[Gauntlet] Weekly Market Updates

[Gauntlet] Weekly Market Update - (2025-05-05 through 2025-05-11)

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 38.25% 43.36% 81.16% $815.75K
WELL 75.00M 150.00M 38.37% 62.22% 30.83% $2.52M
AERO 25.00M 70.00M 31.36% 36.54% 30.65% $10.89M
EURC 21.00M 21.90M 11.79% 20.02% 56.48% $625.61K
VIRTUAL 2.30M 4.50M 33.64% 41.50% 41.43% $4.33M
MORPHO 1.00M 2.00M 39.04% 99.98% 19.53% $472.72K
USDS 690.00K 750.00K 1.83% 1.93% 87.17% $25.67K
DAI 300.00K 400.00K 8.27% 9.43% 65.76% $157.97K
WETH 64.00K 96.00K 40.41% 31.58% 85.31% $26.66M
cbETH 6.40K 16.00K 15.33% 20.51% 29.89% $1.93M
wstETH 4.80K 14.40K 2.13% 37.85% 1.87% $759.54K
rETH 900.00 2.60K 3.14% 50.60% 2.15% $1.97M
weETH 700.00 4.00K 6.30% 50.13% 2.20% $1.62M
cbBTC 640.00 1.50K 8.18% 37.98% 9.19% $14.08M
wrsETH 430.00 200.00 0.22% 147.83% 0.32% $22.85K
LBTC 38.00 95.00 25.81% 32.46% 31.81% $1.44K
tBTC 36.00 90.00 16.96% 16.50% 41.14% $1.27M
USDbC 1.00 1.00 171.00K% 1.47M% 11.62% $1.23M

Top Movers

  • EURC’s borrow balance increased WoW by 72% from $2M to $4M.
  • VIRTUAL’s borrow balance decreased WoW by 33% from $1M to $836K.
  • MORPHO’s supply balance increased WoW by 115% from $1M to $3M.
  • USDS’s supply balance decreased WoW by 14% from $14K to $12K.
  • EURC’s utilization increased WoW by 70% from 48% to 81%.
  • weETH’s utilization decreased WoW by 46% from 3% to 2%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mcbBTC 0.79 $80.56K
mcbETH 10.79 $28.45K
mUSDC 22.62K $22.62K
mAERO 35.90K $21.67K
mEURC 15.66K $17.59K
mWETH 1.41 $3.40K
mVIRTUAL 1.04K $1.66K
mLBTC 0.01 $1.34K
mMORPHO 606.39 $780.74
mwstETH 0.05 $124.89
mWELL 1.51K $50.83

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 20.03% 7.60M 89.63% $184.31M
VELO 20.00M 4.76% 31.44M 3.03% $787.81K
USDT 18.40M 2.54% 577.64K 81.06% $1.52B
DAI 4.50M 6.71% 357.35K 84.46% $5.53M
OP 650.00K 17.26% 1.11M 10.14% $13.08M
WETH 15.00K 53.63% 9.23K 87.13% $15.17M
wstETH 1.50K 3.07% 939.88 4.90% $843.14K
rETH 340.00 2.46% 113.03 7.41% $326.77K
wrsETH 160.00 0.84% 45.54 2.95% $93.58K
weETH 110.00 8.72% 441.22 2.18% $531.24K
cbETH 0.10 0.16% 0.91 0.02% $548.36K
WBTC 0.00 3.22K% 0.10 3.31% $11.87M
VELO 0.00 0.00% 0.00 0.00% $787.81K

Top Movers

  • wstETH’s borrow balance increased WoW by 63% from $91K to $149K.
  • VELO’s borrow balance decreased WoW by 9% from $60K to $54K.
  • VELO’s supply balance increased WoW by 59% from $1M to $2M.
  • USDT’s supply balance decreased WoW by 2% from $595K to $581K.
  • DAI’s utilization increased WoW by 12% from 79% to 88%.
  • VELO’s utilization decreased WoW by 43% from 4% to 2%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mUSDC 5.40K $5.40K
mWETH 1.99 $4.76K
mUSDT 1.42K $1.42K
mOP 113.53 $70.68
mVELO 950.84 $43.71

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 3.00M 213.54% 13.24M 48.40% $5.76K
xcUSDC 120.00K 168.30% 353.65K 57.11% $184.31M
xcDOT 75.00K 99.46% 587.24K 12.70% $1.98K
USDC.wh 60.00K 183.29% 191.76K 57.35% $184.31M
FRAX 5.00K 14.81% 52.01K 1.42% $514.63K
WETH.wh 0.10 6.81K% 46.91 14.51% $15.17M
WBTC.wh 0.10 3.07% 1.02 0.30% $11.87M

Top Movers

  • xcDOT’s borrow balance increased WoW by 30% from $294K to $381K.
  • WETH.wh’s supply balance increased WoW by 39% from $85K to $118K.
  • FRAX’s supply balance decreased WoW by 9% from $54K to $49K.
  • FRAX’s utilization increased WoW by 9% from 1% to 2%.
  • WETH.wh’s utilization decreased WoW by 26% from 16% to 12%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mGLMR 1.52K $131.23
mDOT 1.46 $5.64
mUSDC.wh 1.76 $1.76
mFRAX 0.34 $0.34

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 63.28% 84.42K 93.69% $514.63K
WMOVR 4.00K 99.99% 127.49K 3.14% $305.71K

Top Movers

  • WMOVR’s borrow balance increased WoW by 33% from $24K to $32K.
  • WMOVR’s supply balance increased WoW by 33% from $770K to $1M.
  • xcKSM’s utilization increased WoW by 2% from 41% to 42%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 0.99 $7.09

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.