Analytics Weekly Highlights | 2024-W09

Naoufel

3/4/20243 min read

Welcome to the Analytics Weekly Highlights for Week 9 of 2024, where we delve into the latest trends and data within the Inverse Finance ecosystem.

Supply & Market Capitalisation

This week, we've seen a net increase of the market capitalisation tied to the latest price developments:

  • INV FDV USD: 23,443,200(Change: +32.21%)

  • INV Circulating Supply USD: 23,130,591 (Change: +31.09%)

  • INV Circulating: 491,006 (Change: +0.69%)

DOLA Feds

DOLA Feds

This week the Fed Chair is active on several market : FiRM, Aero, and Aura Feds are all seing a net increase in their DOLA circulating supply.

  • Total DOLA Supply: 49,643,401 (Change: 6.91%)

FiRM

The FiRM markets this week are largely benefiting from the wind of optimisim blowing in the crypto sector. Every single FiRM market is showing an increase in TVL at the exception of DAI market that saw large outflow in the course of the previous week (-1.4 million DAI withdrawals net).

Conversely the current borrows are not showing any signs of growth ; indicating depositors are staying cautious amid an explosive - and risky -market.

  • Total Collateral: 53,304,491 USD (Change: +18.61%)

  • Current Borrows:13,491,739 DOLA (Change: -4.38%)

This week we spotted some large transactions on FiRM markets, with the 2 largest totaling over USD 4.6 million in asset value :

$DBR
  • Burned: 306,804 DBR (Change: +2.96%)

  • Total Burned: 10,354,033 DBR

Usage
  • Borrowers: 46 (+2)

  • Stakers: 217 (+1)

  • Active Users: 237 (+1)

Exchange Markets

Week 9 of 2024 in the Inverse Finance ecosystem displayed increasing trends for prices and volume :

  • $INV:

    • The price of $INV is awakening and displays an impressive increase of 28.69% over the past week

    • The weekly trading volume increased sharply from the previous week to 7,678,599 USD (Volume Change: +190.21%).

  • $DOLA:

    • DOLA remained stable over the week closing at 0.9970 (+0.27%)

    • The weekly trading volume also continues its increase up to 8,387,425 USD (Volume Change: 59.49%)

  • $DBR:

    • DBR price is closing week 8 at 0.1532 USD (+7.42%)

    • DBR trades median weekly price : 0.1536 DOLA

    • DBR trades average weekly price  : 0.15 DOLA

    • There were no interesting trades over the week.

DOLA Liquidity Pools

On the LP front, we can observe various trends, with a nice consolidation of the DOLA/other assets ratio showing a net influx of other asses in the pools :

  • DOLA in LPs: 22,874,913 (+6.20%)

  • Other Assets in LPs: 16,271,253 USD (+13.22%)

  • DOLA/Other Assets Ratio: 140.58% (Change:-11.13 pp)

The largest changes this week are observed in the DOLA-USDC Aero lp on Base with an increase of TVL over USD 5 million for this single pool. This is balance by a 1.3 M decrease in Balance DOLA-USDC blp on Ethereum mainnet.

More details are available in the table below.

Governance

Nothing this week ! You can check our governance page for more details about each individual proposal or participate in the governance process : https://www.inverse.finance/governance

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.

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