[Gauntlet] Weekly V3 Optimism Market Update

[Gauntlet] V3 Optimism Market Weekly: (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 $20.00M $25.00M 22.62% 20.61% 1.81M $1.81M
DAI $16.00M $25.00M 19.34% 13.91% 2.06M $2.06M
USDT $16.00M $25.00M 35.54% 25.75% 1.91M $1.91M
USDC.e $15.50M $18.00M 91.91% 89.36% 2.40M $2.40M
sUSD $13.00M $20.00M 42.79% 35.84% 2.11M $2.11M
LUSD $1.21M $3.00M 10.11% 5.02% 1.24M $1.24M
OP $1.00M $10.00M 60.71% 54.69% 701.19K $2.08M
LINK $84.00K $235.00K 14.98% 76.40% 26.32K $452.07K
WETH $19.75K $35.90K 44.59% 46.44% 1.07K $2.46M
wstETH $1.50K $34.50K 28.28% 47.67% 814.71 $2.17M
rETH $720.00 $6.00K 2.97% 15.71% 792.38 $2.00M
WBTC $250.00 $1.20K 14.01% 50.55% 55.05 $2.37M

Key Interest Rates

Screenshot 2024-02-02 at 4.13.19 PM

Top Movers

  • USDC’s borrow balance increased WoW by 18% from $4M to $5M.
  • MAI’s borrow balance decreased WoW by -78% from $79K to $18K.
  • rETH’s supply balance increased WoW by 38% from $2M to $2M.
  • MAI’s supply balance decreased WoW by -74% from $180K to $46K.
  • LUSD’s utilization increased WoW by 8% from 77% to 83%.
  • rETH’s utilization decreased WoW by -20% from 3% to 2%.

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

[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 20.00M 25.00M 24.26% 21.63% 89.72% $1.92M
DAI 16.00M 25.00M 18.92% 13.45% 90.02% $2.49M
USDT 16.00M 25.00M 35.67% 26.35% 86.64% $1.92M
USDC.e 15.50M 18.00M 89.81% 84.95% 91.04% $2.59M
sUSD 13.00M 20.00M 42.32% 36.68% 75.01% $2.24M
LUSD 1.21M 3.00M 9.16% 5.00% 73.89% $1.12M
OP 1.00M 10.00M 54.02% 55.40% 9.75% $2.44M
LINK 84.00K 235.00K 15.07% 68.69% 7.84% $340.55K
WETH 19.75K 35.90K 49.30% 45.47% 59.64% $2.55M
wstETH 1.50K 34.50K 32.23% 47.78% 2.93% $2.12M
rETH 720.00 6.00K 3.05% 19.69% 1.86% $2.02M
WBTC 250.00 1.20K 13.66% 50.89% 5.59% $2.36M

Key Interest Rates Trend

Screenshot 2024-02-09 at 3.37.08 PM

Top Movers

  • OP’s borrow balance increased WoW by 18% from $2M to $2M.
  • MAI’s borrow balance decreased WoW by -47% from $18K to $9K.
  • rETH’s supply balance increased WoW by 40% from $2M to $3M.
  • DAI’s supply balance decreased WoW by -6% from $4M to $3M.
  • WETH’s utilization increased WoW by 17% from 54% to 64%.
  • MAI’s utilization decreased WoW by -47% from 39% to 21%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
WBTC 0.15 $6.60K
OP 150.08 $446.69
LINK 4.42 $82.42
WETH 0.03 $73.64
USDC 51.19 $51.19

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 20.00M 25.00M 27.11% 23.96% 90.55% $983.12K
DAI 16.00M 25.00M 20.51% 14.31% 91.75% $1.21M
USDT 16.00M 25.00M 39.65% 28.03% 90.53% $2.24M
USDC.e 15.50M 18.00M 90.47% 86.68% 89.87% $1.40M
sUSD 13.00M 20.00M 50.18% 39.74% 82.07% $930.50K
LUSD 1.21M 3.00M 9.33% 4.55% 82.61% $1.26M
OP 1.00M 10.00M 55.52% 55.21% 10.06% $1.33M
LINK 84.00K 235.00K 15.34% 67.79% 8.09% $323.89K
WETH 19.75K 35.90K 51.34% 45.28% 62.35% $1.62M
wstETH 1.50K 34.50K 23.71% 47.66% 2.16% $1.37M
rETH 720.00 6.00K 3.67% 21.22% 2.08% $737.27K
WBTC 250.00 1.20K 14.89% 52.82% 5.87% $1.12M

Top Movers

  • WBTC’s borrow balance increased WoW by 37% from $2M to $2M.
  • LUSD’s borrow balance decreased WoW by -4% from $115K to $111K.
  • WETH’s supply balance increased WoW by 23% from $38M to $46M.
  • LUSD’s supply balance decreased WoW by -3% from $139K to $135K.
  • WBTC’s utilization increased WoW by 14% from 6% to 6%.
  • OP’s utilization decreased WoW by -12% from 10% to 9%.

Key Interest Rates

Key Interest Rates

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
USDC 3.39K $3.39K
DAI 2.86K $2.86K
WETH 0.09 $249.53
OP 30.70 $109.55
LINK 0.34 $6.75

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

This topic was automatically closed 30 days after the last reply. New replies are no longer allowed.