[Gauntlet] Weekly Market Updates: Base USDbC

[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.