[Gauntlet] Weekly V3 Polygon 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)
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