Greetings good frogs! Crazy times in crypto and macro these days :)
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: +3.8% to $1.03T.
$BTC: +2.1% to $20,327.43, and a market cap of $388.9B.
$ETH: +6.2% to $1,571.54, and a market cap of $189.0B.
Gold: $1,745.50
Oil (WTI): $94.31
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Bone Shiba Swap $BONE +86.1%
-Plex $PLEX +39.4%
-Doge Killer $LEASH +35.6%
Down:
-Blox $CDT -28.4%
-Poollotto.finance $PLT -13.1%
-Tellor $TRB -11.4%
Spotlight
@landxfinance released a new Medium article and accompanying thread on the ‘RealYield’ phenomenon and how it relates to the focus of their protocol. Again, LandX is a upcoming RWA (productive farmland) protocol who we’re partnering with to spread awareness regarding their Q4 launch.
Biggest TVL Movers
Chains are quite green on the daily. Optimism is back in spot #8 over Cronos (#9 now), and both it and Arbitrum (#7) are now green on the daily, weekly, and monthly. Canto is now in spot #28 and trending upwards.
Protocols are also quite green today. Among those in the top 50, Balancer (#11), Stargate (#18), Rocket Pool (#26), Abracadabra (#28), GMX (#30), Aura (#32), and Osmosis (#50) are all green on the daily, weekly, and monthly.
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 Solana protocol called @NazareFinance. Appears to be a dex using concentrated liquidity and fungle “nLP” tokens.
-A new Dogechain dex called “WTFDOGE” has been added to @defillama. Linked Twitter account is @defi_waterfall.
-A new protocol called @ultron_found has been added to @defillama. Description reads “Ultron Foundation is an EVM-compatible layer-1 blockchain system supported by Solidy Finance, with a fully functioning DeFi ecosystem that includes a native coin and dApps.”
-A new protocol called @TiFiToken has been added to @defillama. Twitter bio states “Welcome to TiFi! We Define Allverse: TiFi Token + Online Shopping + Trading + DeFi. Audited, KYC and Skynet by Certik.”
-New protocol called Bitgert Swap on ‘Bitgert Chain’(?) has been added to @defillama. Linked Twitter account is @evo_finances.
-ETH L2 being built called @obscuronet. Twitter bio states “We're building the first Turing-complete Ethereum L2 with data privacy by default, enabling a new generation of use cases for DeFi, NFTs, Gaming and more.”
-New protocol called @MapProtocol. Twitter bio states “Omnichain layer of Web3 with absolutely secure cross-chain communication built on Light-client and ZK technology.”
-New protocol called @blackmagicmoney launching soon. Here is best description we found, from @jcryp26:
-New protocol called @SSAP_Finance has been added to @defillama:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding a rugpull on $GXY, a flash-crash on $QWCF, and a Discord hack of @ProjectFloaties.
-@PeckShieldAlert released a flash-crash alert on $HCT ‘Hero Cat Token’.
-@PeckShieldAlert released the following alert as well:
-Good scam email heads up from @4lteredBeast:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($250k+ tvl and no-IL and single-exposure only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Updated Merge date estimate:
-Grayscale BTC Trust still trading at an extreme discount:
-Canto continues to surge in TVL (from @Dynamo_Patrick’s excellent weekly thread on defi statistics):
-Work-from-home in the US has gone from 5% of the labor market to 30%:
-$crvUSD within next month?
-Important update on @synthetix_io from @crypto_condom:
-Two interesting charts from an excellent thread on US housing situation from @EPBResearch:
-Interesting new AI crypto research tool called @oz_dao:
-Interesting data visualization on NFT marketplace volumes over time, from @tokenterminal:
-Airdrop info for $QCK on Cosmos:
-Airdrop info for @stride_zone on Cosmos:
Conclusion
See you tomorrow frens!
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