Halfway through the week friends! Two more days til Powell speaks at Jackson Hole :)
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: +0.3% to $1.7T.
$BTC: -0.3% to $21,349.39, and a market cap of $408.4B.
$ETH: +1.8% to $1,639.69, and a market cap of $197.2B.
Gold: $1,764.10
Oil (WTI): $94.66
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Dejitaru Tsuka $TSUKA +38.6%
-Blox $CDT +35.4%
-Travala.com $AVA +33.5%
Down:
-Wrapped NXM $WNXM -27.1%
-BTC Standard Hashrate Token $BTCST -20.7%
-Bitcicoin $BITCI -16.9%
Biggest TVL Movers
Chains are pretty mixed again today. Only top 25 chains green on the weekly are now Tron (#2), Arbitrum (#8), and EOS (#21).
Protocols are relatively green today. Only real big gainer on the weekly among the top 100 is Stargate (#18) at +56%. Biggest loser on the weekly is Tornado Cash (#42), unsurprisingly, at -30%.
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)
-A new Kava protocol called @KanvasTrade has been added to @defillama. Twitter bio states “DeFi Yield-Aggregator & future NFT Marketplace on Kava.”
-Something called @AndromedaProt working towards launch. Twitter bio states “IBC framework that connects the various protocols and services across the Cosmos into Andromeda Apps.”
-New protocol called @sudo_inu has been added to @defillama. Description reads “Stake Sudo Tokens to earn SNACKS tokens”.
-New dex called @cSwap_DEX on Comdex:
-New Polygon protocol called @MythicProto doing its genesis launch. Twitter bio states “An innovative Game-Fi protocol built on Polygon with its own $Matic-pegged utility token, providing a controlled yield to Land NFT Owners and staking holders.”
-Previously-mentioned @TangibleDAO has launched today on Polygon:
-Something called @kaspakas1. Twitter bio states “POW Gold Standard. $BTC $kas #KASPA.”
-New dex called @EquitoFinance working towards launch. Twitter bio states “The Decentralized Exchange solution, with cross-chain support, built on the Algorand blockchain.”
-@SwellNetwork (liquid non-custodial ETH staking protocol) launching:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding a rugpull on $WCP; and Discord hacks of @Duckish_ and @HameerHideout.
-@certiKAlert also released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($250k+ tvl and no-IL and single exposure 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)
-Bullish Binance news?
-US Composite PMI now at recession levels:
-GMX/Frax info:
-Berachain is getting a lot of attention from some smart mutuals:
-LINK alfa?
-New Arthur just dropped (+ accompanying tweet from @MrBenLilly):
-Internal tensions at Wonderland:
-China continuing to reduce US bond exposure:
Conclusion
See you tomorrow good Chads and Chadettes!
And if you found this helpful please RT/follow/etc! We appreciate it tremendously!