Analytics Weekly Highlights | 2024-W14

Naoufel

4/8/20242 min read

Welcome to the Analytics Weekly Highlights for Week 14 of 2024. where we delve into the latest trends and operations in Inverse Finance Ecosystem.

Supply & Market Capitalisation

  • INV FDV USD: 29,753,550 (Change: -11.71%)

  • INV Circulating Supply USD: 27,600,531 (Change: -10.74%)

  • INV Circulating: 514,830 (Change: +1.10%)

DOLA Feds

DOLA Feds

This week the Fed Chair has expanded the Aero Fed Supply by an additionnal 4 millions, bringing DOLA supply to its all time high !

  • Total DOLA Supply: 87,903,292 (Change: +4.77%)

FiRM

Usage
  • Borrowers: 53 (+0)

  • Stakers: 215 (+2)

  • Active Users: 243 (+3)

Markets

Week 14 sees the TVL impacted by the retracement of the price on the crypto markets.

  • Total Collateral: 53,606,307 USD (Change: -7.07%)

  • Current Borrows:16,980,093 DOLA (Change: -0.08%)

This week we spotted a couple of large withdrawals on FiRM markets :

  • 118,868 USD withdrawn on INV market at transaction 0x78e...c1e

  • 100,000 USD withdrawn on DAI market at  transaction 0xcd4...03b

DBR
  • Burned: 50,545 DBR (Change: +0.42%)

  • Total Burned: 12,093,477 DBR

  • No noticeable transaction spotted.

sDOLA

Week 14 sees a modest growth bringing the total sDOLA deposits to 1,032,651 DOLA (+2.25%).

DBR Virtual Auction

This week is an impressive one for the DBR virtual auction : an exciting perspective to paying back Frontier bad debt swiftly !

Total DOLA bougth : 274,483 DOLA (+63,956 DOLA / +30.38%)
Total DBR sold : 1,639,562 DBR (+377,898 / +29.95%)

DOLA Liquidity Pools

On the LP front, we observe a continuation of the growth in DOLA and a diminution in other assets denomination value.

  • DOLA in LPs: 42,676,180 (+4.97%)

  • Other Assets in LPs: 38,086,712 USD (-4.32%)

  • DOLA/Other Assets Ratio: 112.05% (Change:+2.14 pp)

The largest changes this week are observed in the DOLA-USDC Aero lp on Base with an increase of TVL over USD 4.1 million for this LP (+7.57%), largely tied to the FedChair Policy.

More details are available in the table below.

Governance

Last week the governance was entertaining, and witnessed a lazy governance attack by a user trying to mint 4.5 Million to DOLA directly to its EOA.

Stay tuned for more insights next week ! If you have any data question don't hesitate to reach out to @naouufel on X/Twitter or to the Analytics General channel on our Discord.

On the serious side of governance though we've seen :

  • 1 proposal queued

  • 2 proposals created (includingthe one above)

You can check our governance page for more details about each individual proposal or participate in the governance process :
https://www.inverse.finance/governance

Notes

Supply & Market Capitalisation : positions : on-chain data (RPC) , prices : DefiLLama

FiRM & Governance : on-chain data (subgraph: inverse-governance-subgraph)

DOLA Feds : on-chain data (RPC)

Markets : prices: Coingecko ; CEX trades & volume: Coingecko ; DEX trades & volume: on-chain data

Liquidity Pools : positions : on-chain data (RPC) ; prices : DefiLLama

To process and analyze the data we make a heavy use of python scripts and SQL which rely on our in-house data analytics platform Inverse Watch.

The data presented in this article has been aggregated on a weekly basis and is combining multiple data sources listed below. It is presented for information purposes and does not constitute an investment advice.

This analysis was realized taking assumptions due to the quality of the historical data available for some token prices. For this reason, some historical values might deviate from the reality

We do strive to continuously improve our data productions processes and are upgrading our methodology every day with the best tools available. For this rreason the data might periodically get revised.

Sources