[Gauntlet] Polygon USDC.e Comet Update: (2024-03-08 through 2024-03-14)
Gauntlet would like to provide the community with an update on the Polygon USDC.e comet over the past week.
From this week, Gauntlet starts providing COMP rewards analysis in our weekly communication. Gauntlet will continue improving the weekly to better inform the community of the latest information.
Simple Summary
- USDC.e Borrows increased 11.39%, from $23.97M to $26.70M.
- USDC.e Supply increased 2.92%, from $26.29M to $27.06M.
- USDC.e utilization increased 8.22%, from 91.16% to 98.66%.
- The minimum USDC.e reserve growth was 10.52%, and the maximum was 14.30%. The average USDC.e reserve growth was 11.39%.
- The comet accumulated $11.86K USDC.e reserves while distributing 43.41K COMP rewards for a weekly Net Protocol Profit of -31.56K.
COMP Rewards Analysis
| Chain | CometRewards COMP token holdings | Daily aggregate COMP token reward distributions | Remaining days of rewards runway (not including existing claimable rewards) |
|---|---|---|---|
| Polygon | 10.33K | 69.47 | 148.70 |
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.
