Analytics Weekly Highlights | 2024-W31

Naoufel

8/5/20243 min read

Welcome to the Analytics Weekly Highlights for Week 31 of 2024.Despite ending in tears, last week featured optimism on the crypto markets

Supply & Market Capitalisation

  • INV FDV USD: 18,025,650 (Change: +2.48%)

  • INV Circulating Supply USD: 16,139,064(Change: +2.56%)

  • INV Circulating: 564,740 (Change: +0.08%)

DOLA Feds

DOLA Feds

This week the Fed Chair expanded largely the DOLA supply to accomodate FiRM markets (+10 millions) and contracted the Aero Fed on Base (-3.2 millions).

  • Total DOLA Supply: 141,610,483 (+4.84%)

FiRM

Usage

FiRM user numbers are displaying a slight increase in week 31.

  • Borrowers: 73 (steady)

  • Stakers: 208(-1)

  • Active Users: 261 (steady)

Markets

In Week 31 FiRM TVL displays a sharp drop, mainly supported by large withdrawals on wstETH markets (listed below).

  • Total Collateral: 32,482,373 USD (Change: +2.52%)

  • Current Borrows: 14,910,617 DOLA (Change: +5.58%)

This week we spotted numerous large repayments and withdrawals transactions balanced by. Some noticeable transactions include :

DBR
  • Burned: 7 DBR (Change: +0.00%)

  • Total Burned: 17,766,330 DBR

sDOLA

In Week 28 sDOLA deposits witness an impressive increase by 739k DOLA :

  • Total deposits : 2,266,547 DOLA (+48.45%)

DBR Virtual Auction

This week the DBR auction displays as usual a steady increase:
Total DOLA bougth : 1,043,557 DOLA (+34,202 DOLA / +3.39%)
Total DBR sold : 9,604,133 DBR (+556,542 / +6.15%)

DOLA Liquidity Pools

On the LP front, we observe some  large movements and a sharp drop of the DOLA/Other assets ratio:

  • DOLA in LPs: 69,070,840 DOLA (+1.32%)

  • Other Assets in LPs: 57,058,130 USD (+2.45%)

  • DOLA/Other Assets Ratio: 121.05 (Change: -4.57 pp)

The largest and most impressive changes this week are observed in the aero DOLA-USDbC (+2.4M).

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 was relatively quiet,  we've seen:

  • 1 proposal queued

  • 2 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.

Sources