Analytics Weekly Highlights | 2024-W50
Hi Invader, and welcome to the Analytics Weekly Highlights for Week 50 of 2024.
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Supply & Market Capitalisation
In week 50 we observe some correction after the previous week impressive price increase :
INV FDV USD: 30,602,400 USD (-6.47%)
INV Circulating Supply USD: 30,969,712 USD (-6.36%)
INV Circulating: 582,809 INV (+0.12%)
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DOLA Feds
DOLA Feds
This week the Fed Chair expanded FiRM supply by close to DOLA 14 millions to accomodate for newly listed USDs markets bringing DOLA to a new ATH.
Total DOLA Supply: 223,518,115 DOLA (Change: +6.67%)
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FiRM
Usage
FiRM user numbers display little changes in week 50.
Borrowers: 86 (-2)
Stakers: 159 (-8)
Active Users: 222 (Change: -4)
Markets
The market has seen major fluctuations in collateral and borrows : FiRM crossed the USD 100 millions mark of TVL, and closed at 102M after a 16% increase bringing both the TVL and current borrows to a new ATH.
TVL : USD 102,663,099 USD (+16.32%)
Current Borrows : 63,217,635 DOLA (+40.58%)
Those large changes can be mainly explained by large deposits on DOLA-scrvUSD, yvCurve-DOLA-sUSDS-f, DOLA-sUSDS and DOLA-sUSDe markets.
This week we spotted many million-dollar worth transactions, to see the full list of transactions above USD 100k , scroll below this section.
DBR
Burned: 1,235,427 DBR
Total Burned: 25,765,623 DBR (Change: +4.79%)
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sDOLA
In Week 50 sDOLA deposits continues their surge and increase sharply above 3 millions :
Total deposits : 3,217,177 DOLA (+24.49%)
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sINV
In Week 50 sINV deposits decrease by 9%.
Total deposits : 52,975 INV (-8.97%)
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DBR Virtual Auction
This week the DBR auction displays a small increase :
Total DOLA bougth : 1,851,116 DOLA (+11,709 DOLA / +0.64%)
Total DBR sold : 22,714,764 DBR (+65,668 / +0.29%)
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DOLA Liquidity Pools
On the LP front, we observe some large decrease awhile the DOLA/Other assets ratio rebound by 4.5 percentages points :
DOLA in LPs: 87,853,996 DOLA (+19.20%)
Other Assets in LPs: 62,483,229 USD (+7.81%)
DOLA/Other Assets Ratio: 140.60% (Change: +14.35 pp)
The largest changes this week is observed on Ethereum Mainnet :
DOLA-scrvUSD curve lp TVL increase by USD 8.5 millions (+123%) to USD 15.4 millions at week close
DOLA-sUSDs curve lp TVL increase by USD 6.7 millions (+50%) to USD 20.2 millions at week close
DOLA-sUSDe curve lp TVL increase by USD 4.4 millions (+25%) to USD 22.1 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 active with the addition of new FiRM markets :
2 proposal created
2 proposal queued
2 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.