Well that was a heck of a Monday friends! Let’s see what news Tuesday brings us :)
Updates/stats/alerts/etc on top and lots of interesting alfa/tweets/videos/etc at bottom!
Market Update
Overall crypto market cap: -2.9% to $1.15T.
$BTC: -2.8% to $23,392.92, and a market cap of $447.2B.
$ETH: -3.7% to $1,706.31, and a market cap of $205.9B.
Gold: $1,807.90
Oil (WTI): $90.15
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-FlexCoin $FLEX +97.5%
-apM Coin $APM +66.9%
-BoringDAO [OLD] +56.9%
Down:
-CateCoin $CATE -32.8%
-Tornado Cash $TORN -28.5%
-Manifold Finance $FOLD -23.4%
Biggest TVL Movers
Chains are mostly green today. Tron and BSC continue to battle it out over the #2 spot, with Tron jumping back into the lead today. Optimism is still in spot #8, needing about a 15% bump in TVL to overtake Cronos for spot #7.
Protocols are mixed today. Aave (#2) and Lido (#3) are both up over 10% on the weekly. 78 of the top 100 protocols are green on the weekly. Acala Dollar (#99) has entered the top 100, with 23% growth on the weekly.
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 protocol on Avalanche is launching this week called Traverse, from @Avasharks(?). Twitter announcement states “The first P2P protocol on Avalanche that enables users to lend and borrow $AVAX using NFTs as collateral.”
-A new AMM on Avalanche is apparently launching this week called @Comb_Swap.
-A new leveraged trading protocol called @muxprotocol is launching:
-Stumbled upon an upcoming L1 that’s supposed to go live sometime soon called @QuaiNetwork. Appears to be a POW EVM chain. Here’s a thread they did from a few weeks ago:
-An upcoming tokenized real estate protocol coming on ETH Mainnet:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@PeckShieldAlert issued an alert regarding the Tornado Cash news today (more on this below in news/events section):
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)
-As noted above, the primary news of the day was the Tornado Cash business and subsequent USDC/Circle + GitHub fallout. Here’s some reactions to it (the @RezaJafery one is a thread):
-US inflation expectations among consumers have apparently dropped:
-@RaoulGMI released a thread predicting official inflation numbers in the US will start declining:
-@crypto_condom brought up the value of @railgun_project given the days news:
-Alt L1 Kadena surged 73.4% in TVL this week:
@nickdrakon interviewed Samy Karim, Head of Biz Dev at @BNBCHAIN, on the @DefiSparks podcast:
-Interesting stats from @WClementeIII:
Conclusion
See you tomorrow fellow frogs!
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