[Gauntlet] Ethereum v3 WETH Update: (12/1/23 - 12/7/23)
Gauntlet would like to provide the community with an update on the Ethereum v3 WETH comet over the past week.
Simple Summary
- WETH Borrows increased 52.3%, from $49.45M to $75.31M.
- WETH Supply increased 10.56%, from $108.47M to $119.92M.
- WETH utilization increased 37.76%, from 45.59% to 62.8%.
- The minimum WETH reserve growth was -7.76%, and the maximum was 14.46%. The average WETH reserve growth was -3.42%.
- The comet accumulated $-0.57K WETH reserves while distributing $18.1K COMP rewards for a weekly Net Protocol Profit of $-18.67K.
Asset Supply
This graph shows the time series of total supply of all assets.
To see updated statistics, please see the live version of this graph here.
WETH Borrows
This graph shows the time series of WETH borrows.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of WETH over the past week.
Supply Cap Usage
This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.
