A new week is here fellow degens! Looks like its going to an eventful one too!
Updates/stats/alerts/etc on top and lots of interesting alfa/tweets/videos/etc at bottom!
Market Update
Overall crypto market cap: +4.3% to $1.18T.
$BTC: +4.5% to $24,118.00, and a market cap of $461.0B.
$ETH: +5.1% to $1,783.11, and a market cap of $213.9B.
Gold: $1,795.90
Oil (WTI): $88.10
Stocks: N/A
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Pocket Network $POKT +63.2%
-Magic $MAGIC +26.9%
-The Graph $GRT +22.5%
Down:
-Insure Defi $SURE -16.0%
-Hoo $HOO -15.1%
-Green Satoshi Token On ETH $GST-ETH -11.6%
Biggest TVL Movers
Chains are mostly green today. BSC is back in spot #2 over Tron. Among top 20 protocols Algorand (#19) is the biggest gainer on the weekly at +19%.
Protocols are also quite green. Biggest gainers on the weekly among top 50 are Synthetix (#19) at +17%, Rocket Pool (#15) at +15%, Benqi (#31) at +16%, and PinkSale (#48) at +13%.
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)
-Previously-mentioned newish protocol @Avault_Astar has been added by @debankdefi. Twitter bio states “First native yield aggregator with aLP/aToken on Astar, Rebuild Trust via ISO launchpad on @AstarNetwork for @Polkadot.”
-A new over-collateralized stablecoin protocol on IBC is coming out called @Composite_Money:
-Previously-mentioned stablecoin protocol @InterestDeFi is having their “Protocol sale and token distribution” starting August 15th:
-What appears to be a new(?) “Multi-collateral/Cross-Margin Perpetual Futures on Avalanche” has launched called @HubbleExchange:
-It appears (if understanding right) the folks behind @DystopiaSwap have launched another ve(3,3) protocol on BSC called @Coneswap:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@PeckShieldAlert issued an alert on an exploit regarding token $EGD, a rugpull alert on ‘Dragoma’ $DMA, and an alert on a 98% flash-crash on $AI.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl only and no-IL + single-exposure) 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)
-The US has passed an “Inflation Reduction” Act that involves spending almost 3/4 of a trillion dollars (gross tax receipts last year were $4T):
-Vitalik is talking about more interesting ideas:
-Various parties are stating they will not support an ETH POW fork:
-Hodlnaut has halted withdrawals:
-@thedefivillaim paraphrased @cobie’s recent sentiments:
-@ribbonfinance seems to be adding an interesting innovation:
-Canada currently has the most inverted yield curve within the G-7:
-Gigabrain @_bout3fiddy_ is tweeting about above-mentioned @InterestDeFi:
@phtevenstrong ‘The Calculator Guy’ just released a new video on delta-neutral yield opportunities on Polygon:
Conclusion
Get after it frogs!
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