# \[Gauntlet\] 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:** 2

<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:** [October 21, 2024, 8:10pm UTC](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273/2 "2024-10-21T20:10:28Z")

</div>

# [Gauntlet] Weekly Market Update - (2024-10-14 through 2024-10-20)

Gauntlet would like to provide the community with an update on all markets over the previous week. Gauntlet is continuing to monitor all markets.

# 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 | 92.00M | 100.00M | 32.97% | 39.75% | 76.32% | $2.46M |
| AERO | 25.00M | 35.00M | 47.43% | 66.68% | 50.81% | $2.85M |
| EURC | 8.00M | 13.70M | 72.39% | 50.31% | 84.03% | $2.00M |
| DAI | 500.00K | 750.00K | 55.43% | 50.95% | 72.53% | $212.62K |
| **USDbC** | **150.00K** | **150.00K** | **70.26%** | **93.87%** | **74.85%** | **$2.02M** |
| WETH | 40.00K | 60.00K | 55.53% | 52.02% | 71.16% | $2.60M |
| cbETH | 3.20K | 10.00K | 48.40% | 60.18% | 25.74% | $632.19K |
| wstETH | 2.40K | 9.00K | 61.35% | 68.45% | 23.90% | $2.47M |
| **rETH** | **450.00** | **1.20K** | **79.80%** | **99.93%** | **29.95%** | **$1.49M** |
| wrsETH | 430.00 | 1.07K | 0.00% | 0.04% | 0.00% | $195.78K |
| weETH | 350.00 | 900.00 | 19.85% | 54.52% | 14.16% | $1.50M |
| cbBTC | 160.00 | 560.00 | 48.98% | 47.86% | 29.24% | $2.34M |

## Top Movers

- weETH’s borrow balance increased WoW by 67% from $136K to $227K.
- AERO’s borrow balance decreased WoW by 9% from $17M to $15M.
- wstETH’s supply balance increased WoW by 43% from $16M to $22M.
- AERO’s supply balance decreased WoW by 19% from $37M to $30M.
- cbBTC’s utilization increased WoW by 28% from 22% to 29%.
- wstETH’s utilization decreased WoW by 4% from 25% to 23%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mWETH | 29.21 | $79.11K |
| mcbBTC | 1.07 | $73.35K |
| mUSDC | 50.94K | $50.94K |
| mAERO | 17.47K | $22.83K |
| mEURC | 1.02K | $1.12K |
| mDAI | 805.24 | $805.08 |
| mrETH | 0.00 | $13.45 |
| mwstETH | 0.00 | $1.78 |

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/3bdef3ccfbf373f645ad8495f8077e50c6cef395.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/8/817091b44f9612f5d7280cad69eac03904c57197.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/5/5b264744af106a90fe1ad3fc9b59b9a3ca1e1665.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/d/d400ea3ab1e0270c2c509e0d4fe354557b5f3950.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/0/023e158621e64174fcc18ac5d8ebaabe80ac5805.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/7/702bb02fb2e83d6e8733f08dee0e74074e78a351.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) |
| --- | --- | --- | --- | --- | --- |
| **USDT** | **18.40M** | **21.25%** | **4.43M** | **88.23%** | **$763.92M** |
| **USDC** | **17.00M** | **58.32%** | **11.03M** | **89.88%** | **$66.16M** |
| VELO | 8.00M | 48.00% | 18.66M | 20.58% | $94.40K |
| **DAI** | **4.50M** | **40.02%** | **2.04M** | **88.16%** | **$659.54K** |
| OP | 650.00K | 35.49% | 835.86K | 27.60% | $3.22M |
| WETH | 4.00K | 64.02% | 3.80K | 67.41% | $9.45M |
| wstETH | 750.00 | 56.02% | 1.13K | 37.24% | $1.46M |
| rETH | 350.00 | 61.13% | 509.88 | 41.96% | $31.91K |
| wrsETH | 160.00 | 0.00% | 7.99 | 0.00% | $103.76K |
| weETH | 85.00 | 46.68% | 114.91 | 34.53% | $536.55K |
| WBTC | 4.00 | 10.47% | 11.17 | 3.75% | $2.93M |
| cbETH | 0.10 | 154.56% | 1.60 | 9.69% | $735.42K |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $94.40K |

## Top Movers

- wstETH’s supply balance increased WoW by 45% from $3M to $4M.
- WBTC’s supply balance decreased WoW by 20% from $884K to $703K.
- VELO’s utilization decreased WoW by 11% from 21% to 19%.
- No asset has supply or borrow cap usage above 75%.

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mVELO | 9.70K | $891.05 |
| mOP | 143.14 | $246.95 |

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/6f499ef48a658dcc16903a1bb9913a2d610bd76a.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/a/a214ef255117b575674154de99d8b424069f41b0.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/8/83e305a3c19d6c94ac312d273d97eb80f9d8b997.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/1/13f1a2fd5b9d48f106b9e6613144533522fdb288.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/6/63829051ab362670ff6927925e7b30370aeb0cd5.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** | **74.62%** | **102.77K** | **90.77%** | **$40.13K** |
| WMOVR | 4.00K | 99.82% | 123.57K | 3.23% | $185.26K |

## Top Movers

- WMOVR’s borrow balance increased WoW by 12% from $38K to $42K.
- WMOVR’s supply balance increased WoW by 16%
- FRAX’s supply balance decreased WoW by 2% from $105K to $103K.
- FRAX’s utilization increased WoW by 14% from 80% to 91%.
- WMOVR’s utilization decreased WoW by 3%

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/3/35d11a67c6afe26c8e1d4317a7f867292e38c61e.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/e/ee92098dffe19b9e23b4f6629b115656b40865a2.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/3/3ab3dcc88c410d53bb535dc02af6a89484543bda.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/0/02d2c9aa8dd536cca96f1f5a728a69a1c7ae1749.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/6/69ab412c3dc0950001ca904b3906916b59f78836.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 | 71.78% | 17.17M | 41.81% | $36.43K |
| USDC.wh | 800.00K | 61.42% | 757.82K | 64.84% | $66.16M |
| xcUSDT | 400.00K | 100.00% | 999.39K | 40.03% | $15.82K |
| xcUSDC | 230.00K | 94.59% | 366.78K | 59.31% | $66.16M |
| xcDOT | 120.00K | 100.01% | 769.49K | 15.60% | $43.55K |
| FRAX | 60.00K | 51.73% | 93.96K | 33.03% | $40.13K |
| WETH.wh | 30.00 | 93.16% | 256.89 | 10.88% | $9.45M |
| WBTC.wh | 0.75 | 97.86% | 161.04 | 0.46% | $2.93M |

## Top Movers

- xcUSDC’s borrow balance increased WoW by 13% from $187K to $211K.
- USDC.wh’s borrow balance decreased WoW by 4% from $509K to $489K.
- WETH.wh’s supply balance increased WoW by 12% from $633K to $711K.
- FRAX’s supply balance decreased WoW by 58% from $180K to $76K.
- FRAX’s utilization increased WoW by 136% from 17% to 41%.
- WBTC.wh’s utilization decreased WoW by 8%

## Liquidations

| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
| --- | --- | --- |
| mGLMR | 2.41K | $385.50 |

## Protocol Growth

 ![Accounts](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/c/ceb3ee994eead73e08f887bb54d6bea256da615d.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/3/3b63e19687c6cb9c8ab75faff26cd4d60cc0f93f.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/9/9ba3e0f1372de2d5baf4cc048f854b3f02f23cb6.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/d/d4dc929aa44abb772ca07e6409a1cbcda9815549.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/3/34d3e322a3a1727bf98405821ef621be693e8c6b.png)

---

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