[Gauntlet] Weekly V3 Polygon Market Update

[Gauntlet] V3 Polygon 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)
WMATIC $67.00M $105.00M 39.69% 53.77% 9.64M $7.82M
USDC $45.00M $50.00M 14.51% 14.50% 4.46M $4.46M
USDC.e $43.50M $48.00M 83.01% 83.90% 14.18M $14.18M
USDT $30.00M $45.00M 68.61% 51.00% 4.22M $4.22M
DAI $30.00M $45.00M 40.70% 30.14% 7.71M $7.71M
MaticX $5.20M $62.00M 2.92% 96.31% 3.98M $3.55M
EURS $1.50M $4.00M 33.98% 16.04% None $None
CRV $300.00K $1.40M 27.21% 100.00% 356.68K $159.08K
BAL $290.00K $361.00K 24.68% 89.61% 50.42K $181.09K
agEUR $250.00K $300.00K 41.91% 44.39% 183.82K $199.89K
GHST $220.00K $4.65M 11.48% 45.06% 1.03M $950.10K
SUSHI $180.00K $299.32K 47.08% 99.72% 91.50K $96.95K
LINK $163.70K $668.00K 28.34% 74.25% 360.14K $6.19M
WETH $14.79K $50.00K 40.52% 51.61% 4.84K $11.15M
WBTC $851.00 $3.10K 7.33% 50.58% 288.75 $12.44M
DPI $779.00 $1.42K 19.66% 90.51% 89.72 $8.53K
wstETH $570.00 $4.37K 31.18% 99.99% 109.62 $291.80K

Key Interest Rates Trend

Screenshot 2024-02-02 at 4.08.04 PM

Top Movers

  • LINK’s borrow balance increased WoW by 22% from $686K to $839K.
  • CRV’s borrow balance decreased WoW by -22% from $37K to $29K.
  • LINK’s supply balance increased WoW by 27% from $7M to $8M.
  • USDC.e’s supply balance decreased WoW by -2% from $41M to $40M.
  • SUSHI’s utilization increased WoW by 18% from 26% to 30%.
  • CRV’s utilization decreased WoW by -21% from 6% to 5%.

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)
WMATIC 67.00M 105.00M 43.69% 55.43% 50.29% $9.41M
USDC 45.00M 50.00M 15.03% 14.98% 90.26% $5.26M
USDC.e 43.50M 48.00M 82.21% 81.98% 90.88% $12.01M
DAI 30.00M 45.00M 42.62% 32.29% 87.98% $6.54M
USDT 30.00M 45.00M 70.27% 51.74% 90.55% $4.49M
MaticX 5.20M 62.00M 3.22% 98.57% 0.27% $4.09M
agEUR 250.00K 300.00K 41.95% 45.76% 76.38% $167.16K
GHST 220.00K 4.65M 11.48% 45.66% 1.19% $968.68K
LINK 163.70K 668.00K 33.59% 73.98% 11.13% $4.74M
WETH 14.79K 50.00K 41.13% 52.06% 23.38% $11.64M
WBTC 851.00 3.10K 7.11% 51.54% 3.78% $8.98M
wstETH 570.00 4.37K 34.64% 100.00% 4.52% $346.08K

Key Interest Rates Trend

Screenshot 2024-02-09 at 3.27.07 PM

Top Movers

  • DPI’s borrow balance increased WoW by 56% from $15K to $23K.
  • BAL’s borrow balance decreased WoW by -7% from $258K to $239K.
  • WBTC’s supply balance increased WoW by 10% from $68M to $75M.
  • EURS’s supply balance decreased WoW by -6% from $700K to $660K.
  • DPI’s utilization increased WoW by 63% from 12% to 19%.
  • WBTC’s utilization decreased WoW by -11% from 4% to 4%.

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
WBTC 0.36 $15.48K
WETH 5.48 $12.73K
USDC 12.34K $12.34K
WMATIC 13.76K $10.79K
DAI 403.29 $403.27
stMATIC 257.27 $219.41
AAVE 1.00 $83.66
CRV 25.28 $11.66
GHST 7.05 $6.29

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 - (2024-02-09 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)
WMATIC 67.00M 105.00M 43.69% 56.26% 49.56% $6.65M
USDC 45.00M 50.00M 18.45% 18.19% 91.28% $4.20M
USDC.e 43.50M 48.00M 80.40% 80.35% 90.68% $11.68M
DAI 30.00M 45.00M 44.48% 32.66% 90.79% $2.77M
USDT 30.00M 45.00M 71.38% 52.24% 91.10% $5.64M
MaticX 5.20M 62.00M 3.51% 99.63% 0.30% $3.63M
EURS 1.50M 4.00M 33.33% 15.16% 82.44% $126.15K
agEUR 250.00K 300.00K 41.97% 45.23% 77.34% $76.71K
GHST 220.00K 4.65M 11.47% 46.02% 1.18% $1.01M
LINK 163.70K 668.00K 27.28% 74.21% 9.01% $4.50M
WETH 14.79K 50.00K 42.57% 52.53% 23.98% $68.76M
WBTC 851.00 3.10K 7.38% 53.57% 3.78% $1.10B
wstETH 570.00 4.37K 43.77% 100.00% 5.71% $382.50K

Top Movers

  • WBTC’s borrow balance increased WoW by 57% from $3M to $4M.
  • LINK’s borrow balance decreased WoW by -63% from $1M to $377K.
  • USDC’s supply balance increased WoW by 28% from $8M to $10M.
  • miMATIC’s supply balance decreased WoW by -5% from $147K to $139K.
  • WBTC’s utilization increased WoW by 36% from 4% to 5%.
  • LINK’s utilization decreased WoW by -67% from 11% to 4%.

Key Interest Rates

Key Interest Rates

Liquidations

Liquidated Asset Liquidated Amount (Tokens) Liquidated Amount (USD)
USDC 20.50K $20.50K
WETH 4.25 $10.57K
WBTC 0.12 $5.60K
WMATIC 1.77K $1.49K
DAI 213.26 $213.26
AAVE 0.16 $14.33
CRV 2.12 $1.07

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