[Gauntlet] Weekly Market Update - (2024-11-18 through 2024-11-24)
Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.
Base
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 | 31.09% | 31.35% | 91.24% | $2.68M |
| AERO | 25.00M | 70.00M | 46.39% | 38.16% | 43.42% | $2.85M |
| EURC | 21.00M | 21.90M | 28.95% | 31.69% | 87.60% | $1.16M |
| DAI | 300.00K | 400.00K | 54.28% | 60.00% | 67.84% | $348.87K |
| USDbC | 100.00K | 110.00K | 62.09% | 52.95% | 106.60% | $2.37M |
| WETH | 64.00K | 96.00K | 55.59% | 48.72% | 76.06% | $2.57M |
| cbETH | 6.40K | 16.00K | 34.48% | 46.22% | 29.84% | $1.81M |
| wstETH | 4.80K | 14.40K | 35.31% | 64.52% | 18.24% | $986.48K |
| cbBTC | 640.00 | 1.50K | 59.05% | 57.75% | 43.63% | $2.54M |
| rETH | 450.00 | 1.20K | 72.59% | 95.05% | 28.64% | $776.93K |
| wrsETH | 430.00 | 1.07K | 40.14% | 56.69% | 28.32% | $51.33K |
| weETH | 350.00 | 2.80K | 66.03% | 48.46% | 17.03% | $2.17M |
Top Movers
- cbETH’s borrow balance increased WoW by 19% from $7M to $8M.
- DAI’s borrow balance decreased WoW by 21% from $189K to $148K.
- weETH’s supply balance increased WoW by 64% from $3M to $6M.
- DAI’s supply balance decreased WoW by 22% from $294K to $230K.
- AERO’s utilization increased WoW by 15% from 42% to 48%.
- weETH’s utilization decreased WoW by 34% from 20% to 13%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mAERO | 132.18K | $172.83K |
| mcbBTC | 0.24 | $23.57K |
| mwstETH | 5.97 | $23.07K |
| mWETH | 2.24 | $7.59K |
| mUSDC | 3.38K | $3.38K |
| mrETH | 0.39 | $1.45K |
| mEURC | 1.15K | $1.21K |
| mcbETH | 0.15 | $529.97 |
| mDAI | 10.25 | $10.25 |
Weekly Annualized Reserve and Interest Projections
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 | 42.85% | 16.10M | 90.49% | $189.57M |
| USDT | 18.40M | 30.22% | 6.16M | 90.19% | $2.38B |
| VELO | 8.00M | 83.64% | 24.94M | 26.83% | $243.22K |
| DAI | 4.50M | 55.22% | 2.79M | 89.05% | $9.67M |
| OP | 650.00K | 38.95% | 1.33M | 18.97% | $13.97M |
| WETH | 9.50K | 56.79% | 6.15K | 87.73% | $28.34M |
| wstETH | 1.50K | 35.62% | 2.28K | 23.40% | $1.07M |
| rETH | 340.00 | 37.58% | 364.16 | 35.09% | $564.42K |
| wrsETH | 160.00 | 40.93% | 258.83 | 25.30% | $16.26K |
| weETH | 110.00 | 50.30% | 219.53 | 25.20% | $985.12K |
| WBTC | 0.50 | 28.68% | 10.47 | 1.37% | $8.97M |
| cbETH | 0.10 | 0.16% | 2.00 | 0.01% | $598.93K |
| VELO | 0.00 | 0.00% | 0.00 | 0.00% | $243.22K |
Top Movers
- wrsETH’s borrow balance increased WoW by 15% from $201K to $232K.
- WBTC’s borrow balance decreased WoW by 46% from $13K to $7K.
- weETH’s supply balance increased WoW by 46% from $620K to $908K.
- wstETH’s supply balance decreased WoW by 8% from $9M to $8M.
- rETH’s utilization increased WoW by 12% from 34% to 38%.
- WBTC’s utilization decreased WoW by 44% from 1% to 1%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mVELO | 81.68K | $7.23K |
| mUSDC | 272.58 | $272.56 |
| mWETH | 0.01 | $22.47 |
| mOP | 3.22 | $5.54 |
| mDAI | 0.23 | $0.23 |
Weekly Annualized Reserve and Interest Projections
Protocol Growth
To see updated statistics, please see the live version of this graph here.
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 | 85.42% | 126.41K | 84.46% | $3.03M |
| WMOVR | 4.00K | 99.81% | 120.16K | 3.32% | $1.02M |
Top Movers
- xcKSM’s borrow balance increased WoW by 88% from $136K to $255K.
- xcKSM’s supply balance increased WoW by 58% from $599K to $944K.
- xcKSM’s utilization increased WoW by 19% from 23% to 27%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mxcKSM | 488.53 | $14.31K |
| mMOVR | 124.15 | $1.83K |
| mFRAX | 1.41K | $1.41K |
Weekly Annualized Reserve and Interest Projections
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 | 10.00M | 66.26% | 16.65M | 39.80% | $73.45K |
| USDC.wh | 800.00K | 52.67% | 600.29K | 70.20% | $189.57M |
| xcUSDC | 750.00K | 61.07% | 681.65K | 67.19% | $189.57M |
| xcUSDT | 750.00K | 46.68% | 493.59K | 70.93% | $23.20K |
| xcDOT | 120.00K | 98.61% | 713.46K | 16.59% | $121.47K |
| FRAX | 60.00K | 51.36% | 75.77K | 40.68% | $3.03M |
| WETH.wh | 30.00 | 91.28% | 202.44 | 13.53% | $28.34M |
| WBTC.wh | 0.75 | 54.03% | 4.18 | 9.70% | $8.97M |
Top Movers
- xcUSDC’s borrow balance increased WoW by 55% from $349K to $541K.
- WBTC.wh’s borrow balance decreased WoW by 13% from $41K to $36K.
- xcDOT’s supply balance increased WoW by 30% from $4M to $5M.
- xcUSDT’s supply balance decreased WoW by 9% from $551K to $502K.
- xcUSDC’s utilization increased WoW by 31% from 53% to 70%.
- WETH.wh’s utilization decreased WoW by 26% from 15% to 11%.
Liquidations
| Liquidated Asset | Liquidated Amount (Tokens) | Liquidated Amount (USD) |
|---|---|---|
| mxcUSDT | 35.39K | $35.42K |
| mGLMR | 63.77K | $14.03K |
| mUSDC.wh | 4.52K | $4.52K |
| mWBTC.wh | 0.03 | $2.76K |
| mFRAX | 1.07K | $1.07K |
| mDOT | 31.68 | $266.81 |
Weekly Annualized Reserve and Interest Projections
Borrow Cap Usage Trend
This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question.
