Analytics Weekly Highlights | 2024-W27
Welcome to the Analytics Weekly Highlights for Week 27 of 2024. Let's dive into the latest trends and operations in Inverse Finance Ecosystem.
Supply & Market Capitalisation
INV FDV USD: 15,184,898(Change: -8.13%)
INV Circulating Supply USD: 16,337,105 (Change: -7.96%)
INV Circulating: 557,106 (Change: +0.19%)
DOLA Feds
DOLA Feds
This week the Fed Chair contracted multiple Feds (details in table below) bringing back the total supply to 128 millions.
Total DOLA Supply: 128,009,610 (-15.54%)
FiRM
Usage
FiRM user numbersremained steady in week 27 :
Borrowers: 59 (steady)
Stakers: 214(steady)
Active Users: 250 (steady)
Markets
In Week 27 FiRM markets are decreasing both in term of TVL and current borrows .
Total Collateral: 18,620,917 USD (Change: -7.68%)
Current Borrows: 7,735,344 DOLA (Change: -9.96%)
This week spotted multiple large transactions over USD 100k value mainly due to large withdrawals and repayments from CRV, wstETH and INV markets, balanced by large deposits on the wBTC market. The exhaustive list is of transactions available at the end of this section.
DBR
Burned: 283,700 DBR (Change: +1.65%)
Total Burned: 17,150,970 DBR
sDOLA
In Week 27 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 : 880,373 DOLA (+27,810 DOLA / +3.26%)
Total DBR sold : 7,102,985 DBR (+464,078 / +6.99%)
DOLA Liquidity Pools
On the LP front, we observe some rebalancing on the markets following large movements over the previous weeks :
DOLA in LPs: 77,186,482 (-1.39%)
Other Assets in LPs: 54,513,226 USD (-10.14%)
DOLA/Other Assets Ratio: 141.59 (Change: +16.01 pp)
The largest changes this week are observed in the ethereum DOLA-USDC blp with a decrease in TVL by over USD 2.9 millions and on the DOLA/FRAXPYUSD (crvDOLA) by nearly 1M .
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
2 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.