Machine Learning is live on Inverse Watch ! Learn more about it here.

Analytics Weekly Highlights | 2024-W42

Naoufel

10/21/20243 min read

Hi Invader, and welcome to the Analytics Weekly Highlights for Week 42 of 2024 !

_______________________________________________________________________________________________________________________________________________________________________

Supply & Market Capitalisation

  • INV FDV USD: 13,456,200 (Change: +1.44%)

  • INV Circulating Supply USD: 12,724,327(Change: +1.44%)

  • INV Circulating: 581,621 (Steady)

_______________________________________________________________________________________________________________________________________________________________________

DOLA Feds

DOLA Feds

This week the Fed Chair expanded the DOLA supply to accomodate FiRM new markets (+15.2 millions) and expanded largely the Aero Fed (CCTP) by 8 millions, bringin DOLA supply to a new ATH over USD 200 millions.

  • Total DOLA Supply: 206,112,526(+12.71%)

_______________________________________________________________________________________________________________________________________________________________________

FiRM

Usage

FiRM user numbers are unchanged in week 42.

  • Borrowers: 81 (steady)

  • Stakers: 192 (steady)

  • Active Users: 251 (steady)

Markets

In Week 42 FiRM TVL and borrows display both a slight decrease :

  • TVL : USD 37,230,307 (-1.43%)

  • Current Borrows : USD 18,599,110 (-.029%)

This week we spotted large withdrawals and repayments on wstETH and sFRAX markets as well as large deposits and borrows on crvUSD and crvUSDDOLA-f markets.

The most noticeable ones this week are :

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

DBR
  • Burned: 569,177 DBR (Change: +2.78%)

  • Total Burned: 20,499,152 DBR

_______________________________________________________________________________________________________________________________________________________________________

sDOLA

In Week 42 sDOLA deposits witnessed a large withdrawal activity.

  • Total deposits : 1,250,331 DOLA (-30.64%)

_______________________________________________________________________________________________________________________________________________________________________

sINV

In Week 42 sINV deposits witnessed a large deposits activity.

  • Total deposits : 30,560 INV (+20.04%)

_______________________________________________________________________________________________________________________________________________________________________

DBR Virtual Auction

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

  • Total DOLA bougth : 1,448,551 DOLA (+46,888 DOLA / +3.35%)

  • Total DBR sold : 18,109,029DBR (+952,811 / +5.55%)

_______________________________________________________________________________________________________________________________________________________________________

DOLA Liquidity Pools

On the LP front, we observe some  large movements awhile the DOLA/Other assets ratio remains largely unchanged :

  • DOLA in LPs: 106,352,578 DOLA (+9.26%)

  • Other Assets in LPs: 87,409,516 USD (+8.68%)

  • DOLA/Other Assets Ratio: 121.67% (Change: +0.4 pp)

The largest changes this week are observed on Base chain :

  • D0LA-USDbC aerolp TVL increases by USD 15.4  millions (+14.46%) to reach USD 122 millions at week close

  • D0LA-USDC aerolp  TVL increase by USD 1.6 millions (+4.58%) to reach USD 36 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:

  • 1 proposal created

  • 1 proposal queued

  • 1 proposal executed

This proposal was related to Unpause the st-yCRV market on FiRM.

_______________________________________________________________________________________________________________________________________________________________________

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