[Gauntlet] Weekly Market Updates

[Gauntlet] Weekly Market Update - (2025-03-24 through 2025-03-30)

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 25.08% 28.30% 81.55% $883.04K
WELL 75.00M 150.00M 33.15% 66.65% 24.87% $1.63M
AERO 25.00M 70.00M 41.91% 39.69% 37.71% $9.92M
EURC 21.00M 21.90M 14.26% 18.64% 73.35% $559.35K
VIRTUAL 2.30M 4.50M 23.90% 35.82% 34.11% $2.29M
USDS 690.00K 750.00K 1.92% 2.28% 77.43% $82.07K
DAI 300.00K 400.00K 10.32% 12.46% 62.11% $213.04K
WETH 64.00K 96.00K 51.42% 40.22% 85.23% $12.36M
cbETH 6.40K 16.00K 5.34% 24.93% 8.57% $796.48K
wstETH 4.80K 14.40K 2.02% 36.72% 1.83% $587.19K
rETH 900.00 2.60K 1.71% 48.45% 1.22% $3.01M
weETH 700.00 4.00K 3.69% 54.13% 1.19% $990.31K
cbBTC 640.00 1.50K 5.40% 33.87% 6.80% $10.93M
wrsETH 430.00 1.30K 0.13% 32.14% 0.14% $22.06K
LBTC 38.00 95.00 30.56% 35.55% 34.39% $1.14K
tBTC 18.00 45.00 25.89% 30.83% 33.59% $1.06M
USDbC 1.00 1.00 511.01% 2.11% 24.24% $1.07M

Top Movers

  • WELL’s borrow balance increased WoW by 49% from $500K to $743K.
  • USDbC’s borrow balance decreased WoW by 57% from $6K to $2K.
  • tBTC’s supply balance increased WoW by 26% from $1M to $1M.
  • weETH’s supply balance decreased WoW by 28% from $5M to $4M.
  • WELL’s utilization increased WoW by 70% from 22% to 36%.
  • wstETH’s utilization decreased WoW by 53% from 3% to 1%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mweETH 180.51 $395.06K
mWELL 2.27M $52.15K
mAERO 45.04K $21.33K
mcbBTC 0.13 $10.93K
mWETH 4.40 $8.12K
mEURC 6.54K $7.08K
mUSDC 2.72K $2.72K
mVIRTUAL 100.98 $75.06
mcbETH 0.00 $3.84
mwstETH 0.00 $0.92

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 8.44% 3.27M 87.72% $173.76M
VELO 20.00M 36.25% 33.82M 21.43% $422.58K
USDT 18.40M 4.18% 970.97K 79.26% $832.15M
DAI 4.50M 8.21% 410.33K 90.02% $2.30M
OP 650.00K 11.83% 982.68K 7.82% $3.20M
WETH 11.00K 48.54% 5.94K 89.96% $14.25M
wstETH 1.50K 2.13% 876.94 3.65% $616.00K
rETH 340.00 0.00% 96.63 0.00% $63.63K
wrsETH 160.00 0.84% 72.88 1.84% $443.75
weETH 110.00 0.41% 482.82 0.09% $431.21K
cbETH 0.10 0.16% 0.91 0.02% $389.08K
WBTC 0.00 18.04K% 0.15 12.01% $5.42M
VELO 0.00 0.00% 0.00 0.00% $422.58K

Top Movers

  • DAI’s borrow balance increased WoW by 35% from $295K to $398K.
  • USDT’s borrow balance decreased WoW by 20% from $826K to $664K.
  • DAI’s supply balance increased WoW by 32% from $338K to $446K.
  • WBTC’s supply balance decreased WoW by 76% from $36K to $9K.
  • WBTC’s utilization increased WoW by 299% from 4% to 17%.
  • rETH’s utilization decreased WoW by 10% from 0% to 0%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mUSDC 1.95K $1.95K
mOP 168.97 $125.89
mDAI 28.02 $28.01
mVELO 227.48 $12.14

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 6.00M 111.19% 14.91M 44.75% $1.59K
xcUSDC 240.00K 110.72% 490.16K 54.21% $173.76M
USDC.wh 180.00K 82.68% 299.57K 49.68% $173.76M
xcUSDT 150.00K 97.34% 254.95K 57.27% $722.87
xcDOT 75.00K 110.79% 664.77K 12.50% $2.41K
FRAX 20.00K 84.09% 53.07K 31.69% $2.43M
WETH.wh 10.00 96.78% 51.72 18.71% $14.25M
WBTC.wh 0.10 73.03% 1.10 6.66% $5.42M

Top Movers

  • xcUSDC’s borrow balance increased WoW by 26% from $219K to $277K.
  • WGLMR’s borrow balance decreased WoW by 20% from $620K to $495K.
  • WETH.wh’s supply balance decreased WoW by 10% from $104K to $93K.
  • xcUSDC’s utilization increased WoW by 27% from 44% to 56%.
  • WGLMR’s utilization decreased WoW by 11% from 48% to 42%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 51.63K $3.92K
mETH.wh 0.17 $311.42
mDOT 22.61 $97.05
mUSDC.wh 2.06 $2.06
mWBTC.wh 0.00 $0.30

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 64.93% 89.39K 90.80% $2.43M
WMOVR 4.00K 100.00% 125.28K 3.19% $113.15K

Top Movers

  • WMOVR’s borrow balance decreased WoW by 13% from $26K to $22K.
  • WMOVR’s supply balance decreased WoW by 14% from $804K to $694K.
  • xcKSM’s utilization increased WoW by 1% from 44% to 44%.
  • FRAX’s utilization decreased WoW by 1% from 92% to 91%.

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.