[Gauntlet] USDC Comet Update: (2024-02-23 through 2024-02-29)
Gauntlet would like to provide the community with an update on the USDC comet over the past week. Our recent proposal [Gauntlet] BASE v3 & Arbitrum v3 - Risk Recommendations (02/09/2024) went on-chain and increase cap liquidity for ARB and GMX.
Simple Summary
- USDC Borrows increased 20.96%, from $20.78M to $25.14M.
- USDC Supply increased 15.26%, from $23.89M to $27.54M.
- USDC utilization increased 4.94%, from 86.97% to 91.27%.
- The minimum USDC reserve growth was 10.52%, and the maximum was 19.91%. The average USDC reserve growth was 13.15%.
- The comet accumulated $6.06K USDC reserves while distributing $21.82K COMP rewards for a weekly Net Protocol Profit of $-15.76K.
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.
