Analytics Weekly Highlights | 2024-W41
Hi Invader, and welcome to the Analytics Weekly Highlights for Week 41 of 2024.
We have been taking some time off the weekly production to be able to focus on building our Analytics infrastructure but hey, we are back to cover the rest of the year !
So without further due, let's jump into those figures.
Supply & Market Capitalisation
INV FDV USD: 13,265,550 (Change: -1.55%)
INV Circulating Supply USD: 12,545,561(Change: -1.51%)
INV Circulating: 581,621(Change: +0.04%)
DOLA Feds
DOLA Feds
This week the Fed Chair expanded the DOLA supply to accomodate FiRM new markets (+4 millions) and expanded largely the Aero Fed (CCTP) by 5.2 millions, maintaining DOLA supply to close to its ATH.
Total DOLA Supply: 182,865,088(+0.87%)
FiRM
Usage
FiRM user numbers are displaying a slight decrease in week 41.
Borrowers: 81 (+2)
Stakers: 192 (-2)
Active Users: 251 (-2)
Markets
In Week 41 FiRM TVL and borrows display a net increase that we can't evaluate this week for missing price feed reasons.
The current borrow increase largely though to 17.8 millions (+16.41%)
This week we spotted numerous large deposits and borrow transactions on our new markets cbBTC, sUSDe, yvCurve-DOLA-FRAXPYUSD-f, yvCurve-DOLA-crvUSD-f or crvDOLA.
The most noticeable one is a borrowby 0x685...e1e on cbBTC market for 501,967 DOLA at transaction 0x43b...f18.
To see the full list of whales transactions above USD 100k , scroll below this section.
DBR
Burned: 191,232 DBR (Change: +0.96%)
Total Burned: 19,929,976 DBR
sINV
In Week 41 sINV deposits witnessed a large deposits activity.
Total deposits : 25,458 INV (+22.10%)
sDOLA
In Week 41 sDOLA deposits witnessed a large withdrawal activity.
Total deposits : 1,802,714 DOLA (-11.76%)
DBR Virtual Auction
This week the DBR auction displays as usual a steady increase:
Total DOLA bougth : 1,401,663 DOLA (+47,912 DOLA / +3.54%)
Total DBR sold : 17,156,219 DBR (+991,962 / +6.14%)
DOLA Liquidity Pools
On the LP front, we observe some large movements awhile the DOLA/Other assets ratio remains relatively stable :
DOLA in LPs: 95,015,284 DOLA (+7.89%)
Other Assets in LPs: 78,369,029 USD (+8.16%)
DOLA/Other Assets Ratio: 121.24% (Change: +14.2 pp)
The largest changes this week are observed on Base chain :
D0LA-USDbC aerolp TVL increases by USD 10.3 millions (+11.01%) to reach USD 104 millions at week close
D0LA-USDC aerolp TVL increase by USD 3.2 millions (+10.40) to reach USD 34 millions at week close
More exhaustive figures available in the table below !
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:
0 proposal created
2 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.