[Gauntlet] Weekly Market Updates

[Gauntlet] Weekly Market Update - (2025-05-26 through 2025-06-01)

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 49.63% 50.82% 89.84% $683.38K
WELL 75.00M 150.00M 31.44% 59.64% 26.36% $2.34M
AERO 25.00M 70.00M 41.06% 35.80% 40.96% $9.57M
EURC 21.00M 21.90M 11.87% 18.82% 60.45% $495.62K
VIRTUAL 2.30M 4.50M 27.64% 26.75% 52.83% $5.42M
MORPHO 1.00M 4.00M 48.33% 55.04% 21.96% $277.06K
USDS 690.00K 750.00K 1.49% 1.91% 71.85% $51.25K
DAI 300.00K 400.00K 7.30% 9.09% 60.25% $121.24K
WETH 64.00K 96.00K 35.31% 28.88% 81.51% $24.21M
cbETH 6.40K 16.00K 2.54% 16.96% 5.99% $1.86M
wstETH 4.80K 14.40K 4.02% 31.29% 4.28% $817.65K
rETH 900.00 2.60K 2.61% 50.68% 1.78% $2.53M
weETH 700.00 4.00K 5.22% 50.31% 1.82% $1.56M
cbBTC 640.00 1.50K 16.33% 44.89% 15.52% $13.70M
wrsETH 430.00 1.00K 0.36% 28.58% 0.55% $23.90K
LBTC 38.00 95.00 22.73% 47.73% 19.04% $6.01K
tBTC 36.00 90.00 14.83% 13.98% 42.43% $1.25M
USDbC 1.00 1.00 156.55K% 1.46M% 10.70% $893.79K

Top Movers

  • wstETH’s borrow balance increased WoW by 132% from $255K to $591K.
  • cbETH’s borrow balance decreased WoW by 83% from $2M to $350K.
  • WELL’s supply balance increased WoW by 18% from $3M to $3M.
  • tBTC’s supply balance decreased WoW by 24% from $2M to $1M.
  • wstETH’s utilization increased WoW by 164% from 2% to 4%.
  • cbETH’s utilization decreased WoW by 83% from 27% to 5%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mLBTC 7.32 $791.01K
mAERO 78.58K $42.94K
mUSDC 36.35K $36.34K
mWETH 9.75 $25.31K
mVIRTUAL 4.91K $10.46K
mcbBTC 0.03 $3.04K
mwstETH 0.37 $1.15K
mtBTC 0.00 $223.12
mWELL 4.05K $161.98
mEURC 40.32 $45.74
mrETH 0.00 $4.99

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 22.17% 11.41M 66.06% $271.78M
VELO 20.00M 8.69% 36.78M 4.73% $412.60K
USDT 18.40M 1.63% 484.50K 62.00% $1.43B
USD₮0 13.50M 43.19% 15.83M 36.83% $3.54M
DAI 4.50M 5.73% 317.41K 81.29% $6.66M
OP 650.00K 12.88% 1.77M 4.74% $9.30M
WETH 30.00K 34.73% 11.54K 90.32% $8.02M
wstETH 1.50K 4.22% 968.12 6.54% $258.14K
rETH 340.00 3.50% 99.21 11.99% $7.81K
wrsETH 160.00 1.83% 37.98 7.70% $12.36K
weETH 110.00 67.23% 833.62 8.87% $349.27K
cbETH 0.10 0.45% 0.90 0.05% $50.63K
WBTC 0.00 3.19K% 0.07 4.46% $8.86M
VELO 0.00 0.00% 0.00 0.00% $412.60K

Top Movers

  • USDT’s borrow balance decreased WoW by 51% from $607K to $298K.
  • USDT0’s supply balance increased WoW by 40% from $12M to $17M.
  • USDT’s supply balance decreased WoW by 31% from $713K to $492K.
  • USDT’s utilization decreased WoW by 29% from 85% to 61%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mVELO 415.44K $20.66K
mWETH 1.93 $5.04K
mUSDT0 2.07K $2.07K
mOP 715.81 $450.45

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)
FRAX 0.10 735.51K% 57.03K 1.29% $1.40M
WETH.wh 0.10 2.41K% 43.44 5.55% $8.02M
WGLMR 0.10 6.37B% 12.93M 49.27% $3.27K
WBTC.wh 0.10 24.34% 0.97 2.51% $8.86M
USDC.wh 0.10 86.59M% 80.32K 107.81% $271.78M
xcUSDC 0.10 182.08M% 324.97K 56.03% $271.78M

Top Movers

  • WBTC.wh’s borrow balance increased WoW by 174% from $1K to $4K.
  • xcDOT’s borrow balance decreased WoW by 22% from $339K to $264K.
  • FRAX’s supply balance increased WoW by 19% from $52K to $62K.
  • USDC.wh’s supply balance decreased WoW by 61% from $190K to $74K.
  • WBTC.wh’s utilization increased WoW by 203% from 1% to 4%.
  • FRAX’s utilization decreased WoW by 16% from 1% to 1%.
  • No asset has supply or borrow cap usage above 75%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
mDOT 1.41K $5.97K
mGLMR 19.03K $1.68K
mxcUSDC 1.50K $1.50K
mxcUSDT 1.05K $1.05K
mUSDC.wh 660.92 $660.82
mFRAX 32.96 $32.94
mWBTC.wh 0.00 $4.01

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)
WMOVR 0.10 3.81M% 127.70K 2.98% $231.62K
FRAX 0.10 78.87M% 104.81K 75.26% $1.40M

Top Movers

  • xcKSM’s borrow balance decreased WoW by 12% from $157K to $139K.
  • xcKSM’s supply balance decreased WoW by 12% from $334K to $295K.
  • FRAX’s utilization decreased WoW by 1% from 75% to 75%.
  • No asset has supply or borrow cap usage above 75%.

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.