Analytics Weekly Highlights | 2024-W20


5/20/20243 min read

Welcome to the Analytics Weekly Highlights for Week 20 of 2024. Let's dive into the latest trends and operations in Inverse Finance Ecosystem.

Supply & Market Capitalisation

  • INV FDV USD: 25,346,850 (Change: +4.48%)

  • INV Circulating Supply USD: 24,362,041 (Change: +5.13%)

  • INV Circulating: 533,436 (Change: +0.61%)



This week the Fed Chair has expanded the Firm Fed supply further by USD 1.9 million to accomodate stETH markets, bringing DOLA supply just over USD 130 millions to a new ATH.

  • Total DOLA Supply: 130,323,367 (Change:+1.55%)


  • Borrowers: 55 (+2)

  • Stakers: 217 (-3)

  • Active Users: 248 (+0)


In week 20 we can observe an impressive rebound of Firm TVL over USD 43 millions, as well as a large increase in the protocol current borrows, tied to large deposits on wETH and wstETH markets (see below).

  • Total Collateral: 43,899,371 USD (Change: +6.92%)

  • Current Borrows: 17,848,158 DOLA (Change: +7.40%)

This week we spotted 3 interesting transaction above USD 100k on WETH and CVX market :

  • Burned: 116,102 DBR (Change: +0.90%)

  • Total Burned: 12,849,842 DBR

  • No noticeable transaction spotted.


Week 20 sees sDOLA deposits continuing its rise over 1M to 1,155,021 (+4.03%).

DBR Virtual Auction

This week again the DBR auction contract displays an impressive increase :

Total DOLA bougth : 569,484 DOLA (+53,981 DOLA / +10.47%)
Total DBR sold : 3,722,236 DBR (+423,961 / +12.85%)

DOLA Liquidity Pools

On the LP front, we observe a slight increase of the DOLA/Other Asset ratio as for the TVL in both denominations  :

  • DOLA in LPs: 28,517,147 (+1.44%)

  • Other Assets in LPs: 24,836,871 USD (+2.96%)

  • DOLA/Other Assets Ratio: 114.982 (Change: +3.86 pp)

The largest changes this week are observed in the DOLA-USDC Aero lp on Base with a USD 1.9 million decrease (-1.78%) in TVL.

This decrease is balanced by a sharp relative increase of deposits in DOLA-USDC on Balancer mainnet (+927,093 / +80.05%) as well as on Arbitrum (+637,140 / +59.47%)


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.

Governance season continues ! This week we've seen:

Most of those proposal are related to the budget refresh of the DAO's different working groups with the addition of a  proposal


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.