[Gauntlet] Weekly Market Updates: Ethereum WETH

[Gauntlet] Ethereum WETH Comet Update: (2024-06-10 through 2024-06-16)

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

Simple Summary

  • WETH Borrows have not changed, remaining at $119.48M.

  • WETH Supply has not changed, remaining at $140.66M.

  • WETH utilization did not change, remaining at 84.94%.

  • The minimum WETH reserve growth was 14.08%, and the maximum was 15.49%. The average WETH reserve growth was 15.07%.

  • The comet accumulated $7.50K WETH reserves while distributing $33.40K COMP rewards for a weekly Net Protocol Profit of $-25.89K.

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.