[Gauntlet] Recommendations for Low Utilization Assets - Optimism, Polygon, and Unichain (2026-02-17)

Proposals
1

Simple Summary

Gauntlet recommends the following supply cap adjustments to the protocol:

Supply Cap Recommendations

Comet Asset Supply Cap
Optimism WETH USDC 15M → 7.5M
Optimism WETH USDT 10M → 5M
Optimism WETH WBTC 60 → 30
Polygon USDC.e stMATIC 8M → 4M
Polygon USDT stMATIC 1.5M → 750K
Unichain WETH WBTC 120 → 60

Rationale

The markets below have demonstrated low user demand over the past 30 days, with average supply cap utilization consistently staying below 1%. To reduce risk exposure to the protocol, we recommend lowering the supply caps for these markets by 50%. We note that cap reductions will not affect currently open positions.

Comet Asset Supply Cap Utilization (average over last 30 days)
Optimism WETH USDC 0.09%
Optimism WETH USDT 0.01%
Optimism WETH WBTC 0.03%
Polygon USDC.e stMATIC 0%
Polygon USDT stMATIC 0%
Unichain WETH WBTC 0.01%

Next Steps

  • Gauntlet will continue monitoring market utilization and propose future cap adjustments accordingly.
  • We welcome community feedback.
2 Likes
2

Given the utilization is at 0%, is there any reason not to cut the supply rate more aggressively?

3

Thanks for the feedback, we plan to do more aggressive cuts in the later half of this month for all L2s. Will take your suggestion into consideration then.

1 Like