Analytics Weekly Highlights | 2024-W26
Welcome to the Analytics Weekly Highlights for Week 26 of 2024. Let's dive into the latest trends and operations in Inverse Finance Ecosystem.
Supply & Market Capitalisation
INV FDV USD: 16,529,541 (Change: -3.16%)
INV Circulating Supply USD: 16,337,105 (Change: -2.92%)
INV Circulating: 556,062 (Change: +0.26%)
DOLA Feds
DOLA Feds
This week the Fed Chair contracted the Aura Fed, bringing DOLA supply just below its ATH to 151 millions.
Total DOLA Supply: 151,569,321 (-0.84%)
FiRM
Usage
FiRM user numbers have increased slightly in week 24 compensating the previous week decrease :
Borrowers: 59 (+2)
Stakers: 213(+1)
Active Users: 247 (+3)
Markets
In Week 26 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 are showing little changes.
Total Collateral: 20,170,331 USD (Change: -1.99%)
Current Borrows: 8,591,428 DOLA (Change: +1.17%)
This week spotted multiple large transactions over 100k USD value. The most noticeable one are the following :
112.65 deposit on wstETH market by 0x9b4...70a at transaction 0xde7...107 (450,584 USD)
220,898 borrow on wstETH market by 0x617...f97 at transaction 0x37e...ece (220,898 USD)
200,000 borrow on wstETH market by 0x9b4...70a at transaction 0xde7...107 (200,000 USD)
more transactions are available in the table below this section
DBR
Burned: 232,382 DBR (Change: +1.38%)
Total Burned: 16,867,269 DBR
sDOLA
In Week 24 there were no changes in sDOLA deposits :
Total deposits : 1,360,401 DOLA (Steady)
DBR Virtual Auction
This week the DBR auction displays as usual a net increase :
Total DOLA bougth : 852,564 DOLA (+35,809 DOLA / +4.38%)
Total DBR sold : 6,638,907 DBR (+510,970 / +8.34%)
DOLA Liquidity Pools
On the LP front, we observe some rebalancing on the markets following large movements over the previous weeks :
DOLA in LPs: 77,484,526 (+2.46%)
Other Assets in LPs: 61,702,531 USD (+4.02%)
DOLA/Other Assets Ratio: 125.58 (Change: -8.45 pp)
The largest changes this week are observed in the ethereum DOLA-USDC blp with a decrease in TVL by over USD 1.3 millions.
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:
1 proposal created
1 proposal queued
1 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.