Well… a new month is here frens! Will be interesting to see how things play out :)
Updates/stats/alerts/etc on top as always and lots of interesting alfa/tweets/articles at bottom!
Market Update
Overall crypto market cap: -2.8% to $1.12T.
$BTC: -3.0% to $23,109.52, and a market cap of $441.5B.
$ETH: -3.6% to $1,654.67, and a market cap of $198.4B.
Gold: $1,789.20
Oil (WTI): $95.42
Stocks: N/A
More crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Hive $HIVE +59.0%
-MVL $MVL +53.0%
-Flamingo Finance $FLM +27.3%
Down:
-Freeway $FWT -22.8%
-BTC Standard Hashrate Token $BTCST -20.1%
-Cube Network $CUBE -16.2%
Biggest TVL Movers
For chains, mostly red on the daily. Solana is down 14%. Eth, Arbitrum, Optimism, and Parallel all slightly up.
Protocols are also mostly red. Biggest gainers on the weekly among top 100 protocols are Instadapp (services) (#10) at +24%, Parallel (lending) (#17) at +17%, Rocket Pool (liquid staking) (#28) at +17%, Akala LCDOT (liquid staking) (#58) at +18%, and Velodrome (amm) (#73) at +54%.
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/Greed Index:
(from @EthereumFear)
New Protocols/Yield Farms
(note: this is checked via a variety of sources (listed below when used) and general Twitter research - note: this excludes Tomb forks and reflection tokens and tries to only include at least semi-legitimate defi-oriented stuff, but DYOR)
-Newish protocol @BetswapGG has been added by @debankdefi. Twitter bio states “The First Decentralised Betting Exchange.”
-Couldn’t pin down too much info about this one but is interesting concept so wanted to include it:
-Some building on StarkNet, unclear if just one or both of these protocols are new ones:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding Discord hacks of @GasGuzzlers_NFT and @MiningVerseNFT.
-@wallet_guard issued an alert re: a Twitter scam from account @security_eth.
-@certiKAlert released the following special alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama (today filtered by single-exposure only but no TVL limitation) 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)
-Tensions between Serbia and Kosovo generating lots of discussion on Twitter:
-Various Uniswap iterations (ie Uniswap on differnet chains) combined to make up 52% of dex volume over the last 24 hours:
-One address has purchased 888 ENS domains since 2019 and to-date has only sold 2 of them:
-Some interesting charts from @RaoulGMI:
-Last week set a new low for overall NFT volume:
-@DegenSpartan shared his thoughts on market capitulation:
-Interesting ETH futures backwardation:
-@BanklessHQ just released a new episode featuring @hasufl:
Conclusion
Here’s to a great August fellow degens!
And please follow/subscribe/retweet/etc if you found this helpful - we appreciate it tremendously! :)
Spotlight:
We’re partnering with our friends at @Cre8rDao to provide some good info on Radiant Capital. Here’s a video The Calculator Guy @phtevenstrong did on them several days ago: