Analytics Weekly Highlights | 2024-W25
Welcome to the Analytics Weekly Highlights for Week 25 of 2024. Let's dive into the latest trends and operations in Inverse Finance Ecosystem.
Supply & Market Capitalisation
INV FDV USD: 17,069,648 (Change: -8.44%)
INV Circulating Supply USD: 16,827,709 (Change: -7.75%)
INV Circulating: 554,638 (Change: +2.13%)
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: 152,859,686 (Steady)
FiRM
Usage
FiRM user numbers have decreased slightly in week 24, but with the number of transactions on the protocol remaining close to its ATH from W24.
Borrowers: 57 (-2)
Stakers: 213(-1)
Active Users: 247 (-3)
Markets
In Week 25 FiRM markets are recovering from a tumultuous week. The total collateral USD value seems to be stabilizing above the USD 20 millions bar while the current borrows on the protocol increase by a more than 4%.
Total Collateral: 20,136,389 USD (Change: +0.87%)
Current Borrows: 8,492,212 DOLA (Change: +4.40%)
This week we only spotted a couple borrow transactions above USD 100k on sFRAX and CVX markets
sFRAX: 280,000 liquidated for 280,000 USD (Transaction Link).
CVX: 217,818.8914 liquidated for 217,818.89 USD (Transaction Link).
see more transactions in the table below
DBR
Burned: 150,485 DBR (Change: +0.90%)
Total Burned: 16,634,888 DBR
sDOLA
Week 24 sees an sDOLA deposits decrease :
Weekly deposits : -75,997 DOLA
Total deposits : 1,360,401 DOLA (-5.29%)
DBR Virtual Auction
This week the DBR auction displays as usual a net increase :
Total DOLA bougth : 816,755 DOLA (+45,651 DOLA / +5.92%)
Total DBR sold : 6,127,937 DBR (+586,278 / +10.56%)
DOLA Liquidity Pools
On the LP front, we can a rebalancing on the markets following the large liquidations and repayments processed on FiRM last week :
DOLA in LPs: 78,927,193 (+3.30%)
Other Assets in LPs: 58,888,689 USD (-12.61%)
DOLA/Other Assets Ratio: 121.53 (Change: -4.11 pp)
The largest changes this week are observed in the ethereum D0LA-USDC blp with a decrease in TVL by over USD 2 millions and ethereum DOLA/FRAXPYUSD with a USD 1.5 millions decrease.
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 in governance we've seen:
2 proposal created
1 proposal queued
3 proposal executed
Those proposals were related to :
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.