[Gauntlet] Weekly Market Updates: Base USDC Native

[Gauntlet] Base USDC Comet Update: (2024-04-05 through 2024-04-11)

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

Change in Weekly Update Schedule Announcement

In our continuous effort to enhance the communication and planning process within our community, we are pleased to announce an important change to our weekly update schedule. Effective immediately, the delivery of our weekly updates will transition from every Friday to every Monday. This adjustment will help us provide more comprehensive and timely information that includes the full spectrum of the past week’s events and updates, ensuring that all data is captured after the weekend.

The first update under this new schedule will be rolled out on Monday, April 22nd.

We appreciate your understanding and support as we implement this new schedule. As always, we are committed to keeping you informed and engaged with all the latest developments. If you have any questions or need further information, please do not hesitate to reach out to us.

Thank you for your continued partnership and trust in our efforts.

Simple Summary

  • USDC Borrows increased 21.14%, from $7.02M to $8.50M.
  • USDC Supply increased 22.23%, from $8.10M to $9.89M.
  • USDC utilization did not change, remaining at 86.68%.
  • The minimum USDC reserve growth was 10.95%, and the maximum was 20.07%. The average USDC reserve growth was 15.93%.
  • The comet accumulated $1.71K USDC reserves while distributing $14.21K COMP rewards for a weekly Net Protocol Profit of $-12.50K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 6.10K 56.00 109.00

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 USDC Comet Update: (2024-04-15 through 2024-04-21)

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

Simple Summary

  • USDC Borrows increased 5.06%, from $7.69M to $8.08M.

  • USDC Supply increased 1.21%, from $9.81M to $9.93M.

  • USDC utilization increased 3.80%, from 78.42% to 81.40%.

  • The minimum USDC reserve growth was 10.56%, and the maximum was 20.06%. The average USDC reserve growth was 16.01%.

  • The comet accumulated $1.66K USDC reserves while distributing $10.77K COMP rewards for a weekly Net Protocol Profit of $-9.11K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 4.10K 56.00 73.10

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 USDC Comet Update: (2024-04-22 through 2024-04-28)

Gauntlet would like to provide the community with an update on the Base USDC comet over the past week. We have reviewed the markets and no IR adjustments are necessary at this time.

Simple Summary

  • USDC Borrows increased 9.51%, from $8.10M to $8.87M.

  • USDC Supply increased 11.68%, from $9.56M to $10.67M.

  • USDC utilization decreased 1.94%, from 84.81% to 83.16%.

  • The minimum USDC reserve growth was 10.79%, and the maximum was 20.06%. The average USDC reserve growth was 15.25%.

  • The comet accumulated $1.98K USDC reserves while distributing $11.22K COMP rewards for a weekly Net Protocol Profit of $-9.24K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.77K 56.00 67.30

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 USDC Comet Update: (2024-04-29 through 2024-05-05)

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

Simple Summary

  • USDC Borrows increased 4.96%, from $8.87M to $9.32M.

  • USDC Supply increased 2.07%, from $10.52M to $10.74M.

  • USDC utilization increased 2.84%, from 84.35% to 86.74%.

  • The minimum USDC reserve growth was 10.58%, and the maximum was 20.04%. The average USDC reserve growth was 16.31%.

  • The comet accumulated $2.01K USDC reserves while distributing $11.15K COMP rewards for a weekly Net Protocol Profit of $-9.14K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.51K 56.00 62.80

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 USDC Comet Update: (2024-05-06 through 2024-05-12)

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

Simple Summary

  • USDC Borrows decreased 3.80%, from $9.32M to $8.96M.

  • USDC Supply decreased 7.07%, from $11.24M to $10.45M.

  • USDC utilization increased 3.52%, from 82.85% to 85.77%.

  • The minimum USDC reserve growth was 11.21%, and the maximum was 20.07%. The average USDC reserve growth was 16.93%.

  • The comet accumulated $2.04K USDC reserves while distributing $10.89K COMP rewards for a weekly Net Protocol Profit of $-8.85K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.30K 53.00 62.20

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 USDC Comet Update: (2024-05-13 through 2024-05-19)

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

Simple Summary

  • USDC Borrows decreased 1.36%, from $8.96M to $8.84M.

  • USDC Supply has not changed, remaining at $10.45M.

  • USDC utilization decreased 1.95%, from 85.74% to 84.06%.

  • The minimum USDC reserve growth was 11.14%, and the maximum was 20.01%. The average USDC reserve growth was 18.35%.

  • The comet accumulated $1.96K USDC reserves while distributing $10.83K COMP rewards for a weekly Net Protocol Profit of $-8.86K.

Base Asset APR Trend

Reserve Analysis

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Base 3.02K 53.00 57.00

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.