[Gauntlet] Weekly Market Update - (2025-01-13 through 2025-01-19)
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 | 32.16% | 32.57% | 90.86% | $2.07M |
| WELL | 37.50M | 75.00M | 2.20% | 56.03% | 1.96% | $3.78M |
| AERO | 25.00M | 70.00M | 24.37% | 49.86% | 17.46% | $16.74M |
| EURC | 21.00M | 21.90M | 31.90% | 35.21% | 86.86% | $779.88K |
| DAI | 300.00K | 400.00K | 19.90% | 22.18% | 67.31% | $160.21K |
| WETH | 64.00K | 96.00K | 54.38% | 42.45% | 85.40% | $21.64M |
| cbETH | 6.40K | 16.00K | 11.86% | 29.51% | 16.08% | $1.34M |
| wstETH | 4.80K | 14.40K | 14.77% | 43.74% | 11.26% | $604.05K |
| weETH | 700.00 | 2.80K | 4.77% | 97.60% | 1.22% | $2.37M |
| cbBTC | 640.00 | 1.50K | 20.30% | 39.25% | 22.06% | $16.86M |
| rETH | 450.00 | 1.20K | 14.38% | 84.42% | 6.39% | $1.23M |
| wrsETH | 430.00 | 1.07K | 14.26% | 93.04% | 6.13% | $31.48K |
| USDbC | 1.00 | 1.00 | 1.17M% | 2.40M% | 48.99% | $2.39M |
Top Movers
- cbBTC’s borrow balance increased WoW by 17% from $10M to $12M.
- USDbC’s borrow balance decreased WoW by 50% from $23K to $12K.
- rETH’s supply balance increased WoW by 15% from $3M to $4M.
- wstETH’s supply balance decreased WoW by 6% from $25M to $23M.
- EURC’s utilization increased WoW by 18% from 75% to 88%.
- USDbC’s utilization decreased WoW by 48% from 95% to 49%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mAERO | 1.88M | $1.75M |
| mWETH | 331.21 | $1.01M |
| mcbBTC | 1.76 | $175.06K |
| mweETH | 12.40 | $43.40K |
| mwstETH | 4.87 | $19.77K |
| mUSDC | 4.82K | $4.82K |
| mcbETH | 0.04 | $144.24 |
| mwrsETH | 0.03 | $103.66 |
| mrETH | 0.01 | $45.35 |
| mDAI | 32.69 | $32.69 |
| mEURC | 2.58 | $2.64 |
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) |
|---|---|---|---|---|---|
| USDC | 34.00M | 34.10% | 12.87M | 90.09% | $417.26M |
| USDT | 18.40M | 21.64% | 4.43M | 89.91% | $1.22B |
| VELO | 10.00M | 24.02% | 31.53M | 7.62% | $618.74K |
| DAI | 4.50M | 38.92% | 1.94M | 90.31% | $1.55M |
| OP | 650.00K | 36.73% | 1.37M | 17.43% | $8.30M |
| WETH | 9.50K | 68.99% | 7.37K | 88.97% | $30.20M |
| wstETH | 1.50K | 14.74% | 1.56K | 14.20% | $416.90K |
| rETH | 340.00 | 34.42% | 342.22 | 34.20% | $209.49K |
| wrsETH | 160.00 | 43.03% | 323.35 | 21.29% | $85.87K |
| weETH | 110.00 | 36.82% | 539.27 | 7.51% | $1.22M |
| cbETH | 0.10 | 90.42% | 5.30 | 1.71% | $2.38M |
| WBTC | 0.00 | 24.25K% | 0.43 | 5.62% | $8.06M |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $618.74K |
Top Movers
- USDT’s borrow balance increased WoW by 20% from $4M to $4M.
- VELO’s borrow balance decreased WoW by 64% from $809K to $293K.
- USDT’s supply balance increased WoW by 21% from $4M to $5M.
- cbETH’s supply balance decreased WoW by 50% from $34K to $17K.
- cbETH’s utilization increased WoW by 94% from 1% to 2%.
- VELO’s utilization decreased WoW by 60% from 19% to 8%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mVELO | 1.44M | $170.60K |
| mrETH | 2.08 | $7.08K |
| mwstETH | 1.59 | $6.25K |
| mWETH | 1.80 | $5.43K |
| mwrsETH | 0.44 | $1.36K |
| mOP | 654.91 | $1.09K |
| mDAI | 435.18 | $435.16 |
| mUSDT | 11.08 | $11.08 |
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 | 71.28% | 102.16K | 87.22% | $3.07M |
| WMOVR | 4.00K | 99.77% | 127.61K | 3.13% | $436.92K |
Top Movers
- xcKSM’s borrow balance decreased WoW by 11% from $260K to $232K.
- xcKSM’s supply balance decreased WoW by 19% from $566K to $458K.
- xcKSM’s utilization increased WoW by 10% from 46% to 51%.
- FRAX’s utilization decreased WoW by 1% from 88% to 87%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mMOVR | 133.94 | $1.41K |
| mxcKSM | 40.23 | $1.13K |
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.
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 | 75.49% | 18.10M | 41.71% | $46.50K |
| USDC.wh | 800.00K | 41.29% | 488.70K | 67.59% | $417.26M |
| xcUSDC | 750.00K | 53.24% | 663.05K | 60.22% | $417.26M |
| xcUSDT | 750.00K | 35.51% | 433.00K | 61.52% | $20.09K |
| xcDOT | 120.00K | 48.32% | 660.99K | 8.77% | $64.27K |
| FRAX | 60.00K | 50.92% | 48.19K | 63.40% | $3.07M |
| WETH.wh | 30.00 | 51.60% | 101.93 | 15.18% | $30.20M |
| WBTC.wh | 0.10 | 148.79% | 2.20 | 6.76% | $8.06M |
Top Movers
- WETH.wh’s borrow balance increased WoW by 30% from $39K to $51K.
- xcUSDT’s borrow balance decreased WoW by 17% from $307K to $255K.
- WETH.wh’s supply balance increased WoW by 6% from $312K to $331K.
- WGLMR’s supply balance decreased WoW by 12% from $4M to $3M.
- WETH.wh’s utilization increased WoW by 23% from 13% to 15%.
- xcUSDC’s utilization decreased WoW by 8% from 66% to 60%.
- No asset has supply or borrow cap usage above 75%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mGLMR | 768.83K | $152.15K |
| mDOT | 400.70 | $2.50K |
| mETH.wh | 0.07 | $206.38 |
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.
