[Gauntlet] USDbC Comet Update: (2024-02-02 through 2024-02-08)
Gauntlet would like to provide the community with an update on the USDbC comet over the past week.
- This week’s risk parameter updates for the Base v3 USDbC comet
Simple Summary
-
USDbC Borrows increased 1.51%, from $9.54M to $9.68M.
-
USDbC Supply increased 6.0%, from $11.1M to $11.76M.
-
USDbC utilization decreased 4.24%, from 85.94% to 82.3%.
-
The minimum USDbC reserve growth was 14.19%, and the maximum was 19.75%. The average USDbC reserve growth was 16.86%.
-
The comet accumulated $2.15K USDbC reserves while distributing $16.87K COMP rewards for a weekly Net Protocol Profit of $-14.72K.
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.
