[Gauntlet] Weekly Market Updates: Polygon USDC.e

[Gauntlet] Polygon v3 USDC.e Update: (12/1/23 - 12/7/23)

Gauntlet would like to provide the community with an update on the Polygon v3 USDC.e comet over the past week.

Simple Summary

  • USDC Borrows increased 3.41%, from $24.53M to $25.36M.
  • USDC Supply decreased 12.51%, from $31.01M to $27.13M.
  • USDC utilization increased 18.2%, from 79.09% to 93.48%.
  • The minimum USDC reserve growth was -11.47%, and the maximum was 24.38%. The average USDC reserve growth was 7.77%.
  • The comet accumulated $1.15K USDC reserves while distributing $17.96K COMP rewards for a weekly Net Protocol Profit of $-16.81K.

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.

USDC.e Borrows

This graph shows the time series of USDC.e borrows.

To see updated statistics, please see the live version of this graph here.

Utilization

This graph shows the utilization (borrow / supply) of USDC.e 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.