[Gauntlet] Weekly Market Updates: Base WETH

[Gauntlet] BASE v3 WETH Update (09/08/2023 - 09/14/2023)

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

Simple Summary

  • WETH Borrows are up 62.87%, from 0.87k ($1.42M) to 1.42k ($2.3M).
  • WETH Supply is down 2.60%, from 3.84k ($6.42M) to 3.75k ($6.25M).
  • USDC utilization increased 67.23%, from 22.0% to 36.9%.
  • The minimum USDC reserve growth was -68.3%, and the maximum was -20.3%. The average USDC reserve growth was -45.3%.
  • The comet accumulated $-0.29k USDC reserves while distributing $5.32k COMP rewards for a weekly Net Protocol Profit of $-5.61k.

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 57.21%, from $1.72M to $2.71M.

WETH Supply is down 2.60%, from 3.84k ($6.42M) to 3.75k ($6.25M).

WETH Borrows are up 62.87%, from 0.87k ($1.42M) to 1.42k ($2.3M).

USDC utilization increased 67.23%, from 22.0% to 36.9%.

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 18.7%, and the maximum was 36.9%.
The minimum USDC reserve growth was -68.3%, and the maximum was -20.3%. The average USDC reserve growth was -45.3%.

The comet accumulated $-0.29k USDC reserves while distributing $5.32k COMP rewards for a weekly Net Protocol Profit of $-5.61k.

[Gauntlet] BASE v3 WETH Update (09/15/2023 - 09/21/2023)

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

Simple Summary

  • WETH Borrows are up 1.12%, from 1.42k ($2.25M) to 1.43k ($2.27M).
  • WETH Supply is up 2.68%, from 3.75k ($6.09M) to 3.84k ($6.26M).
  • USDC utilization decreased 1.52%, from 36.9% to 36.3%.
  • The minimum USDC reserve growth was -22.3%, and the maximum was -15.6%. The average USDC reserve growth was -20.1%.
  • The comet accumulated $-0.21k USDC reserves while distributing $5.51k COMP rewards for a weekly Net Protocol Profit of $-5.73k.

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 1.04%, from $2.74M to $2.76M.

WETH Supply is up 2.68%, from 3.75k ($6.09M) to 3.84k ($6.26M).

WETH Borrows are up 1.12%, from 1.42k ($2.25M) to 1.43k ($2.27M).

USDC utilization decreased 1.52%, from 36.9% to 36.3%.

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 35.8%, and the maximum was 39.5%.

The minimum USDC reserve growth was -22.3%, and the maximum was -15.6%. The average USDC reserve growth was -20.1%.

The comet accumulated $-0.21k USDC reserves while distributing $5.51k COMP rewards for a weekly Net Protocol Profit of $-5.73k.

1 Like

[Gauntlet] BASE v3 WETH Update (09/22/2023 - 09/28/2023)

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

Simple Summary

  • WETH Borrows are up 8.86%, from 1.43k ($2.37M) to 1.56k ($2.58M).
  • WETH Supply is up 14.39%, from 3.85k ($6.52M) to 4.39k ($7.45M).
  • USDC utilization decreased 4.69%, from 36.3% to 34.6%.
  • The minimum USDC reserve growth was -27.4%, and the maximum was -20.5%. The average USDC reserve growth was -24.0%.
  • The comet accumulated $-0.25k USDC reserves while distributing $5.74k COMP rewards for a weekly Net Protocol Profit of $-5.99k.

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 8.39%, from $2.72M to $2.95M.

WETH Supply is up 14.39%, from 3.85k ($6.52M) to 4.39k ($7.45M).

WETH Borrows are up 8.86%, from 1.43k ($2.37M) to 1.56k ($2.58M).

USDC utilization decreased 4.69%, from 36.3% to 34.6%.

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 33.3%, and the maximum was 36.8%.

The minimum USDC reserve growth was -27.4%, and the maximum was -20.5%. The average USDC reserve growth was -24.0%.

The comet accumulated $-0.25k USDC reserves while distributing $5.74k COMP rewards for a weekly Net Protocol Profit of $-5.99k.

[Gauntlet] BASE v3 WETH Update (09/29/2023 - 10/05/2023)

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

Simple Summary

  • WETH Borrows are down 5.47%, from 1.56k ($2.52M) to 1.47k ($2.38M).
  • WETH Supply is up 6.46%, from 4.39k ($7.28M) to 4.7k ($7.75M).
  • WETH utilization decreased 11.21%, from 34.6% to 30.7%.
  • The minimum WETH reserve growth was -33.6%, and the maximum was -24.0%. The average WETH reserve growth was -29.7%.
  • The comet accumulated $-0.31k WETH reserves while distributing $6.38k COMP rewards for a weekly Net Protocol Profit of $-6.69k.

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 3.89%, from $3.05M to $2.93M.

WETH Supply is up 6.46%, from 4.39k ($7.28M) to 4.7k ($7.75M).

WETH Borrows are down 5.47%, from 1.56k ($2.52M) to 1.47k ($2.38M).

WETH utilization decreased 11.21%, from 34.6% to 30.7%.

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 WETH utilization was 30.5%, and the maximum was 35.0%.

The minimum WETH reserve growth was -33.6%, and the maximum was -24.0%. The average WETH reserve growth was -29.7%.

The comet accumulated $-0.31k WETH reserves while distributing $6.38k COMP rewards for a weekly Net Protocol Profit of $-6.69k.

[Gauntlet] BASE v3 WETH Update (10/06/2023 - 10/12/2023)

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

Simple Summary

  • WETH Borrows are down 0.74%, from 1.47k ($2.27M) to 1.46k ($2.25M).
  • WETH Supply is up 2.73%, from 4.7k ($7.39M) to 4.83k ($7.59M).
  • WETH utilization decreased 3.37%, from 30.7% to 29.6%.
  • The minimum WETH reserve growth was -41.4%, and the maximum was -33.3%. The average WETH reserve growth was -34.8%.
  • The comet accumulated $-0.33k WETH reserves while distributing $5.9k COMP rewards for a weekly Net Protocol Profit of $-6.22k.

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 1.51%, from $2.78M to $2.83M.

WETH Supply is up 2.73%, from 4.7k ($7.39M) to 4.83k ($7.59M).

WETH Borrows are down 0.74%, from 1.47k ($2.27M) to 1.46k ($2.25M).

WETH utilization decreased 3.37%, from 30.7% to 29.6%.

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 WETH utilization was 27.4%, and the maximum was 30.7%.
The minimum WETH reserve growth was -41.4%, and the maximum was -33.3%. The average WETH reserve growth was -34.8%.

The comet accumulated $-0.33k WETH reserves while distributing $5.9k COMP rewards for a weekly Net Protocol Profit of $-6.22k.

[Gauntlet] BASE v3 WETH Update (10/13/2023 - 10/19/2023)

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

Simple Summary

  • WETH Borrows are down 6.13%, from 1.46k ($2.29M) to 1.37k ($2.15M).
  • WETH Supply is up 3.99%, from 4.83k ($7.73M) to 5.01k ($8.04M).
  • WETH utilization decreased 9.83%, from 29.6% to 26.7%.
  • The minimum WETH reserve growth was -43.4%, and the maximum was -35.1%. The average WETH reserve growth was -37.9%.
  • The comet accumulated $-0.34k WETH reserves while distributing $5.65k COMP rewards for a weekly Net Protocol Profit of $-5.99k.

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 7.76%, from $2.82M to $2.61M.

WETH Supply is up 3.99%, from 4.83k ($7.73M) to 5.01k ($8.04M).

WETH Borrows are down 6.13%, from 1.46k ($2.29M) to 1.37k ($2.15M).

WETH utilization decreased 9.83%, from 29.6% to 26.7%.

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 WETH utilization was 26.6%, and the maximum was 29.9%.

The minimum WETH reserve growth was -43.4%, and the maximum was -35.1%. The average WETH reserve growth was -37.9%.

The comet accumulated $-0.34k WETH reserves while distributing $5.65k COMP rewards for a weekly Net Protocol Profit of $-5.99k.

1 Like

[Gauntlet] BASE v3 WETH Update (10/20/2023 - 10/26/2023)

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

Simple Summary

  • WETH Borrows are down 8.16%, from 1.37k ($2.48M) to 1.26k ($2.27M).
  • WETH Supply is down 1.78%, from 5.01k ($9.25M) to 4.92k ($9.09M).
  • WETH utilization decreased 6.47%, from 26.8% to 25.0%.
  • The minimum WETH reserve growth was -52.6%, and the maximum was -42.9%. The average WETH reserve growth was -47.3%.
  • The comet accumulated $-0.38k WETH reserves while distributing $6.16k COMP rewards for a weekly Net Protocol Profit of $-6.55k.

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 7.65%, from $2.98M to $2.75M.

WETH Supply is down 1.78%, from 5.01k ($9.25M) to 4.92k ($9.09M).

WETH Borrows are down 8.16%, from 1.37k ($2.48M) to 1.26k ($2.27M).

WETH utilization decreased 6.47%, from 26.8% to 25.0%.

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 WETH utilization was 23.4%, and the maximum was 26.8%.

The minimum WETH reserve growth was -52.6%, and the maximum was -42.9%. The average WETH reserve growth was -47.3%.

The comet accumulated $-0.38k WETH reserves while distributing $6.16k COMP rewards for a weekly Net Protocol Profit of $-6.55k.

[Gauntlet] BASE v3 WETH Update (10/27/2023 - 11/02/2023)

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

Simple Summary

  • WETH Borrows are up 7.57%, from 1.26k ($2.27M) to 1.36k ($2.44M).
  • WETH Supply is up 11.83%, from 4.92k ($9.07M) to 5.52k ($10.15M).
  • WETH utilization decreased 3.81%, from 25.0% to 24.1%.
  • The minimum WETH reserve growth was -50.9%, and the maximum was -34.5%. The average WETH reserve growth was -43.3%.
  • The comet accumulated $-0.39k WETH reserves while distributing $6.48k COMP rewards for a weekly Net Protocol Profit of $-6.86k.

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 7.82%, from $2.84M to $3.06M.

WETH Supply is up 11.83%, from 4.92k ($9.07M) to 5.52k ($10.15M).

WETH Borrows are up 7.57%, from 1.26k ($2.27M) to 1.36k ($2.44M).

WETH utilization decreased 3.81%, from 25.0% to 24.1%.

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 WETH utilization was 23.9%, and the maximum was 30.1%.
The minimum WETH reserve growth was -50.9%, and the maximum was -34.5%. The average WETH reserve growth was -43.3%.

The comet accumulated $-0.39k WETH reserves while distributing $6.48k COMP rewards for a weekly Net Protocol Profit of $-6.86k.

[Gauntlet] BASE v3 WETH Update (11/03/2023 - 11/09/2023)

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

Simple Summary

  • WETH Borrows are up 1.89%, from 1.36k ($2.88M) to 1.38k ($2.93M).
  • WETH Supply is down 5.68%, from 5.55k ($11.95M) to 5.21k ($11.28M).
  • WETH utilization increased 8.02%, from 24.1% to 26.0%.
  • The minimum WETH reserve growth was -50.6%, and the maximum was -43.4%. The average WETH reserve growth was -46.5%.
  • The comet accumulated $-0.45k WETH reserves while distributing $7.06k COMP rewards for a weekly Net Protocol Profit of $-7.5k.

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 2.85%, from $3.14M to $3.23M.

WETH Supply is down 5.68%, from 5.55k ($11.95M) to 5.21k ($11.28M).

WETH Borrows are up 1.89%, from 1.36k ($2.88M) to 1.38k ($2.93M).

WETH utilization increased 8.02%, from 24.1% to 26.0%.

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 WETH utilization was 24.1%, and the maximum was 26.6%.
The minimum WETH reserve growth was -50.6%, and the maximum was -43.4%. The average WETH reserve growth was -46.5%.

The comet accumulated $-0.45k WETH reserves while distributing $7.06k COMP rewards for a weekly Net Protocol Profit of $-7.5k.

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

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

Simple Summary

  • WETH Borrows increased 52.75%, from $2.88M to $4.39M.
  • WETH Supply decreased 10.62%, from $11.06M to $9.89M.
  • WETH utilization increased 70.9%, from 26.0% to 44.43%.
  • The minimum WETH reserve growth was -45.63%, and the maximum was -5.4%. The average WETH reserve growth was -27.84%.
  • The comet accumulated $-0.34K WETH reserves while distributing $7.58K COMP rewards for a weekly Net Protocol Profit of $-7.92K.

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.

WETH Borrows

This graph shows the time series of WETH borrows.

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

Utilization

This graph shows the utilization (borrow / supply) of WETH 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 WETH Update: (11/17/23 - 11/23/23)

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

Simple Summary

  • WETH Borrows decreased 1.03%, from $4.39M to $4.35M.
  • WETH Supply increased 1.73%, from $9.89M to $10.06M.
  • WETH utilization decreased 2.71%, from 44.42% to 43.21%.
  • The minimum WETH reserve growth was -10.94%, and the maximum was -3.51%. The average WETH reserve growth was -9.44%.
  • The comet accumulated $-0.17K WETH reserves while distributing $6.1K COMP rewards for a weekly Net Protocol Profit of $-6.27K.

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.

WETH Borrows

This graph shows the time series of WETH borrows.

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

Utilization

This graph shows the utilization (borrow / supply) of WETH 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 WETH Update: (11/24/23 - 11/30/23)

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

Simple Summary

  • WETH Borrows increased 2.6%, from $4.38M to $4.49M.
  • WETH Supply increased 2.18%, from $10.15M to $10.38M.
  • WETH utilization increased 0.41%, from 43.12% to 43.3%.
  • The minimum WETH reserve growth was -29.33%, and the maximum was -9.58%. The average WETH reserve growth was -16.16%.
  • The comet accumulated $-0.26K WETH reserves while distributing $6.2K COMP rewards for a weekly Net Protocol Profit of $-6.46K.

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.

WETH Borrows

This graph shows the time series of WETH borrows.

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

Utilization

This graph shows the utilization (borrow / supply) of WETH 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 WETH Update: (12/1/23 - 12/7/23)

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

Simple Summary

  • WETH Borrows increased 14.55%, from $5.02M to $5.75M.
  • WETH Supply increased 5.01%, from $10.68M to $11.21M.
  • WETH utilization increased 9.08%, from 46.99% to 51.26%.
  • The minimum WETH reserve growth was -18.87%, and the maximum was -5.9%. The average WETH reserve growth was -12.57%.
  • The comet accumulated $-0.2K WETH reserves while distributing $5.17K COMP rewards for a weekly Net Protocol Profit of $-5.37K.

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.

WETH Borrows

This graph shows the time series of WETH borrows.

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

Utilization

This graph shows the utilization (borrow / supply) of WETH 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 WETH Update (12/08/23 - 12/14/23)

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

Simple Summary

  • WETH Borrows decreased 6.2%, from $6.1M to $5.72M.
  • WETH Supply decreased 23.37%, from $11.06M to $8.47M.
  • WETH utilization increased 22.41%, from 55.19% to 67.56%.
  • The minimum WETH reserve growth was -3.37%, and the maximum was 13.31%. The average WETH reserve growth was 2.68%.
  • The comet accumulated $0.07K WETH reserves while distributing $6.36K COMP rewards for a weekly Net Protocol Profit of $-6.29K.

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 WETH Update (2023-12-21 through 2023-12-27)

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

Simple Summary

  • WETH Borrows increased 1.45%, from $5.57M to $5.65M.
  • WETH Supply increased 7.48%, from $12.5M to $13.43M.
  • WETH utilization decreased 5.61%, from 44.55% to 42.05%.
  • The minimum WETH reserve growth was -28.21%, and the maximum was -21.11%. The average WETH reserve growth was -25.12%.
  • The comet accumulated $-0.53K WETH reserves while distributing $8.06K COMP rewards for a weekly Net Protocol Profit of $-8.58K.

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 WETH Update (2023-12-28 through 2024-01-03)

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

Simple Summary

  • WETH Borrows decreased 5.15%, from $5.57M to $5.28M.
  • WETH Supply decreased 5.98%, from $13.24M to $12.45M.
  • WETH utilization increased 0.89%, from 42.05% to 42.42%.
  • The minimum WETH reserve growth was -28.19%, and the maximum was -25.95%. The average WETH reserve growth was -27.07%.
  • The comet accumulated $-0.56K WETH reserves while distributing $8.21K COMP rewards for a weekly Net Protocol Profit of $-8.77K.

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 WETH Update (2024-01-04 through 2024-01-10)

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

Simple Summary

  • WETH Borrows increased 13.96%, from $5.43M to $6.19M.
  • WETH Supply increased 15.9%, from $12.8M to $14.83M.
  • WETH utilization decreased 1.67%, from 42.42% to 41.71%.
  • The minimum WETH reserve growth was -27.96%, and the maximum was -25.93%. The average WETH reserve growth was -27.53%.
  • The comet accumulated $-0.58K WETH reserves while distributing $7.15K COMP rewards for a weekly Net Protocol Profit of $-7.73K.

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 WETH Update (2024-01-11 through 2024-01-17)

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

Simple Summary

  • WETH Borrows decreased 3.71%, from $6.27M to $6.04M.
  • WETH Supply decreased 5.46%, from $15.04M to $14.21M.
  • WETH utilization increased 1.86%, from 41.73% to 42.5%.
  • The minimum WETH reserve growth was -31.36%, and the maximum was -24.82%. The average WETH reserve growth was -29.2%.
  • The comet accumulated $-0.64K WETH reserves while distributing $7.88K COMP rewards for a weekly Net Protocol Profit of $-8.52K.

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 WETH Update (2024-01-19 through 2024-01-25)

Gauntlet would like to provide the community with an update on metrics from the BASE v3 WETH 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

  • WETH Borrows decreased 13.76%, from $5.95M to $5.13M.
  • WETH Supply decreased 27.08%, from $13.76M to $10.03M.
  • WETH utilization increased 18.26%, from 43.24% to 51.14%.
  • The minimum WETH reserve growth was -24.23%, and the maximum was -6.89%. The average WETH reserve growth was -16.97%.
  • The comet accumulated $-0.38K WETH reserves while distributing $7.58K COMP rewards for a weekly Net Protocol Profit of $-7.96K.

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 WETH Update (2024-01-26 through 2024-02-01)

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

Simple Summary

  • WETH Borrows increased 6.22%, from $5.24M to $5.56M.
  • WETH Supply increased 7.59%, from $10.24M to $11.02M.
  • WETH utilization decreased 1.27%, from 51.14% to 50.49%.
  • The minimum WETH reserve growth was -14.29%, and the maximum was -8.72%. The average WETH reserve growth was -11.33%.
  • The comet accumulated $-0.26K WETH reserves while distributing $7.66K COMP rewards for a weekly Net Protocol Profit of $-7.92K.

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.

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