[Gauntlet] Weekly Market Update: (2025-09-21 to 2025-09-28)
Ethereum Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Ethereum | 13117.8 | 312.5 | 42 |
Ethereum WBTC Comet
Summary
There was no borrow activity on this comet.
Ethereum wstETH Comet
Summary
Borrows decreased -6.90%, from $1,750,009.71 to $1,629,293.89
Supply decreased -8.91%, from $25,080,982.02 to $22,845,472.54
Utilization increased 2.21% from 6.98% to 7.13%
Reserves decreased -0.03% from 27.53 wstETH to 27.52 wstETH
The comet distributed $998.76 COMP rewards for a weekly Net Protocol Profit of $-1,034.93
Supply & Borrow APY
Reserve Analysis
Utilization
Ethereum WETH Comet
Summary
Borrows decreased -7.17%, from $281,125,144.62 to $260,977,887.39
Supply decreased -3.80%, from $337,258,265.23 to $324,458,789.88
Utilization decreased -3.50% from 83.36% to 80.43%
Reserves increased 0.20% from 873.64 WETH to 875.37 WETH
The comet distributed $9,987.60 COMP rewards for a weekly Net Protocol Profit of $-2,808.94
Supply & Borrow APY
Reserve Analysis
Utilization
Ethereum USDT Comet
Summary
Borrows decreased -0.65%, from $183,604,156.87 to $182,418,250.13
Supply decreased -0.11%, from $203,272,626.98 to $203,046,606.67
Utilization decreased -0.54% from 90.32% to 89.84%
Reserves increased 2.43% from 1,708,014.99 USDT to 1,749,577.47 USDT
The comet distributed $39,950.41 COMP rewards for a weekly Net Protocol Profit of $1,625.36
Supply & Borrow APY
Reserve Analysis
Utilization
Ethereum USDC Comet
Summary
Borrows decreased -0.97%, from $486,393,771.09 to $481,667,836.92
Supply decreased -0.13%, from $536,932,619.70 to $536,229,230.10
Utilization decreased -0.84% from 90.59% to 89.82%
Reserves increased 0.47% from 15,949,054.81 USDC to 16,024,049.76 USDC
The comet distributed $46,941.73 COMP rewards for a weekly Net Protocol Profit of $28,031.14
Supply & Borrow APY
Reserve Analysis
Utilization
Ethereum USDS Comet
Summary
Borrows decreased -0.11%, from $9,424,251.01 to $9,414,099.34
Supply decreased -1.36%, from $10,400,566.46 to $10,258,979.51
Utilization increased 1.27% from 90.61% to 91.76%
Reserves increased 0.46% from 380,775.14 USDS to 382,524.17 USDS
The comet distributed $5,826.10 COMP rewards for a weekly Net Protocol Profit of $-4,077.45
Supply & Borrow APY
Reserve Analysis
Utilization
Optimism Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Optimism | 2894.07 | 18.5 | 156 |
Optimism WETH Comet
Summary
Borrows decreased -17.07%, from $9,087,652.69 to $7,536,206.14
Supply decreased -14.53%, from $10,642,843.14 to $9,096,640.36
Utilization decreased -2.98% from 85.39% to 82.85%
Reserves increased 0.38% from 21.54 WETH to 21.62 WETH
The comet distributed $665.84 COMP rewards for a weekly Net Protocol Profit of $-330.68
Supply & Borrow APY
Reserve Analysis
Utilization
Optimism USDT Comet
Summary
Borrows decreased -6.94%, from $5,060,794.62 to $4,709,779.41
Supply decreased -7.54%, from $5,577,357.83 to $5,156,856.99
Utilization increased 0.65% from 90.74% to 91.33%
Reserves increased 0.96% from 85,552.32 USDT to 86,375.44 USDT
The comet distributed $3,329.20 COMP rewards for a weekly Net Protocol Profit of $-2,505.81
Supply & Borrow APY
Reserve Analysis
Utilization
Optimism USDC Comet
Summary
Borrows decreased -2.77%, from $4,911,439.27 to $4,775,545.59
Supply decreased -3.59%, from $5,428,145.38 to $5,233,326.51
Utilization increased 0.85% from 90.48% to 91.25%
Reserves increased 0.23% from 300,103.63 USDC to 300,791.05 USDC
The comet distributed $2,163.98 COMP rewards for a weekly Net Protocol Profit of $-1,476.77
Supply & Borrow APY
Reserve Analysis
Utilization
Unichain Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Unichain | 1680.27 | 22 | 76 |
Unichain USDC Comet
Summary
Borrows decreased -6.97%, from $956,220.04 to $889,593.29
Supply decreased -0.70%, from $1,284,505.96 to $1,275,558.93
Utilization decreased -6.32% from 74.44% to 69.74%
Reserves increased 0.49% from 52,665.65 USDC to 52,925.32 USDC
The comet distributed $665.84 COMP rewards for a weekly Net Protocol Profit of $-406.24
Supply & Borrow APY
Reserve Analysis
Utilization
Unichain WETH Comet
Summary
Borrows decreased -11.36%, from $8,324,087.30 to $7,378,061.40
Supply decreased -12.01%, from $9,269,059.87 to $8,156,230.28
Utilization increased 0.73% from 89.81% to 90.46%
Reserves increased 0.12% from 102.20 WETH to 102.32 WETH
The comet distributed $6,658.40 COMP rewards for a weekly Net Protocol Profit of $-6,154.46
Supply & Borrow APY
Reserve Analysis
Utilization
Polygon Ecosystem Update
COMP Rewards Analysis
There are no COMP incentives on Polygon
Polygon USDC Comet
Summary
Borrows decreased -1.30%, from $5,790,568.66 to $5,715,379.99
Supply decreased -8.19%, from $6,363,364.54 to $5,842,112.23
Utilization increased 7.51% from 91.00% to 97.83%
Reserves increased 0.16% from 431,864.36 USDC to 432,552.76 USDC
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $688.20
Supply & Borrow APY
Reserve Analysis
Utilization
Polygon USDT Comet
Summary
Borrows decreased -0.73%, from $1,905,523.27 to $1,891,694.09
Supply decreased -0.06%, from $2,100,624.39 to $2,099,292.85
Utilization decreased -0.66% from 90.71% to 90.11%
Reserves increased 0.38% from 56,420.18 USDT to 56,635.07 USDT
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $214.96
Supply & Borrow APY
Reserve Analysis
Utilization
Ronin Ecosystem Update
COMP Rewards Analysis
There are no COMP incentives on Ronin
Ronin WETH Comet
Summary
Borrows decreased -23.70%, from $354,814.60 to $270,713.52
Supply decreased -9.06%, from $1,119,157.54 to $1,017,725.42
Utilization decreased -16.10% from 31.70% to 26.60%
Reserves decreased -0.04% from 24.95 WETH to 24.94 WETH
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $-45.35
Supply & Borrow APY
Reserve Analysis
Utilization
Ronin WRON Comet
Summary
Borrows decreased -14.96%, from $186,490.11 to $158,587.79
Supply increased 27.56%, from $339,159.28 to $432,626.00
Utilization decreased -33.33% from 54.99% to 36.66%
Reserves decreased 41.90% from -57.39 WRON to -81.44 WRON
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $-11.35
Supply & Borrow APY
Reserve Analysis
Utilization
Mantle Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Mantle | 2333.7 | 8 | 291 |
Mantle USDe Comet
Summary
Borrows decreased -6.20%, from $4,605,109.33 to $4,319,412.05
Supply decreased -0.16%, from $5,102,698.58 to $5,094,489.18
Utilization decreased -6.05% from 90.25% to 84.79%
Reserves increased 0.22% from 226,156.73 USDe to 226,650.16 USDe
The comet distributed $2,328.97 COMP rewards for a weekly Net Protocol Profit of $-1,835.12
Supply & Borrow APY
Reserve Analysis
Utilization
Base Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Base | 7426.23 | 71 | 104 |
Base USDbC Comet
Summary
Borrows increased 0.12%, from $37,251.99 to $37,294.91
Supply decreased -1.47%, from $83,956.01 to $82,723.87
Utilization increased 1.61% from 44.37% to 45.08%
Reserves increased 0.03% from 148,169.33 USDbC to 148,206.60 USDbC
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $37.24
Supply & Borrow APY
Reserve Analysis
Utilization
Base AERO Comet
Summary
Borrows decreased -2.91%, from $2,818,510.06 to $2,736,539.71
Supply decreased -3.98%, from $4,400,794.47 to $4,225,715.50
Utilization increased 1.11% from 64.05% to 64.76%
Reserves increased 0.03% from 527,502.98 AERO to 527,656.61 AERO
The comet distributed $3,662.12 COMP rewards for a weekly Net Protocol Profit of $-3,495.91
Supply & Borrow APY
Reserve Analysis
Utilization
Base WETH Comet
Summary
Borrows decreased -6.99%, from $9,307,342.32 to $8,656,634.05
Supply decreased -7.85%, from $10,615,564.46 to $9,782,341.48
Utilization increased 0.93% from 87.68% to 88.49%
Reserves increased 0.62% from 15.08 WETH to 15.17 WETH
The comet distributed $1,331.68 COMP rewards for a weekly Net Protocol Profit of $-946.19
Supply & Borrow APY
Reserve Analysis
Utilization
Base USDS Comet
Summary
Borrows decreased -4.80%, from $8,513,552.68 to $8,104,548.37
Supply decreased -6.69%, from $9,854,563.20 to $9,195,014.66
Utilization increased 2.02% from 86.39% to 88.14%
Reserves increased 0.72% from 103,014.24 USDS to 103,753.90 USDS
The comet distributed $11,985.12 COMP rewards for a weekly Net Protocol Profit of $-11,245.63
Supply & Borrow APY
Reserve Analysis
Utilization
Base USDC Comet
Summary
Borrows decreased -19.09%, from $19,585,751.62 to $15,846,162.34
Supply decreased -12.91%, from $21,514,307.55 to $18,736,933.97
Utilization decreased -7.10% from 91.04% to 84.57%
Reserves increased 0.51% from 448,951.16 USDC to 451,242.07 USDC
The comet distributed $6,658.40 COMP rewards for a weekly Net Protocol Profit of $-4,368.17
Supply & Borrow APY
Reserve Analysis
Utilization
Arbitrum Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Arbitrum | 6105.03 | 73 | 83 |
Arbitrum USDC.e Comet
Summary
Borrows increased 14.57%, from $494,573.16 to $566,638.26
Supply increased 0.04%, from $633,195.15 to $633,427.64
Utilization increased 14.53% from 78.11% to 89.46%
Reserves increased 0.01% from 298,396.86 USDC.e to 298,425.06 USDC.e
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $28.19
Supply & Borrow APY
Reserve Analysis
Utilization
Arbitrum WETH Comet
Summary
Borrows decreased -26.74%, from $25,081,451.56 to $18,375,123.82
Supply decreased -26.12%, from $27,869,214.98 to $20,588,824.32
Utilization decreased -0.83% from 90.00% to 89.25%
Reserves increased 1.50% from 61.44 WETH to 62.36 WETH
The comet distributed $2,663.36 COMP rewards for a weekly Net Protocol Profit of $1,152.46
Supply & Borrow APY
Reserve Analysis
Utilization
Arbitrum USDT Comet
Summary
Borrows increased 7.60%, from $25,659,631.46 to $27,609,496.09
Supply increased 18.09%, from $28,263,053.85 to $33,375,213.20
Utilization decreased -8.88% from 90.79% to 82.72%
Reserves increased 0.99% from 221,609.03 USDT to 223,804.79 USDT
The comet distributed $9,987.60 COMP rewards for a weekly Net Protocol Profit of $-7,791.13
Supply & Borrow APY
Reserve Analysis
Utilization
Arbitrum USDC Comet
Summary
Borrows decreased -4.28%, from $29,033,039.01 to $27,789,987.12
Supply decreased -4.73%, from $32,437,875.79 to $30,904,173.62
Utilization increased 0.47% from 89.50% to 89.92%
Reserves increased 0.41% from 986,511.14 USDC to 990,532.08 USDC
The comet distributed $11,652.20 COMP rewards for a weekly Net Protocol Profit of $-7,632.44
Supply & Borrow APY
Reserve Analysis
Utilization
Linea Ecosystem Update
COMP Rewards Analysis
| Protocol | COMP Token Holdings | Daily COMP Distributions | Remaining days of COMP Runway |
|---|---|---|---|
| Linea | 3951.8 | 7 | 564 |
Linea USDC Comet
Summary
Borrows decreased -48.39%, from $1,901,516.89 to $981,329.70
Supply decreased -0.11%, from $2,144,667.24 to $2,142,406.22
Utilization decreased -48.34% from 88.66% to 45.81%
Reserves increased 0.01% from 99,437.53 USDC to 99,443.42 USDC
The comet distributed $2,330.44 COMP rewards for a weekly Net Protocol Profit of $-2,324.56
Supply & Borrow APY
Reserve Analysis
Utilization
Scroll Ecosystem Update
COMP Rewards Analysis
There are no COMP incentives on Scroll
Scroll USDC Comet
Summary
Borrows decreased -0.04%, from $31,681.30 to $31,667.56
Supply decreased -3.92%, from $35,193.73 to $33,815.32
Utilization increased 4.03% from 90.02% to 93.65%
Reserves increased 0.03% from 12,907.57 USDC to 12,911.26 USDC
The comet distributed $0.00 COMP rewards for a weekly Net Protocol Profit of $3.69














































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































