Happy Wednesday degens! Very interesting day in both crypto and macro…
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
NOTE: The Twitter/Substack tweet-embedding function still appears to be broken, so we have screenshotted and hyperlinked them again :)
Market Updates
Crypto (from coingecko(dot)com and cryptobubbles(dot)net):
Gold: $1,997.50
Oil (WTI): $77.71
Stocks (from @news4moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
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Biggest TVL Movers
Chains are mostly green today. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Cronos (#10) and Injective (#49).
Protocols are mostly green today. Some notables include Convex (#7) at -22.32% on the daily (if accurate), Aura (#19) at -20.91% on the weekly, Olympus DAO (#36) at +10.83% on the weekly, Biswap (#53) at -29.45% on the weekly, Trader Joe (#80) at -31.69% on the weekly, and Folks Finance (#97) at +45.90% on the weekly.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
Fees:
(from cryptofees(dot)info)
New Protocols
(note: this includes new protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new on Eth Mainnet called @OmniFDN. Twitter bio states “Interoperability for Ethereum, secured by Ethereum. Backed by $18M from Pantera, Two Sigma and more”. h/t @ttarsi_:
-Something new on Arbitrum called @0xPizon. Twitter bio states “A revolutionary Dex & Launchpad on Arbitrum. Official Contract: 0xfb17d52F77Db6E32B5A082Ed4307FCFb0a86BEEE”.
-New lending protocol on Ton chain called @evaaprotocol. Twitter bio states “EVAA - the first lending protocol on @TON_blockchain”.
-Something new on zkSync called @SnarkLaunch has been added to @DefiLlama. Twitter bio states “Built to launch the most anticipated projects on the @zkSync Ecosystem 🚀 ▶︎ Contract Address (zksync era network): 0x533b5F887383196C6bc642f83338a69596465307”.
-New project called @asymetrix_eth has been added to @DefiLlama. Twitter bio states “Asymetrix is the decentralized, non-custodial protocol for asymmetric yields distribution generated from staking. $ASX #LSDs”.
-Previously-mentioned @rabbitx_io has been added to @DefiLlama. Twitter bio states “Perpetuals market on StarkNet. Where the world comes to trade.|Mainnet Live 💫|OC memes and threads: @BackTheBunny”.
-Previously-mentioned @array_capital has been added to @DefiLlama. Twitter bio states “Multichain #RealYield Launchpad Integrated DEX & Venture Fund.”
-New project called @bucket_protocol. Twitter bio states “0% interest loan and stablecoin protocol built on @SuiNetwork”. h/t @AresLabs_xyz:
Security Alerts
-@TheMerlinDEX apparently rugged today:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-US banking crisis back in the news as First Republic looks to be latest victim:
-Bullish reactions from Arthur and Raoul:
-Binance pulls out of agreement to buy distressed Voyager assets:
-Andre Cronje tweeted about the crypto-friendly bank he’s apparently working on:
-US debt ceiling issue looming larger each day:
-Interesting chart from @chasedevens on GMX traders’ lack of success shorting so far this year:
-Update on bond market expectations re: Fed interest rates, etc, from @BobEUnlimited:
-Excellent new thread/Substack article from @CurveCap on @CurveFinance’s new advancements re: the tricrypto pool and more:
-Great retrospective thread from @h3idilao on the craziness that was the Euler Finance hack:
-Excellent thread on future of $ETH staking from @DefiIgnas:
-Newest live daily show from @blockbytescom featuring @Crypto_Klay, @MasonCorval, and @0xBebis_ discussing all the latest stories in crypto:
-Good macro video from @Blockworks_ with Weston Nakamura on the situation facing the Bank of Japan:
-Parting sentiments from @0xHamz:
Conclusion
Have a great Wednesday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
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Note
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