[Gauntlet] Weekly Market Updates: Optimism USDC Native

Proposals
1

[Gauntlet] Optimism USDC Comet Update: (2024-06-10 through 2024-06-16)

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

Simple Summary

  • USDC Borrows increased 12.16%, from $2.65M to $2.98M.

  • USDC Supply increased 11.18%, from $2.96M to $3.29M.

  • USDC utilization did not change, remaining at 89.74%.

  • The minimum USDC reserve growth was 6.94%, and the maximum was 15.59%. The average USDC reserve growth was 12.99%.

  • The comet accumulated $545.18 USDC reserves while distributing $3.71K COMP rewards for a weekly Net Protocol Profit of $-3.17K.

Base Asset APR Trend

APR
APR2109×1678 257 KB

Reserve Analysis

Reserves
Reserves2224×1580 175 KB

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Optimism 3.25K 10.00 325.10

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

Supply
Supply1920×1080 84 KB

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.

Borrows
Borrows1920×1080 61.7 KB

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.

Utilization
Utilization1920×1200 232 KB

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.

Supply Cap Usage
Supply Cap Usage1920×1200 150 KB

2

[Gauntlet] Optimism USDC Comet Update: (2024-06-17 through 2024-06-23)

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

Simple Summary

  • USDC Borrows increased 5.46%, from $2.98M to $3.14M.

  • USDC Supply increased 12.47%, from $3.29M to $3.70M.

  • USDC utilization decreased 6.24%, from 90.62% to 84.97%.

  • The minimum USDC reserve growth was 8.19%, and the maximum was 15.59%. The average USDC reserve growth was 12.82%.

  • The comet accumulated $593.22 USDC reserves while distributing $3.43K COMP rewards for a weekly Net Protocol Profit of $-2.84K.

Base Asset APR Trend

APR
APR2109×1678 246 KB

Reserve Analysis

Reserves
Reserves2261×1580 182 KB

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Optimism 3.22K 10.00 322.20

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

Supply
Supply1920×1080 93.8 KB

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.

Borrows
Borrows1920×1080 70.1 KB

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.

Utilization
Utilization1920×1200 232 KB

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.

Supply Cap Usage
Supply Cap Usage1920×1200 153 KB

3

[Gauntlet] Optimism USDC Comet Update: (2024-06-24 through 2024-06-30)

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

Simple Summary

  • USDC Borrows decreased 10.78%, from $3.14M to $2.80M.

  • USDC Supply has not changed, remaining at $3.70M.

  • USDC utilization decreased 10.11%, from 84.97% to 76.37%.

  • The minimum USDC reserve growth was -5.70%, and the maximum was 12.20%. The average USDC reserve growth was 1.75%.

  • The comet accumulated $76.04 USDC reserves while distributing $3.44K COMP rewards for a weekly Net Protocol Profit of $-3.36K.

Base Asset APR Trend

APR
APR2109×1678 230 KB

Reserve Analysis

Reserves
Reserves2261×1580 184 KB

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Optimism 3.19K 10.00 318.60

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

Supply
Supply1920×1080 85.7 KB

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.

Borrows
Borrows1920×1080 62.5 KB

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.

Utilization
Utilization1920×1200 195 KB

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.

Supply Cap Usage
Supply Cap Usage1920×1200 152 KB

4

[Gauntlet] Optimism USDC Comet Update: (2024-06-30 through 2024-07-06)

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

Simple Summary

  • USDC Borrows increased 6.04%, from $2.74M to $2.90M.

  • USDC Supply decreased 5.96%, from $3.87M to $3.64M.

  • USDC utilization increased 12.77%, from 70.68% to 79.70%.

  • The minimum USDC reserve growth was -1.72%, and the maximum was 7.98%. The average USDC reserve growth was 4.99%.

  • The comet accumulated $177.84 USDC reserves while distributing $3.34K COMP rewards for a weekly Net Protocol Profit of $-3.17K.

Base Asset APR Trend

APR
APR2109×1678 213 KB

Reserve Analysis

Reserves
Reserves2261×1601 179 KB

COMP Rewards Analysis

Chain CometRewards COMP token holdings Daily aggregate COMP token reward distributions Remaining days of rewards runway (not including existing claimable rewards)
Optimism 3.14K 10.00 313.60

Collateral Asset Supply

This graph shows the total supply of all collateral assets over the past week.

Supply
Supply1920×1080 87.6 KB

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.

Borrows
Borrows1920×1080 63.7 KB

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.

Utilization
Utilization1920×1200 207 KB

Supply Cap Usage

This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.

Supply Cap Usage
Supply Cap Usage1920×1200 149 KB