Analytics Weekly Highlights | 2024-W23
Welcome to the Analytics Weekly Highlights for Week 23 of 2024. Let's dive into the latest trends and operations in Inverse Finance Ecosystem.
Supply & Market Capitalisation
INV FDV USD: 21,689,400 (Change: -6.71%)
INV Circulating Supply USD: 21,092,807 (Change: -6.46%)
INV Circulating: 539,734 (Change: +0.27%)
DOLA Feds
DOLA Feds
This week the Fed Chair there were no changes in the DOLA supply, keeping the latter at its ATH.
Total DOLA Supply: 132,323,367 (No Change)
FiRM
Usage
Borrowers: 59 (-1)
Stakers: 215 (steady)
Active Users: 250 (steady)
Markets
In week 23 Firm TVL cools off below USD 45 millions mainly due to the decreasing prices of CRV and cxCRV assets. The current borrows continue their growth initiated the previous week, although at a slower pace.
Total Collateral: 44,958,880 USD (Change: -8.01%)
Current Borrows: 19,029,139 DOLA (Change: +1.87%)
This week we spotted 3 transactions by the same whale (0x31b...1e9) dedicated to CVX markets :
442,134 CRV deposit (0x327...432)
211,214 DOLA borrow on CRV market (0x327...432)
105,546 DOLA borrow on CRV market (0x973...40a)
DBR.
Burned: 32,343 DBR (Change: +0.21%)
Total Burned: 15,184,868 DBR
No noticeable transaction spotted.
sDOLA
Week 23 sees sDOLA pursuing its growth at a steady pace :
Weekly deposits : 82,752 DOLA
Total deposits : 1,533,954 DOLA (+5.70%)
DBR Virtual Auction
This week the DBR auction continues to display an impressive increase with one of its most productie week so far :
Total DOLA bougth : 737,215 DOLA (+57,123 DOLA / +8.40%)
Total DBR sold : 5,185,653 DBR (+527,770 / +11.33%)
DOLA Liquidity Pools
For technical reasons the LP section won't be published this week. We'll apologize for the inconvience and will are working on resolving the situation ASAP !
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.
This week the governance was all about the proposal to increase wstETH market’s Supply Ceiling and Daily Borrow Limit with this latter being created, queued and executed (Proposal Link).
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.