[Gauntlet] Weekly Market Update - (2025-01-27 through 2025-02-02)
Base
Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.
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 | 31.01% | 31.88% | 89.50% | $1.59M |
| WELL | 37.50M | 150.00M | 39.27% | 52.28% | 18.78% | $2.62M |
| AERO | 25.00M | 70.00M | 24.62% | 45.89% | 19.16% | $13.20M |
| EURC | 21.00M | 21.90M | 31.38% | 33.29% | 90.36% | $447.39K |
| USDS | 690.00K | 750.00K | 0.19% | 0.23% | 76.48% | $367.83 |
| DAI | 300.00K | 400.00K | 19.53% | 18.74% | 78.18% | $252.93K |
| WETH | 64.00K | 96.00K | 53.17% | 40.21% | 88.17% | $19.25M |
| cbETH | 6.40K | 16.00K | 4.87% | 30.19% | 6.45% | $1.80M |
| wstETH | 4.80K | 14.40K | 4.85% | 44.10% | 3.67% | $1.24M |
| weETH | 700.00 | 2.80K | 6.84% | 99.38% | 1.72% | $2.55M |
| cbBTC | 640.00 | 1.50K | 8.34% | 32.92% | 10.81% | $12.68M |
| rETH | 450.00 | 1.32K | 16.83% | 79.60% | 7.21% | $1.18M |
| wrsETH | 430.00 | 1.30K | 2.31% | 52.46% | 1.45% | $28.52K |
| LBTC | 38.00 | 95.00 | 0.05% | 0.32% | 6.51% | $209.45 |
| tBTC | 18.00 | 45.00 | 0.00% | 0.28% | 0.68% | $1.03M |
| USDbC | 1.00 | 1.00 | 1.14M% | 2.24M% | 50.89% | $2.42M |
Top Movers
- wrsETH’s borrow balance increased WoW by 223% from $14K to $46K.
- AERO’s borrow balance decreased WoW by 58% from $9M to $4M.
- WELL’s supply balance increased WoW by 10% from $3M to $3M.
- wrsETH’s supply balance decreased WoW by 54% from $3M to $1M.
- wrsETH’s utilization increased WoW by 604% from 0% to 3%.
- AERO’s utilization decreased WoW by 46% from 27% to 15%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mWETH | 322.95 | $972.63K |
| mAERO | 425.23K | $385.28K |
| mUSDC | 12.94K | $12.94K |
| mcbBTC | 0.06 | $6.52K |
| mwstETH | 1.11 | $3.77K |
| mWELL | 37.12K | $1.59K |
| mweETH | 0.40 | $1.31K |
| mcbETH | 0.21 | $701.50 |
| mEURC | 349.92 | $365.29 |
| mwrsETH | 0.04 | $109.11 |
| mrETH | 0.03 | $83.07 |
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 | 23.31% | 8.82M | 89.86% | $145.41M |
| VELO | 20.00M | 34.96% | 37.49M | 18.65% | $373.68K |
| USDT | 18.40M | 16.59% | 3.41M | 89.61% | $1.08B |
| DAI | 4.50M | 36.25% | 1.82M | 89.56% | $4.27M |
| OP | 650.00K | 2.65% | 949.72K | 1.81% | $3.55M |
| WETH | 11.00K | 52.61% | 6.45K | 89.75% | $21.32M |
| wstETH | 1.50K | 14.46% | 1.36K | 15.99% | $1.40M |
| rETH | 340.00 | 32.00% | 297.63 | 36.56% | $214.49K |
| wrsETH | 160.00 | 2.72% | 157.88 | 2.75% | $94.21K |
| weETH | 110.00 | 8.29% | 526.67 | 1.73% | $920.47K |
| cbETH | 0.10 | 0.16% | 3.01 | 0.01% | $1.44M |
| WBTC | 0.00 | 24.26K% | 0.43 | 5.70% | $9.17M |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $373.68K |
Top Movers
- OP’s borrow balance increased WoW by 198% from $11K to $32K.
- weETH’s borrow balance decreased WoW by 92% from $142K to $11K.
- USDC’s supply balance increased WoW by 1% from $9M to $9M.
- wrsETH’s supply balance decreased WoW by 52% from $779K to $372K.
- OP’s utilization increased WoW by 360% from 1% to 3%.
- weETH’s utilization decreased WoW by 91% from 8% to 1%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mVELO | 1.45M | $132.78K |
| mOP | 58.59K | $75.84K |
| mWETH | 5.98 | $17.98K |
| mwstETH | 0.29 | $1.07K |
| mcbETH | 0.31 | $1.03K |
| mUSDC | 475.45 | $475.45 |
| mrETH | 0.05 | $198.55 |
| mweETH | 0.05 | $150.56 |
| mWBTC | 0.00 | $27.00 |
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 | 77.65% | 108.25K | 89.66% | $272.55K |
| WMOVR | 4.00K | 99.87% | 128.20K | 3.12% | $148.34K |
Top Movers
- WMOVR’s borrow balance decreased WoW by 25% from $39K to $29K.
- WMOVR’s supply balance decreased WoW by 25% from $1M to $944K.
- FRAX’s utilization decreased WoW by 1% from 90% to 88%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mMOVR | 286.12 | $2.34K |
| mxcKSM | 53.01 | $1.18K |
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 | 69.87% | 17.87M | 39.10% | $35.62K |
| USDC.wh | 800.00K | 37.81% | 453.26K | 66.74% | $145.41M |
| xcUSDC | 750.00K | 44.99% | 630.23K | 53.54% | $145.41M |
| xcUSDT | 750.00K | 31.97% | 404.92K | 59.22% | $14.12K |
| xcDOT | 120.00K | 74.35% | 706.96K | 12.62% | $47.15K |
| FRAX | 60.00K | 50.95% | 48.23K | 63.39% | $272.55K |
| WETH.wh | 30.00 | 43.17% | 103.37 | 12.53% | $21.32M |
| WBTC.wh | 0.10 | 148.34% | 2.18 | 6.82% | $9.17M |
Top Movers
- xcDOT’s borrow balance increased WoW by 11% from $436K to $482K.
- xcUSDC’s borrow balance decreased WoW by 29% from $436K to $311K.
- WGLMR’s supply balance decreased WoW by 27% from $3M to $2M.
- xcDOT’s utilization increased WoW by 30% from 10% to 13%.
- USDC.wh’s utilization decreased WoW by 15% from 72% to 61%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mDOT | 21.94K | $126.51K |
| mGLMR | 666.38K | $99.85K |
| mETH.wh | 0.67 | $1.91K |
| mxcUSDT | 785.38 | $785.10 |
| mWBTC.wh | 0.00 | $159.96 |
| mxcUSDC | 148.76 | $148.76 |
| mUSDC.wh | 0.62 | $0.62 |
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.
