[Gauntlet] Weekly Market Updates: Polygon USDC.e

[Gauntlet] Polygon v3 USDC.e Comet Update: (12/08/23 - 12/14/23)

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 decreased 16.86%, from $25.83M to $21.48M.
  • USDC Supply decreased 18.11%, from $26.17M to $21.43M.
  • USDC utilization increased 1.53%, from 98.72% to 100.23%.
  • The minimum USDC reserve growth was -14.0%, and the maximum was -10.17%. The average USDC reserve growth was -12.77%.
  • The comet accumulated $-4.21K USDC reserves while distributing $22.1K COMP rewards for a weekly Net Protocol Profit of $-26.31K.

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.

[Gauntlet] Polygon v3 USDC.e Comet Update: (2023-12-21 through 2023-12-27)

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

Simple Summary

  • USDC.e Borrows decreased 22.9%, from $23.4M to $18.04M.
  • USDC.e Supply decreased 18.34%, from $27.0M to $22.05M.
  • USDC.e utilization decreased 5.58%, from 86.65% to 81.81%.
  • The minimum USDC.e reserve growth was 11.62%, and the maximum was 16.24%. The average USDC.e reserve growth was 12.34%.
  • The comet accumulated $4.24K USDC.e reserves while distributing $27.98K COMP rewards for a weekly Net Protocol Profit of $-23.74K.

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.

[Gauntlet] Weekly Market Update: Polygon USDC: (2023-12-28 through 2024-01-03)

Gauntlet would like to provide the community with an update on metrics from the Polygon USDC comet over the past week and will include any relevant recommendations.

Simple Summary

  • USDC.e Borrows increased 25.8%, from $18.04M to $22.69M.
  • USDC.e Supply increased 9.11%, from $21.74M to $23.72M.
  • USDC.e utilization increased 15.3%, from 82.97% to 95.66%.
  • The minimum USDC.e reserve growth was 11.82%, and the maximum was 17.61%. The average USDC.e reserve growth was 13.31%.
  • The comet accumulated $4.13K USDC.e reserves while distributing $28.52K COMP rewards for a weekly Net Protocol Profit of $-24.38K.

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.

[Gauntlet] Weekly Market Update: Polygon USDC (2024-01-04 through 2024-01-10)

Gauntlet would like to provide the community with an update on metrics from the Polygon USDC comet over the past week and will include any relevant recommendations.

Simple Summary

  • USDC.e Borrows decreased 13.64%, from $22.69M to $19.6M.
  • USDC.e Supply decreased 11.44%, from $23.72M to $21.01M.
  • USDC.e utilization decreased 2.48%, from 95.66% to 93.29%.
  • The minimum USDC.e reserve growth was 11.81%, and the maximum was 14.96%. The average USDC.e reserve growth was 12.34%.
  • The comet accumulated $4.19K USDC.e reserves while distributing $24.84K COMP rewards for a weekly Net Protocol Profit of $-20.65K.

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.

[Gauntlet] Weekly Market Update: Polygon USDC (2024-01-11 through 2024-01-17)

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

Simple Summary

  • USDC.e Borrows decreased 4.77%, from $22.06M to $21.0M.
  • USDC.e Supply decreased 12.32%, from $26.05M to $22.84M.
  • USDC.e utilization increased 8.62%, from 84.68% to 91.98%.
  • The minimum USDC.e reserve growth was 10.58%, and the maximum was 19.84%. The average USDC.e reserve growth was 14.54%.
  • The comet accumulated $1.59K USDC.e reserves while distributing $8.01K COMP rewards for a weekly Net Protocol Profit of $-6.41K.

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.

[Gauntlet] Weekly Market Update: Polygon USDC (2024-01-19 through 2024-01-25)

Gauntlet would like to provide the community with an update on metrics from the Polygon USDC comet over the past week and will include any relevant recommendations. Gauntlet is continuing to monitor all the Compound markets. Gauntlet is aware of the asset supply caps that are close to full utilziation. Gauntlet will continue to monitor these assets and provide recommendations based on our methodology.

Simple Summary

  • USDC.e Borrows decreased 11.37%, from $20.74M to $18.38M.
  • USDC.e Supply decreased 9.65%, from $24.19M to $21.86M.
  • USDC.e utilization decreased 1.9%, from 85.74% to 84.11%.
  • The minimum USDC.e reserve growth was 10.66%, and the maximum was 20.07%. The average USDC.e reserve growth was 15.91%.
  • The comet accumulated $2.55K USDC.e reserves while distributing $14.62K COMP rewards for a weekly Net Protocol Profit of $-12.07K.

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.

[Gauntlet] Weekly Market Update: Polygon USDCe: (2024-01-26 through 2024-02-01)

Gauntlet would like to provide the community with an update on metrics from the Polygon USDC comet over the past week and will include any relevant recommendations.

Simple Summary

  • USDC.e Borrows increased 3.45%, from $18.38M to $19.02M.
  • USDC.e Supply decreased 1.02%, from $21.86M to $21.63M.
  • USDC.e utilization increased 4.52%, from 84.11% to 87.92%.
  • The minimum USDC.e reserve growth was 10.56%, and the maximum was 20.06%. The average USDC.e reserve growth was 14.72%.
  • The comet accumulated $4.57K USDC.e reserves while distributing $26.61K COMP rewards for a weekly Net Protocol Profit of $-22.04K.

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.

[Gauntlet] USDC.e Comet Update: (2024-02-02 through 2024-02-08)

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

Simple Summary

  • USDC.e Borrows decreased 3.05%, from $19.02M to $18.44M.

  • USDC.e Supply decreased 0.99%, from $21.63M to $21.42M.

  • USDC.e utilization decreased 2.08%, from 87.91% to 86.08%.

  • The minimum USDC.e reserve growth was 10.52%, and the maximum was 19.81%. The average USDC.e reserve growth was 13.97%.

  • The comet accumulated $4.52K USDC.e reserves while distributing $26.04K COMP rewards for a weekly Net Protocol Profit of $-21.52K.

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.

[Gauntlet] Weekly Market Update: Polygon USDC (2024-02-09 through 2024-02-15)

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

Simple Summary

  • USDC.e Borrows increased 5.85%, from $18.44M to $19.52M.
  • USDC.e Supply increased 3.17%, from $21.42M to $22.1M.
  • USDC.e utilization increased 2.6%, from 86.08% to 88.32%.
  • The minimum USDC.e reserve growth was 10.53%, and the maximum was 19.22%. The average USDC.e reserve growth was 12.58%.
  • The comet accumulated $4.74K USDC.e reserves while distributing $27.42K COMP rewards for a weekly Net Protocol Profit of $-22.68K.

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.

1 Like

[Gauntlet] USDC.e Comet Update: (2024-02-16 through 2024-02-22)

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

Simple Summary

  • USDC.e Borrows increased 9.83%, from $19.52M to $21.43M.
  • USDC.e Supply increased 8.89%, from $22.1M to $24.06M.
  • USDC.e utilization increased 0.87%, from 88.32% to 89.09%.
  • The minimum USDC.e reserve growth was 10.52%, and the maximum was 19.95%. The average USDC.e reserve growth was 12.06%.
  • The comet accumulated $5.44K USDC.e reserves while distributing $28.93K COMP rewards for a weekly Net Protocol Profit of $-23.49K.

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.

1 Like

[Gauntlet] USDC.e Comet Update: (2024-02-23 through 2024-02-29)

Gauntlet would like to provide the community with an update on the USDC.e comet over the past week. stMATIC and MATICx supply caps are at full usage. Gauntlet does not recommend any cap increases at this time.

Simple Summary

  • USDC.e Borrows increased 4.82%, from $21.44M to $22.47M.
  • USDC.e Supply increased 4.24%, from $24.1M to $25.12M.
  • USDC.e utilization increased 0.56%, from 88.96% to 89.45%.
  • The minimum USDC.e reserve growth was 10.52%, and the maximum was 19.82%. The average USDC.e reserve growth was 12.51%.
  • The comet accumulated $5.97K USDC.e reserves while distributing $37.9K COMP rewards for a weekly Net Protocol Profit of $-31.93K.

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.

[Gauntlet] USDC.e Comet Update: (2024-03-01 through 2024-03-07)

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

Simple Summary

  • USDC.e Borrows increased 6.53%, from $22.48M to $23.95M.
  • USDC.e Supply increased 4.56%, from $25.13M to $26.27M.
  • USDC.e utilization increased 1.89%, from 89.45% to 91.15%.
  • The minimum USDC.e reserve growth was 10.52%, and the maximum was 11.13%. The average USDC.e reserve growth was 10.6%.
  • The comet accumulated $7.71K USDC.e reserves while distributing $43.54K COMP rewards for a weekly Net Protocol Profit of $-35.82K.

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.

[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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-03-15 through 2024-03-21)

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

Simple Summary

  • USDC.e Borrows decreased 13.47%, from $26.70M to $23.11M.
  • USDC.e Supply decreased 6.76%, from $27.11M to $25.28M.
  • USDC.e utilization decreased 7.20%, from 98.50% to 91.41%.
  • The minimum USDC.e reserve growth was 10.52%, and the maximum was 16.64%. The average USDC.e reserve growth was 11.93%.
  • The comet accumulated $9.85K USDC.e reserves while distributing $29.80K COMP rewards for a weekly Net Protocol Profit of $-19.96K.

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 10.09K 23.00 438.80

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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-03-22 through 2024-03-28)

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

Simple Summary

  • USDC.e Borrows decreased 4.79%, from $23.11M to $22.00M.
  • USDC.e Supply decreased 5.59%, from $25.30M to $23.88M.
  • USDC.e utilization did not change, remaining at 91.34%.
  • The minimum USDC.e reserve growth was 13.77%, and the maximum was 16.61%. The average USDC.e reserve growth was 14.55%.
  • The comet accumulated $8.97K USDC.e reserves while distributing $12.14K COMP rewards for a weekly Net Protocol Profit of $-3.17K.

Base Asset APR Trend

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 9.74K 23.00 423.40

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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-03-29 through 2024-04-04)

Gauntlet would like to provide the community with an update on the Polygon USDC.e comet over the past week. Gauntlet does not recommend an increase to MATICx supply cap.

Simple Summary

  • USDC.e Borrows decreased 9.04%, from $22.00M to $20.01M.

  • USDC.e Supply decreased 3.39%, from $23.93M to $23.12M.

  • USDC.e utilization decreased 5.85%, from 91.95% to 86.58%.

  • The minimum USDC.e reserve growth was 11.60%, and the maximum was 15.40%. The average USDC.e reserve growth was 14.04%.

  • The comet accumulated $8.75K USDC.e reserves while distributing $12.05K COMP rewards for a weekly Net Protocol Profit of $-3.30K.

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)
Polygon 9.40K 23.00 408.50

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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-04-05 through 2024-04-11)

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

Change in Weekly Update Schedule Announcement

In our continuous effort to enhance the communication and planning process within our community, we are pleased to announce an important change to our weekly update schedule. Effective immediately, the delivery of our weekly updates will transition from every Friday to every Monday. This adjustment will help us provide more comprehensive and timely information that includes the full spectrum of the past week’s events and updates, ensuring that all data is captured after the weekend.

The first update under this new schedule will be rolled out on Monday, April 22nd.

We appreciate your understanding and support as we implement this new schedule. As always, we are committed to keeping you informed and engaged with all the latest developments. If you have any questions or need further information, please do not hesitate to reach out to us.

Thank you for your continued partnership and trust in our efforts.

Simple Summary

  • USDC.e Borrows increased 1.15%, from $20.01M to $20.24M.

  • USDC.e Supply decreased 5.33%, from $23.60M to $22.34M.

  • USDC.e utilization increased 6.84%, from 84.79% to 90.59%.

  • The minimum USDC.e reserve growth was 12.02%, and the maximum was 16.58%. The average USDC.e reserve growth was 14.44%.

  • The comet accumulated $5.74K USDC.e reserves while distributing $11.68K COMP rewards for a weekly Net Protocol Profit of $-5.94K.

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)
Polygon 9.32K 23.00 405.30

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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-04-15 through 2024-04-21)

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

Simple Summary

  • USDC.e Borrows decreased 8.45%, from $18.68M to $17.10M.

  • USDC.e Supply decreased 10.90%, from $21.50M to $19.16M.

  • USDC.e utilization increased 2.75%, from 86.86% to 89.26%.

  • The minimum USDC.e reserve growth was 12.54%, and the maximum was 16.63%. The average USDC.e reserve growth was 15.32%.

  • The comet accumulated $5.29K USDC.e reserves while distributing $8.84K COMP rewards for a weekly Net Protocol Profit of $-3.55K.

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)
Polygon 8.81K 23.00 382.90

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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-04-22 through 2024-04-28)

Gauntlet would like to provide the community with an update on the Polygon USDC.e comet over the past week. We have reviewed the markets and no IR adjustments are necessary at this time.

Simple Summary

  • USDC.e Borrows decreased 7.87%, from $17.10M to $15.75M.

  • USDC.e Supply decreased 8.63%, from $19.16M to $17.50M.

  • USDC.e utilization did not change, remaining at 89.26%.

  • The minimum USDC.e reserve growth was 14.50%, and the maximum was 16.64%. The average USDC.e reserve growth was 15.56%.

  • The comet accumulated $3.84K USDC.e reserves while distributing $7.93K COMP rewards for a weekly Net Protocol Profit of $-4.10K.

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)
Polygon 8.75K 23.00 380.50

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.

[Gauntlet] Polygon USDC.e Comet Update: (2024-04-29 through 2024-05-05)

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

Simple Summary

  • USDC.e Borrows decreased 11.33%, from $15.74M to $13.96M.

  • USDC.e Supply increased 1.89%, from $17.46M to $17.79M.

  • USDC.e utilization decreased 12.98%, from 90.15% to 78.45%.

  • The minimum USDC.e reserve growth was 4.10%, and the maximum was 16.13%. The average USDC.e reserve growth was 6.87%.

  • The comet accumulated $1.58K USDC.e reserves while distributing $9.16K COMP rewards for a weekly Net Protocol Profit of $-7.58K.

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)
Polygon 8.67K 23.00 377.00

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.