[Gauntlet] Weekly Market Update - (2025-02-24 through 2025-03-02)
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 | 26.66% | 28.28% | 86.71% | $880.54K |
| WELL | 75.00M | 150.00M | 40.69% | 73.45% | 27.70% | $2.47M |
| AERO | 25.00M | 70.00M | 27.43% | 40.36% | 24.28% | $12.26M |
| EURC | 21.00M | 21.90M | 20.23% | 22.57% | 85.92% | $455.38K |
| VIRTUAL | 2.30M | 4.50M | 13.26% | 19.39% | 34.97% | $5.37M |
| USDS | 690.00K | 750.00K | 2.54% | 2.82% | 82.64% | $28.29K |
| DAI | 300.00K | 400.00K | 14.23% | 14.21% | 75.12% | $227.27K |
| WETH | 64.00K | 96.00K | 52.52% | 41.72% | 83.93% | $13.21M |
| cbETH | 6.40K | 16.00K | 2.03% | 24.86% | 3.27% | $1.46M |
| wstETH | 4.80K | 14.40K | 3.35% | 38.61% | 2.89% | $913.85K |
| rETH | 900.00 | 1.32K | 3.36% | 97.35% | 2.36% | $6.04M |
| weETH | 700.00 | 2.80K | 3.92% | 94.37% | 1.04% | $2.40M |
| cbBTC | 640.00 | 1.50K | 7.51% | 34.23% | 9.37% | $10.84M |
| wrsETH | 430.00 | 1.30K | 0.68% | 41.31% | 0.55% | $32.56K |
| LBTC | 38.00 | 95.00 | 16.71% | 19.13% | 34.95% | $6.28K |
| tBTC | 18.00 | 45.00 | 11.68% | 13.94% | 33.53% | $1.38M |
| USDbC | 1.00 | 1.00 | 790.69K% | 2.21M% | 35.74% | $1.34M |
Top Movers
- rETH’s borrow balance increased WoW by 264% from $48K to $173K.
- weETH’s borrow balance decreased WoW by 31% from $92K to $64K.
- USDS’s supply balance increased WoW by 46% from $13K to $19K.
- wrsETH’s supply balance decreased WoW by 39% from $2M to $1M.
- rETH’s utilization increased WoW by 315% from 1% to 5%.
- VIRTUAL’s utilization decreased WoW by 26% from 45% to 33%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mcbBTC | 12.84 | $1.09M |
| mAERO | 477.06K | $308.94K |
| mWETH | 112.67 | $261.64K |
| mweETH | 49.71 | $132.81K |
| mEURC | 121.47K | $125.98K |
| mWELL | 1.71M | $48.65K |
| mUSDC | 32.45K | $32.44K |
| mwstETH | 9.95 | $26.81K |
| mcbETH | 9.46 | $23.35K |
| mLBTC | 0.03 | $2.96K |
| mrETH | 0.50 | $1.32K |
| mUSDS | 57.48 | $57.51 |
| mwrsETH | 0.02 | $53.75 |
| mVIRTUAL | 23.02 | $22.93 |
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 | 15.97% | 6.11M | 88.83% | $126.14M |
| VELO | 20.00M | 37.63% | 38.37M | 19.61% | $402.52K |
| USDT | 18.40M | 9.30% | 1.97M | 86.74% | $1.15B |
| DAI | 4.50M | 18.73% | 986.72K | 85.43% | $4.95M |
| OP | 650.00K | 12.78% | 915.69K | 9.07% | $6.79M |
| WETH | 11.00K | 50.59% | 6.20K | 89.82% | $6.81M |
| wstETH | 1.50K | 2.09% | 946.89 | 3.30% | $168.14K |
| rETH | 340.00 | 1.39% | 108.39 | 4.36% | $608.69K |
| wrsETH | 160.00 | 0.91% | 65.14 | 2.23% | $6.36K |
| weETH | 110.00 | 0.48% | 493.71 | 0.11% | $1.02M |
| cbETH | 0.10 | 0.16% | 1.72 | 0.01% | $464.19K |
| WBTC | 0.00 | 24.18K% | 0.42 | 5.69% | $5.11M |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $402.52K |
Top Movers
- WETH’s borrow balance increased WoW by 47% from $9M to $14M.
- cbETH’s borrow balance decreased WoW by 45% from $1 to $0.
- WETH’s supply balance increased WoW by 49% from $10M to $15M.
- cbETH’s supply balance decreased WoW by 50% from $7K to $3K.
- rETH’s utilization increased WoW by 63% from 3% to 5%.
- VELO’s utilization decreased WoW by 30% from 27% to 19%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mVELO | 4.24M | $261.89K |
| mWETH | 16.98 | $36.00K |
| mwstETH | 3.02 | $7.65K |
| mrETH | 0.52 | $1.35K |
| mwrsETH | 0.41 | $993.16 |
| mOP | 433.66 | $424.80 |
| mcbETH | 0.10 | $243.76 |
| mweETH | 0.02 | $37.79 |
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 | 8.00M | 84.77% | 17.00M | 39.90% | $2.11K |
| USDC.wh | 300.00K | 79.72% | 385.63K | 62.02% | $126.14M |
| xcUSDC | 300.00K | 88.84% | 644.82K | 41.33% | $126.14M |
| xcUSDT | 300.00K | 54.99% | 307.93K | 53.58% | $1.11K |
| xcDOT | 110.00K | 83.01% | 690.80K | 13.22% | $3.33K |
| FRAX | 40.00K | 76.79% | 48.24K | 63.68% | $260.83K |
| WETH.wh | 15.00 | 84.43% | 77.30 | 16.38% | $6.81M |
| WBTC.wh | 0.10 | 146.71% | 2.14 | 6.87% | $5.11M |
Top Movers
- xcUSDC’s borrow balance increased WoW by 10% from $268K to $295K.
- xcDOT’s borrow balance decreased WoW by 24% from $533K to $407K.
- xcUSDC’s supply balance increased WoW by 26% from $537K to $676K.
- WETH.wh’s supply balance decreased WoW by 17% from $229K to $190K.
- xcUSDT’s utilization increased WoW by 6% from 50% to 53%.
- xcDOT’s utilization decreased WoW by 29% from 16% to 11%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mGLMR | 105.50K | $11.94K |
| mETH.wh | 1.04 | $2.48K |
| mDOT | 360.77 | $1.52K |
| mUSDC.wh | 78.29 | $78.28 |
| mFRAX | 1.45 | $1.45 |
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 | 74.64% | 105.72K | 88.25% | $260.83K |
| WMOVR | 4.00K | 99.92% | 130.83K | 3.05% | $138.90K |
Top Movers
- xcKSM’s borrow balance increased WoW by 4% from $172K to $179K.
- WMOVR’s borrow balance decreased WoW by 3% from $32K to $31K.
- xcKSM’s supply balance increased WoW by 5% from $349K to $365K.
- WMOVR’s supply balance decreased WoW by 3% from $1M to $1M.
- FRAX’s utilization increased WoW by 1% from 87% to 88%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|
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.
