[Gauntlet] Weekly Market Update - (2025-03-31 through 2025-04-06)
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 | 25.43% | 29.01% | 80.65% | $895.61K |
| WELL | 75.00M | 150.00M | 46.24% | 63.32% | 36.51% | $1.47M |
| AERO | 25.00M | 70.00M | 39.56% | 39.94% | 35.38% | $7.13M |
| EURC | 21.00M | 21.90M | 14.11% | 19.28% | 70.21% | $466.69K |
| VIRTUAL | 2.30M | 4.50M | 27.60% | 35.74% | 39.47% | $1.86M |
| USDS | 690.00K | 750.00K | 1.91% | 2.27% | 77.25% | $72.60K |
| DAI | 300.00K | 400.00K | 9.73% | 10.60% | 68.89% | $203.22K |
| WETH | 64.00K | 96.00K | 58.13% | 44.95% | 86.21% | $11.35M |
| cbETH | 6.40K | 16.00K | 4.95% | 24.32% | 8.14% | $1.31M |
| wstETH | 4.80K | 14.40K | 1.72% | 39.51% | 1.45% | $487.62K |
| rETH | 900.00 | 2.60K | 1.87% | 48.52% | 1.33% | $2.06M |
| weETH | 700.00 | 4.00K | 3.41% | 49.75% | 1.20% | $892.06K |
| cbBTC | 640.00 | 1.50K | 4.84% | 33.83% | 6.10% | $11.66M |
| wrsETH | 430.00 | 1.30K | 0.13% | 30.67% | 0.14% | $18.68K |
| LBTC | 38.00 | 95.00 | 31.94% | 36.63% | 34.88% | $1.08K |
| tBTC | 18.00 | 45.00 | 35.78% | 45.97% | 31.13% | $1.17M |
| USDbC | 1.00 | 1.00 | 223.77K% | 1.59M% | 14.10% | $1.02M |
Top Movers
- tBTC’s borrow balance increased WoW by 51% from $406K to $613K.
- cbBTC’s borrow balance decreased WoW by 34% from $3M to $2M.
- tBTC’s supply balance increased WoW by 26% from $1M to $2M.
- AERO’s supply balance decreased WoW by 30% from $13M to $9M.
- VIRTUAL’s utilization increased WoW by 25% from 34% to 43%.
- cbBTC’s utilization decreased WoW by 30% from 7% to 5%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mAERO | 1.07M | $395.73K |
| mWETH | 105.95 | $173.92K |
| mcbBTC | 1.87 | $148.65K |
| mcbETH | 37.17 | $66.78K |
| mwstETH | 15.74 | $32.28K |
| mVIRTUAL | 21.14K | $12.01K |
| mUSDC | 8.30K | $8.30K |
| mWELL | 325.25K | $6.08K |
| mrETH | 0.24 | $446.73 |
| mwrsETH | 0.17 | $297.01 |
| mweETH | 0.06 | $96.39 |
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 | 8.40% | 3.43M | 83.20% | $129.61M |
| VELO | 20.00M | 38.63% | 34.15M | 22.62% | $297.94K |
| USDT | 18.40M | 3.14% | 683.99K | 84.59% | $756.57M |
| DAI | 4.50M | 7.23% | 362.57K | 89.68% | $1.78M |
| OP | 650.00K | 13.90% | 957.94K | 9.43% | $2.06M |
| WETH | 11.00K | 48.48% | 5.92K | 90.06% | $9.23M |
| wstETH | 1.50K | 1.33% | 836.70 | 2.38% | $713.87K |
| rETH | 340.00 | 0.00% | 102.02 | 0.00% | $149.65K |
| wrsETH | 160.00 | 0.84% | 57.18 | 2.34% | $13.11K |
| weETH | 110.00 | 0.40% | 482.93 | 0.09% | $205.20K |
| cbETH | 0.10 | 0.16% | 0.91 | 0.02% | $99.55K |
| WBTC | 0.00 | 16.67K% | 0.10 | 15.97% | $6.48M |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $297.94K |
Top Movers
- wstETH’s borrow balance decreased WoW by 69% from $68K to $21K.
- wrsETH’s supply balance decreased WoW by 40% from $137K to $83K.
- wrsETH’s utilization increased WoW by 44% from 2% to 3%.
- wstETH’s utilization decreased WoW by 64% from 4% to 1%.
- No asset has supply or borrow cap usage above 75%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mWETH | 6.78 | $11.77K |
| mwstETH | 5.12 | $10.49K |
| mOP | 8.04K | $5.28K |
| mVELO | 29.06K | $1.33K |
| mwrsETH | 0.43 | $731.48 |
| mrETH | 0.04 | $68.71 |
| mweETH | 0.01 | $9.69 |
| mDAI | 1.97 | $1.97 |
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 | 110.47% | 15.31M | 43.30% | $1.07K |
| xcUSDC | 240.00K | 113.17% | 491.78K | 55.23% | $186.45M |
| USDC.wh | 180.00K | 85.45% | 299.17K | 51.41% | $186.45M |
| xcDOT | 75.00K | 107.69% | 663.57K | 12.17% | $1.11K |
| FRAX | 20.00K | 84.02% | 51.82K | 32.43% | $109.80K |
| WETH.wh | 10.00 | 97.10% | 50.15 | 19.36% | $11.10M |
| WBTC.wh | 0.10 | 68.27% | 1.09 | 6.27% | $9.07M |
Top Movers
- USDC.wh’s borrow balance increased WoW by 3% from $151K to $155K.
- WBTC.wh’s borrow balance decreased WoW by 88% from $6K to $725.
- USDC.wh’s supply balance decreased WoW by 34% from $299K to $198K.
- USDC.wh’s utilization increased WoW by 55% from 50% to 78%.
- WBTC.wh’s utilization decreased WoW by 87% from 7% to 1%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mGLMR | 429.90K | $27.04K |
| mDOT | 3.07K | $11.78K |
| mETH.wh | 0.65 | $1.06K |
| mUSDC.wh | 779.99 | $779.98 |
| mFRAX | 227.50 | $227.38 |
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 | 64.13% | 89.47K | 89.60% | $24.56K |
| WMOVR | 4.00K | 100.00% | 125.22K | 3.19% | $110.19K |
Top Movers
- xcKSM’s borrow balance decreased WoW by 19% from $109K to $88K.
- xcKSM’s supply balance decreased WoW by 21% from $247K to $196K.
- xcKSM’s utilization increased WoW by 2% from 44% to 45%.
- FRAX’s utilization decreased WoW by 4% from 91% to 87%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mMOVR | 386.51 | $1.84K |
| mxcKSM | 31.04 | $405.25 |
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.
