Well the weekend is here degens! As always though, no shortage of interesting stuff going on in crypto/macro :)
Updates/stats/alerts/etc on top and lots of interesting alfa/tweets/videos/etc at bottom!
Market Update
Overall crypto market cap: +0.8% to $1.14T.
$BTC: -0.1% to $23,203.24, and a market cap of $443.5B.
$ETH: +2.2% to $1,720.53, and a market cap of $206.3B.
Gold: $1,792.40
Oil (WTI): $88.53
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Decred $DCR +65.9%
-BoringDAO [OLD] $BOR +63.7%
-Redacted Cartel $BTRFLY +40.4%
Down:
-Green Satoshi Token on ETH $GST-ETH -23.3%
-Hoo $HOO -16.4%
-Nexus $NXS -11.4%
Biggest TVL Movers
For chains, @defillama is showing Tron having overtaken BSC again for the #2 spot by TVL. Optimism now in spot #8, up over 85% on the weekly. Algorand (#19) is up over 16% on the weekly.
For protocols, Convex (#6) is up over 25% on the weekly, Instadapp (#10) is up over 19%, StakeDAO (#78) is up over 25%, Set Protocol (#84) is up over 54%, MM Finance (#86) is up over 26%, and TempleDAO (#99) is up over 83%.
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)
-A new Avalanche yield farm called @PeriodicFarm has been announced by @ApeOClock.
-A new protocol/company called @meta0_official has announced its building toward a launch in the coming months. Twitter bio states “A blockchain infrastructure company that advances interoperability by connecting different chains and metaverses through a Layer 0 protocol.”
-A new Polygon CDP stablecoin protocol called @Sikkamoney has launched (or is launching soon? unclear). Twitter bio states “A sustainable and over-collateralized USD stable coin lending protocol powered by @0xpolygon.”
-Previously-mentioned @muon_net is getting ready to do its presale:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued an alert regarding Discord hacks of @ETHJETS and @ChainMyth.
-@_apedev highlighted a scam to be wary of if you’re an aspiring MEV’er:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl 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)
-US employment data came in surprisingly positive, at least on the surface, though the data is quite nuanced and may point to some significant shifts within the US labor market and how it operates:
-Projections on ETH staking yields post-merge:
-Class action lawsuit against Coinbase:
-ETH/BTC ratio is getting interesting:
-@TracerDAO is getting a lot of attention on Twitter:
-Arbitrum Nitro has been announced August 31st, sparking rumors that ‘Arbitrum Odyssey’ (potential airdrop/etc) may commence after that:
-@cobie and @ledgerstatus released a new episode of UpOnlyTV:
@shivsakhuja released an excellent thread on a scam he fell for last year and how to avoid falling prey to something similar:
-The “RealYield” narrative continues gaining steam:
Conclusion
See you tomorrow frens!
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