[Gauntlet] Weekly Market Updates

[Gauntlet] Weekly Market Update - (2025-02-03 through 2025-02-09)

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 27.12% 29.48% 84.62% $992.09K
WELL 75.00M 150.00M 26.29% 60.10% 21.88% $2.39M
AERO 25.00M 70.00M 32.13% 40.99% 27.99% $12.61M
EURC 21.00M 21.90M 29.16% 31.95% 87.52% $504.24K
VIRTUAL 2.30M 4.50M 1.30% 4.18% 15.89% $6.44M
USDS 690.00K 750.00K 0.55% 0.88% 56.89% $30.22K
DAI 300.00K 400.00K 16.14% 16.01% 75.60% $157.68K
WETH 64.00K 96.00K 55.15% 41.61% 88.38% $20.32M
cbETH 6.40K 16.00K 2.28% 29.22% 3.13% $1.82M
wstETH 4.80K 14.40K 3.77% 44.92% 2.79% $1.33M
rETH 900.00 1.32K 24.48% 83.95% 19.88% $1.94M
weETH 700.00 2.80K 7.91% 85.99% 2.30% $1.98M
cbBTC 640.00 1.50K 7.85% 33.64% 9.95% $11.96M
wrsETH 430.00 1.30K 4.67% 39.62% 3.90% $28.50K
LBTC 38.00 95.00 0.04% 0.92% 1.96% $4.33K
tBTC 18.00 45.00 0.03% 0.25% 4.45% $640.09K
USDbC 1.00 1.00 848.09K% 2.23M% 38.08% $2.17M

Top Movers

  • tBTC’s borrow balance increased WoW by 307% from $49 to $198.
  • weETH’s borrow balance decreased WoW by 57% from $199K to $85K.
  • LBTC’s supply balance increased WoW by 472% from $43K to $247K.
  • tBTC’s supply balance decreased WoW by 87% from $49K to $6K.
  • LBTC’s utilization decreased WoW by 81% from 6% to 1%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mWETH 1.76K $4.39M
mwstETH 169.50 $504.70K
mcbBTC 3.33 $312.15K
mcbETH 109.79 $295.17K
mAERO 347.18K $276.10K
mweETH 88.39 $230.98K
mWELL 4.85M $153.21K
mUSDC 90.22K $90.21K
mwrsETH 19.85 $54.86K
mrETH 12.92 $35.51K
mtBTC 0.17 $16.37K
mDAI 9.62 $9.62

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.

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 20.11% 7.66M 89.19% $84.31M
VELO 20.00M 35.18% 36.52M 19.27% $585.64K
USDT 18.40M 13.14% 2.72M 88.74% $936.32M
DAI 4.50M 25.02% 1.30M 86.48% $4.26M
OP 650.00K 7.73% 940.51K 5.35% $4.21M
WETH 11.00K 52.73% 6.55K 88.50% $7.17M
wstETH 1.50K 9.61% 1.13K 12.78% $1.04M
rETH 340.00 32.05% 321.17 33.92% $157.70K
wrsETH 160.00 1.06% 107.22 1.58% $81.36K
weETH 110.00 0.88% 505.41 0.19% $328.72K
cbETH 0.10 0.19% 2.66 0.01% $661.84K
WBTC 0.00 24.15K% 0.43 5.67% $6.08M
VELO 0.00 0.00% 0.00 0.00% $585.64K

Top Movers

  • OP’s borrow balance increased WoW by 72% from $32K to $55K.
  • weETH’s borrow balance decreased WoW by 87% from $11K to $1K.
  • USDT’s supply balance increased WoW by 8% from $3M to $3M.
  • wstETH’s supply balance decreased WoW by 25% from $5M to $3M.
  • OP’s utilization increased WoW by 70% from 3% to 5%.
  • weETH’s utilization decreased WoW by 85% from 1% to 0%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mwstETH 131.10 $387.24K
mVELO 2.12M $145.43K
mrETH 14.37 $40.68K
mOP 26.28K $24.79K
mUSDC 17.66K $17.66K
mWETH 6.08 $15.60K
mwrsETH 1.40 $3.71K
mweETH 1.00 $2.78K
mDAI 1.49K $1.49K

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 73.86% 105.99K 87.11% $217.90K
WMOVR 4.00K 93.69% 128.73K 2.91% $105.17K

Top Movers

  • WMOVR’s borrow balance decreased WoW by 8% from $29K to $27K.
  • xcKSM’s supply balance decreased WoW by 7% from $357K to $331K.
  • WMOVR’s utilization decreased WoW by 6% from 3% to 3%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 720.59 $4.72K
mxcKSM 43.80 $751.47

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 72.02% 17.32M 41.58% $26.80K
USDC.wh 800.00K 30.80% 353.59K 69.68% $84.31M
xcUSDC 750.00K 32.05% 456.34K 52.67% $84.31M
xcUSDT 750.00K 21.41% 302.25K 53.13% $14.51K
xcDOT 120.00K 75.98% 675.66K 13.49% $41.32K
FRAX 60.00K 50.91% 48.13K 63.47% $217.90K
WETH.wh 30.00 35.25% 97.93 10.80% $7.17M
WBTC.wh 0.10 146.49% 2.18 6.73% $6.08M

Top Movers

  • xcUSDT’s borrow balance decreased WoW by 28% from $221K to $159K.
  • xcUSDT’s supply balance decreased WoW by 22% from $362K to $283K.
  • USDC.wh’s utilization increased WoW by 11% from 61% to 68%.
  • xcUSDC’s utilization decreased WoW by 13% from 60% to 53%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mDOT 14.03K $60.25K
mGLMR 494.23K $56.86K
mxcUSDT 1.07K $1.07K
mUSDC.wh 78.40 $78.40
mWBTC.wh 0.00 $63.46
mETH.wh 0.01 $17.28

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.