[Gauntlet] Weekly Market Updates: Ethereum USDC

[Gauntlet] Ethereum USDC Comet Update: (2024-05-06 through 2024-05-12)

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

Simple Summary

  • USDC Borrows decreased 1.57%, from $450.10M to $443.02M.

  • USDC Supply has not changed, remaining at $538.41M.

  • USDC utilization decreased 2.50%, from 83.60% to 81.51%.

  • The minimum USDC reserve growth was 9.29%, and the maximum was 12.85%. The average USDC reserve growth was 10.41%.

  • The comet accumulated $74.44K USDC reserves while distributing $86.36K COMP rewards for a weekly Net Protocol Profit of $-11.91K.

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)
Ethereum 25.44K 312.00 81.50

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: (2024-05-13 through 2024-05-19)

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

Simple Summary

  • USDC Borrows increased 2.07%, from $443.03M to $452.22M.

  • USDC Supply decreased 2.89%, from $543.52M to $527.81M.

  • USDC utilization increased 5.11%, from 81.51% to 85.68%.

  • The minimum USDC reserve growth was 7.19%, and the maximum was 13.61%. The average USDC reserve growth was 10.43%.

  • The comet accumulated $74.90K USDC reserves while distributing $85.86K COMP rewards for a weekly Net Protocol Profit of $-10.96K.

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)
Ethereum 24.13K 312.00 77.30

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: (2024-05-20 through 2024-05-26)

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

Simple Summary

  • USDC Borrows increased 4.75%, from $453.92M to $475.47M.

  • USDC Supply increased 3.58%, from $527.81M to $546.70M.

  • USDC utilization increased 1.13%, from 86.00% to 86.97%.

  • The minimum USDC reserve growth was 10.03%, and the maximum was 15.43%. The average USDC reserve growth was 12.91%.

  • The comet accumulated $98.75K USDC reserves while distributing $95.35K COMP rewards for a weekly Net Protocol Profit of $3.40K.

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 21.14K 312.00 67.70

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: (2024-05-27 through 2024-06-02)

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

Simple Summary

  • USDC Borrows increased 2.30%, from $475.48M to $486.42M.

  • USDC Supply has not changed, remaining at $546.70M.

  • USDC utilization increased 2.75%, from 86.97% to 89.36%.

  • The minimum USDC reserve growth was 14.19%, and the maximum was 16.57%. The average USDC reserve growth was 15.48%.

  • The comet accumulated $127.54K USDC reserves while distributing $93.63K COMP rewards for a weekly Net Protocol Profit of $33.91K.

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)
Ethereum 19.13K 312.00 61.30

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: (2024-06-03 through 2024-06-09)

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

Simple Summary

  • USDC Borrows increased 1.59%, from $486.43M to $494.18M.

  • USDC Supply increased 1.20%, from $544.31M to $550.85M.

  • USDC utilization did not change, remaining at 89.37%.

  • The minimum USDC reserve growth was 13.89%, and the maximum was 16.55%. The average USDC reserve growth was 15.59%.

  • The comet accumulated $153.98K USDC reserves while distributing $89.33K COMP rewards for a weekly Net Protocol Profit of $64.65K.

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 18.62K 312.00 59.70

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: (2024-06-10 through 2024-06-16)

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

Simple Summary

  • USDC Borrows increased 3.12%, from $494.16M to $509.58M.

  • USDC Supply increased 3.18%, from $550.85M to $568.39M.

  • USDC utilization did not change, remaining at 89.71%.

  • The minimum USDC reserve growth was 13.79%, and the maximum was 16.64%. The average USDC reserve growth was 15.58%.

  • The comet accumulated $165.60K USDC reserves while distributing $82.37K COMP rewards for a weekly Net Protocol Profit of $83.23K.

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 45.30K 312.00 145.20

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.