Analytics Weekly Highlights | 2024-W45

Naoufel

11/11/20243 min read

Hi Invader, and welcome to the Analytics Weekly Highlights for Week 45 of 2024.

Featuring a new Bitcoin ATH and Pt-sUSDe markets, week 45 has been a prolific one for the DAO. Let's dive into it !

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Supply & Market Capitalisation

  • INV FDV USD: 15,873,150 (Change: +11.01%)

  • INV Circulating Supply USD: 15,024,570 (Change: +11.05%)

  • INV Circulating: 582,122 (+0.03%)

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DOLA Feds

DOLA Feds

This week the Fed Chair expanded the DOLA supply on FiRM to accomodate for new markets by DOLA 10 m illions contracted on Convex Fed by 2 millions.

  • Total DOLA Supply: 206,558,115 (+1.05%)

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FiRM

Usage

FiRM user numbers are seeing a relatively large increase in week 45.

  • Borrowers: 92 (steady)

  • Stakers: 182 (-2)

  • Active Users: 251 (-3)

Markets

In Week 45 FiRM TVL and borrows display their largest weekly increase to date, bolstered by Pendle PT-sUSDe new market on FiRM :

  • TVL : USD 53,768,598 (+70.75%)

  • Current Borrows : USD 28,136,305(+61.32%)

This week we spotted numerous large transactions with 10 over USD 1 million and 54 transactions over USD 100k, mainly on sUSDe and PT-sUSDe markets..

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

DBR
  • Burned: 473,307 DBR

  • Total Burned: 21,500,543 DBR (Change: +2.2%)

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sDOLA

In Week 45 sDOLA deposits witnessed a large deposit activity.

  • Total deposits : 1,354,202 DOLA (+4.31%)

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sINV

In Week 45 sINV deposits witnessed a large deposits activity.

  • Total deposits : 45,778 INV (+6.71%)

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DBR Virtual Auction

This week the DBR auction displays a larger than usual sharp increase :

  • Total DOLA bougth : 1,611,724 DOLA (+121,068 DOLA / +7.53%)

  • Total DBR sold : 21,840,658 DBR (+1,513,015 / +6.08%)

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DOLA Liquidity Pools

On the LP front, we observe some  large decrease awhile the DOLA/Other assets ratio decrease by more than 11 percentages points  :

  • DOLA in LPs: 53,160,449 DOLA (-39.54%)

  • Other Assets in LPs: 40,491,855 USD (-26.33%)

  • DOLA/Other Assets Ratio: 131.29% (Change: -11.38 pp)

The largest changes this week are observed on Base chain :

  • D0LA-USDbC aerolp TVL decreases by USD 24 millions (-29.78%) to USD 81 millions at week close

  • D0LA-USDC aerolp TVL decreases by USD 3.8  millions (-28.12%) to USD 9.9 millions at week close

  • DOLA/FRAXPYUSD (crvDOLA) TVL decrease by USD 2.7 millions (-21.94%) to USD 12 millions at week close

More exhaustive figures available in the table below !

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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:

  • 2 proposal created

  • 2 proposal queued

  • 1 proposal executed

Those proposal were related to :

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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