Analytics Weekly Highlights | 2024-W12
Welcome to the Analytics Weekly Highlights for Week 12 of 2024.
Supply & Market Capitalisation
Last week the market capitalisation cooled off from the considerable growth observed in week 11 and is stabilizing above USD 30 millions.
INV FDV USD: 33,028,050 (Change: -25.82%)
INV Circulating Supply USD: 30,163,005 (Change: -25.38%)
INV Circulating: 506,856 (Change: +0.58%)
DOLA Feds
DOLA Feds
This week the Fed Chair has been very active on several market with expansions for the FiRM borrowing capacity as well as Aero, Convex, and Aura markets
Total DOLA Supply: 73,315,370 (Change: +13.59%)
FiRM
Week 12 sees the TVL growth slowing down, impacted by the retracement of the price on the crypto markets. We also see a shy increase of the current borrows from the previous week.
Total Collateral: 56,677,623USD (Change: -7.07%)
Current Borrows:16,353,134 DOLA (Change: +0.90%)
This week we spotted a couple of large deposits on wstETH market as well as a large withdrawal on DAI market.
412,255 USD deposited at transaction 0x8d0...d68
278,768 USD deposited at transaction 0xee0...056
139,950 USD withdrawn at transaction 0x96d...752
$DBR
Burned: 57,636 DBR (Change: +0.48%)
Total Burned: 11,953,808 DBR
Usage
Borrowers: 52 (+2)
Stakers: 210 (+1)
Active Users: 238 (+4)
sDOLA
Week 12 sees sDOLA continued growth bringing the total deposits to 975,003 DOLA (+29.28%).
DBR Virtual Auction
This week has been very quiet for the DBR virtual auction with the DBR interest concentrating on the usual DEX markets.
DOLA purchase : 47,732 DOLA (+0%)
DBR sold : 221,496 (+0%)
Exchange Markets
Week 12 of 2024 on the markets has been a very active one for our ecosystem tokens despite prices and volume cooling off from week 11 -one of the most active weeks to date.
$INV:
The price of $INV shows an decrease of 14.22% last week, closing at 59.74 USD
The weekly trading volume decrease to 25,549,850 (-18%)
$DOLA:
DOLA remained stable over the week closing at 0.9959 (-0.64%)
The weekly trading volume decreases sligthly to 15,294,298 (-6.96%)
$DBR:
DBR price is closing week 12 at 0.2021 USD (-4.07%)
DBR trading volume : 40,493 USD (-63.33%)
DOLA Liquidity Pools
On the LP front, we observe a stabilization of the growth in DOLA and continuation in 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: 100.19% (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 3.7 million for this LP (+9.29%), which maintains its role as largest DOLA liquidity provider accross all chains with a TVL of over 43.8 USD millions.
Additionnaly DOLA-FRAX-USDC on ethereum is cooling off from the previous week increase closing at a TVL slightly over USD 13.1 millions (-7.92%).
More details are available in the table below.
Governance
Last week was relatively active in the governance section with :
3 proposal queued
2 proposals created
2 proposal executed
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.