[Gauntlet] Ethereum v3 USDC Update: (12/1/23 - 12/7/23)
Gauntlet would like to provide the community with an update on the Ethereum v3 USDC comet over the past week.
Simple Summary
- USDC Borrows increased 2.72%, from $349.44M to $358.93M.
- USDC Supply increased 2.98%, from $372.78M to $383.89M.
- USDC utilization decreased 0.26%, from 93.74% to 93.5%.
- The minimum USDC reserve growth was 7.17%, and the maximum was 15.08%. The average USDC reserve growth was 9.69%.
- The comet accumulated $30.27K USDC reserves while distributing $165.17K COMP rewards for a weekly Net Protocol Profit of $-134.9K.
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.
USDC Borrows
This graph shows the time series of USDC borrows.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of USDC 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.
