[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.
