Analytics Weekly Highlights | 2024-W21


5/27/20242 min read

Welcome to the Analytics Weekly Highlights for Week 21 of 2024. Let's dive into the latest trends and operations in Inverse Finance Ecosystem.

Supply & Market Capitalisation

  • INV FDV USD: 23,681,850 (Change: -6.57%)

  • INV Circulating Supply USD: 22,845,586 (Change: -6.22%)

  • INV Circulating: 535,402 (Change: +0.37%)



This week the Fed Chair has expanded the Firm Fed supply further by USD 2 million to accomodate stETH markets, bringing DOLA supply just over USD 132 millions to a new ATH.

  • Total DOLA Supply: 132,323,367 (Change:+1.53%)


  • Borrowers: 57 (+2)

  • Stakers: 214 (-3)

  • Active Users: 247 (-1)


In week 20 we can observe an impressive rebound of Firm TVL over USD 50 millions, that can be mainly tied to the crypto prices appreciations in response to the ETH ETF news as well as important deposits on the wstETH market.

  • Total Collateral: 51,630,371 USD (Change: +13.42%)

  • Current Borrows: 17,631,041 DOLA (Change: -1.22%)

This week we spotted numerous whales transactions, notably on wstETH, DAI and CRV markets (see details in the table below).


This week is a new record week for the DBR burning mechanism with close to 15% of the historical amount burnt within the week

  • Burned: 2,270,314 DBR (Change: +15.02%)

  • Total Burned: 15,120,156 DBR

  • No noticeable transaction spotted.


Week 21 sees sDOLA deposits continuing its rise over 1.2M to 1,228,463 (+6.36%).

DBR Virtual Auction

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

Total DOLA bougth : 610,432 DOLA (+40,948 DOLA / +7.19%)
Total DBR sold : 4,050,683 DBR (+328,447 / +8.82%)

DOLA Liquidity Pools

On the LP front, we observe a slight decrease of both DOLA deposits and other assets in LPs with an impressive stability of the ratio over the week.

  • DOLA in LPs: 27,190,484 (-2.87%)

  • Other Assets in LPs: 23,741,104 USD (-2.80%)

  • DOLA/Other Assets Ratio: 114.503 (Change: -0.29 pp)

The largest changes this week are observed in the DOLA-USDC Aero lp on Base with a USD 1.12 million decrease (-2.96%) in TVL.


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.

This week in governance we've seen:


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.