[Gauntlet] Weekly Market Updates: Arbitrum USDC Native

[Gauntlet] Arbitrum v3 USDC Native Update: (12/1/23 - 12/7/23)

Gauntlet would like to provide the community with an update on the Arbitrum v3 USDC Native comet over the past week.

Simple Summary

  • USDC Borrows increased 8.43%, from $16.8M to $18.22M.
  • USDC Supply increased 6.17%, from $19.21M to $20.4M.
  • USDC utilization increased 2.12%, from 87.46% to 89.32%.
  • The minimum USDC reserve growth was -9.49%, and the maximum was -0.28%. The average USDC reserve growth was -4.87%.
  • The comet accumulated $-0.77K USDC reserves while distributing $10.34K COMP rewards for a weekly Net Protocol Profit of $-11.11K.

Asset Supply

This graph shows the time series of total supply of all assets.

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

USDC Borrows

This graph shows the time series of USDC borrows.

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

Utilization

This graph shows the utilization (borrow / supply) of USDC 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.

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