b5b9dee28890465983c66f1c1.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/a/adf8afebe1272f112e220f10725f24ca92ef497c.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/7/7d3298cc6b070d0f4d5b66fb29ab004f0dc933c0.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/d26fbe0e0446f9a2f95c230fb8f74179caa0f792.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) |
| --- | --- | --- | --- | --- | --- |
| **USDC** | **34.00M** | **38.60%** | **14.39M** | **91.21%** | **$205.94M** |
| **USDT** | **18.40M** | **31.30%** | **6.39M** | **90.09%** | **$1.28B** |
| VELO | 8.00M | 41.11% | 23.79M | 13.83% | $1.19M |
| **DAI** | **4.50M** | **54.43%** | **2.72M** | **90.14%** | **$4.33M** |
| OP | 650.00K | 34.00% | 1.39M | 15.91% | $9.21M |
| **WETH** | **9.50K** | **67.13%** | **7.30K** | **87.35%** | **$25.49M** |
| wstETH | 1.50K | 12.64% | 1.81K | 10.50% | $2.47M |
| rETH | 340.00 | 36.95% | 371.51 | 33.81% | $520.04K |
| wrsETH | 160.00 | 29.00% | 229.69 | 20.20% | $179.94K |
| weETH | 110.00 | 24.96% | 231.23 | 11.88% | $239.61K |
| WBTC | 0.50 | 14.27% | 0.60 | 11.82% | $4.71M |
| cbETH | 0.10 | 90.24% | 3.29 | 2.75% | $654.24K |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $1.19M |

## Top Movers

- USDC’s borrow balance increased WoW by 10% from $12M to $13M.
- wrsETH’s borrow balance decreased WoW by 18% from $209K to $170K.
- VELO’s supply balance increased WoW by 60% from $4M to $6M.
- cbETH’s supply balance decreased WoW by 19% from $21K to $17K.
- cbETH’s utilization increased WoW by 22%
- VELO’s utilization decreased WoW by 45% from 17% to 9%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mWETH | 462.82 | $1.80M |
| mUSDC | 1.78M | $1.78M |
| mVELO | 186.74K | $53.24K |
| mwstETH | 8.20 | $37.75K |
| mOP | 6.95K | $16.81K |
| mweETH | 2.31 | $9.49K |
| mrETH | 1.40 | $5.76K |
| mWBTC | 0.01 | $1.14K |
| mUSDT | 1.11K | $1.11K |
| mwrsETH | 0.04 | $159.94 |
| mcbETH | 0.01 | $26.87 |

## Weekly Annualized Reserve and Interest Projections

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/e/e7eb06d03bac770135755f2ac1c3bbf49c121d82.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/356da2792f9dce26171cdcbd9fd5f9f0577e28cc.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/0/0261ec0ffaac4041653482f11ce92f1ee109ef39.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/c/c6a1297eb3117728cbb6cdbd76e27e5eb1be85a2.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/3/35eedbdade22f45dffce67199574475d7196833d.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/0/0a4c2ec69f14bd0c8faf59d8b1db9f7411b9be96.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** | **77.50%** | **106.29K** | **91.14%** | **$268.85K** |
| WMOVR | 4.00K | 95.84% | 123.70K | 3.10% | $405.02K |

## Top Movers

- WMOVR’s borrow balance decreased WoW by 10% from $72K to $65K.
- xcKSM’s supply balance decreased WoW by 33% from $1M to $712K.
- xcKSM’s utilization increased WoW by 45% from 27% to 40%.
- FRAX’s utilization decreased WoW by 6% from 96% to 91%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mFRAX | 2.34K | $2.33K |
| mMOVR | 119.25 | $1.86K |
| mxcKSM | 51.46 | $1.74K |

## Weekly Annualized Reserve and Interest Projections

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/a/a8abacae8a5cbefab2687acd891fa0330e959148.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/0/01a7f2a0c2c1036ba5a550c87713bdfc8e485158.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/f/f026e9786deea4d48b91f915a5b9308d94e0d8a1.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/9/99332e88d25d7e7ea489d28c27abb61cd09045ce.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/1/1e3cb052953a3af98b30472137a60482a807942a.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/4/46b5bd9eafb84ea932d7424e21de3c52e1f22234.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 | 73.14% | 17.66M | 41.41% | $69.77K |
| USDC.wh | 800.00K | 57.07% | 676.09K | 67.53% | $205.94M |
| xcUSDC | 750.00K | 78.28% | 874.35K | 67.15% | $205.94M |
| xcUSDT | 750.00K | 49.59% | 545.38K | 68.20% | $17.54K |
| xcDOT | 120.00K | 92.51% | 581.95K | 19.07% | $76.95K |
| FRAX | 60.00K | 51.47% | 74.00K | 41.73% | $268.85K |
| WETH.wh | 30.00 | 82.32% | 174.77 | 14.13% | $25.49M |
| WBTC.wh | 0.75 | 17.25% | 2.33 | 5.55% | $4.71M |

## Top Movers

- WBTC.wh’s borrow balance decreased WoW by 37% from $16K to $10K.
- WBTC.wh’s supply balance increased WoW by 3% from $235K to $242K.
- WETH.wh’s supply balance decreased WoW by 21% from $817K to $646K.
- WETH.wh’s utilization increased WoW by 14% from 12% to 14%.
- WBTC.wh’s utilization decreased WoW by 39% from 7% to 4%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mGLMR | 268.66K | $81.94K |
| mDOT | 45.53 | $384.56 |
| mWBTC.wh | 0.00 | $267.84 |

## Weekly Annualized Reserve and Interest Projections

 ![Interest and Reserves Projections](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/4/4178c06ec9701ecd3245fa2c5c9d2b268b457195.png)

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/1/17190e1c906817bcf62a86b19ce9fce9dae5dd31.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/8/881eb9ee562a1a68d5f81eca66ae8536b07c2400.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/9/9112bfa6924c0620be200a72ee6b8a163f9d32d0.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/c/c0d75f5f10f7a42dcb2311a03ee568d62b73b13d.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/b147a2daafc2f7406f6ec8ac319c0523348b1ad2.png)

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_[View the full topic](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273)._