Analytics Weekly Highlights | 2024-W11


3/18/20243 min read

Welcome to the Analytics Weekly Highlights for Week 11 of 2024, a very exciting week at Inverse. Let's dive into it !

Supply & Market Capitalisation

Last week has been an impressive week on the Inverse Finance ecosystem markets, we observe a staggering of 85% of the FDV reaching levels not observed since the beginning of 2022 :

  • INV FDV USD: 44,522,100 (Change: +85.31%)

  • INV Circulating Supply USD: 40,424,530 (Change: +87.42%)

  • INV Circulating: 503,921 (Change: +1.14%)



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

  • Total DOLA Supply: 64,542,773(Change: 8.64%)


Week 11 on FiRM markets also shows a continuation of the uptrend from the previous week although less impressive (+1.25%). FiRM has also reached its all-time-high for the number of transactions  🎉

This week the current borrows are also showing signs of strength after weeks of relative calm.

  • Total Collateral: 59,737,240 USD (Change: +1.25%)

  • Current Borrows:16,202,347 DOLA (Change: +15.48%)

This week we spotted many noticeable transaction, with the largest depositor depositing over 1.5 M collateral on wBTC wETH and DAI markets. You can find the exhaustive list of those transactions below.

  • Burned: 2,049 DBR (Change: +0.02%)

  • Total Burned: 10,371,521 DBR

  • Borrowers: 50 (+2)

  • Stakers: 209 (-4)

  • Active Users: 234 (-2)


Week 11 saw a net increase in sDOLA deposits bringing the total deposits to 827,914 DOLA (+29.28%).

DBR Virtual Auction

This week has been again a very prolific one for the Auction contract which has sold around 39% of the total DBR sold last week

DOLA purchase : 47,732 DOLA (+38.96%)
DBR sold : 221,496 (+26.87%)

Exchange Markets

Week 11 of 2024 on the markets has been a very active one for our ecosystem tokens with general increases in prices and very large volumes not observed since early 2022. DBR continues its rises in the two digits interest rates, and is slowly picking up on volume.

  • $INV:

    • The price of $INV shows an increase of 58.4% last week, closing it at 80.22 USD

    • The weekly trading volume reaches as high as 31,177,874 USD (+372%) a level unseen since early 2022.

  • $DOLA:

    • DOLA remained stable over the week closing at 0.9968 (-0.22%)

    • The weekly trading volume also continues its increase up to 11,429,670 USD (Volume Change: +36.27%)

  • $DBR:

    • DBR price is closing week 11 at 0.2563 USD (+26.38.64%)

    • DBR trading volume  : 110,417 USD (-62%)

DOLA Liquidity Pools

On the LP front, we observe a continuation of the growth both in DOLA or other assets denomination value. The DOLA to other asset ratio is the lowest it has been since 2021 showing DOLA is regaining momentum and investors interest :

  • DOLA in LPs: 33,821,609 (+9.20%)

  • Other Assets in LPs: 29,971,844 USD (+21.51%)

  • DOLA/Other Assets Ratio: 112.84% (Change:-7.53 pp)

The largest changes this week are observed in the DOLA-USDC Aero lp on Base with an increase of TVL over USD 5.6 million for this LP (+16.66%), which maintains its role as largest DOLA liquidity provider accross all chains with a TVL of over 35.4 USD millions.

Additionnaly DOLA-FRAX-USDC on ethereum is showing signs of strong growth with a TVL increasing by 2.3 USD millions (+19.03%) to 14.3 USD millions.

More details are available in the table below.


Last week, 1 proposal relative to Adjust wstETH Market Daily Borrow Limit on FiRM was created, with no additionnal proposals being queued or executed.

You can check our governance page for more details about each individual proposal or participate in the governance process :

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.


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.