[Gauntlet] Arbitrum v3 USDC Native Update (2024-02-09 through 2024-02-15)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
Simple Summary
- USDC Borrows decreased 4.59%, from $20.03M to $19.11M.
- USDC Supply increased 0.75%, from $22.9M to $23.07M.
- USDC utilization decreased 5.3%, from 87.46% to 82.83%.
- The minimum USDC reserve growth was 10.52%, and the maximum was 19.95%. The average USDC reserve growth was 14.82%.
- The comet accumulated $4.96K USDC reserves while distributing $15.79K COMP rewards for a weekly Net Protocol Profit of $-10.83K.
-
- Gauntlet has outstanding recommendation to increase WETH and ARB supply cap.
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.
