[Gauntlet] Weekly Market Update - (2025-03-17 through 2025-03-23)
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 | 23.73% | 27.02% | 80.79% | $848.07K |
| WELL | 75.00M | 150.00M | 28.10% | 68.70% | 20.45% | $1.81M |
| AERO | 25.00M | 70.00M | 40.49% | 39.29% | 36.80% | $10.45M |
| EURC | 21.00M | 21.90M | 12.88% | 16.39% | 75.38% | $481.43K |
| VIRTUAL | 2.30M | 4.50M | 21.52% | 34.76% | 31.64% | $3.04M |
| USDS | 690.00K | 750.00K | 1.89% | 2.31% | 75.08% | $40.13K |
| DAI | 300.00K | 400.00K | 10.31% | 12.81% | 60.38% | $222.37K |
| WETH | 64.00K | 96.00K | 51.29% | 39.54% | 86.46% | $21.12M |
| cbETH | 6.40K | 16.00K | 5.02% | 26.21% | 7.66% | $1.33M |
| wstETH | 4.80K | 14.40K | 5.85% | 34.19% | 5.71% | $754.05K |
| rETH | 900.00 | 2.60K | 1.72% | 48.13% | 1.24% | $3.43M |
| weETH | 700.00 | 2.80K | 3.99% | 90.20% | 1.11% | $1.31M |
| cbBTC | 640.00 | 1.50K | 5.25% | 34.52% | 6.48% | $12.29M |
| wrsETH | 430.00 | 1.30K | 0.16% | 32.96% | 0.16% | $23.13K |
| LBTC | 38.00 | 95.00 | 28.79% | 34.12% | 33.75% | $319.94 |
| tBTC | 18.00 | 45.00 | 19.54% | 22.00% | 35.53% | $1.21M |
| USDbC | 1.00 | 1.00 | 557.49K% | 2.20M% | 25.29% | $1.17M |
Top Movers
- cbETH’s borrow balance increased WoW by 192% from $265K to $774K.
- wrsETH’s borrow balance decreased WoW by 22% from $1K to $1K.
- tBTC’s supply balance increased WoW by 82% from $612K to $1M.
- EURC’s supply balance decreased WoW by 2% from $4M to $4M.
- cbETH’s utilization increased WoW by 161% from 3% to 8%.
- wrsETH’s utilization decreased WoW by 25% from 0% to 0%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mUSDC | 5.35K | $5.34K |
| mrETH | 0.23 | $511.40 |
| mAERO | 980.46 | $491.70 |
| mWETH | 0.22 | $440.01 |
| mWELL | 10.10K | $225.70 |
| mcbETH | 0.00 | $3.20 |
| mDAI | 2.00 | $2.00 |
Weekly Annualized Reserve and Interest Projections
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 | 8.19% | 3.32M | 83.86% | $127.39M |
| VELO | 20.00M | 35.65% | 33.45M | 21.32% | $239.11K |
| USDT | 18.40M | 4.92% | 1.15M | 78.59% | $632.99M |
| DAI | 4.50M | 6.61% | 356.56K | 83.43% | $1.73M |
| OP | 650.00K | 12.33% | 980.78K | 8.17% | $1.99M |
| WETH | 11.00K | 48.45% | 5.96K | 89.47% | $14.54M |
| wstETH | 1.50K | 2.15% | 916.84 | 3.52% | $629.98K |
| rETH | 340.00 | 0.00% | 92.36 | 0.00% | $240.28K |
| wrsETH | 160.00 | 0.84% | 72.87 | 1.84% | $51.55K |
| weETH | 110.00 | 0.41% | 478.47 | 0.09% | $577.42K |
| cbETH | 0.10 | 0.16% | 1.01 | 0.02% | $20.44K |
| WBTC | 0.00 | 18.17K% | 0.42 | 4.28% | $2.93M |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $239.11K |
Top Movers
- WETH’s borrow balance increased WoW by 7% from $10M to $11M.
- DAI’s borrow balance decreased WoW by 37% from $465K to $295K.
- wstETH’s supply balance increased WoW by 9% from $2M to $2M.
- DAI’s supply balance decreased WoW by 37% from $537K to $338K.
- cbETH’s utilization increased WoW by 13% from 0% to 0%.
- VELO’s utilization decreased WoW by 18% from 23% to 19%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mOP | 526.36 | $448.37 |
| mUSDC | 2.13 | $2.13 |
Weekly Annualized Reserve and Interest Projections
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 | 83.41% | 14.09M | 47.36% | $413.64 |
| USDC.wh | 300.00K | 49.16% | 320.58K | 46.00% | $127.39M |
| xcUSDC | 300.00K | 70.84% | 490.89K | 43.29% | $127.39M |
| FRAX | 40.00K | 42.01% | 50.12K | 33.53% | $122.29K |
| WETH.wh | 15.00 | 64.44% | 51.76 | 18.68% | $14.54M |
| WBTC.wh | 0.10 | 89.65% | 1.12 | 7.97% | $2.93M |
Top Movers
- WGLMR’s borrow balance increased WoW by 7% from $577K to $620K.
- WBTC.wh’s borrow balance decreased WoW by 42% from $11K to $6K.
- FRAX’s supply balance increased WoW by 22% from $46K to $56K.
- USDC.wh’s supply balance decreased WoW by 19% from $370K to $301K.
- USDC.wh’s utilization increased WoW by 21% from 41% to 49%.
- WBTC.wh’s utilization decreased WoW by 45% from 12% to 6%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|
Weekly Annualized Reserve and Interest Projections
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 | 65.42% | 89.26K | 91.61% | $122.29K |
| WMOVR | 4.00K | 99.97% | 125.48K | 3.19% | $99.03K |
Top Movers
- xcKSM’s borrow balance increased WoW by 12% from $108K to $121K.
- xcKSM’s supply balance increased WoW by 10% from $252K to $277K.
- xcKSM’s utilization increased WoW by 2% from 43% to 44%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|
Weekly Annualized Reserve and Interest Projections
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.
