Greetings fellow degens! Prices down a bit today and all sorts of insanity going on!
Updates/stats/alerts/etc on top as always and lots of interesting alfa/tweets/articles at bottom!
Market Update
Overall crypto market cap: -2.4% to $1.1T.
$BTC: -1.4% to $22,867.76 and a market cap of $437.0B.
$ETH: -4.8% to $1,582.48, and a market cap of $190.0B.
Gold: $1,792.20
Oil (WTI): $93.48
Stocks:
More crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Rari Governance Token $RGT +100.9%
-Uquid Coin $UQC +24.0%
-WINKLink $WIN +20.8%
Down:
-Hive $HIVE -29.4%
-Pundi X $PUNDIX -26.8%
-Travala.com $AVA -25.8%
Biggest TVL Movers
Chains are mostly red on the daily but still green on the weekly. Aurora has now slipped out of top 20, down by 19% on the weekly and in spot #22. Interestingly, ETH and its L2’s now make up 4 of the top 10 chains by TVL.
For protocols, we also have lots of red on the daily and green on the weekly. As an observation, at least 8 of the top 12 protocols by TVL can be considered “Defi 1.0” protocols.
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)
-Something called @HookProtocol is working towards launching. Twitter bio states “NFT-native call options, coming to Mainnet soon.”
-New NFT marketplace on StarkNet launching:
-New protocol called @RanchFinance has launched:
-Something called @SeaCowsNFT appears to be working towards launch:
-What appeasr to be a new zkSync dex is working towards launching:
-An amm called @Muffin_fi is working towards launching. Info on them courtesy of excellent thread from @burstingbagel:
-A protocol called @ArchimedesFi is launching. Twitter bio states “We're launching soon with tradable leveraged positions. DeFi, on Ethereum.” Info also courtesy of thread from @burstingbagel:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding Discord hacks of @CyberCrewNFT and @VibeKingdom_ and @UghaBughaNFT.
@PeckShieldAlert issued a flash-crash alert on $C3.
-The Nomad bridge was exploited for nine figures today:
-@Reaper_Farm suffered an exploit today as well:
-@debankdefi released the following special alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl and no-Il and single exposure only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-$USDC market cap grew 50x in the last two years:
-Coinbase is launching ETH staking to institutional clients:
-There is an Aave governance proposal to shut down their presence on Fantom:
-High energy prices continue in Europe:
-@0xroboros has found a wallet that appears likely to belong to Arthur Hayes @cryptohayes, with large positions in $ENS, $LOOKS, $SUSHI, $WILD, and $LDO. Fascinating thread to see the on-chain bread trail pieced together:
-Airdrop alpha from @OlimpioCrypto:
-China real estate continuing to have problems:
-ENS generated $6.8M in protocol revenue in July:
Conclusion
Keep safe 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 thread on it from the @rektdiomedes account: