[Gauntlet] Weekly Market Updates - Ethereum/Arbitrum/Mantle

[Gauntlet] Weekly Market Update: (2025-03-10 through 2025-03-16)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows decreased 1.87%, from $416.89M to $409.09M.

  • USDC Supply increased 2.51%, from $552.80M to $566.70M.

  • USDC utilization decreased 4.28%, from 75.41% to 72.19%.

  • The minimum USDC reserve growth was -5.69%, and the maximum was -0.78%. The average USDC reserve growth was -4.20%.

  • The comet accumulated $-17.07K USDC reserves while distributing $40.70K COMP rewards for a weekly Net Protocol Profit of $-57.77K.

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)
ethereum 0.00 358.00 0.00

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

ethereum WETH Comet

Simple Summary

  • WETH Borrows decreased 11.18%, from $128.00M to $113.68M.

  • WETH Supply decreased 6.66%, from $142.39M to $132.91M.

  • WETH utilization decreased 4.85%, from 89.89% to 85.53%.

  • The minimum WETH reserve growth was 7.07%, and the maximum was 9.80%. The average WETH reserve growth was 8.28%.

  • The comet accumulated $4.57K WETH reserves while distributing $15.88K COMP rewards for a weekly Net Protocol Profit of $-11.31K.

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)
ethereum 0.00 358.00 0.00

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows increased 10.95%, from $6.18M to $6.86M.

  • wstETH Supply decreased 17.22%, from $12.10M to $10.02M.

  • wstETH utilization increased 34.04%, from 51.07% to 68.45%.

  • The minimum wstETH reserve growth was 28.84%, and the maximum was 39.01%. The average wstETH reserve growth was 36.22%.

  • The comet accumulated $893.45 wstETH reserves while distributing $3.46K COMP rewards for a weekly Net Protocol Profit of $-2.57K.

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)
ethereum 0.00 358.00 0.00

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

ethereum USDS Comet

Simple Summary

  • USDS Borrows increased 16.50%, from $9.26M to $10.79M.

  • USDS Supply increased 4.81%, from $12.97M to $13.59M.

  • USDS utilization increased 11.16%, from 71.45% to 79.42%.

  • The minimum USDS reserve growth was -12.76%, and the maximum was 2.64%. The average USDS reserve growth was -2.49%.

  • The comet accumulated $-190.16 USDS reserves while distributing $8.66K 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)
ethereum 0.00 358.00 0.00

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

ethereum USDT Comet

Simple Summary

  • USDT Borrows decreased 10.00%, from $126.94M to $114.24M.

  • USDT Supply increased 7.69%, from $173.42M to $186.75M.

  • USDT utilization decreased 16.43%, from 73.20% to 61.18%.

  • The minimum USDT reserve growth was -19.07%, and the maximum was -4.43%. The average USDT reserve growth was -16.23%.

  • The comet accumulated $-16.80K USDT reserves while distributing $34.64K COMP rewards for a weekly Net Protocol Profit of $-51.45K.

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)
ethereum 0.00 358.00 0.00

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows decreased 9.37%, from $588.95K to $533.74K.

  • USDC.e Supply has not changed, remaining at $773.23K.

  • USDC.e utilization decreased 9.37%, from 76.17% to 69.03%.

  • The minimum USDC.e reserve growth was -2.67%, and the maximum was 3.38%. The average USDC.e reserve growth was -1.60%.

  • The comet accumulated $-6.19 USDC.e reserves while distributing $0.00 COMP rewards for a weekly Net Protocol Profit of $-6.19.

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)
arbitrum 5.83K 66.00 88.30

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

arbitrum USDC Comet

Simple Summary

  • USDC Borrows decreased 5.46%, from $30.14M to $28.49M.

  • USDC Supply increased 1.36%, from $37.09M to $37.60M.

  • USDC utilization decreased 6.73%, from 81.26% to 75.79%.

  • The minimum USDC reserve growth was 1.00%, and the maximum was 12.23%. The average USDC reserve growth was 6.46%.

  • The comet accumulated $1.60K USDC reserves while distributing $8.66K COMP rewards for a weekly Net Protocol Profit of $-7.06K.

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)
arbitrum 5.83K 66.00 88.30

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

arbitrum WETH Comet

Simple Summary

  • WETH Borrows decreased 9.29%, from $11.67M to $10.59M.

  • WETH Supply decreased 8.43%, from $12.92M to $11.83M.

  • WETH utilization did not change, remaining at 90.38%.

  • The minimum WETH reserve growth was 20.78%, and the maximum was 28.41%. The average WETH reserve growth was 27.24%.

  • The comet accumulated $1.40K WETH reserves while distributing $3.18K COMP rewards for a weekly Net Protocol Profit of $-1.78K.

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)
arbitrum 5.83K 66.00 88.30

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

arbitrum USDT Comet

Simple Summary

  • USDT Borrows decreased 8.67%, from $19.00M to $17.36M.

  • USDT Supply increased 5.62%, from $35.96M to $37.98M.

  • USDT utilization decreased 13.53%, from 52.84% to 45.69%.

  • The minimum USDT reserve growth was -44.92%, and the maximum was -30.37%. The average USDT reserve growth was -41.31%.

  • The comet accumulated $-5.20K USDT reserves while distributing $7.22K COMP rewards for a weekly Net Protocol Profit of $-12.42K.

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)
arbitrum 5.83K 66.00 88.30

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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.

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows increased 3.37%, from $2.89M to $2.98M.

  • USDe Supply has not changed, remaining at $10.02M.

  • USDe utilization increased 3.32%, from 28.83% to 29.78%.

  • The minimum USDe reserve growth was -64.90%, and the maximum was -56.51%. The average USDe reserve growth was -62.79%.

  • The comet accumulated $-776.97 USDe reserves while distributing $2.31K COMP rewards for a weekly Net Protocol Profit of $-3.09K.

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)
mantle 0.00 0.00 0.00

Collateral Asset Supply

This graph shows the trend of total supply of all collateral assets.

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

Base Asset Borrows

This graph shows the trend of total borrows of the base asset.

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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[Gauntlet] Weekly Market Update: (2025-03-17 through 2025-03-23)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows have not changed, remaining at $409.10M.

  • USDC Supply decreased 6.39%, from $566.70M to $530.51M.

  • USDC utilization increased 7.81%, from 72.19% to 77.83%.

  • The minimum USDC reserve growth was -5.69%, and the maximum was 0.07%. The average USDC reserve growth was -2.51%.

  • The comet accumulated $-10.14K USDC reserves while distributing $42.44K COMP rewards for a weekly Net Protocol Profit of $-52.59K.

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)
ethereum 30.95K 358.00 86.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum WETH Comet

Simple Summary

  • WETH Borrows have not changed, remaining at $114.93M.

  • WETH Supply increased 3.07%, from $134.36M to $138.48M.

  • WETH utilization decreased 2.88%, from 85.53% to 83.07%.

  • The minimum WETH reserve growth was 5.28%, and the maximum was 9.66%. The average WETH reserve growth was 7.74%.

  • The comet accumulated $4.12K WETH reserves while distributing $16.56K COMP rewards for a weekly Net Protocol Profit of $-12.44K.

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)
ethereum 30.95K 358.00 86.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows increased 21.69%, from $6.92M to $8.42M.

  • wstETH Supply has not changed, remaining at $10.11M.

  • wstETH utilization increased 22.08%, from 68.45% to 83.57%.

  • The minimum wstETH reserve growth was 37.55%, and the maximum was 44.70%. The average wstETH reserve growth was 40.20%.

  • The comet accumulated $1.20K wstETH reserves while distributing $3.61K COMP rewards for a weekly Net Protocol Profit of $-2.42K.

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)
ethereum 30.95K 358.00 86.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum USDS Comet

Simple Summary

  • USDS Borrows increased 7.28%, from $10.79M to $11.58M.

  • USDS Supply increased 3.49%, from $13.59M to $14.06M.

  • USDS utilization increased 3.67%, from 79.42% to 82.33%.

  • The minimum USDS reserve growth was -2.09%, and the maximum was 4.69%. The average USDS reserve growth was 1.59%.

  • The comet accumulated $195.08 USDS reserves while distributing $9.03K COMP rewards for a weekly Net Protocol Profit of $-8.84K.

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)
ethereum 30.95K 358.00 86.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum USDT Comet

Simple Summary

  • USDT Borrows have not changed, remaining at $114.25M.

  • USDT Supply has not changed, remaining at $186.75M.

  • USDT utilization did not change, remaining at 61.18%.

  • The minimum USDT reserve growth was -20.67%, and the maximum was -12.00%. The average USDT reserve growth was -17.70%.

  • The comet accumulated $-17.72K USDT reserves while distributing $36.12K COMP rewards for a weekly Net Protocol Profit of $-53.84K.

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)
ethereum 30.95K 358.00 86.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows decreased 2.28%, from $533.74K to $521.60K.

  • USDC.e Supply decreased 7.86%, from $773.19K to $712.41K.

  • USDC.e utilization increased 6.06%, from 69.03% to 73.22%.

  • The minimum USDC.e reserve growth was -4.74%, and the maximum was 1.13%. The average USDC.e reserve growth was 0.07%.

  • The comet accumulated $0.39 USDC.e reserves while distributing $0.00 COMP rewards for a weekly Net Protocol Profit of $0.39.

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)
arbitrum 5.37K 66.00 81.40

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

arbitrum USDC Comet

Simple Summary

  • USDC Borrows decreased 1.48%, from $28.49M to $28.07M.

  • USDC Supply decreased 4.04%, from $37.60M to $36.08M.

  • USDC utilization increased 2.66%, from 75.79% to 77.81%.

  • The minimum USDC reserve growth was 1.67%, and the maximum was 5.39%. The average USDC reserve growth was 3.86%.

  • The comet accumulated $844.39 USDC reserves while distributing $9.03K COMP rewards for a weekly Net Protocol Profit of $-8.19K.

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)
arbitrum 5.37K 66.00 81.40

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

arbitrum WETH Comet

Simple Summary

  • WETH Borrows increased 3.11%, from $10.67M to $11.00M.

  • WETH Supply increased 2.91%, from $11.92M to $12.26M.

  • WETH utilization did not change, remaining at 89.53%.

  • The minimum WETH reserve growth was 19.83%, and the maximum was 28.38%. The average WETH reserve growth was 25.82%.

  • The comet accumulated $1.53K WETH reserves while distributing $3.31K COMP rewards for a weekly Net Protocol Profit of $-1.78K.

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)
arbitrum 5.37K 66.00 81.40

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

arbitrum USDT Comet

Simple Summary

  • USDT Borrows have not changed, remaining at $17.36M.

  • USDT Supply increased 1.25%, from $37.98M to $38.46M.

  • USDT utilization did not change, remaining at 45.69%.

  • The minimum USDT reserve growth was -45.58%, and the maximum was -42.18%. The average USDT reserve growth was -43.58%.

  • The comet accumulated $-5.43K USDT reserves while distributing $7.53K COMP rewards for a weekly Net Protocol Profit of $-12.95K.

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)
arbitrum 5.37K 66.00 81.40

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows increased 5.28%, from $2.98M to $3.14M.

  • USDe Supply has not changed, remaining at $10.02M.

  • USDe utilization increased 5.26%, from 29.78% to 31.35%.

  • The minimum USDe reserve growth was -56.61%, and the maximum was -53.29%. The average USDe reserve growth was -55.10%.

  • The comet accumulated $-811.00 USDe reserves while distributing $2.41K COMP rewards for a weekly Net Protocol Profit of $-3.22K.

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)
mantle 0.00 0.00 0.00

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

[Gauntlet] Weekly Market Update: (2025-03-24 through 2025-03-30)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows have not changed, remaining at $412.94M.

  • USDC Supply increased 3.68%, from $530.51M to $550.02M.

  • USDC utilization decreased 3.44%, from 77.84% to 75.16%.

  • The minimum USDC reserve growth was -2.98%, and the maximum was 2.55%. The average USDC reserve growth was -0.21%.

  • The comet accumulated $-770.35 USDC reserves while distributing $41.83K COMP rewards for a weekly Net Protocol Profit of $-42.60K.

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)
ethereum 28.11K 358.00 78.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum WETH Comet

Simple Summary

  • WETH Borrows decreased 20.47%, from $115.73M to $92.05M.

  • WETH Supply decreased 25.57%, from $139.32M to $103.69M.

  • WETH utilization increased 6.86%, from 83.07% to 88.77%.

  • The minimum WETH reserve growth was 5.57%, and the maximum was 9.78%. The average WETH reserve growth was 8.84%.

  • The comet accumulated $4.51K WETH reserves while distributing $16.32K COMP rewards for a weekly Net Protocol Profit of $-11.80K.

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)
ethereum 28.11K 358.00 78.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows increased 5.80%, from $8.47M to $8.96M.

  • wstETH Supply increased 6.75%, from $10.13M to $10.82M.

  • wstETH utilization did not change, remaining at 83.57%.

  • The minimum wstETH reserve growth was 39.38%, and the maximum was 44.70%. The average wstETH reserve growth was 42.75%.

  • The comet accumulated $1.61K wstETH reserves while distributing $3.56K COMP rewards for a weekly Net Protocol Profit of $-1.95K.

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)
ethereum 28.11K 358.00 78.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum USDS Comet

Simple Summary

  • USDS Borrows decreased 7.68%, from $11.58M to $10.69M.

  • USDS Supply increased 19.37%, from $14.06M to $16.79M.

  • USDS utilization decreased 22.66%, from 82.33% to 63.67%.

  • The minimum USDS reserve growth was -33.97%, and the maximum was 3.86%. The average USDS reserve growth was -14.43%.

  • The comet accumulated $-1.16K USDS reserves while distributing $8.90K COMP rewards for a weekly Net Protocol Profit of $-10.06K.

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)
ethereum 28.11K 358.00 78.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

ethereum USDT Comet

Simple Summary

  • USDT Borrows increased 4.32%, from $113.15M to $118.04M.

  • USDT Supply decreased 2.81%, from $186.21M to $180.98M.

  • USDT utilization increased 7.34%, from 60.76% to 65.22%.

  • The minimum USDT reserve growth was -19.28%, and the maximum was -13.42%. The average USDT reserve growth was -15.04%.

  • The comet accumulated $-15.60K USDT reserves while distributing $35.60K COMP rewards for a weekly Net Protocol Profit of $-51.20K.

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)
ethereum 28.11K 358.00 78.50

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows increased 1.20%, from $521.60K to $527.87K.

  • USDC.e Supply has not changed, remaining at $712.42K.

  • USDC.e utilization increased 1.14%, from 73.22% to 74.05%.

  • The minimum USDC.e reserve growth was -0.91%, and the maximum was 1.68%. The average USDC.e reserve growth was 0.55%.

  • The comet accumulated $2.29 USDC.e reserves while distributing $0.00 COMP rewards for a weekly Net Protocol Profit of $2.29.

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)
arbitrum 5.03K 66.00 76.20

Collateral Asset Supply

Please see the live version of this graph here.

Base Asset Borrows

Please see the live version of this graph here.

Utilization

Supply Cap Usage

arbitrum USDC Comet

Simple Summary

  • USDC Borrows have not changed, remaining at $28.07M.

  • USDC Supply decreased 8.66%, from $35.89M to $32.78M.

  • USDC utilization increased 9.94%, from 78.22% to 85.99%.

  • The minimum USDC reserve growth was 4.99%, and the maximum was 12.31%. The average USDC reserve growth was 9.64%.

  • The comet accumulated $2.26K USDC reserves while distributing $8.90K COMP rewards for a weekly Net Protocol Profit of $-6.64K.

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)
arbitrum 5.03K 66.00 76.20

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum WETH Comet

Simple Summary

  • WETH Borrows decreased 9.03%, from $10.94M to $9.95M.

  • WETH Supply decreased 9.41%, from $12.23M to $11.08M.

  • WETH utilization did not change, remaining at 89.44%.

  • The minimum WETH reserve growth was 27.26%, and the maximum was 28.41%. The average WETH reserve growth was 28.12%.

  • The comet accumulated $1.34K WETH reserves while distributing $3.26K COMP rewards for a weekly Net Protocol Profit of $-1.92K.

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)
arbitrum 5.03K 66.00 76.20

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDT Comet

Simple Summary

  • USDT Borrows increased 1.25%, from $17.43M to $17.65M.

  • USDT Supply decreased 14.48%, from $38.46M to $32.89M.

  • USDT utilization increased 18.40%, from 45.32% to 53.65%.

  • The minimum USDT reserve growth was -43.41%, and the maximum was -25.24%. The average USDT reserve growth was -27.56%.

  • The comet accumulated $-3.96K USDT reserves while distributing $7.42K COMP rewards for a weekly Net Protocol Profit of $-11.38K.

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)
arbitrum 5.03K 66.00 76.20

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows decreased 1.67%, from $3.14M to $3.09M.

  • USDe Supply has not changed, remaining at $10.02M.

  • USDe utilization decreased 1.70%, from 31.35% to 30.82%.

  • The minimum USDe reserve growth was -55.29%, and the maximum was -53.30%. The average USDe reserve growth was -53.86%.

  • The comet accumulated $-815.36 USDe reserves while distributing $2.37K COMP rewards for a weekly Net Protocol Profit of $-3.19K.

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)
mantle 3.03K 8.00 378.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

[Gauntlet] Weekly Market Update: (2025-04-28 through 2025-05-04)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows have not changed, remaining at $408.98M.

  • USDC Supply increased 1.32%, from $509.21M to $515.92M.

  • USDC utilization did not change, remaining at 80.32%.

  • The minimum USDC reserve growth was -0.16%, and the maximum was 2.57%. The average USDC reserve growth was 1.54%.

  • The comet accumulated $5.82K USDC reserves while distributing 40.35K COMP rewards for a weekly Net Protocol Profit of -34.54K.

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)
ethereum 18.07K 358.00 50.50

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum WETH Comet

Simple Summary

  • WETH Borrows increased 12.92%, from $85.45M to $96.49M.

  • WETH Supply increased 6.41%, from $122.18M to $130.00M.

  • WETH utilization increased 6.12%, from 69.94% to 74.22%.

  • The minimum WETH reserve growth was -3.64%, and the maximum was 1.67%. The average WETH reserve growth was -0.27%.

  • The comet accumulated $-90.97 WETH reserves while distributing 15.74K COMP rewards for a weekly Net Protocol Profit of -15.83K.

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)
ethereum 18.07K 358.00 50.50

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows increased 3.22%, from $6.42M to $6.63M.

  • wstETH Supply increased 1.71%, from $15.51M to $15.78M.

  • wstETH utilization increased 1.49%, from 41.41% to 42.03%.

  • The minimum wstETH reserve growth was 22.09%, and the maximum was 24.89%. The average wstETH reserve growth was 24.43%.

  • The comet accumulated $496.39 wstETH reserves while distributing 3.43K COMP rewards for a weekly Net Protocol Profit of -2.94K.

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)
ethereum 18.07K 358.00 50.50

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDS Comet

Simple Summary

  • USDS Borrows increased 22.91%, from $8.50M to $10.45M.

  • USDS Supply increased 11.99%, from $14.17M to $15.87M.

  • USDS utilization increased 9.75%, from 60.00% to 65.85%.

  • The minimum USDS reserve growth was -18.27%, and the maximum was -2.52%. The average USDS reserve growth was -13.13%.

  • The comet accumulated $-1.03K USDS reserves while distributing 8.59K COMP rewards for a weekly Net Protocol Profit of -9.62K.

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)
ethereum 18.07K 358.00 50.50

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDT Comet

Simple Summary

  • USDT Borrows have not changed, remaining at $137.56M.

  • USDT Supply decreased 9.00%, from $204.28M to $185.91M.

  • USDT utilization increased 10.90%, from 67.34% to 74.67%.

  • The minimum USDT reserve growth was -23.50%, and the maximum was 0.37%. The average USDT reserve growth was -7.37%.

  • The comet accumulated $-8.21K USDT reserves while distributing 34.34K COMP rewards for a weekly Net Protocol Profit of -42.55K.

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)
ethereum 18.07K 358.00 50.50

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows increased 4.17%, from $491.66K to $512.18K.

  • USDC.e Supply has not changed, remaining at $699.49K.

  • USDC.e utilization increased 4.41%, from 70.29% to 73.39%.

  • The minimum USDC.e reserve growth was -1.55%, and the maximum was 1.69%. The average USDC.e reserve growth was 1.14%.

  • The comet accumulated $4.47 USDC.e reserves while distributing $0.00 COMP rewards for a weekly Net Protocol Profit of $4.47.

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)
arbitrum 2.96K 66.00 44.90

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDC Comet

Simple Summary

  • USDC Borrows increased 3.06%, from $25.92M to $26.72M.

  • USDC Supply increased 1.26%, from $38.34M to $38.82M.

  • USDC utilization increased 1.78%, from 67.62% to 68.82%.

  • The minimum USDC reserve growth was -10.51%, and the maximum was -6.77%. The average USDC reserve growth was -8.64%.

  • The comet accumulated $-1.90K USDC reserves while distributing 8.59K COMP rewards for a weekly Net Protocol Profit of -10.48K.

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)
arbitrum 2.96K 66.00 44.90

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum WETH Comet

Simple Summary

  • WETH Borrows increased 5.86%, from $9.19M to $9.73M.

  • WETH Supply increased 5.43%, from $10.46M to $11.03M.

  • WETH utilization did not change, remaining at 87.84%.

  • The minimum WETH reserve growth was 22.30%, and the maximum was 28.42%. The average WETH reserve growth was 27.37%.

  • The comet accumulated $1.22K WETH reserves while distributing 3.15K COMP rewards for a weekly Net Protocol Profit of -1.93K.

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)
arbitrum 2.96K 66.00 44.90

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDT Comet

Simple Summary

  • USDT Borrows have not changed, remaining at $18.38M.

  • USDT Supply decreased 1.68%, from $28.92M to $28.44M.

  • USDT utilization increased 2.55%, from 63.56% to 65.18%.

  • The minimum USDT reserve growth was -15.88%, and the maximum was -11.35%. The average USDT reserve growth was -12.95%.

  • The comet accumulated $-1.91K USDT reserves while distributing 7.15K COMP rewards for a weekly Net Protocol Profit of -9.07K.

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)
arbitrum 2.96K 66.00 44.90

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows increased 1.02%, from $2.00M to $2.02M.

  • USDe Supply has not changed, remaining at $10.03M.

  • USDe utilization did not change, remaining at 19.98%.

  • The minimum USDe reserve growth was -80.18%, and the maximum was -79.00%. The average USDe reserve growth was -79.51%.

  • The comet accumulated $-671.60 USDe reserves while distributing 2.29K COMP rewards for a weekly Net Protocol Profit of -2.96K.

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)
mantle 2.87K 8.00 358.50

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

[Gauntlet] Weekly Market Update: (2025-05-05 through 2025-05-11)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows increased 3.04%, from $411.32M to $423.81M.

  • USDC Supply decreased 3.81%, from $515.92M to $496.27M.

  • USDC utilization increased 7.12%, from 79.73% to 85.40%.

  • The minimum USDC reserve growth was 0.34%, and the maximum was 7.06%. The average USDC reserve growth was 3.03%.

  • The comet accumulated $10.01K USDC reserves while distributing 42.61K COMP rewards for a weekly Net Protocol Profit of -32.60K.

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)
ethereum 47.87K 358.00 133.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum WETH Comet

Simple Summary

  • WETH Borrows increased 42.97%, from $97.01M to $138.69M.

  • WETH Supply increased 37.25%, from $130.69M to $179.37M.

  • WETH utilization increased 4.17%, from 74.22% to 77.32%.

  • The minimum WETH reserve growth was -0.93%, and the maximum was 11.68%. The average WETH reserve growth was 4.06%.

  • The comet accumulated $2.44K WETH reserves while distributing 16.62K COMP rewards for a weekly Net Protocol Profit of -14.18K.

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)
ethereum 47.87K 358.00 133.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows increased 26.37%, from $6.67M to $8.43M.

  • wstETH Supply increased 29.84%, from $15.87M to $20.61M.

  • wstETH utilization decreased 2.68%, from 42.03% to 40.90%.

  • The minimum wstETH reserve growth was 22.09%, and the maximum was 26.36%. The average wstETH reserve growth was 24.28%.

  • The comet accumulated $519.54 wstETH reserves while distributing 3.63K COMP rewards for a weekly Net Protocol Profit of -3.11K.

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)
ethereum 47.87K 358.00 133.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDS Comet

Simple Summary

  • USDS Borrows decreased 1.42%, from $10.45M to $10.30M.

  • USDS Supply decreased 2.75%, from $15.87M to $15.43M.

  • USDS utilization increased 1.37%, from 65.85% to 66.75%.

  • The minimum USDS reserve growth was -13.56%, and the maximum was -5.65%. The average USDS reserve growth was -9.17%.

  • The comet accumulated $-717.00 USDS reserves while distributing 9.07K COMP rewards for a weekly Net Protocol Profit of -9.78K.

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)
ethereum 47.87K 358.00 133.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDT Comet

Simple Summary

  • USDT Borrows increased 19.30%, from $138.82M to $165.61M.

  • USDT Supply decreased 1.68%, from $185.91M to $182.78M.

  • USDT utilization increased 21.34%, from 74.67% to 90.61%.

  • The minimum USDT reserve growth was -10.36%, and the maximum was 9.76%. The average USDT reserve growth was 1.15%.

  • The comet accumulated $1.46K USDT reserves while distributing 36.26K COMP rewards for a weekly Net Protocol Profit of -34.81K.

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)
ethereum 47.87K 358.00 133.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows decreased 1.85%, from $512.18K to $502.73K.

  • USDC.e Supply has not changed, remaining at $697.93K.

  • USDC.e utilization decreased 1.74%, from 73.39% to 72.11%.

  • The minimum USDC.e reserve growth was 0.03%, and the maximum was 1.24%. The average USDC.e reserve growth was 0.84%.

  • The comet accumulated $3.27 USDC.e reserves while distributing $0.00 COMP rewards for a weekly Net Protocol Profit of $3.27.

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)
arbitrum 8.58K 66.00 130.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDC Comet

Simple Summary

  • USDC Borrows have not changed, remaining at $26.72M.

  • USDC Supply decreased 3.13%, from $38.82M to $37.61M.

  • USDC utilization increased 4.18%, from 68.82% to 71.69%.

  • The minimum USDC reserve growth was -10.42%, and the maximum was -1.95%. The average USDC reserve growth was -5.99%.

  • The comet accumulated $-1.34K USDC reserves while distributing 9.07K COMP rewards for a weekly Net Protocol Profit of -10.41K.

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)
arbitrum 8.58K 66.00 130.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum WETH Comet

Simple Summary

  • WETH Borrows increased 38.62%, from $9.78M to $13.55M.

  • WETH Supply increased 49.06%, from $11.08M to $16.52M.

  • WETH utilization decreased 7.01%, from 88.20% to 82.02%.

  • The minimum WETH reserve growth was 22.52%, and the maximum was 28.04%. The average WETH reserve growth was 26.64%.

  • The comet accumulated $1.29K WETH reserves while distributing 3.32K COMP rewards for a weekly Net Protocol Profit of -2.04K.

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)
arbitrum 8.58K 66.00 130.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDT Comet

Simple Summary

  • USDT Borrows increased 2.41%, from $18.53M to $18.98M.

  • USDT Supply decreased 7.24%, from $28.44M to $26.38M.

  • USDT utilization increased 10.40%, from 65.18% to 71.96%.

  • The minimum USDT reserve growth was -51.01%, and the maximum was -2.89%. The average USDT reserve growth was -18.88%.

  • The comet accumulated $-2.41K USDT reserves while distributing 7.55K COMP rewards for a weekly Net Protocol Profit of -9.97K.

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)
arbitrum 8.58K 66.00 130.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows decreased 1.29%, from $2.02M to $2.00M.

  • USDe Supply decreased 49.81%, from $10.04M to $5.04M.

  • USDe utilization increased 96.64%, from 20.15% to 39.63%.

  • The minimum USDe reserve growth was -79.63%, and the maximum was -33.32%. The average USDe reserve growth was -48.99%.

  • The comet accumulated $-488.92 USDe reserves while distributing 2.42K COMP rewards for a weekly Net Protocol Profit of -2.91K.

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)
mantle 2.85K 8.00 356.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

[Gauntlet] Weekly Market Update: (2025-05-12 through 2025-05-18)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows increased 2.21%, from $423.81M to $433.18M.

  • USDC Supply decreased 2.85%, from $496.26M to $482.10M.

  • USDC utilization increased 5.21%, from 85.40% to 89.85%.

  • The minimum USDC reserve growth was 7.03%, and the maximum was 9.91%. The average USDC reserve growth was 8.61%.

  • The comet accumulated $23.60K USDC reserves while distributing 39.06K COMP rewards for a weekly Net Protocol Profit of -15.47K.

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)
ethereum 45.75K 358.00 127.80

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum WETH Comet

Simple Summary

  • WETH Borrows increased 13.93%, from $140.33M to $159.87M.

  • WETH Supply decreased 5.41%, from $181.16M to $171.35M.

  • WETH utilization increased 20.45%, from 77.46% to 93.30%.

  • The minimum WETH reserve growth was 0.02%, and the maximum was 9.15%. The average WETH reserve growth was 4.82%.

  • The comet accumulated $2.77K WETH reserves while distributing 15.24K COMP rewards for a weekly Net Protocol Profit of -12.47K.

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)
ethereum 45.75K 358.00 127.80

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows increased 6.06%, from $8.52M to $9.03M.

  • wstETH Supply decreased 2.35%, from $20.82M to $20.33M.

  • wstETH utilization increased 8.61%, from 40.90% to 44.43%.

  • The minimum wstETH reserve growth was 23.58%, and the maximum was 28.05%. The average wstETH reserve growth was 25.70%.

  • The comet accumulated $605.91 wstETH reserves while distributing 3.32K COMP rewards for a weekly Net Protocol Profit of -2.72K.

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)
ethereum 45.75K 358.00 127.80

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDS Comet

Simple Summary

  • USDS Borrows increased 4.62%, from $10.30M to $10.77M.

  • USDS Supply decreased 18.39%, from $15.43M to $12.59M.

  • USDS utilization increased 28.19%, from 66.75% to 85.56%.

  • The minimum USDS reserve growth was -9.71%, and the maximum was 7.14%. The average USDS reserve growth was -0.25%.

  • The comet accumulated $7.69 USDS reserves while distributing 8.31K COMP rewards for a weekly Net Protocol Profit of -8.30K.

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)
ethereum 45.75K 358.00 127.80

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDT Comet

Simple Summary

  • USDT Borrows increased 3.49%, from $165.61M to $171.40M.

  • USDT Supply increased 5.30%, from $183.28M to $192.99M.

  • USDT utilization decreased 1.71%, from 90.36% to 88.81%.

  • The minimum USDT reserve growth was 6.52%, and the maximum was 10.00%. The average USDT reserve growth was 8.74%.

  • The comet accumulated $11.23K USDT reserves while distributing 33.25K COMP rewards for a weekly Net Protocol Profit of -22.01K.

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)
ethereum 45.75K 358.00 127.80

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows decreased 1.38%, from $502.73K to $495.80K.

  • USDC.e Supply has not changed, remaining at $697.21K.

  • USDC.e utilization decreased 1.41%, from 72.11% to 71.09%.

  • The minimum USDC.e reserve growth was -1.11%, and the maximum was 0.15%. The average USDC.e reserve growth was -0.44%.

  • The comet accumulated $-1.37 USDC.e reserves while distributing 0.00 COMP rewards for a weekly Net Protocol Profit of -1.37.

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)
arbitrum 8.14K 66.00 123.40

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDC Comet

Simple Summary

  • USDC Borrows decreased 7.97%, from $26.96M to $24.81M.

  • USDC Supply decreased 12.21%, from $37.61M to $33.02M.

  • USDC utilization increased 4.83%, from 71.69% to 75.15%.

  • The minimum USDC reserve growth was -3.11%, and the maximum was 5.49%. The average USDC reserve growth was 0.75%.

  • The comet accumulated $130.87 USDC reserves while distributing 8.31K COMP rewards for a weekly Net Protocol Profit of -8.18K.

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)
arbitrum 8.14K 66.00 123.40

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum WETH Comet

Simple Summary

  • WETH Borrows increased 4.30%, from $13.67M to $14.26M.

  • WETH Supply decreased 4.62%, from $16.67M to $15.90M.

  • WETH utilization increased 9.35%, from 82.02% to 89.69%.

  • The minimum WETH reserve growth was 23.59%, and the maximum was 28.40%. The average WETH reserve growth was 27.23%.

  • The comet accumulated $1.50K WETH reserves while distributing 3.05K COMP rewards for a weekly Net Protocol Profit of -1.55K.

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)
arbitrum 8.14K 66.00 123.40

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDT Comet

Simple Summary

  • USDT Borrows increased 5.68%, from $19.16M to $20.25M.

  • USDT Supply decreased 6.59%, from $26.38M to $24.64M.

  • USDT utilization increased 13.13%, from 72.64% to 82.18%.

  • The minimum USDT reserve growth was -2.34%, and the maximum was 4.93%. The average USDT reserve growth was 1.32%.

  • The comet accumulated $162.63 USDT reserves while distributing 6.93K COMP rewards for a weekly Net Protocol Profit of -6.76K.

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)
arbitrum 8.14K 66.00 123.40

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows decreased 20.34%, from $2.00M to $1.59M.

  • USDe Supply has not changed, remaining at $5.04M.

  • USDe utilization decreased 20.39%, from 39.63% to 31.55%.

  • The minimum USDe reserve growth was -76.04%, and the maximum was -37.59%. The average USDe reserve growth was -60.18%.

  • The comet accumulated $-384.29 USDe reserves while distributing 2.56K COMP rewards for a weekly Net Protocol Profit of -2.94K.

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)
mantle 2.77K 8.00 346.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

[Gauntlet] Weekly Market Update: (2025-05-26 through 2025-06-01)

Ethereum Ecosystem Update

ethereum USDC Comet

Simple Summary

  • USDC Borrows decreased 3.48%, from $437.91M to $422.68M.

  • USDC Supply decreased 1.49%, from $499.36M to $491.94M.

  • USDC utilization decreased 2.02%, from 87.69% to 85.92%.

  • The minimum USDC reserve growth was 6.66%, and the maximum was 9.51%. The average USDC reserve growth was 8.47%.

  • The comet accumulated $29.35K USDC reserves while distributing 41.15K COMP rewards for a weekly Net Protocol Profit of -11.80K.

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)
ethereum 42.95K 358.00 120.00

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum WETH Comet

Simple Summary

  • WETH Borrows decreased 19.53%, from $168.83M to $135.86M.

  • WETH Supply decreased 17.92%, from $188.31M to $154.56M.

  • WETH utilization decreased 1.96%, from 89.66% to 87.90%.

  • The minimum WETH reserve growth was 1.50%, and the maximum was 9.81%. The average WETH reserve growth was 8.35%.

  • The comet accumulated $7.12K WETH reserves while distributing 16.05K COMP rewards for a weekly Net Protocol Profit of -8.94K.

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)
ethereum 42.95K 358.00 120.00

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum wstETH Comet

Simple Summary

  • wstETH Borrows have not changed, remaining at $9.29M.

  • wstETH Supply decreased 1.64%, from $18.93M to $18.62M.

  • wstETH utilization did not change, remaining at 49.07%.

  • The minimum wstETH reserve growth was 28.87%, and the maximum was 30.93%. The average wstETH reserve growth was 29.47%.

  • The comet accumulated $916.62 wstETH reserves while distributing 3.50K COMP rewards for a weekly Net Protocol Profit of -2.59K.

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)
ethereum 42.95K 358.00 120.00

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDS Comet

Simple Summary

  • USDS Borrows increased 2.06%, from $10.58M to $10.80M.

  • USDS Supply has not changed, remaining at $12.07M.

  • USDS utilization increased 2.82%, from 87.65% to 90.12%.

  • The minimum USDS reserve growth was 0.80%, and the maximum was 9.99%. The average USDS reserve growth was 4.68%.

  • The comet accumulated $429.49 USDS reserves while distributing 8.76K COMP rewards for a weekly Net Protocol Profit of -8.33K.

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)
ethereum 42.95K 358.00 120.00

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

ethereum USDT Comet

Simple Summary

  • USDT Borrows decreased 2.02%, from $177.31M to $173.74M.

  • USDT Supply decreased 4.13%, from $206.74M to $198.19M.

  • USDT utilization increased 2.21%, from 85.77% to 87.66%.

  • The minimum USDT reserve growth was 6.97%, and the maximum was 9.82%. The average USDT reserve growth was 8.35%.

  • The comet accumulated $11.36K USDT reserves while distributing 35.02K COMP rewards for a weekly Net Protocol Profit of -23.66K.

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)
ethereum 42.95K 358.00 120.00

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Arbitrum Ecosystem Update

arbitrum USDC.e Comet

Simple Summary

  • USDC.e Borrows decreased 4.18%, from $496.78K to $476.01K.

  • USDC.e Supply has not changed, remaining at $696.40K.

  • USDC.e utilization decreased 3.49%, from 71.34% to 68.85%.

  • The minimum USDC.e reserve growth was -2.83%, and the maximum was 0.30%. The average USDC.e reserve growth was -0.41%.

  • The comet accumulated $-1.46 USDC.e reserves while distributing 0.00 COMP rewards for a weekly Net Protocol Profit of -1.46.

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)
arbitrum 7.37K 66.00 111.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDC Comet

Simple Summary

  • USDC Borrows have not changed, remaining at $26.29M.

  • USDC Supply increased 8.21%, from $30.17M to $32.64M.

  • USDC utilization decreased 6.73%, from 87.16% to 81.30%.

  • The minimum USDC reserve growth was 4.07%, and the maximum was 9.90%. The average USDC reserve growth was 8.44%.

  • The comet accumulated $1.72K USDC reserves while distributing 8.76K COMP rewards for a weekly Net Protocol Profit of -7.04K.

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)
arbitrum 7.37K 66.00 111.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum WETH Comet

Simple Summary

  • WETH Borrows decreased 13.34%, from $13.13M to $11.38M.

  • WETH Supply decreased 5.22%, from $15.70M to $14.88M.

  • WETH utilization decreased 8.57%, from 83.66% to 76.49%.

  • The minimum WETH reserve growth was 20.76%, and the maximum was 25.44%. The average WETH reserve growth was 22.52%.

  • The comet accumulated $1.11K WETH reserves while distributing 3.21K COMP rewards for a weekly Net Protocol Profit of -2.10K.

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)
arbitrum 7.37K 66.00 111.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

arbitrum USDT Comet

Simple Summary

  • USDT Borrows increased 2.74%, from $20.57M to $21.14M.

  • USDT Supply increased 5.65%, from $23.23M to $24.54M.

  • USDT utilization decreased 2.75%, from 88.57% to 86.13%.

  • The minimum USDT reserve growth was 6.80%, and the maximum was 9.99%. The average USDT reserve growth was 8.78%.

  • The comet accumulated $1.51K USDT reserves while distributing 7.30K COMP rewards for a weekly Net Protocol Profit of -5.79K.

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)
arbitrum 7.37K 66.00 111.70

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage

Mantle Ecosystem Update

mantle USDe Comet

Simple Summary

  • USDe Borrows increased 9.15%, from $1.80M to $1.96M.

  • USDe Supply has not changed, remaining at $5.04M.

  • USDe utilization increased 9.01%, from 35.69% to 38.90%.

  • The minimum USDe reserve growth was -45.07%, and the maximum was -39.51%. The average USDe reserve growth was -42.36%.

  • The comet accumulated $-417.37 USDe reserves while distributing 2.33K COMP rewards for a weekly Net Protocol Profit of -2.75K.

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)
mantle 2.73K 8.00 341.10

Collateral Asset Supply

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Base Asset Borrows

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Utilization

Supply Cap Usage