Analytics Weekly Highlights | 2025-W41


Hi Invader, and welcome to the Analytics Weekly Highlights for Week 41 of 2025.
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Supply & Market Capitalisation
In week 41 we observe a sharp decrease of the price and market capitalization in line with the global market correction :
INV FDV USD: 27,012,806 (-1.86%)
INV Circulating Supply USD: 26,375,868 (-1.86%)
INV Circulating: 702,047 (steady)
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DOLA Feds
DOLA Feds
This week there were an increase in the total DOLA supply mainly due to FiRM Fed expansion on new markets :
Total DOLA Supply: 194,184,865 DOLA (+9.48%)
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FiRM
Usage
FiRM user numbers are stabilizing in week 41.
Borrowers: 88 (steady)
Stakers: 108 (-1)
Active Users: 193 (-2)
Markets
FiRM markets TVL are decreasing due to the systemic liquidations cascade in the ecosystem while current borrows are increasing this week due to large borrows on DOLAwstUSR , and DOLA-sUSDe.
TVL : 143,170,389 USD (-4.14%)
Current Borrows : 111,101,632 (+3.23%)
This week we spotted 16 transactions over the million mark, and many more above the 100k mark.
👉🏾 To see the full list , scroll below this section.
DBR
This week the DBR burning mechanism was active:
Burned: 1,784,626 DBR
Total Burned: 79,628,099 DBR (Change: +2.24%)
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sDOLA
At the end of Week 40 sDOLA deposits are cooling off below 30M :
Total deposits : 27,945,261 DOLA (-4.571%)
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DBR Virtual Auction
This week the DBR auction was active :
Total DOLA bougth : 5,372,484 DOLA (+120,736 DOLA / +2.30%)
Total DBR sold : 62,771,324 DBR (+1,716,164 DBR / +2.81%)
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DOLA Liquidity Pools
On the LP front, we observe a decrease in both DOLA and other assets over week 41 :
DOLA in LPs: 71,460,962 DOLA (-3.13%)
Other Assets in LPs: 57,352,857 USD (-1.64%)
DOLA/Other Assets Ratio: 124.60% (Change: -8.52pp)
The largest change were on :
DOLA-USR on Curve with a decrease by USD 8.2 millions to USD 30.5 millions (-21.19%)
DOLA-sUSDe on Curve with an increase by USD 3.5 millions to USD 59.3 millions (+6.40%)
DOLA-sUSDs on Curve with an increase by USD 1.8 millions to USD 31.5 millions (+6.12%)
More exhaustive figures available in the table below !
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Governance
This week in governance was active with 1 proposals created, 2 queued and 3 executed. This was related to :
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.