Analytics Weekly Highlights | 2024-W33

Naoufel

8/19/20242 min read

Welcome to the Analytics Weekly Highlights for Week 33 of 2024.

Supply & Market Capitalisation

  • INV FDV USD: 17,472,150 (Change: +5.22%)

  • INV Circulating Supply USD: 16,115,064(Change: +5.32%)

  • INV Circulating: 567,232 (Change: +0.09%)

DOLA Feds

DOLA Feds

This week the Fed Chair expanded the DOLA supply to accomodate FiRM markets (+2 millions) and contracted slightly on FraxpyUSD and Aura Feds..

  • Total DOLA Supply: 144,590,852(+0.87%)

FiRM

Usage

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

  • Borrowers: 74 (+2)

  • Stakers: 210 (steady)

  • Active Users: 266 (+2)

Markets

In Week 33 FiRM TVL and borrows display both an impressive 20% increase , mainly supported by large deposits on wstETH and cvxCRV markets and borrows on the same markets at the addition of DAI.

  • Total Collateral: 26,764,506 USD (Change: +19.57%)

  • Current Borrows: 11,491,698 DOLA (Change: +20.03%)

This week we spotted numerous large repayments and withdrawals transactions balanced by. The most noticeable one is a deposit by 0x394...1b6 on cvxCRV market for 5,527,299 cvxCRV (USD 1.7 millions) at transaction 0xa4a...6ea.

To see the full list of whale transactions above USD 100k , scroll below this section.

DBR
  • Burned: 93,545 DBR (Change: +0.51%)

  • Total Burned: 18,471,740 DBR

sDOLA

In Week 33 sDOLA deposits did not witness any deposit activity.

  • Total deposits : 2,246,164 DOLA (steady)

DBR Virtual Auction

This week the DBR auction displays as usual a steady increase:

  • Total DOLA bougth : 1,123,315 DOLA (+43,433 DOLA / +4.02%)

  • Total DBR sold : 11,188,064 DBR (+870,766 / +8.44%)

DOLA Liquidity Pools

On the LP front, we observe some  usual movements and an increase of the DOLA/Other assets ratio:

  • DOLA in LPs: 69,878,430 DOLA (+2.83%)

  • Other Assets in LPs: 48,012,530 USD (-5.44%)

  • DOLA/Other Assets Ratio: 145.54 (Change: +14.2 pp)

There are no noticeable changes in any of the LP this week for more than 500k. See you next week folks !

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 created

  • 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