Well friends August is certainly off to an interesting start!
Updates/stats/alerts/etc on top as always and lots of interesting alfa/tweets/articles at bottom!
Market Update
Overall crypto market cap: +2.6% to $1.13T.
$BTC: +3.2% to $23,456.53 and a market cap of $448.3B.
$ETH: +5.5% to $1,673.90, and a market cap of $200.2B.
Gold: $1,779.40
Oil (WTI): $93.50
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Manifold Finance $FOLD +56.7%
-Alpaca Finance $ALPACA +33.0%
-Ribbon Finance $RBN +32.5%
Down:
-Rari Governance Token $RGT -27.5%
-BTC Standard Hashrate Token $BTCST -16.0%
-Medibloc $MED -14.7 %
Biggest TVL Movers
Chains are mostly green today, except for Solana which has seen an 8% dip on the daily (more on that below).
Protocols are very green on the daily. Arakkis and Uniswap and Frax seem to be having small dips in TVL the last few days, but other than that the top protocols are all green. In addition, Aura (#40) is up 19% on the weekly, GMX (#36) is up 18% on the weekly, Tornado Cash (#29) is up 18% on the weekly, Synthetix (#19) is up 28% on the weekly, and all the ETH-staking protocols are up considerably as well.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @defillama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @defillama - $1M+ TVL only):
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)
-A newish dex on Kava called @LanternSwap has been added to @defillama.
-A newish protocol on Polygon called @MetavaultTRADE has been added to @debankdefi. Twitter bio states “Next generation perp DEX with zero slippage swaps and up to 30x leverage.”
-A new Avalanche-based yield aggregator called @Vacus_finance has launched and been added to @defillama and @coingecko:
-Some type of new staking protocol called @pStakeFinance is launching in a few days on BSC. Twitter bio states “Unlocking Liquidity for Staked Assets - Bringing PoS assets to DeFi | $ATOM $XPRT $ETH $BND and more”.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding Discord hacks of @dTweenies and @RelizedRhapsody and @Wobbiebug.
-@PeckShieldAlert issued a “soft rugpull” alert on @TiFitoken.
-Some type of wide-scale hack happened on Solana today (with rumors of a very small number of wallets on Ethereum affected), though it is still unclear exactly what happened:
-There was also an alert circulating widely on Twitter regarding a malware attack on @github:
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)
-Michael Saylor is stepping down as CEO of MicroStrategy:
-It appears the much-discussed US stablecoin bill may not come to fruition:
-US vehicle debt is at $1.5T:
-US Labor Market data not looking hot:
-@0xSifu is accumulating $GMX:
-Good reminder tweet re: security from @Escapation:
-@LynAldenContact and @cryptonomista appeared on the Unchained Podcast with @laurashin yesterday:
Conclusion
See you tomorrow 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: