[Gauntlet] Weekly Market Updates: Base USDbC

[Gauntlet] Base v3 USDbC Update (09/08/2023 - 09/14/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDC comet over the past week.

Simple Summary

  • USDC Borrows are down 9.19%, from $6.07M to $5.51M.
  • USDC Supply is up 21.65%, from $9.25M to $11.25M.
  • USDC utilization decreased 25.34%, from 66.0% to 49.3%.
  • The minimum USDC reserve growth was -1.0%, and the maximum was 15.4%. The average USDC reserve growth was 7.9%.
  • The comet accumulated $0.34k USDC reserves while distributing $11.96k COMP rewards for a weekly Net Protocol Profit of $-11.62k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is down 4.28%, from $10.73M to $10.27M.

USDC Supply is up 21.65%, from $9.25M to $11.25M.

USDC Borrows are down 9.19%, from $6.07M to $5.51M.

USDC utilization decreased 25.34%, from 66.0% to 49.3%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 49.1%, and the maximum was 66.9%.
The minimum USDC reserve growth was -1.0%, and the maximum was 15.4%. The average USDC reserve growth was 7.9%.

The comet accumulated $0.34k USDC reserves while distributing $11.96k COMP rewards for a weekly Net Protocol Profit of $-11.62k.

[Gauntlet] Base v3 USDbC Update (09/15/2023 - 09/21/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDC comet over the past week.

Simple Summary

  • USDC Borrows are up 8.68%, from $5.51M to $5.99M.
  • USDC Supply is down 9.32%, from $11.25M to $10.2M.
  • USDC utilization increased 11.30%, from 49.3% to 54.9%.
  • The minimum USDC reserve growth was -0.8%, and the maximum was 8.5%. The average USDC reserve growth was 5.6%.
  • The comet accumulated $0.21k USDC reserves while distributing $12.41k COMP rewards for a weekly Net Protocol Profit of $-12.19k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is up 7.54%, from $10.37M to $11.15M.

USDC Supply is down 9.32%, from $11.25M to $10.2M.

USDC Borrows are up 8.68%, from $5.51M to $5.99M.

USDC utilization increased 11.30%, from 49.3% to 54.9%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 49.3%, and the maximum was 58.7%.

The minimum USDC reserve growth was -0.8%, and the maximum was 8.5%. The average USDC reserve growth was 5.6%.

The comet accumulated $0.21k USDC reserves while distributing $12.41k COMP rewards for a weekly Net Protocol Profit of $-12.19k.

[Gauntlet] Base v3 USDbC Update (09/22/2023 - 09/28/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are down 3.64%, from $5.99M to $5.78M.
  • USDC Supply is down 3.67%, from $10.2M to $9.83M.
  • USDC utilization increased 0.10%, from 58.8% to 58.9%.
  • The minimum USDC reserve growth was 6.6%, and the maximum was 10.1%. The average USDC reserve growth was 8.5%.
  • The comet accumulated $0.35k USDC reserves while distributing $12.92k COMP rewards for a weekly Net Protocol Profit of $-12.57k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is down 4.38%, from $10.98M to $10.5M.

USDC Supply is down 3.67%, from $10.2M to $9.83M.

USDC Borrows are down 3.64%, from $5.99M to $5.78M.

USDC utilization increased 0.10%, from 58.8% to 58.9%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 56.6%, and the maximum was 60.5%.

The minimum USDC reserve growth was 6.6%, and the maximum was 10.1%. The average USDC reserve growth was 8.5%.

The comet accumulated $0.35k USDC reserves while distributing $12.92k COMP rewards for a weekly Net Protocol Profit of $-12.57k.

[Gauntlet] Base v3 USDbC Update (09/29/2023 - 10/05/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are down 5.06%, from $5.91M to $5.61M.
  • USDC Supply is up 9.16%, from $10.03M to $10.95M.
  • USDC utilization decreased 11.64%, from 58.9% to 52.0%.
  • The minimum USDC reserve growth was 2.1%, and the maximum was 12.5%. The average USDC reserve growth was 7.7%.
  • The comet accumulated $0.31k USDC reserves while distributing $14.35k COMP rewards for a weekly Net Protocol Profit of $-14.05k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is down 5.93%, from $10.96M to $10.31M.

USDC Supply is up 9.16%, from $10.03M to $10.95M.

USDC Borrows are down 5.06%, from $5.91M to $5.61M.

USDC utilization decreased 11.64%, from 58.9% to 52.0%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 51.9%, and the maximum was 63.3%.

The minimum USDC reserve growth was 2.1%, and the maximum was 12.5%. The average USDC reserve growth was 7.7%.

The comet accumulated $0.31k USDC reserves while distributing $14.35k COMP rewards for a weekly Net Protocol Profit of $-14.05k.

[Gauntlet] Base v3 USDbC Update (10/06/2023 - 10/12/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are up 9.06%, from $5.61M to $6.12M.
  • USDC Supply is up 11.94%, from $10.95M to $12.26M.
  • USDC utilization decreased 2.57%, from 51.3% to 50.0%.
  • The minimum USDC reserve growth was -4.8%, and the maximum was 1.0%. The average USDC reserve growth was -1.4%.
  • The comet accumulated $-0.05k USDC reserves while distributing $13.26k COMP rewards for a weekly Net Protocol Profit of $-13.31k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is up 15.85%, from $9.8M to $11.36M.

USDC Supply is up 11.94%, from $10.95M to $12.26M.

USDC Borrows are up 9.06%, from $5.61M to $6.12M.

USDC utilization decreased 2.57%, from 51.3% to 50.0%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 45.7%, and the maximum was 51.3%.
The minimum USDC reserve growth was -4.8%, and the maximum was 1.0%. The average USDC reserve growth was -1.4%.

The comet accumulated $-0.05k USDC reserves while distributing $13.26k COMP rewards for a weekly Net Protocol Profit of $-13.31k.

[Gauntlet] Base v3 USDbC Update (10/13/2023 - 10/19/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are up 12.06%, from $6.12M to $6.85M.
  • USDC Supply is down 2.32%, from $12.26M to $11.98M.
  • USDC utilization increased 14.54%, from 50.0% to 57.2%.
  • The minimum USDC reserve growth was -0.1%, and the maximum was 9.3%. The average USDC reserve growth was 4.3%.
  • The comet accumulated $0.19k USDC reserves while distributing $12.71k COMP rewards for a weekly Net Protocol Profit of $-12.52k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is up 8.29%, from $11.35M to $12.29M.

USDC Supply is down 2.32%, from $12.26M to $11.98M.

USDC Borrows are up 12.06%, from $6.12M to $6.85M.

USDC utilization increased 14.54%, from 50.0% to 57.2%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 49.9%, and the maximum was 59.5%.
The minimum USDC reserve growth was -0.1%, and the maximum was 9.3%. The average USDC reserve growth was 4.3%.

The comet accumulated $0.19k USDC reserves while distributing $12.71k COMP rewards for a weekly Net Protocol Profit of $-12.52k.

[Gauntlet] Base v3 USDbC Update (10/20/2023 - 10/26/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are up 9.94%, from $6.85M to $7.53M.
  • USDC Supply is up 1.57%, from $11.98M to $12.17M.
  • USDC utilization increased 8.14%, from 57.2% to 61.9%.
  • The minimum USDC reserve growth was 3.0%, and the maximum was 11.5%. The average USDC reserve growth was 7.7%.
  • The comet accumulated $0.38k USDC reserves while distributing $13.87k COMP rewards for a weekly Net Protocol Profit of $-13.49k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is up 3.65%, from $14.05M to $14.57M.

USDC Supply is up 1.57%, from $11.98M to $12.17M.

USDC Borrows are up 9.94%, from $6.85M to $7.53M.

USDC utilization increased 8.14%, from 57.2% to 61.9%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 52.9%, and the maximum was 62.1%.

The minimum USDC reserve growth was 3.0%, and the maximum was 11.5%. The average USDC reserve growth was 7.7%.

The comet accumulated $0.38k USDC reserves while distributing $13.87k COMP rewards for a weekly Net Protocol Profit of $-13.49k.

[Gauntlet] Base v3 USDbC Update (10/27/2023 - 11/02/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are up 3.62%, from $7.53M to $7.81M.
  • USDC Supply is down 6.49%, from $12.17M to $11.38M.
  • USDC utilization increased 10.75%, from 61.9% to 68.5%.
  • The minimum USDC reserve growth was 11.1%, and the maximum was 17.3%. The average USDC reserve growth was 14.4%.
  • The comet accumulated $0.81k USDC reserves while distributing $14.58k COMP rewards for a weekly Net Protocol Profit of $-13.77k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is up 1.48%, from $15.05M to $15.27M.

USDC Supply is down 6.49%, from $12.17M to $11.38M.

USDC Borrows are up 3.62%, from $7.53M to $7.81M.

USDC utilization increased 10.75%, from 61.9% to 68.5%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 61.6%, and the maximum was 69.4%.
The minimum USDC reserve growth was 11.1%, and the maximum was 17.3%. The average USDC reserve growth was 14.4%.

The comet accumulated $0.81k USDC reserves while distributing $14.58k COMP rewards for a weekly Net Protocol Profit of $-13.77k.

[Gauntlet] Base v3 USDbC Update (11/03/2023 - 11/09/2023)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDbC comet over the past week.

Simple Summary

  • USDC Borrows are up 4.47%, from $7.81M to $8.16M.
  • USDC Supply is down 12.93%, from $11.38M to $9.91M.
  • USDC utilization increased 17.57%, from 68.5% to 80.6%.
  • The minimum USDC reserve growth was 16.5%, and the maximum was 24.2%. The average USDC reserve growth was 20.8%.
  • The comet accumulated $1.27k USDC reserves while distributing $15.88k COMP rewards for a weekly Net Protocol Profit of $-14.61k.

Analysis

Below are metrics of the market and parameters over the past week. Note that collateral supply values are normalized to end date token prices, in order to get an idea of intentional user behavior as opposed to fluctuations in underlying token prices.

Market Growth

Total Collateral (USD) is up 1.82%, from $15.67M to $15.95M.

USDC Supply is down 12.93%, from $11.38M to $9.91M.

USDC Borrows are up 4.47%, from $7.81M to $8.16M.

USDC utilization increased 17.57%, from 68.5% to 80.6%.

Supply Caps

Above are the current supply cap utilizations for each collateral asset.

Above is a time series of supply cap utilization for each asset over the past week.

Utilization and Reserves

The minimum USDC utilization was 68.3%, and the maximum was 80.6%.
The minimum USDC reserve growth was 16.5%, and the maximum was 24.2%. The average USDC reserve growth was 20.8%.

The comet accumulated $1.27k USDC reserves while distributing $15.88k COMP rewards for a weekly Net Protocol Profit of $-14.61k.

[Gauntlet] Base v3 USDbC Update: (11/10/23 - 11/16/23)

Gauntlet would like to provide the community with an update on the Base v3 USDbC comet over the past week.

Simple Summary

  • USDbC Borrows increased 10.57%, from $8.18M to $9.04M.
  • USDbC Supply increased 5.5%, from $9.95M to $10.5M.
  • USDbC utilization increased 4.8%, from 82.17% to 86.12%.
  • The minimum USDbC reserve growth was -3.24%, and the maximum was 19.09%. The average USDbC reserve growth was 7.72%.
  • The comet accumulated $0.6K USDbC reserves while distributing $17.06K COMP rewards for a weekly Net Protocol Profit of $-16.46K.

Collateral Asset Supply

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

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

USDbC Borrows

This graph shows the time series of USDbC borrows.

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

Utilization

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

[Gauntlet] Base v3 USDbC Update: (11/17/23 - 11/23/23)

Gauntlet would like to provide the community with an update on the Base v3 USDbC comet over the past week.

Simple Summary

  • USDbC Borrows increased 9.04%, from $9.04M to $9.86M.
  • USDbC Supply increased 8.45%, from $10.6M to $11.5M.
  • USDbC utilization increased 0.54%, from 85.31% to 85.77%.
  • The minimum USDbC reserve growth was -6.19%, and the maximum was 9.92%. The average USDbC reserve growth was 1.22%.
  • The comet accumulated $0.08K USDbC reserves while distributing $13.73K COMP rewards for a weekly Net Protocol Profit of $-13.65K.

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.

USDbC Borrows

This graph shows the time series of USDbC borrows.

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

Utilization

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

[Gauntlet] Base v3 USDbC Update: (11/24/23 - 11/30/23)

Gauntlet would like to provide the community with an update on the Base v3 USDbC comet over the past week.

Simple Summary

  • USDbC Borrows increased 0.13%, from $9.72M to $9.73M.
  • USDbC Supply increased 3.98%, from $11.51M to $11.96M.
  • USDbC utilization decreased 3.7%, from 84.46% to 81.33%.
  • The minimum USDbC reserve growth was 2.68%, and the maximum was 17.54%. The average USDbC reserve growth was 9.36%.
  • The comet accumulated $0.75K USDbC reserves while distributing $13.95K COMP rewards for a weekly Net Protocol Profit of $-13.2K.

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.

USDbC Borrows

This graph shows the time series of USDbC borrows.

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

Utilization

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

[Gauntlet] Base v3 USDbC Update: (12/1/23 - 12/7/23)

Gauntlet would like to provide the community with an update on the Base v3 USDbC comet over the past week.

Simple Summary

  • USDbC Borrows increased 3.77%, from $9.77M to $10.14M.
  • USDbC Supply decreased 0.68%, from $11.94M to $11.86M.
  • USDbC utilization increased 4.48%, from 81.8% to 85.47%.
  • The minimum USDbC reserve growth was 1.16%, and the maximum was 14.67%. The average USDbC reserve growth was 9.46%.
  • The comet accumulated $0.64K USDbC reserves while distributing $11.64K COMP rewards for a weekly Net Protocol Profit of $-10.99K.

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.

USDbC Borrows

This graph shows the time series of USDbC borrows.

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

Utilization

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

[Gauntlet] Base v3 USDbC Update: (12/08/23 - 12/14/23)

Gauntlet would like to provide the community with an update on the Base v3 USDbC comet over the past week.

Simple Summary

  • USDbC Borrows increased 2.04%, from $10.33M to $10.54M.
  • USDbC Supply decreased 1.46%, from $12.11M to $11.93M.
  • USDbC utilization increased 3.54%, from 85.32% to 88.34%.
  • The minimum USDbC reserve growth was -12.56%, and the maximum was 2.55%. The average USDbC reserve growth was -1.85%.
  • The comet accumulated $-0.25K USDbC reserves while distributing $14.31K COMP rewards for a weekly Net Protocol Profit of $-14.57K.

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.

[Gauntlet] Base v3 USDbC Update (2023-12-21 through 2023-12-27)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDC comet over the past week.

Simple Summary

  • USDbC Borrows increased 2.16%, from $10.69M to $10.92M.
  • USDbC Supply increased 4.49%, from $11.93M to $12.47M.
  • USDbC utilization decreased 2.24%, from 89.63% to 87.62%.
  • The minimum USDbC reserve growth was -8.44%, and the maximum was 13.67%. The average USDbC reserve growth was 5.11%.
  • The comet accumulated $1.33K USDbC reserves while distributing $18.13K COMP rewards for a weekly Net Protocol Profit of $-16.79K.

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.

[Gauntlet] Base v3 USDbC Update (2023-12-28 through 2024-01-03)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDC comet over the past week.

Simple Summary

  • USDbC Borrows decreased 5.86%, from $10.92M to $10.28M.
  • USDbC Supply decreased 3.24%, from $12.47M to $12.06M.
  • USDbC utilization decreased 2.7%, from 87.63% to 85.27%.
  • The minimum USDbC reserve growth was 10.95%, and the maximum was 20.06%. The average USDbC reserve growth was 14.85%.
  • The comet accumulated $2.47K USDbC reserves while distributing $18.47K COMP rewards for a weekly Net Protocol Profit of $-16.0K.

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.

[Gauntlet] Base v3 USDbC Update (2024-01-04 through 2024-01-10)

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

Simple Summary

  • USDbC Borrows decreased 1.73%, from $10.29M to $10.11M.
  • USDbC Supply decreased 2.76%, from $12.07M to $11.73M.
  • USDbC utilization increased 1.06%, from 85.3% to 86.2%.
  • The minimum USDbC reserve growth was 13.15%, and the maximum was 20.05%. The average USDbC reserve growth was 17.05%.
  • The comet accumulated $2.29K USDbC reserves while distributing $16.09K COMP rewards for a weekly Net Protocol Profit of $-13.8K.

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.

[Gauntlet] Base v3 USDbC Update (2024-01-11 through 2024-01-17)

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

Simple Summary

  • USDbC Borrows decreased 5.52%, from $9.74M to $9.2M.
  • USDbC Supply decreased 9.13%, from $11.63M to $10.56M.
  • USDbC utilization increased 3.98%, from 83.78% to 87.11%.
  • The minimum USDbC reserve growth was 12.4%, and the maximum was 20.06%. The average USDbC reserve growth was 15.35%.
  • The comet accumulated $2.38K USDbC reserves while distributing $17.73K COMP rewards for a weekly Net Protocol Profit of $-15.35K.

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.

[Gauntlet] Base v3 USDbC Update (2024-01-19 through 2024-01-25)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDC comet over the past week. Gauntlet is continuing to monitor all the Compound markets. Gauntlet is aware of the asset supply caps that are close to full utilziation. Gauntlet will continue to monitor these assets and provide recommendations based on our methodology.

Simple Summary

  • USDbC Borrows increased 3.15%, from $9.21M to $9.5M.
  • USDbC Supply increased 5.97%, from $10.69M to $11.33M.
  • USDbC utilization decreased 2.66%, from 86.16% to 83.87%.
  • The minimum USDbC reserve growth was 11.89%, and the maximum was 19.82%. The average USDbC reserve growth was 15.96%.
  • The comet accumulated $2.16K USDbC reserves while distributing $17.06K COMP rewards for a weekly Net Protocol Profit of $-14.89K.

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.

[Gauntlet] Base v3 USDbC Update (2024-01-26 through 2024-02-01)

Gauntlet would like to provide the community with an update on metrics from the Base v3 USDC comet over the past week.

Simple Summary

  • USDbC Borrows increased 0.34%, from $9.5M to $9.54M.
  • USDbC Supply decreased 2.09%, from $11.33M to $11.09M.
  • USDbC utilization increased 2.48%, from 83.87% to 85.94%.
  • The minimum USDbC reserve growth was 13.36%, and the maximum was 20.04%. The average USDbC reserve growth was 17.91%.
  • The comet accumulated $2.18K USDbC reserves while distributing $17.24K COMP rewards for a weekly Net Protocol Profit of $-15.06K.

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.