[Gauntlet] Base Ecosystem Weekly Update

[Gauntlet] Base Ecosystem Update: (2024-08-12 through 2024-08-18)

Base USDC Comet

Gauntlet would like to provide the community with an update on the Base USDC comet over the past week.

Simple Summary

  • USDC Borrows decreased 3.62%, from $8.09M to $7.80M.

  • USDC Supply increased 6.39%, from $11.61M to $12.35M.

  • USDC utilization decreased 9.41%, from 69.73% to 63.17%.

  • The minimum USDC reserve growth was -16.24%, and the maximum was 0.64%. The average USDC reserve growth was -6.96%.

  • The comet accumulated $-471.15 USDC reserves while distributing $5.43K COMP rewards for a weekly Net Protocol Profit of $-5.90K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.64K 26.00 140.10

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

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

Base Asset Borrows

This graph shows the total borrows of the base asset over the past week.

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

Utilization

This graph shows the utilization (borrow / supply) of the base asset over the past week.

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.

Base USDbC Comet

Gauntlet would like to provide the community with an update on the Base USDbC comet over the past week.

Simple Summary

  • USDbC Borrows decreased 4.41%, from $1.23M to $1.17M.

  • USDbC Supply has not changed, remaining at $1.59M.

  • USDbC utilization decreased 3.75%, from 77.35% to 74.45%.

  • The minimum USDbC reserve growth was 0.43%, and the maximum was 3.73%. The average USDbC reserve growth was 2.84%.

  • The comet accumulated $35.46 USDbC reserves while distributing $0.00 COMP rewards for a weekly Net Protocol Profit of $35.46.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.64K 26.00 140.10

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

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

Base Asset Borrows

This graph shows the total borrows of the base asset over the past week.

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

Utilization

This graph shows the utilization (borrow / supply) of the base asset over the past week.

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.

Base WETH Comet

Gauntlet would like to provide the community with an update on the Base WETH comet over the past week.

Simple Summary

  • WETH Borrows decreased 1.20%, from $5.29M to $5.23M.

  • WETH Supply increased 4.06%, from $5.90M to $6.13M.

  • WETH utilization decreased 5.05%, from 89.82% to 85.28%.

  • The minimum WETH reserve growth was 10.32%, and the maximum was 30.82%. The average WETH reserve growth was 23.54%.

  • The comet accumulated $509.27 WETH reserves while distributing $2.41K COMP rewards for a weekly Net Protocol Profit of $-1.90K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.64K 26.00 140.10

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

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

Base Asset Borrows

This graph shows the total borrows of the base asset over the past week.

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

Utilization

This graph shows the utilization (borrow / supply) of the base asset over the past week.

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.