Analytics Weekly Highlights | 2025-W44

Naoufel

11/3/20253 min read

Hi Invader, and welcome to the Analytics Weekly Highlights for Week 44 of 2025.

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Supply & Market Capitalisation

In week 43 we observe a steep increase of the price and market capitalization balancing the previous weekly decline  : 

  • INV FDV USD: 25,692,199 (+12.02%)

  • INV Circulating Supply USD: 25,056,765 (+12.02%)

  • INV Circulating: 702,047 (steady)

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DOLA Feds

DOLA Feds

This week there were small changes in the total DOLA supply with a small expansion on the DOLA PSM  Fed, a larger one on FiRM Fed and a contraction on Frontier Fed:

  • Total DOLA Supply: 196,694,865 DOLA (+1.30%)

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FiRM

Usage

FiRM user numbers are relatively stable this week :

  • Borrowers: 75 (-1)

  • Stakers: 106 (steady)

  • Active Users: 192 (-1)

Markets

FiRM markets TVL is decreasing due to large withdrawals on DOLA/USR and DOLA-sUSDS markets while current borrows are increasing this week due to large borrows on DOLAwstUSR , and DOLA-sUSDe markets.

  • TVL : 129,478,566 USD (-2.31%)

  • Current Borrows : 121,026,277 (+3.72%)

This week we spotted 9 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 very active week with more than 4M DBR burned :

  • Burned: 4,263,757 DBR

  • Total Burned: 93,421,794 DBR (Change: +4.56%)

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sDOLA

At the end of Week 44 sDOLA deposits are increasing back slightly above 26M :

  • Total deposits : 26,405,563 DOLA (+1.81%)

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DBR Virtual Auction

This week the DBR auction was active :

  • Total DOLA bougth : 5,686,736 DOLA (+103,085 DOLA / +1.85%)

  • Total DBR sold : 67,743,749 DBR (+1,661,347 DBR / +2.51%)

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DOLA Liquidity Pools

On the LP front, we observe a decrease in both DOLA and other assets :

  • DOLA in LPs: 71,003,616 DOLA (-2.57%)

  • Other Assets in LPs: 46,459,167 USD (-4.57%)

  • DOLA/Other Assets Ratio: 152.83% (Change: +5.58pp)


The largest change were  on :

  • DOLA-USR on Curve with a decrease by USD 8.4 millions to USD 14.4 millions (-36.86%)

  • DOLA-sUSDe on Curve with an increase by USD 8.9 millions to USD 74 millions (+13.83%)

  • DOLA-sUSDs on Curve with a decrease by USD 4.4 millions to USD 22.4 millions (-16.67%)

More exhaustive figures available in the table below !

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Governance

This week in governance was active with 2 proposals created, 1 queued and none executed. Those were 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.

Sources