Gauntlet wants to notify the community that asset BTC.b supply cap utilization is at 100%.
Gauntlet is analyzing and will let the community know of any next steps.
Given 100% cap usage, we wanted to provide an update on MaticX and stMATIC supply cap recommendations, using the latest market data:
The circulating supply of BTC.b on AVAX is 9,616. Aave currently has 5,800K ($129.6M) on the protocol. Given this concentration, Gauntlet does not recommend increasing BTC.b’s supply cap, as we also mention here.
Gauntlet would like to notify the Aave community of a $748k liquidation on Aave V2. The account was using collateral of USDC to borrow WETH.
In particular, no insolvency occurred from this liquidation event.
We want to notify the community of a large whale position near liquidation on Aave v2 ETH. This user has a health factor of 1.01 with an outstanding borrow position of $14.3M in WBTC. We notified the community of this account last month via this forum post. We are continuing to monitor, but we wanted to share this information about the client:
Health Factor:1.01
Token Supply Balances since Feb 1st. The user has reduced their position in USDC since the non-parity event.
The user is very active with their position.
Gauntlet would like to notify the Aave community of a $7.5M liquidation on Aave V2. The account was using stETH collateral to borrow WBTC.
In particular, no insolvency occurred from this liquidation event.
Gauntlet is notifying the community about the asset EURS having utilization above 95%.
Gauntlet is analyzing and will let the community know of any next steps.
Gauntlet wants to notify the community that asset SUSHI borrow cap usage is at 76%.
Gauntlet will continue to monitor the market. The cap utilization was recently near full utilization but dropped below the 75% threshold. We continue to recommend no increase in SUSHI’s borrow cap as posted in the forum on March 3rd.
Gauntlet wants to notify the community that asset stMATIC supply cap usage is 77%.
The cap utilization was recently at full utilization but the supply cap was increased to 15M on March 15th. Gauntlet will continue to monitor the market and make further recommendations.
Gauntlet would like to notify the community of a $172k liquidation on Arbitrum v3 market. The account’s LINK collateral was liquidated to repay USDC.
In particular, no insolvency occurred from this liquidation event.
Gauntlet wants to notify the community that asset wstETH supply cap usage is at 75.62%. Our team is looking into it and will let you know if any next steps.
We would like to inform you that the utilization rates for WAVAX’s supply cap and borrow cap on Avalanche Aave v3 are currently at 78% and 100%, respectively. The assets caps were recently adjusted downward. Our team is looking into it and will let you know if any next steps.
As a follow-up from this notification: we do not recommend increasing the supply cap at this time in light of the Shanghai upgrade. However, given liquidity considerations (namely circulating supply and DEX concentration), we will revisit immediately post-upgrade on April 12th.
