[Gauntlet] Weekly Market Updates

[Gauntlet] Weekly Market Update - (2025-05-12 through 2025-05-18)

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

Top Movers

  • cbBTC’s borrow balance increased WoW by 81% from $5M to $10M.
  • tBTC’s borrow balance decreased WoW by 43% from $751K to $428K.
  • LBTC’s supply balance increased WoW by 41% from $3M to $5M.
  • WELL’s supply balance decreased WoW by 13% from $3M to $3M.
  • cbBTC’s utilization increased WoW by 65% from 9% to 15%.
  • LBTC’s utilization decreased WoW by 57% from 32% to 14%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mwstETH 78.88 $228.87K
mAERO 118.80K $79.53K
mcbBTC 0.15 $15.69K
mEURC 8.42K $9.33K
mcbETH 1.82 $5.04K
mUSDC 593.26 $593.17
mVIRTUAL 262.63 $480.42
mWETH 0.11 $274.21
mWELL 7.39K $231.10
mUSDS 13.70 $13.70

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 27.78% 10.61M 88.99% $111.07M
VELO 20.00M 4.69% 34.31M 2.74% $471.08K
USDT 18.40M 2.39% 517.85K 84.94% $1.03B
DAI 4.50M 6.52% 339.18K 86.51% $1.27M
OP 650.00K 14.49% 1.13M 8.31% $4.84M
WETH 15.00K 62.01% 10.47K 88.83% $7.63M
wstETH 1.50K 3.52% 1.00K 5.27% $493.00
rETH 340.00 2.45% 108.60 7.67% $1.45K
wrsETH 160.00 0.84% 45.16 2.97% $1.52K
weETH 110.00 8.96% 712.43 1.38% $64.51K
cbETH 0.10 0.16% 0.90 0.02% $471.75K
WBTC 0.00 3.18K% 0.09 3.54% $5.74M
VELO 0.00 0.00% 0.00 0.00% $471.08K

Top Movers

  • USDC’s borrow balance increased WoW by 52% from $7M to $11M.
  • DAI’s borrow balance decreased WoW by 41% from $391K to $230K.
  • weETH’s supply balance increased WoW by 87% from $1M to $2M.
  • DAI’s supply balance decreased WoW by 38% from $442K to $275K.
  • WBTC’s utilization increased WoW by 36% from 3% to 4%.
  • weETH’s utilization decreased WoW by 47% from 2% to 1%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mUSDT0 1.77K $1.77K
mOP 1.29K $978.20
mWETH 0.11 $271.10
mweETH 0.00 $0.19

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 213.93% 13.13M 48.86% $1.29K
xcUSDT 150.00K 100.12% 282.66K 53.13% $6.65K
xcUSDC 120.00K 158.43% 328.68K 57.84% $111.07M
xcDOT 75.00K 91.67% 587.75K 11.70% $7.86K
USDC.wh 60.00K 179.38% 190.60K 56.47% $111.07M
FRAX 5.00K 14.81% 47.19K 1.57% $332.43K
WETH.wh 0.10 5.64K% 46.89 12.04% $7.63M
WBTC.wh 0.10 11.58% 1.02 1.13% $5.74M

Top Movers

  • WBTC.wh’s borrow balance increased WoW by 333% from $319 to $1K.
  • xcDOT’s borrow balance decreased WoW by 13% from $381K to $332K.
  • WBTC.wh’s supply balance increased WoW by 2% from $106K to $108K.
  • FRAX’s supply balance decreased WoW by 12% from $49K to $43K.
  • WBTC.wh’s utilization increased WoW by 324% from 0% to 1%.
  • xcDOT’s utilization decreased WoW by 9% from 13% to 11%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mUSDC.wh 1.52 $1.52

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 63.56% 99.93K 79.51% $332.43K
WMOVR 4.00K 99.99% 127.96K 3.13% $129.64K

Top Movers

  • xcKSM’s borrow balance increased WoW by 27% from $132K to $166K.
  • WMOVR’s borrow balance decreased WoW by 7% from $32K to $30K.
  • FRAX’s supply balance increased WoW by 39% from $85K to $118K.
  • WMOVR’s supply balance decreased WoW by 8% from $1M to $947K.
  • xcKSM’s utilization increased WoW by 12% from 42% to 47%.
  • FRAX’s utilization decreased WoW by 28% from 94% to 68%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mMOVR 201.49 $1.68K

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.