[Gauntlet] V3 Arbitrum Market - (2024-01-26 through 2024-02-01)
Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market. At this time, we do not recommend any parameter updates, but will keep the community informed.
Summary
This table gives high-level statistics over the time frame in question. Bold lines correspond to weekly average supply cap usage over 75%.
Asset
Current Borrow Cap
Current Supply Cap
Average Borrow Cap Usage (Past Week)
Average Supply Cap Usage (Past Week)
Current DEX 25% Slippage (Tokens)
Current DEX 25% Slippage (USD)
USDC
$120.00M
$128.00M
46.85%
49.09%
36.18M
$36.18M
USDT
$35.00M
$50.00M
50.00%
38.75%
15.80M
$15.79M
DAI
$30.00M
$50.00M
21.98%
14.65%
8.34M
$8.33M
USDC.e
$24.00M
$26.00M
67.16%
68.90%
60.62M
$60.62M
ARB
$16.50M
$40.00M
9.66%
54.68%
12.67M
$22.60M
FRAX
$5.50M
$7.00M
2.10%
2.01%
4.78M
$4.77M
LUSD
$1.80M
$2.20M
45.55%
49.66%
1.03M
$1.03M
LINK
$484.49K
$1.80M
17.85%
86.24%
463.80K
$7.97M
WETH
$40.00K
$70.00K
67.78%
65.48%
74.98K
$172.71M
wstETH
$2.40K
$60.00K
14.03%
63.00%
4.99K
$13.28M
rETH
$1.36K
$5.10K
6.41%
47.92%
3.91K
$9.89M
WBTC
$1.11K
$4.20K
9.12%
43.80%
810.38
$34.89M
Key Interest Rates Trend
Top Movers
LINK’s borrow balance increased WoW by 58% from $1M to $2M.
rETH’s borrow balance decreased WoW by -64% from $349K to $125K.
LINK’s supply balance increased WoW by 31% from $21M to $27M.
LUSD’s supply balance decreased WoW by -14% from $1M to $1M.
LINK’s utilization increased WoW by 21% from 6% to 7%.
rETH’s utilization decreased WoW by -63% from 6% to 2%.
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.
[Gauntlet] Weekly Market Update - (2024-02-02 through 2024-02-08)
Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market. At this time, we do not recommend any parameter updates, but will keep the community informed.
Summary
Note:
Gauntlet has decided to withhold its recommendation to increase the supply cap for LINK considering its liquidity limit on DEX.
This table gives high-level statistics over the time frame in question. Bold lines correspond to weekly average supply 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
120.00M
128.00M
46.63%
49.79%
87.80%
$21.87M
USDT
35.00M
50.00M
55.07%
42.83%
90.00%
$14.36M
DAI
30.00M
50.00M
21.89%
15.56%
84.43%
$8.32M
USDC.e
24.00M
26.00M
66.27%
67.85%
90.16%
$44.28M
ARB
16.50M
40.00M
9.11%
61.87%
6.07%
$30.65M
FRAX
5.50M
7.00M
2.94%
2.75%
83.97%
$7.92M
LUSD
1.80M
2.20M
41.15%
43.59%
77.25%
$399.12K
LINK
484.49K
1.80M
25.84%
84.99%
8.18%
$6.69M
WETH
40.00K
70.00K
72.44%
65.24%
63.45%
$38.61M
wstETH
2.40K
60.00K
17.17%
64.24%
1.07%
$9.70M
rETH
1.36K
5.10K
3.23%
47.08%
1.83%
$10.45M
WBTC
1.11K
4.20K
9.54%
44.59%
5.68%
$28.40M
Key Interest Rates Trend
This week’s USDC variable borrow rates trend support the rationale of keeping current Slope1 parameters.
Top Movers
wstETH’s borrow balance increased WoW by 51% from $989K to $1M.
EURS’s borrow balance decreased WoW by -29% from $39K to $28K.
ARB’s supply balance increased WoW by 16% from $41M to $47M.
LUSD’s supply balance decreased WoW by -12% from $1M to $899K.
wstETH’s utilization increased WoW by 43% from 1% to 1%.
EURS’s utilization decreased WoW by -28% from 78% to 56%.
Liquidations
Liquidated Asset
Liquidated Amount (Tokens)
Liquidated Amount (USD)
LINK
2.12K
$38.34K
USDC
20.93K
$20.93K
WETH
1.97
$4.55K
ARB
1.35K
$2.43K
WBTC
0.01
$537.04
WSTETH
0.14
$368.22
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.
[Gauntlet] Weekly Market Update - (2024-02-09 through 2024-02-15)
Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market. At this time, we do not recommend any parameter updates, but will keep the community informed.
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
120.00M
128.00M
49.87%
51.51%
90.78%
$17.33M
USDT
35.00M
50.00M
57.77%
44.15%
91.59%
$23.69M
DAI
30.00M
50.00M
23.51%
15.57%
90.60%
$9.41M
USDC.e
24.00M
26.00M
67.56%
68.72%
90.76%
$21.93M
ARB
16.50M
40.00M
8.56%
63.41%
5.57%
$23.99M
FRAX
5.50M
7.00M
3.27%
2.81%
91.60%
$7.95M
LUSD
1.80M
2.20M
41.00%
41.10%
81.63%
$187.81K
LINK
484.49K
1.80M
24.72%
87.86%
7.57%
$7.49M
WETH
40.00K
70.00K
76.10%
65.34%
66.55%
$25.77M
wstETH
2.40K
60.00K
20.52%
65.09%
1.26%
$11.42M
rETH
1.36K
5.10K
3.61%
48.65%
1.98%
$10.92M
WBTC
1.11K
4.20K
11.12%
45.49%
6.49%
$16.89M
Top Movers
WBTC’s borrow balance increased WoW by 34% from $5M to $7M.
LINK’s borrow balance decreased WoW by -15% from $2M to $2M.
rETH’s supply balance increased WoW by 22% from $6M to $8M.
FRAX’s supply balance decreased WoW by -6% from $197K to $184K.
WBTC’s utilization increased WoW by 15% from 6% to 7%.
LINK’s utilization decreased WoW by -26% from 8% to 6%.
Key Interest Rates
Liquidations
Liquidated Asset
Liquidated Amount (Tokens)
Liquidated Amount (USD)
USDC
31.50K
$31.50K
WETH
10.28
$26.52K
WBTC
0.09
$4.59K
WSTETH
1.14
$3.50K
DAI
1.72K
$1.72K
LINK
33.02
$661.47
EURS
104.67
$112.07
ARB
53.31
$104.19
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.
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.
