The Daily Degen - August 20th, 2022

Aug 20, 2022

Happy Saturday good frogs! Are you slurping the dipperino or waiting for lower lows? Either way lots of interesting stuff going on :)

Stats/alerts/etc at top and news/events/links at bottom as always!

Market Update

Overall crypto market cap: -1.9% to $1.07T.

$BTC: -0.4% to $21,280.65, and a market cap of $407.0B.

$ETH: -3.9% to $1,637.64, and a market cap of $196.9B.

Gold: $1,760.30

Oil (WTI): $89.95

Stocks:

Woodstock | SNS型投資アプリ開発中 @woodstockclub

🇺🇸Market Recap(変動率)🇺🇸 🈯ETF $VOO (S&P 500): -1.38% 📉 $DIA (Dow Jones): -1.039% 📉 $QQQ (Nasdaq 100): -1.95% 📉 💲GAFAM終値 $GOOGL: -2.463% 📉 $AMZN: -2.915% 📉 $META: -3.836% 📉 $AAPL: -1.51% 📉 $MSFT: -1.385% 📉 🔐暗号資産 $BTC: -8.327% 📉 $ETH: -8.595% 📉

More Crypto:

СryptoBubblesDaily @cryptobubbles24

The global #crypto market cap today is $1.07T, a -5.64% change in the last 24h. Total trading volume in the last 24h is at $104.5B. #BTC dominance is at 38.05% and #ETH - 18.51%. 20.08.2022 6:56:43 (UTC) #DeFi #NFT #BSC #Tether #AVAX #XRP #TRX #Solana

Biggest Price Movers

(From @coingecko top 500)

Up:

-Wing Finance $WING +38.2%

-Tribe $TRIBE +16.5%

-Manifold Finance $FOLD +14.5%

Down:

-BoringDAO [OLD] $BOR -23.8%

-Santos FC Fan Token $SANTOS -23.6%

-XMON $XMON -17.4%

Biggest TVL Movers

Chains are super red today. Arbitrum (#8 by TVL) is only top 25 chain green on the daily. Canto appears to have just been added, and is showing a daily gain of 1,223%, a ranking of #41, and TVL of $39.4M.

Protocols are relatively mixed. Big movers on daily are Stargate (#20) at +27%, Euler (#47) at -8%, and Bancor (#66) at -38%.

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)

Bitcoin Fear and Greed Index @BitcoinFear

Bitcoin Fear and Greed Index is 29 — Fear Current price: $20,875

Ethereum Fear/Greed Index:

(from @EthereumFear)

Ethereum Fear and Greed Index @EthereumFear

Ethereum Fear and Greed Index is 35 ~ Fear Current price: $1,613 opensea.io/assets/0x7fa81… etherscan.io/token/0x7fa813…

New Protocols

(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)

-A newish protocol called @MorphoLabs has been added to @defillama. Am not sure if this is totally new or not (appears to be pretty new) but it is followed by a bunch of gigabrain mutuals so wanted to include it. Description reads “Morpho is an on-chain peer-to-peer layer on top of lending pools. Rates are seamlessly improved for borrowers and lenders while preserving the same guarantees.”

-New BSC protocol called @Wolfeye_io. Twitter bio states “Decentralized Trading Platform with Integrated On-Chain Analytic Tools.”

-Dogechain dex’s including @DogMoneySwap (70k TVL), @kibbleswap (700k TVL) added to @defillama.

-New dex on fetch-ai network called @starfleit.

-New protocol called @RetroDexIO launching this quarter on @AcalaNetwork. Twitter bio states “Acala based decentralized exchange. Going live in Q3. Swap, yield, stake, lend, borrow.”

-New Solana protocol:

Solstore @Solstoreapp

What is SolStore? SolStore is an Open Protocol that allows any merchant to sell physical or digital goods with web3 features like a pay with any Token, Loyalty Tokens, Coupons, Gift Cards, and much more.

-Something called @AlveyChain:

Sphynx Labs @SphynxLabs

The world's first V.R. Exchange, @AlveyChain, is trading on the Sphynx Wallet App. Those wishing to trade it can follow the tutorial video below.

-New protocol called @WowmaxExchange. Twitter bio states “WOWmax is the next generation DEX aggregation protocol that uses slippage as an additional source of optimization.”

Wowmax.Exchange @WowmaxExchange

We just launched Alpha 🔥 Try #WOWMAX protocol and see our advantage on USDC-ETH pair over all DEXes and aggregators, including #1inch 🙈 and save yourselves some tokens. The advantage will increase as we connect Uniswap V3 and other DEXes to WOWMAX.

Rug Pulls/Exploits/De-Peggings/Liquidation Alerts

-@certiKAlert issued alerts regarding flash-crashes on $NCTR and $UNDAO and $ARUN, and a Discord hack of @HameerHideout, and some type of internal exploit and/or protocol discontinuation of @pragma_money.

-$HUSD has repegged:

Dheeraj Sharma @DheerajS1984

Following a $0.83 depeg yesterday, @HuobiGlobal exchange stablecoin $HUSD has been repegged to the US dollar. #Crypto #CryptoNews #Bitcoin #Ethereum

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl and no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)