[ARFC] Gauntlet Borrow Cap Recommendation for Arbitrum v3 2023-11-27


Per Gauntlet’s supply and borrow cap methodology, we recommend increasing USDC borrow cap on Arbitrum v3 to 60,000,000.


Market Asset Parameter Current Value Recommended Value
Arbitrum v3 USDC Borrow Cap 41M 60M


The borrow cap for Native USDC surpassed the 75% threshold to 75% usage on Arbitrum Aave V3.


USDC On-Chain Supply

Since Mid-October, the Arbitrum ecosystem has experienced a sizeable gradual growth (72%) in native USDC.

Next Steps

Once we receive feedback from @ChaosLabs on the above recommendations, we will move forward with Risk Steward actions.

We support the recommendation above.

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