[Gauntlet] Ethereum v3 USDC Update: (12/08/23 - 12/14/23)
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 0.35%, from $367.86M to $369.13M.
- USDC Supply decreased 1.95%, from $389.69M to $382.1M.
- USDC utilization increased 2.34%, from 94.4% to 96.61%.
- The minimum USDC reserve growth was 6.29%, and the maximum was 10.06%. The average USDC reserve growth was 7.76%.
- The comet accumulated $37.77K USDC reserves while distributing $203.18K COMP rewards for a weekly Net Protocol Profit of $-165.41K.
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] Weekly Market Update: Ethereum USDC (2023-12-21 through 2023-12-27)
Gauntlet would like to provide the community with an update on metrics from the Ethereum USDC comet over the past week and will include any relevant recommendations.
Simple Summary
- USDC Borrows increased 0.87%, from $374.83M to $378.09M.
- USDC Supply increased 0.91%, from $393.71M to $397.29M.
- USDC utilization decreased 0.04%, from 95.2% to 95.17%.
- The minimum USDC reserve growth was 6.42%, and the maximum was 11.92%. The average USDC reserve growth was 7.84%.
- The comet accumulated $44.53K USDC reserves while distributing $143.97K COMP rewards for a weekly Net Protocol Profit of $-99.44K.
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] Weekly Market Update: Ethereum USDC (2023-12-28 through 2024-01-03)
Gauntlet would like to provide the community with an update on metrics from the Ethereum USDC comet over the past week and will include any relevant recommendations.
Simple Summary
- USDC Borrows increased 2.6%, from $378.03M to $387.85M.
- USDC Supply increased 1.28%, from $397.21M to $402.3M.
- USDC utilization increased 1.3%, from 95.17% to 96.41%.
- The minimum USDC reserve growth was 6.16%, and the maximum was 16.26%. The average USDC reserve growth was 8.85%.
- The comet accumulated $45.51K USDC reserves while distributing $146.71K COMP rewards for a weekly Net Protocol Profit of $-101.19K.
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.
1 Like
[Gauntlet] Weekly Market Update: Ethereum USDC (2024-01-04 through 2024-01-10)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
Simple Summary
- USDC Borrows decreased 0.83%, from $387.79M to $384.59M.
- USDC Supply increased 1.54%, from $396.89M to $403.0M.
- USDC utilization decreased 2.33%, from 97.71% to 95.43%.
- The minimum USDC reserve growth was 6.16%, and the maximum was 15.19%. The average USDC reserve growth was 9.28%.
- The comet accumulated $65.07K USDC reserves while distributing $127.81K COMP rewards for a weekly Net Protocol Profit of $-62.75K.
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] eekly Market Update: Ethereum USDC (2024-01-11 through 2024-01-17)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
Simple Summary
- USDC Borrows decreased 1.84%, from $385.28M to $378.18M.
- USDC Supply decreased 0.57%, from $403.83M to $401.54M.
- USDC utilization decreased 1.28%, from 95.41% to 94.18%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 19.92%. The average USDC reserve growth was 16.27%.
- The comet accumulated $113.84K USDC reserves while distributing $140.8K COMP rewards for a weekly Net Protocol Profit of $-26.97K.
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.
1 Like
[Gauntlet] Weekly Market Update: Ethereum USDC (2024-01-19 through 2024-01-25)
Gauntlet would like to provide the community with an update on metrics from the Ethereum USDC comet over the past week and will include any relevant recommendations. 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
- USDC Borrows decreased 2.37%, from $372.81M to $363.99M.
- USDC Supply decreased 0.51%, from $393.43M to $391.44M.
- USDC utilization decreased 1.87%, from 94.76% to 92.99%.
- The minimum USDC reserve growth was 13.86%, and the maximum was 20.01%. The average USDC reserve growth was 17.68%.
- The comet accumulated $97.72K USDC reserves while distributing $135.46K COMP rewards for a weekly Net Protocol Profit of $-37.73K.
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.
1 Like
[Gauntlet] Weekly Market Update: Ethereum USDC (2024-01-26 through 2024-02-01)
Gauntlet would like to provide the community with an update on metrics from the Ethereum USDC comet over the past week and will include any relevant recommendations.
Simple Summary
- USDC Borrows increased 1.39%, from $364.0M to $369.05M.
- USDC Supply increased 1.62%, from $391.31M to $397.67M.
- USDC utilization decreased 0.23%, from 93.02% to 92.8%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 20.01%. The average USDC reserve growth was 18.32%.
- The comet accumulated $95.24K USDC reserves while distributing $136.92K COMP rewards for a weekly Net Protocol Profit of $-41.67K.
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] USDC Comet Update: (2024-02-02 through 2024-02-08)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
- Gauntlet is reviewing UNI liquidity and plan to make a recommendation the following week.
Simple Summary
- USDC Borrows increased 7.43%, from $369.06M to $396.48M.
- USDC Supply increased 5.03%, from $401.76M to $421.95M.
- USDC utilization increased 2.29%, from 91.86% to 93.96%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 19.65%. The average USDC reserve growth was 16.61%.
- The comet accumulated $135.87K USDC reserves while distributing $133.96K COMP rewards for a weekly Net Protocol Profit of $1.92K.
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.
2 Likes
[Gauntlet] Weekly Market Update: Ethereum USDC (2024-02-09 through 2024-02-15)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
Simple Summary
- Gauntlet has an outstanding proposal to increase UNI supply cap and WBTC Liquidation Factor.
- USDC Borrows increased 2.96%, from $396.52M to $408.25M.
- USDC Supply increased 2.7%, from $422.0M to $433.4M.
- USDC utilization increased 0.25%, from 93.96% to 94.2%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 20.0%. The average USDC reserve growth was 15.48%.
- The comet accumulated $129.4K USDC reserves while distributing $141.05K COMP rewards for a weekly Net Protocol Profit of $-11.65K.
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.
1 Like
[Gauntlet] USDC Comet Update: (2024-02-16 through 2024-02-22)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
This week, Gauntlet recommends the following risk parameter updates for the Ethereum v3 USDC comet see here:
UNI
- Increase UNI Liquidation Penalty from 7% to 15%
- Increase UNI Supply Cap from 6,000,000 to 8,000,000
WBTC
- Increase WBTC Liquidation Factor from 77% to 85%.
- Increase WBTC Collateral Factor from 70% to 80%.
Simple Summary
- USDC Borrows increased 1.86%, from $408.32M to $415.89M.
- USDC Supply increased 1.35%, from $434.06M to $439.93M.
- USDC utilization increased 0.5%, from 94.07% to 94.54%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 18.42%. The average USDC reserve growth was 14.85%.
- The comet accumulated $144.52K USDC reserves while distributing $148.85K COMP rewards for a weekly Net Protocol Profit of $-4.33K.
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.
1 Like
[Gauntlet] USDC Comet Update: (2024-02-23 through 2024-02-29)
Gauntlet would like to provide the community with an update on the USDC comet over the past week. COMP supply cap is at full usage. Gauntlet does not recommend a cap increase based on current liquidity.
Simple Summary
- USDC Borrows increased 9.75%, from $415.93M to $456.48M.
- USDC Supply increased 8.03%, from $439.94M to $475.26M.
- USDC utilization increased 1.59%, from 94.54% to 96.05%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 20.01%. The average USDC reserve growth was 15.7%.
- The comet accumulated $140.81K USDC reserves while distributing $195.0K COMP rewards for a weekly Net Protocol Profit of $-54.18K.
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] USDC Comet Update: (2024-03-01 through 2024-03-07)
Gauntlet would like to provide the community with an update on the USDC comet over the past week.
Simple Summary
- USDC Borrows increased 2.05%, from $456.47M to $465.82M.
- USDC Supply increased 3.85%, from $475.3M to $493.61M.
- USDC utilization decreased 1.74%, from 96.04% to 94.37%.
- The minimum USDC reserve growth was 13.7%, and the maximum was 16.03%. The average USDC reserve growth was 14.18%.
- The comet accumulated $197.73K USDC reserves while distributing $223.99K COMP rewards for a weekly Net Protocol Profit of $-26.26K.
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] Ethereum USDC Comet Update: (2024-03-08 through 2024-03-14)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week.
From this week, Gauntlet starts providing COMP rewards analysis in our weekly communication. Gauntlet will continue improving the weekly to better inform the community of the latest information.
Simple Summary
- USDC Borrows increased 5.61%, from $465.46M to $491.59M.
- USDC Supply increased 2.93%, from $493.60M to $508.05M.
- USDC utilization increased 2.61%, from 94.30% to 96.76%.
- The minimum USDC reserve growth was 13.70%, and the maximum was 19.98%. The average USDC reserve growth was 14.41%.
- The comet accumulated $225.52K USDC reserves while distributing $223.35K COMP rewards for a weekly Net Protocol Profit of $2.17K.
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 |
40.26K |
427.40 |
94.20 |
Collateral Asset Supply
This graph shows the total supply of all collateral assets over the past week.
To see updated statistics, please see the live version of this graph here.
Base Asset Borrows
This graph shows the total borrows of the base asset over the past week.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of the base asset over the past week.
Supply Cap Usage
This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.
[Gauntlet] Ethereum USDC Comet Update: (2024-03-15 through 2024-03-21)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week.
Simple Summary
- USDC Borrows decreased 2.94%, from $491.72M to $477.27M.
- USDC Supply increased 3.19%, from $506.06M to $522.18M.
- USDC utilization decreased 5.94%, from 97.17% to 91.40%.
- The minimum USDC reserve growth was 13.70%, and the maximum was 16.63%. The average USDC reserve growth was 14.04%.
- The comet accumulated $233.84K USDC reserves while distributing $188.93K COMP rewards for a weekly Net Protocol Profit of $44.91K.
Base Asset IR 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 |
37.38K |
427.40 |
87.50 |
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] Ethereum USDC Comet Update: (2024-03-22 through 2024-03-28)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week.
Simple Summary
- USDC Borrows increased 2.08%, from $477.28M to $487.19M.
- USDC Supply increased 3.20%, from $522.19M to $538.92M.
- USDC utilization decreased 1.09%, from 91.40% to 90.40%.
- The minimum USDC reserve growth was 13.77%, and the maximum was 16.61%. The average USDC reserve growth was 14.87%.
- The comet accumulated $178.52K USDC reserves while distributing $167.41K COMP rewards for a weekly Net Protocol Profit of $11.11K.
Base Asset APR Trend
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 |
34.45K |
292.00 |
118.00 |
Collateral Asset Supply
This graph shows the total supply of all collateral assets over the past week.
To see updated statistics, please see the live version of this graph here.
Base Asset Borrows
This graph shows the total borrows of the base asset over the past week.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of the base asset over the past week.
Supply Cap Usage
This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.
[Gauntlet] Ethereum USDC Comet Update: (2024-03-29 through 2024-04-04)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week. Gauntlet will not increase COMP supply cap at this time based on the relative low DEX liquidity. Borrow and Supply APR have decrease the past month since the spike to stablecoin interest rates post the Maker DSR increase. Gauntlet is working to have a new IR curve recommendation for USDC comets to better align with these volatile interest rate markets.
Simple Summary
-
USDC Borrows have not changed, remaining at $487.20M.
-
USDC Supply has not changed, remaining at $539.27M.
-
USDC utilization did not change, remaining at 90.35%.
-
The minimum USDC reserve growth was 13.77%, and the maximum was 16.60%. The average USDC reserve growth was 15.10%.
-
The comet accumulated $174.09K USDC reserves while distributing $116.35K COMP rewards for a weekly Net Protocol Profit of $57.74K.
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 |
33.04K |
292.00 |
113.10 |
Collateral Asset Supply
This graph shows the total supply of all collateral assets over the past week.
To see updated statistics, please see the live version of this graph here.
Base Asset Borrows
This graph shows the total borrows of the base asset over the past week.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of the base asset over the past week.
Supply Cap Usage
This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.
[Gauntlet] Ethereum USDC Comet Update: (2024-04-05 through 2024-04-11)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week.
Change in Weekly Update Schedule Announcement
In our continuous effort to enhance the communication and planning process within our community, we are pleased to announce an important change to our weekly update schedule. Effective immediately, the delivery of our weekly updates will transition from every Friday to every Monday. This adjustment will help us provide more comprehensive and timely information that includes the full spectrum of the past week’s events and updates, ensuring that all data is captured after the weekend.
The first update under this new schedule will be rolled out on Monday, April 22nd.
We appreciate your understanding and support as we implement this new schedule. As always, we are committed to keeping you informed and engaged with all the latest developments. If you have any questions or need further information, please do not hesitate to reach out to us.
Thank you for your continued partnership and trust in our efforts.
Simple Summary
-
USDC Borrows increased 2.20%, from $489.05M to $499.82M.
-
USDC Supply increased 2.22%, from $540.14M to $552.13M.
-
USDC utilization did not change, remaining at 90.54%.
-
The minimum USDC reserve growth was 14.25%, and the maximum was 16.64%. The average USDC reserve growth was 15.62%.
-
The comet accumulated $154.09K USDC reserves while distributing $112.70K COMP rewards for a weekly Net Protocol Profit of $41.39K.
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 |
31.39K |
292.00 |
107.50 |
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] Ethereum USDC Comet Update: (2024-04-15 through 2024-04-21)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week.
Simple Summary
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USDC Borrows have not changed, remaining at $440.32M.
-
USDC Supply increased 1.83%, from $539.47M to $549.32M.
-
USDC utilization decreased 1.77%, from 81.62% to 80.17%.
-
The minimum USDC reserve growth was 7.71%, and the maximum was 11.57%. The average USDC reserve growth was 9.42%.
-
The comet accumulated $65.56K USDC reserves while distributing $85.37K COMP rewards for a weekly Net Protocol Profit of $-19.81K.
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 |
28.16K |
292.00 |
96.40 |
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] Ethereum USDC Comet Update: (2024-04-22 through 2024-04-28)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week. We have reviewed the markets and no IR adjustments are necessary at this time.
Simple Summary
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USDC Borrows increased 3.11%, from $440.42M to $454.10M.
-
USDC Supply increased 1.95%, from $549.47M to $560.20M.
-
USDC utilization increased 1.13%, from 80.15% to 81.06%.
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The minimum USDC reserve growth was 6.62%, and the maximum was 9.84%. The average USDC reserve growth was 8.72%.
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The comet accumulated $53.02K USDC reserves while distributing $76.58K COMP rewards for a weekly Net Protocol Profit of $-23.56K.
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 |
27.54K |
292.00 |
94.30 |
Collateral Asset Supply
This graph shows the total supply of all collateral assets over the past week.
To see updated statistics, please see the live version of this graph here.
Base Asset Borrows
This graph shows the total borrows of the base asset over the past week.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of the base asset over the past week.
Supply Cap Usage
This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.
[Gauntlet] Ethereum USDC Comet Update: (2024-04-29 through 2024-05-05)
Gauntlet would like to provide the community with an update on the Ethereum USDC comet over the past week.
Simple Summary
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USDC Borrows decreased 1.35%, from $453.22M to $447.10M.
-
USDC Supply decreased 3.97%, from $560.63M to $538.38M.
-
USDC utilization increased 2.73%, from 80.84% to 83.04%.
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The minimum USDC reserve growth was 8.86%, and the maximum was 13.40%. The average USDC reserve growth was 10.47%.
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The comet accumulated $76.31K USDC reserves while distributing $88.43K COMP rewards for a weekly Net Protocol Profit of $-12.12K.
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 |
26.39K |
292.00 |
90.40 |
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.
