[Gauntlet] Weekly Market Updates

[gauntlet]

[Gauntlet] Weekly Market Update - (2024-08-27 through 2024-09-02)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

Notes:

1. USDC utilization has recently fallen below 80%. Gauntlet advises a prompt review of the interest rate curve to help restore utilization to its optimal level.
2. WETH utilization has been trending downward recently. Gauntlet recommends reviewing the interest rate curve and considering additional growth strategies to enhance utilization.

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	84.00M	90.00M	29.96%	35.26%	79.29%	$1.66M
USDbC	15.00M	35.00M	2.98%	2.10%	60.74%	$2.09M
AERO	5.50M	11.00M	21.05%	19.47%	54.06%	$1.80M
DAI	900.00K	1.00M	3.97%	4.49%	79.62%	$275.20K
WETH	8.00K	20.00K	35.53%	24.34%	58.39%	$1.70M
cbETH	1.60K	3.20K	0.73%	6.33%	5.75%	$1.44M
wstETH	400.00	800.00	0.40%	30.60%	0.66%	$1.66M

Top Movers

• USDbC’s borrow balance increased WoW by 4% from $430K to $448K.
• DAI’s borrow balance decreased WoW by 52% from $53K to $25K.
• wstETH’s supply balance increased WoW by 1% from $729K to $735K.
• DAI’s supply balance decreased WoW by 58% from $73K to $31K.
• DAI’s utilization increased WoW by 15% from 72% to 83%.
• wstETH’s utilization decreased WoW by 5% from 1% to 1%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	23.23	$57.99K
USDC	5.28	$5.28

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-09-02 through 2024-09-08)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	27.72%	33.17%	78.01%	$1.50M
USDbC	15.00M	35.00M	2.95%	2.10%	60.15%	$2.32M
AERO	5.50M	11.00M	21.02%	19.44%	54.06%	$1.67M
DAI	900.00K	1.00M	2.48%	2.79%	79.96%	$382.07K
WETH	8.00K	20.00K	31.16%	22.10%	56.41%	$1.50M
cbETH	1.60K	3.20K	0.75%	6.28%	5.94%	$1.17M
wstETH	400.00	800.00	0.46%	36.87%	0.62%	$1.18M

Top Movers

• DAI’s borrow balance decreased WoW by 19% from $26K to $21K.
• wstETH’s supply balance increased WoW by 29% from $703K to $905K.
• WETH’s supply balance decreased WoW by 24% from $12M to $9M.
• WETH’s utilization increased WoW by 8% from 59% to 63%.
• wstETH’s utilization decreased WoW by 27% from 1% to 0%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	4.56	$9.87K
USDC	22.37	$22.37
cbETH	0.00	$3.02
AERO	0.84	$0.43

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-09-09 through 2024-09-15)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	23.47%	28.98%	75.58%	$1.63M
USDbC	15.00M	35.00M	2.48%	2.07%	51.53%	$2.27M
AERO	5.50M	11.00M	13.61%	13.24%	51.40%	$1.67M
DAI	900.00K	1.00M	2.09%	3.36%	56.01%	$221.96K
WETH	8.00K	20.00K	31.37%	18.73%	66.99%	$1.57M
cbETH	1.60K	3.20K	0.73%	5.21%	6.98%	$1.36M
wstETH	400.00	800.00	0.42%	40.09%	0.53%	$1.44M

Top Movers

• wstETH’s borrow balance increased WoW by 8% from $4K to $5K.
• AERO’s borrow balance decreased WoW by 68% from $644K to $206K.
• AERO’s supply balance decreased WoW by 66% from $1M to $386K.
• cbETH’s utilization increased WoW by 64% from 6% to 10%.
• USDbC’s utilization decreased WoW by 25% from 58% to 43%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.01	$30.43
cbETH	0.00	$0.23

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-09-16 through 2024-09-22)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	26.06%	27.48%	88.53%	$2.03M
USDbC	15.00M	35.00M	2.06%	2.02%	43.63%	$2.05M
AERO	5.50M	11.00M	6.15%	5.88%	52.25%	$2.49M
DAI	900.00K	1.00M	1.78%	2.02%	79.25%	$237.56K
WETH	8.00K	20.00K	29.04%	18.47%	62.89%	$2.03M
cbETH	1.60K	3.20K	0.72%	3.70%	9.72%	$1.18M
wstETH	400.00	800.00	0.17%	30.26%	0.28%	$2.01M

Top Movers

• USDC’s borrow balance increased WoW by 56% from $16M to $24M.
• wstETH’s borrow balance decreased WoW by 60% from $5K to $2K.
• USDC’s supply balance increased WoW by 57% from $17M to $28M.
• WETH’s utilization increased WoW by 4% from 62% to 64%.
• wstETH’s utilization decreased WoW by 65% from 1% to 0%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.02	$49.44
cbETH	0.00	$7.87

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-09-23 through 2024-09-29)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	29.38%	32.57%	84.20%	$2.11M
USDbC	15.00M	35.00M	2.04%	2.02%	43.31%	$1.94M
AERO	5.50M	11.00M	6.60%	6.99%	47.25%	$2.67M
DAI	900.00K	1.00M	1.82%	2.69%	60.84%	$188.47K
WETH	8.00K	20.00K	36.94%	19.93%	74.14%	$2.11M
cbETH	1.60K	3.20K	0.72%	3.65%	9.85%	$1.18M
wstETH	400.00	800.00	0.16%	27.02%	0.29%	$1.94M

Top Movers

• AERO’s borrow balance increased WoW by 57% from $285K to $448K.
• AERO’s supply balance increased WoW by 56% from $584K to $908K.
• wstETH’s supply balance decreased WoW by 7% from $740K to $691K.
• WETH’s utilization increased WoW by 21% from 64% to 77%.
• DAI’s utilization decreased WoW by 10% from 68% to 61%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
USDC	8.85K	$8.85K
WETH	0.24	$638.79
USDbC	0.88	$0.88
DAI	0.52	$0.52

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-09-30 through 2024-10-06)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	30.80%	34.66%	82.92%	$1.74M
USDbC	15.00M	35.00M	2.11%	2.02%	44.80%	$2.33M
AERO	5.50M	11.00M	7.94%	8.08%	49.14%	$2.31M
DAI	900.00K	1.00M	1.83%	2.71%	60.96%	$155.14K
WETH	8.00K	20.00K	40.12%	21.07%	76.17%	$1.72M
cbETH	1.60K	3.20K	0.72%	3.69%	9.75%	$1.25M
wstETH	400.00	800.00	0.16%	27.69%	0.28%	$1.72M

Top Movers

• AERO’s borrow balance increased WoW by 29% from $448K to $579K.
• cbETH’s borrow balance decreased WoW by 13% from $34K to $30K.
• AERO’s supply balance increased WoW by 39% from $908K to $1M.
• wstETH’s supply balance decreased WoW by 8% from $691K to $632K.
• USDbC’s utilization increased WoW by 2% from 44% to 45%.
• AERO’s utilization decreased WoW by 7% from 49% to 46%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.05	$127.85

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-10-07 through 2024-10-13)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	31.27%	35.60%	81.99%	$1.81M
USDbC	15.00M	35.00M	2.14%	2.01%	45.75%	$2.49M
AERO	5.50M	11.00M	7.79%	8.97%	43.43%	$2.52M
DAI	900.00K	1.00M	1.85%	2.72%	61.20%	$223.08K
WETH	8.00K	20.00K	40.37%	21.37%	75.57%	$1.79M
cbETH	1.60K	3.20K	0.70%	3.77%	9.32%	$920.95K
wstETH	400.00	800.00	0.16%	31.23%	0.25%	$1.79M

Top Movers

• AERO’s borrow balance increased WoW by 5% from $579K to $611K.
• wstETH’s borrow balance decreased WoW by 2% from $2K to $2K.
• wstETH’s supply balance increased WoW by 21% from $632K to $762K.
• AERO’s supply balance decreased WoW by 2% from $1M to $1M.
• AERO’s utilization increased WoW by 8% from 46% to 49%.
• wstETH’s utilization decreased WoW by 19% from 0% to 0%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WSTETH	1.65	$4.81K
WETH	0.03	$69.55
USDC	11.67	$11.66

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-10-14 through 2024-10-20)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	31.25%	35.49%	82.16%	$2.46M
USDbC	15.00M	35.00M	2.17%	2.00%	46.54%	$2.02M
AERO	5.50M	11.00M	5.51%	5.52%	49.91%	$2.85M
DAI	900.00K	1.00M	1.84%	2.76%	59.89%	$212.62K
WETH	8.00K	20.00K	39.40%	20.81%	75.72%	$2.60M
cbETH	1.60K	3.20K	0.79%	3.61%	10.96%	$632.35K
wstETH	400.00	800.00	0.28%	29.88%	0.47%	$2.47M

Top Movers

• wstETH’s borrow balance increased WoW by 106% from $2K to $4K.
• AERO’s borrow balance decreased WoW by 41% from $611K to $363K.
• WETH’s supply balance increased WoW by 5% from $11M to $11M.
• AERO’s supply balance decreased WoW by 40% from $1M to $738K.
• wstETH’s utilization increased WoW by 120% from 0% to 1%.
• WETH’s utilization decreased WoW by 9% from 75% to 68%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.01	$29.34
USDC	19.14	$19.14

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-10-21 through 2024-10-27)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	31.70%	33.95%	87.16%	$1.93M
USDbC	15.00M	35.00M	2.24%	2.01%	47.90%	$2.59M
AERO	5.50M	11.00M	5.06%	5.31%	47.60%	$2.16M
EURC	2.70M	3.00M	3.20%	3.88%	74.14%	$1.65M
DAI	900.00K	1.00M	1.91%	5.16%	33.25%	$166.09K
WETH	8.00K	20.00K	35.75%	20.67%	69.17%	$2.04M
cbETH	1.60K	3.20K	0.83%	3.40%	12.17%	$1.09M
wstETH	400.00	800.00	0.55%	31.52%	0.87%	$1.72M
cbBTC	20.00	200.00	4.03%	1.20%	33.69%	$1.91M

Top Movers

• wstETH’s borrow balance increased WoW by 118% from $4K to $8K.
• AERO’s borrow balance decreased WoW by 17% from $363K to $301K.
• DAI’s supply balance increased WoW by 105% from $28K to $58K.
• AERO’s supply balance decreased WoW by 17% from $738K to $610K.
• wstETH’s utilization increased WoW by 112% from 1% to 1%.
• DAI’s utilization decreased WoW by 47% from 59% to 31%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.02	$57.51
AERO	26.57	$27.87

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

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.

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]

[Gauntlet] Weekly Market Update - (2024-10-28 through 2024-11-03)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	33.70%	35.21%	89.35%	$2.02M
USDbC	15.00M	35.00M	2.12%	1.22%	74.23%	$3.39M
AERO	5.50M	11.00M	4.46%	4.74%	47.05%	$2.24M
EURC	2.70M	3.00M	9.29%	9.74%	85.83%	$1.67M
DAI	900.00K	1.00M	3.38%	5.72%	53.14%	$308.90K
WETH	8.00K	20.00K	27.82%	16.96%	65.61%	$2.02M
cbETH	1.60K	3.20K	0.83%	3.85%	10.76%	$1.39M
wstETH	400.00	800.00	1.89%	33.88%	2.79%	$2.05M
cbBTC	20.00	200.00	13.06%	3.11%	41.99%	$2.08M

Top Movers

• wstETH’s borrow balance increased WoW by 235% from $8K to $26K.
• WETH’s borrow balance decreased WoW by 66% from $7M to $2M.
• cbBTC’s supply balance increased WoW by 87% from $321K to $600K.
• USDbC’s supply balance decreased WoW by 53% from $702K to $333K.
• wstETH’s utilization increased WoW by 225% from 1% to 3%.
• WETH’s utilization decreased WoW by 29% from 70% to 49%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.01	$26.32
AERO	0.26	$0.34

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-11-04 through 2024-11-10)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	39.18%	40.69%	89.86%	$3.15M
USDbC	15.00M	35.00M	1.37%	0.85%	69.27%	$2.60M
AERO	5.50M	11.00M	4.38%	4.99%	43.89%	$3.32M
EURC	2.70M	3.00M	15.29%	15.58%	88.31%	$2.16M
DAI	900.00K	1.00M	3.52%	5.70%	55.63%	$267.52K
WETH	8.00K	20.00K	14.52%	10.60%	54.80%	$3.17M
cbETH	1.60K	3.20K	0.76%	4.15%	9.13%	$1.66M
wstETH	400.00	800.00	2.97%	34.33%	4.33%	$2.65M
cbBTC	20.00	200.00	26.40%	7.27%	36.33%	$2.72M

Top Movers

• cbBTC’s borrow balance increased WoW by 137% from $212K to $501K.
• USDbC’s borrow balance decreased WoW by 37% from $295K to $186K.
• cbBTC’s supply balance increased WoW by 126% from $600K to $1M.
• USDbC’s supply balance decreased WoW by 13% from $333K to $290K.
• wstETH’s utilization increased WoW by 56% from 3% to 5%.
• USDbC’s utilization decreased WoW by 28% from 88% to 64%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
USDbC	402.82	$402.79
cbETH	0.01	$21.83
WETH	0.00	$8.91
USDC	2.48	$2.48

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-11-11 through 2024-11-17)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	37.73%	39.12%	90.01%	$2.44M
USDbC	15.00M	35.00M	1.07%	0.81%	56.93%	$2.61M
AERO	5.50M	11.00M	4.85%	5.51%	44.04%	$2.64M
EURC	2.70M	3.00M	16.44%	17.01%	87.00%	$1.38M
DAI	900.00K	1.00M	4.07%	6.45%	56.81%	$254.80K
WETH	8.00K	20.00K	14.24%	9.07%	62.80%	$2.39M
cbETH	1.60K	3.20K	0.71%	4.15%	8.51%	$1.71M
wstETH	400.00	800.00	3.90%	34.17%	5.70%	$715.93K
cbBTC	20.00	200.00	33.55%	8.27%	40.55%	$2.39M

Top Movers

• DAI’s borrow balance increased WoW by 31% from $31K to $41K.
• WETH’s borrow balance decreased WoW by 12% from $4M to $3M.
• EURC’s supply balance increased WoW by 31% from $505K to $662K.
• WETH’s supply balance decreased WoW by 17% from $6M to $5M.
• wstETH’s utilization increased WoW by 23% from 5% to 6%.
• AERO’s utilization decreased WoW by 15% from 46% to 39%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.47	$1.45K
USDbC	12.79	$12.78

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-11-18 through 2024-11-24)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	37.26%	38.56%	90.18%	$2.68M
USDbC	15.00M	35.00M	1.28%	0.77%	71.23%	$2.37M
AERO	5.50M	11.00M	4.84%	5.46%	44.33%	$2.85M
EURC	2.70M	3.00M	19.91%	20.39%	87.86%	$1.16M
DAI	900.00K	1.00M	3.45%	3.86%	80.62%	$348.87K
WETH	8.00K	20.00K	13.73%	8.66%	63.46%	$2.58M
cbETH	1.60K	3.20K	0.71%	4.10%	8.62%	$1.81M
wstETH	400.00	800.00	4.39%	36.19%	6.06%	$988.28K
cbBTC	20.00	200.00	31.74%	7.92%	40.07%	$2.54M

Top Movers

• cbBTC’s borrow balance increased WoW by 32% from $560K to $741K.
• DAI’s borrow balance decreased WoW by 23% from $41K to $32K.
• wstETH’s supply balance increased WoW by 17% from $995K to $1M.
• DAI’s supply balance decreased WoW by 48% from $69K to $36K.
• DAI’s utilization increased WoW by 48% from 59% to 88%.
• wstETH’s utilization decreased WoW by 3% from 6% to 6%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.45	$1.42K
USDbC	5.09	$5.09
USDC	3.49	$3.49
cbETH	0.00	$0.59
DAI	0.14	$0.14

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

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]

[Gauntlet] Weekly Market Update - (2024-11-25 through 2024-12-01)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	28.28%	29.13%	90.62%	$2.38M
USDbC	15.00M	35.00M	1.46%	0.75%	83.39%	$2.25M
AERO	5.50M	11.00M	3.73%	4.41%	42.27%	$2.88M
EURC	2.70M	3.00M	23.09%	23.73%	87.56%	$1.43M
DAI	900.00K	1.00M	3.38%	3.54%	85.90%	$120.14K
WETH	8.00K	20.00K	14.57%	8.24%	70.75%	$2.40M
cbETH	1.60K	3.20K	0.70%	4.08%	8.63%	$2.19M
wstETH	400.00	800.00	4.44%	35.48%	6.26%	$1.00M
cbBTC	20.00	200.00	34.31%	8.15%	42.08%	$2.36M

Top Movers

• WETH’s borrow balance increased WoW by 22% from $4M to $4M.
• USDC’s borrow balance decreased WoW by 21% from $30M to $24M.
• EURC’s supply balance increased WoW by 19% from $633K to $753K.
• USDC’s supply balance decreased WoW by 22% from $33M to $26M.
• WETH’s utilization increased WoW by 17% from 64% to 75%.
• DAI’s utilization decreased WoW by 19% from 88% to 71%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
USDbC	352.76	$352.73
USDC	109.35	$109.34
WETH	0.03	$89.59

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-12-02 through 2024-12-08)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	28.79%	29.51%	91.06%	$2.82M
USDbC	15.00M	35.00M	1.57%	0.75%	89.97%	$2.18M
AERO	5.50M	11.00M	2.75%	3.52%	39.05%	$3.30M
EURC	2.70M	3.00M	20.94%	21.40%	88.09%	$1.32M
DAI	900.00K	1.00M	3.38%	3.32%	91.55%	$210.06K
WETH	8.00K	20.00K	15.73%	8.25%	76.26%	$2.90M
cbETH	1.60K	3.20K	0.70%	4.61%	7.61%	$2.65M
wstETH	400.00	800.00	5.60%	38.68%	7.24%	$1.13M
cbBTC	20.00	200.00	38.72%	8.85%	43.76%	$2.86M

Top Movers

• wstETH’s borrow balance increased WoW by 103% from $78K to $157K.
• EURC’s borrow balance decreased WoW by 30% from $679K to $474K.
• cbETH’s supply balance increased WoW by 46% from $528K to $769K.
• EURC’s supply balance decreased WoW by 28% from $753K to $540K.
• wstETH’s utilization increased WoW by 77% from 6% to 11%.
• cbETH’s utilization decreased WoW by 26% from 9% to 6%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
USDC	21.01K	$21.01K
EURC	12.12K	$12.73K
WETH	0.06	$216.00
USDbC	6.01	$6.01
DAI	0.56	$0.56
cbETH	0.00	$0.00

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2024-12-09 through 2024-12-15)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	29.21%	29.78%	91.53%	$2.67M
USDbC	15.00M	35.00M	1.44%	0.72%	86.10%	$2.47M
AERO	5.50M	11.00M	2.09%	3.00%	34.77%	$29.28M
EURC	2.70M	3.00M	18.00%	18.02%	89.90%	$1.10M
DAI	900.00K	1.00M	3.51%	3.53%	89.61%	$217.51K
WETH	8.00K	20.00K	16.89%	8.12%	83.22%	$27.81M
cbETH	1.60K	3.20K	0.73%	5.25%	6.94%	$2.33M
wstETH	400.00	800.00	5.22%	46.71%	5.58%	$1.26M
cbBTC	20.00	200.00	33.74%	7.88%	42.81%	$13.87M

Top Movers

• DAI’s borrow balance increased WoW by 6% from $30K to $31K.
• wstETH’s borrow balance decreased WoW by 46% from $157K to $85K.
• wstETH’s supply balance increased WoW by 24% from $1M to $2M.
• AERO’s supply balance decreased WoW by 11% from $745K to $666K.
• AERO’s utilization increased WoW by 17% from 37% to 43%.
• wstETH’s utilization decreased WoW by 57% from 11% to 5%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	9.74	$34.56K
USDC	0.59	$0.59

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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 Update Schedule

In observance of the US holiday, the Weekly Update will not be published on Monday, December 23, 2024, and Monday, December 30, 2024. Regular updates will resume on Monday, January 6, 2025.

[gauntlet]

[Gauntlet] Weekly Market Update - (2024-12-30 through 2025-01-05)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	29.44%	30.29%	90.74%	$2.18M
USDbC	15.00M	35.00M	1.48%	0.71%	88.62%	$2.67M
AERO	5.50M	11.00M	2.14%	3.04%	35.19%	$22.47M
EURC	2.70M	3.00M	16.49%	16.42%	90.42%	$903.23K
DAI	900.00K	1.00M	3.81%	3.78%	90.78%	$427.10K
WETH	8.00K	20.00K	17.17%	7.93%	86.59%	$29.45M
cbETH	1.60K	3.20K	0.79%	6.79%	5.85%	$1.77M
weETH	450.00	900.00	0.03%	0.29%	5.73%	$2.94M
wstETH	400.00	800.00	7.08%	44.29%	7.99%	$1.04M
cbBTC	20.00	200.00	20.51%	5.02%	40.89%	$14.73M

Top Movers

• weETH’s borrow balance increased WoW by 354% from $73 to $333.
• DAI’s borrow balance decreased WoW by 16% from $39K to $33K.
• USDC’s supply balance increased WoW by 26% from $25M to $32M.
• weETH’s supply balance decreased WoW by 62% from $23K to $9K.
• AERO’s utilization decreased WoW by 11% from 41% to 36%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
WETH	0.00	$1.15
USDC	1.10	$1.10

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2025-01-06 through 2025-01-12)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	34.39%	35.55%	90.29%	$1.84M
USDbC	15.00M	35.00M	1.51%	0.72%	90.04%	$3.18M
AERO	5.50M	11.00M	2.47%	3.29%	37.49%	$19.43M
EURC	2.70M	3.00M	17.95%	18.07%	89.43%	$937.49K
DAI	900.00K	1.00M	3.68%	3.63%	91.26%	$286.68K
WETH	8.00K	20.00K	17.96%	8.19%	87.72%	$17.06M
cbETH	1.60K	3.20K	0.69%	6.89%	5.01%	$2.38M
weETH	450.00	900.00	0.08%	0.26%	16.42%	$2.79M
wstETH	400.00	800.00	6.51%	42.56%	7.64%	$715.39K
cbBTC	20.00	200.00	21.33%	5.36%	39.82%	$13.35M

Top Movers

• weETH’s borrow balance increased WoW by 174% from $333 to $911.
• wstETH’s borrow balance decreased WoW by 37% from $120K to $75K.
• EURC’s supply balance increased WoW by 3% from $525K to $541K.
• AERO’s supply balance decreased WoW by 22% from $510K to $398K.
• weETH’s utilization increased WoW by 198% from 4% to 11%.
• wstETH’s utilization decreased WoW by 26% from 8% to 6%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
AERO	888.46	$1.01K
WETH	0.01	$24.39
USDC	0.72	$0.72
cbETH	0.00	$0.31

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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]

[Gauntlet] Weekly Market Update - (2025-01-13 through 2025-01-19)

Gauntlet would like to provide the community with an update on this market over the previous week. Gauntlet is continuing to monitor this market.

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	84.00M	90.00M	35.31%	36.37%	90.61%	$2.07M
USDbC	15.00M	35.00M	1.47%	0.72%	88.11%	$2.39M
AERO	5.50M	11.00M	2.47%	3.48%	35.42%	$16.74M
EURC	2.70M	3.00M	15.58%	15.35%	91.35%	$779.88K
DAI	900.00K	1.00M	3.74%	3.71%	90.60%	$160.21K
WETH	8.00K	20.00K	18.59%	8.32%	89.34%	$21.64M
cbETH	1.60K	3.20K	0.57%	7.69%	3.69%	$1.34M
weETH	450.00	900.00	0.09%	0.30%	14.97%	$2.37M
wstETH	400.00	800.00	7.13%	41.24%	8.65%	$606.59K
cbBTC	20.00	200.00	25.38%	6.47%	39.25%	$16.86M

Top Movers

• cbBTC’s borrow balance increased WoW by 70% from $385K to $655K.
• cbETH’s borrow balance decreased WoW by 47% from $59K to $31K.
• cbBTC’s supply balance increased WoW by 44% from $1M to $2M.
• EURC’s supply balance decreased WoW by 32% from $542K to $369K.
• cbBTC’s utilization increased WoW by 18% from 36% to 43%.
• cbETH’s utilization decreased WoW by 46% from 7% to 4%.
• No Asset has supply or borrow cap usage above 75%.

Key Interest Rates

Liquidations

Liquidated Asset	Liquidated Amount (Tokens)	Liquidated Amount (USD)
AERO	1.33K	$1.26K
WETH	0.34	$1.02K
cbBTC	0.00	$9.36
USDC	1.27	$1.27

Weekly Annualized Reserve and Interest Projections

Rewards ROI Trend

The Return on Investment (ROI) metric “Growth per Token” measures the change in Total Value Locked (TVL) from one day to the next, relative to the rewards distributed the previous day. Specifically, it quantifies how much the TVL has increased or decreased per unit of reward given out on the previous day.

Protocol Growth

To see updated statistics, please see the live version of this graph here.

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.