Greetings friends! New week is here!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: -1.8% to $1.05T.
$BTC: -1.2% to $21,235.84, and a market cap of $406.2B.
$ETH: -4.0% to $1,565.30, and a market cap of $188.6B.
Gold: $1,745.90
Oil (WTI): $91.20
Stocks: N/A
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Blox $CDT +129.1%
-XYO Network $XYO +21.3%
-Tribe $TRIBE +18.8%
Down:
-Celsius $CEL -25.6%
-Kujira $KUJI -20.4%
-Kirobo $KIRO -18.2%
Biggest TVL Movers
Chains are pretty mixed on the day. Among top 25 chains only Tron (#2), Polygon (#4), and EOS (#24) are green on the weekly, with EOS the biggest gainer at +8%. Biggest losers on the weekly are Solana (#6) at -23%, Optimism (#9) at -21%, and Thorchain (#23) at -20%.
Protocols are quite a bit redder today. On the weekly, 96 out of the top 100 are red on the weekly. Biggest losers are Synthetix (#27) at -24%, Tornado Cash (#37) at -25%, Nexus Mutual (#47) at -26%, DefiSaver (#71) at -24%, and Quarry (#89) at -25%.
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
(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)
-New Dogechain dex called @FruitsofRyoshi ($0.8M TVL) added by @defillama.
-New protocol called @DfiPower is launching soon. Twitter bio states “We're building PowerDfi, the one-stop shop for leveraging physical assets via the blockchain.”
-New BSC dex/yield farm called @BabeSwap.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alert regarding Discord hack of @CetsOnCreck.
-@PeckShieldAlert released an alert that Acala Dollar $AUSD is depegged at $0.81.
-@PeckShield released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl only) 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)
-Euro back below $1.00:
-Significant ongoing unlocks on $OP token:
-Stonk futures looking quite red this morning:
-Biden admin dumping SPR seems to have been working on lowering prices at the pump, though WTI is once again at over $90/barrel so it is unclear how much longer the downward price pressure at gas stations can continue:
-Macro expert @MetreSteven predicting the Fed will do one more 50 or 75 bps raise and then pause:
-6 of the top 9 revenue producers in crypto are now protocols rather than chains:
-UK inflation heating up:
-Saudi Arabia aggressively buying US stocks, but US treasuries not so much:
-@CryptoKaleo accumulating:
-@AvaxGems released a very thorough Substack article on how to get started on @CantoPublic in terms of bridging, LP’ing, etc as well as background on the chain itself:
-@punk9059 released a thread on the BendDao situation:
Conclusion
See you tomorrow good degens!
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