Happy Wednesday friends! Last day of August!
Stats/alerts/etc at top and news/events/links at bottom as always!
PS Keep your eyes peeled for an interview being published later today with top-ranked Debank whale @bizyugo!
Market Update
Overall crypto market cap: -0.3% to $1.03T.
$BTC: -0.2% to $20,284.81, and a market cap of $388.2B.
$ETH: +1.5% to $1,592.92, and a market cap of $191.3B.
Gold: $1,724.30
Oil (WTI): $89.03
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Lazio Fan Token $LAZIO +30.7%
-Bitcicoin $BITCI +24.4%
-Rook $ROOK +18.2%
Down:
-Tellor $TRB -28.0%
-Bytecoin $BCN -18.5%
-Veritaseum $VERI -16.6%
Spotlight
We are partnering with our buddies at CRE8R DAO to raise awareness about @tangibleDAO, a new tokenized RWA (real estate/rare wine/gold/etc) protocol on Polygon. Here is an excellent video on them from @Ceazor7:
Biggest TVL Movers
Chains are pretty mixed today. Klaytn is up to spot #13, up 5% on the daily. Avalanche (#4), Polygon (#5), and EOS (#24) are all down over 10% on the weekly.
Protocols are also pretty mixed. Among the top 100, the following protocols are all up over 10% on the weekly: Frax (#13), Vector Finance (#72), and BendDAO (#90. These are all down over 10% on the weekly: Yearn Finance (#22), MM Finance (#26), Benqi (#32), Tornado Cash (#54), Trader Joe (#62), and DefiSaver (#77).
Here’s The Top 12 Fastest-Growing Chains By Weekly TVL (from @defillama):
Here’s The Top 12 Fastest-Growing Protocols By Weekly TVL (from @defillama - minimum $1M TVL):
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)
-@debankdefi has added Canto chain functionality.
-Something called @SpecularL2. Twitter bio states “An optimistic rollup that is EVM-native. Stay tuned!”
-New protocol called @cai_index working towards launch. Twitter bio states “The first major Avalanche ecosystem index”.
-A new BSC yield farming platform called @UnknownFinance has been added to @debankdefi.
-Another new BSC yield farming platform called @Aequinox_Dex has also been added to @debankdefi.
-A new protocol called @phissionfinance has been added to @defillama. Twitter bio states “Providing a market for transacting PoW-ETH and PoS-ETH heading into the Ethereum Merge.”
-A new protocol called @insrtfinance is working towards launch. Twitter bio states “Making NFT Alpha Accessible. The gold standard for making jpegs yield-bearing effortlessly.”
-New protocol called @ShadowFi_ is having its presale today. Twitter bio states “Privacy token focused on anonymous payments, NFTs, and passive income.”
-New protocol called @blazeswapdex is launching. Twitter bio states “The first open-source decentralized exchange on @FlareNetworks”.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding flash-crashes/potential exploit on $CUPID and $VENUS.
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)
-Crypto markets continuing the battle to stay above summer lows:
-Regular update on protocol fee generation (h/t @defipleb in this instance):
-Some interesting stats on NFT’s from a great thread by @0xKofi:
-Lot of horror stories about European energy price increases are starting to be shared on Twitter:
-Gigabrainery from @noahseidman:
-Arbitrum and Metis appear to be the hot L2’s at the moment:
-Raoul apparently still suggesting Fed capitulation is near despite Powell’s hawkish sentiment at Jackson Hole:
-It appears nuclear energy may finally have its day in the sun:
-@MakerDAO got a lot of attention today, with the following (very entertaingly-written) thread from @g_dip, and another from @WestieCapital that seemed to paint a different (or perhaps updated) picture:
-@helium may apparently be moving to Solana:
-@SmallCapScience and @dcfgod from @MarketCapping podcast interviewed @ethersole from @PlutusDAO_io yesterday (skip to 2:36 for start):
Conclusion
A warm send-off of August to you my good frogs!
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