[Gauntlet] Weekly Market Updates

[Gauntlet] Weekly Market Update - (2025-01-20 through 2025-01-26)

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 33.10% 33.65% 90.48% $1.91M
WELL 37.50M 150.00M 22.98% 42.20% 13.61% $3.69M
AERO 25.00M 70.00M 26.83% 50.96% 18.81% $15.39M
EURC 21.00M 21.90M 30.12% 31.87% 90.63% $876.30K
DAI 300.00K 400.00K 20.12% 21.41% 70.49% $469.27K
WETH 64.00K 96.00K 53.97% 40.88% 88.00% $29.22M
cbETH 6.40K 16.00K 9.39% 30.66% 12.25% $2.07M
wstETH 4.80K 14.40K 8.70% 44.15% 6.57% $1.17M
weETH 700.00 2.80K 4.83% 96.42% 1.25% $2.79M
cbBTC 640.00 1.50K 12.95% 35.07% 15.76% $16.55M
rETH 450.00 1.20K 9.41% 90.49% 3.90% $1.23M
wrsETH 430.00 1.07K 3.66% 90.75% 1.61% $37.23K
USDbC 1.00 1.00 1.16M% 2.32M% 50.15% $2.46M

Top Movers

  • wrsETH’s borrow balance decreased WoW by 93% from $202K to $14K.
  • wstETH’s supply balance increased WoW by 10% from $23M to $26M.
  • AERO’s supply balance decreased WoW by 17% from $41M to $34M.
  • wrsETH’s utilization decreased WoW by 93% from 6% to 0%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mAERO 1.17M $1.21M
mWELL 2.67M $117.40K
mcbBTC 0.89 $93.18K
mUSDC 15.17K $15.17K
mWETH 0.94 $2.99K
mwstETH 0.32 $1.30K
mcbETH 0.25 $865.09
mEURC 248.91 $259.20
mDAI 3.72 $3.72

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 26.13% 9.85M 90.15% $118.87M
USDT 18.40M 17.14% 3.51M 89.94% $1.01B
VELO 10.00M 52.34% 34.57M 15.14% $402.62K
DAI 4.50M 38.86% 1.93M 90.49% $4.30M
OP 650.00K 9.02% 1.11M 5.30% $4.37M
WETH 9.50K 63.73% 6.74K 89.80% $16.75M
wstETH 1.50K 13.39% 1.39K 14.43% $1.62M
rETH 340.00 32.66% 321.65 34.52% $137.55K
wrsETH 160.00 11.66% 294.79 6.33% $67.09K
weETH 110.00 48.83% 534.18 10.06% $543.45K
cbETH 0.10 13.06% 3.75 0.35% $787.40K
WBTC 0.00 24.26K% 0.43 5.69% $4.65M
VELO 0.00 0.00% 0.00 0.00% $402.62K

Top Movers

  • VELO’s borrow balance increased WoW by 131% from $293K to $677K.
  • cbETH’s borrow balance decreased WoW by 100% from $315 to $1.
  • DAI’s supply balance increased WoW by 17% from $2M to $2M.
  • cbETH’s supply balance decreased WoW by 37% from $17K to $11K.
  • VELO’s utilization increased WoW by 149% from 8% to 19%.
  • cbETH’s utilization decreased WoW by 100% from 2% to 0%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mwstETH 36.75 $143.79K
mVELO 349.14K $37.54K
mOP 172.53 $283.24
mWETH 0.04 $116.98
mUSDT 15.12 $15.12

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 78.07% 110.12K 88.62% $193.20K
WMOVR 4.00K 99.94% 128.13K 3.12% $70.02K

Top Movers

  • FRAX’s borrow balance increased WoW by 12% from $87K to $97K.
  • WMOVR’s borrow balance decreased WoW by 4% from $41K to $39K.
  • FRAX’s supply balance increased WoW by 9% from $100K to $109K.
  • WMOVR’s supply balance decreased WoW by 4% from $1M to $1M.
  • FRAX’s utilization increased WoW by 3% from 87% to 90%.
  • xcKSM’s utilization decreased WoW by 2% from 51% to 50%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mxcKSM 80.48 $2.30K
mMOVR 55.33 $535.67
mUSDC 87.34 $87.35
mETH 0.01 $32.80
mUSDT 25.91 $25.88
mWBTC 0.00 $20.64
mFRAX 1.15 $1.14

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 71.56% 18.06M 39.62% $38.65K
USDC.wh 800.00K 40.45% 440.24K 73.51% $118.87M
xcUSDC 750.00K 56.21% 654.55K 64.41% $118.87M
xcUSDT 750.00K 34.72% 408.82K 63.70% $20.14K
xcDOT 120.00K 52.41% 664.68K 9.46% $51.37K
FRAX 60.00K 50.99% 48.23K 63.43% $193.20K
WETH.wh 30.00 47.40% 103.48 13.74% $16.75M
WBTC.wh 0.10 148.84% 2.18 6.83% $4.65M

Top Movers

  • xcDOT’s borrow balance increased WoW by 21% from $361K to $436K.
  • WETH.wh’s borrow balance decreased WoW by 18% from $51K to $42K.
  • xcDOT’s supply balance increased WoW by 5% from $4M to $4M.
  • USDC.wh’s supply balance decreased WoW by 7% from $478K to $444K.
  • xcDOT’s utilization increased WoW by 15% from 9% to 10%.
  • WETH.wh’s utilization decreased WoW by 19% from 15% to 12%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 20.63K $3.71K
mWBTC.wh 0.00 $80.70
mUSDC.wh 63.74 $63.74
mETH.wh 0.01 $24.94

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.