Analytics Weekly Highlights | 2025-W15
Hi Invader, and welcome to the Analytics Weekly Highlights for Week 15 of 2025.
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Supply & Market Capitalisation
In week 15 we observed a sharp decrease of the price and market capitalization due to the overall condition on traditional and crypto markets :
INV FDV USD: 15,688,650 USD (-15.75%)
INV Circulating Supply USD: 15,190,927 (-15.79%)
INV Circulating: 595,489 (-0.05%)
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DOLA Feds
DOLA Feds
This week the Fed chair contracted very slightly the DOLA supply on deprecated FiRM markets :
Total DOLA Supply: 214,252,562 DOLA (-0.02%)
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FiRM
Usage
FiRM user numbers display relatively high changes in week 15.
Borrowers: 81 (-6)
Stakers: 131 (-1)
Active Users: 200 (-7)
Markets
FiRM markets TVL and current borrows are showing a nice rebound bolstered by sUSDe, sUSDs and cvxCRV deposits :
TVL : 76,134,509 USD (+6.54%)
Current Borrows : 53,097,188 DOLA (+8.35%)
This week we spotted many transactions above the 100k mark, with a 4 transactions over the million mark mainly on DOLA-sUSDs and DOLA-sUSDe markets. To see the full list , scroll below this section.
DBR
This week the DBR burning mechanism has been less proactive than usual :
Burned: 384,485 DBR
Total Burned: 42,503,083 DBR (Change: +0.9%)
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sDOLA
At the end of Week 15 sDOLA deposits are decreasing to stabilize right above 18 millions TVL :
Total deposits : 18,092,743 DOLA (-3.42%)
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sINV
In Week 15 sINV deposits see a decrease :
Total deposits : 33,060 INV (+11.79%)
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DBR Virtual Auction
This week the DBR auction is active :
Total DOLA bougth : 2,416,513 DOLA (+23,521 DOLA / +0.98%)
Total DBR sold : 27,290,431 DBR (+268,930 / +1.00%)
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DOLA Liquidity Pools
On the LP front, we observe an increase in DOLA as well as an decrease for Other Assets, impacting the ratio by 0.9 pp :
DOLA in LPs: 25,116,942 DOLA (+9.05%)
Other Assets in LPs: 26,253,165 USD (-3.06%)
DOLA/Other Assets Ratio: 95.67% (Change: +0.94 pp)
The largest changes this week is observed on Ethereum Mainnet :
DOLA-sUSDe curve lp TVL increases by USD 2.4 millions (+16.35%) to USD 17.2 millions at week close
D0LA-sUSDs curve lp TVL increases by USD 0.9 million (+5.46%) to USD 17.9 millions at week close
D0LA-crvUSD curve lp TVL decreases by USD 1.1 million (-33.68%) to USD 2.3 millions at week close
More exhaustive figures available in the table below !
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Governance
This week in governance was relatively active with :
7 proposal created
7 proposal queued
0 proposal executed
Those proposal were all related to Update to Pectra-Compliant FiRM Borrow Controller : see more on the governance page.
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.
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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.