[Gauntlet] Weekly V3 Avalanche Market Update

[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

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 90.00M 170.00M 36.79% 21.70% 89.77% $2.71M
USDT 80.00M 100.00M 18.88% 16.77% 90.04% $4.66M
DAI.e 17.00M 17.00M 20.84% 23.13% 90.10% $1.57M
WAVAX 3.60M 5.70M 34.53% 50.39% 43.28% $2.71M
FRAX 1.00M 1.50M 1.40% 1.03% 90.47% $56.63K
LINK.e 220.00K 440.00K 6.58% 47.57% 6.92% $135.61K
WETH.e 20.50K 38.00K 10.93% 32.22% 18.30% $2.04M
BTC.b 900.00 3.00K 2.43% 47.63% 1.53% $1.95B

Key Interest Rates Trend

Screenshot 2024-02-09 at 3.39.24 PM

Top Movers

  • FRAX’s borrow balance increased WoW by 23% from $11K to $14K.
  • BTC.b’s borrow balance decreased WoW by -25% from $1M to $836K.
  • BTC.b’s supply balance increased WoW by 9% from $61M to $66M.
  • FRAX’s supply balance decreased WoW by -9% from $17K to $15K.
  • FRAX’s utilization increased WoW by 35% from 67% to 91%.
  • BTC.b’s utilization decreased WoW by -31% from 2% to 1%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
DAI 2.14K $2.14K
USDC 476.21 $476.23
WAVAX 1.85 $67.56

Weekly Annualized Reserve and Interest Projections

Interest and Reserves Projections

Supply Cap Usage Trend

This graph shows the supply cap usage (supply / supply cap) of all assets over the time frame in question.

Supply Cap Usage

Borrow Cap Usage Trend

This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question.

Borrow Cap Usage

[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 90.00M 170.00M 37.26% 21.91% 90.01% $947.86K
USDT 80.00M 100.00M 19.35% 17.01% 90.99% $6.25M
DAI.e 17.00M 17.00M 20.61% 22.63% 91.09% $636.53K
WAVAX 3.60M 5.70M 33.08% 50.65% 41.24% $959.09K
FRAX 1.00M 1.50M 1.40% 1.05% 88.69% $91.47K
LINK.e 220.00K 440.00K 6.32% 49.03% 6.45% $154.02K
WETH.e 20.50K 38.00K 11.44% 31.55% 19.56% $912.46K
BTC.b 900.00 3.00K 2.22% 47.48% 1.40% $920.29K

Top Movers

  • BTC.b’s borrow balance increased WoW by 50% from $836K to $1M.
  • LINK.e’s borrow balance decreased WoW by -73% from $308K to $85K.
  • WAVAX’s supply balance increased WoW by 19% from $101M to $120M.
  • FRAX’s supply balance decreased WoW by -5% from $15K to $14K.
  • BTC.b’s utilization increased WoW by 31% from 1% to 2%.
  • LINK.e’s utilization decreased WoW by -76% from 8% to 2%.

Key Interest Rates

Key Interest Rates

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
USDC 17.84K $17.84K
DAI 4.40K $4.40K
BTC.B 0.02 $1.08K
WBTC 0.01 $747.10
WETH 0.01 $37.10
WAVAX 0.48 $19.30

Weekly Annualized Reserve and Interest Projections

Interest and Reserves 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.

Supply

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.

Borrows

Utilization Trend

This graph shows the utilization (borrow / supply) of all assets over the time frame in question.

Utilization

Supply Cap Usage Trend

This graph shows the supply cap usage (supply / supply cap) of all assets over the time frame in question.

Supply Cap Usage

Borrow Cap Usage Trend

This graph shows the borrow cap usage (borrow / borrow cap) of all assets over the time frame in question.

Borrow Cap Usage