Analytics Weekly Highlights | 2024-W31
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 :
6,071,966 USD withdrawal on wstETH market (1,601 wstETH) by 0xba1...8ed at transaction 0xeb8...d1b
3,773,121 DOLA repayment on wstETH market by 0xba1...8ed at transaction 0xe41...acf
1,206,128 USD withdrawal on wstETH market (318 wstETH) by 0xe53...941 at transaction 0xd3c...899
947,780 USD withdrawal on wstETH market (250 wstETH) by 0xca6...87a at transaction 0xb6e...416
931,318 USD withdrawal on cvxCRV market by 0xa1f...748 (3,567,956 CRV) at transaction 0x59b...0c1
926,942 USD deposit on cvxCRV market by 0xa1f...748 (3,551,189 CRV) at transaction 0x55f...334
724,015 DOLA repayment on wstETH market by 0xa1f...748 at transaction 0xd3c...899
635,981 DOLA repayment on wstETH market by 0xe53...941 at transaction 0xb6e...416
For the full list, check at the end of this section.
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.