Analytics Weekly Highlights | 2024-W51
Hi Invader, and welcome to the Analytics Weekly Highlights for Week 51 of 2024.
____________________________________________
Supply & Market Capitalisation
In week 51 we observe some correction after the previous week impressive price increase :
INV FDV USD: 30,214,950 USD (-1.27%)
INV Circulating Supply USD: 28,633,425 USD (-1.27%)
INV Circulating: 582,809 INV (steady)
____________________________________________
DOLA Feds
DOLA Feds
This week the Fed Chair expanded very slightly FiRM supply :
Total DOLA Supply: 223,545,115 DOLA (Change: +0.01%)
____________________________________________
FiRM
Usage
FiRM user numbers display little changes in week 51.
Borrowers: 83 (-3)
Stakers: 150 (-1)
Active Users: 219 (Change: -3)
Markets
The market has seen large fluctuations in collateral and borrows : FiRM spent the week above USD 100 millions mark of TVL, closing just below.
TVL : USD 96,333,285 USD (-6.16%)
Current Borrows : 63,217,635 DOLA (-6.72%)
Those large changes can be mainly explained by large withdrawals on DOLA-sUSDe, sUSDe, yvCurve-DOLA-sUSDS-f, DOLAFRAXBP3CRV-f 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: 1,343,452 DBR
Total Burned: 27,109,075 DBR (Change: +4.96%)
____________________________________________
sDOLA
In Week 51 sDOLA deposits increase sharply above 4 millions by their largest weekly increase so far :
Total deposits : 4,715,125 DOLA (+46.56%)
____________________________________________
sINV
In Week 51 sINV deposits decrease by 10% :
Total deposits : 47,543 INV (-10.25%)
____________________________________________
DBR Virtual Auction
This week the DBR auction displays an increase :
Total DOLA bougth : 1,894,545 DOLA (+43,429 DOLA / +2.35%)
Total DBR sold : 22,988,601 DBR (+273,836 / +1.21%)
____________________________________________
DOLA Liquidity Pools
On the LP front, we observe some decreases while the DOLA/Other assets ratio bounces by 13 percentages points :
DOLA in LPs: 85,579,241 DOLA (-4.72%)
Other Assets in LPs: 55,641,252 USD (-11.8%)
DOLA/Other Assets Ratio: 153.81% (Change: +13.2pp)
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 active with the addition of new FiRM markets :
4 proposal created
4 proposal queued
1 proposal executed
Those proposal 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.