Happy Tuesday friends! Big CPI (inflation) print today! Market gonna bounce or nuke?!?
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,786.80
Oil (WTI): $74.36
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Our gigabrain friends at @pendle_fi just introduced their new $APE compounder!
If you aren’t familar with Pendle, they are an extremely interesting protocol in the yield/derivative space (that we believe is a huge impending ‘defi narrative’), and you can learn more about them by diving into their ‘Learn’ page here!
Biggest TVL Movers
Chains are mixed today. Some notables include Arbitrum (#4) at +8.64% on the weekly, Kava (#13) at -15.72% on the weekly, MultiversX (#18) at -14.77% on the weekly, and EOS (#23) at +11.48% on the weekly.
Protocols are more green today. 16 of the top 50 protocols are green on all three timelines (daily, weekly, monthly). Biggest gainers among top 100 on the weekly are DxSale (#68) at +23.68%, and Ribbon Finance (#74) at +25.10%.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Bridges By 24 Hour Volume (from @DefiLlama):
Other Data Points
Bitcoin Fear And Greed Index
(from @BitcoinFear):
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(note: this is a cool new data measurement we are going to start including, make sure to follow them at @CVIdaily, and their main account at @official_CVI!)
New Protocols
(note: this includes new protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-A new/newish Kava AMM called @GamutExchange has been added to @DefiLlama. Twitter bio states “Decentralized exchange designed for volatile assets”.
-Something called @meetvers. Twitter bio states “Find friends on @LensProtocol with similar Web3 footprint”.
-Something called @LiquidiumFi. Twitter bio states “Liquidium - unlock the full power of your NFT! Borrow against your NFTs on #Stacks. Secured by #Bitcoin. Ӿ 🤝 ₿…” h/t @rehabresort:
-New protocol on Mainnet + Polygon called @RoeFinance has been added to @DefiLlama. Twitter bio states “Official Twitter Account for Roe Finance. LP Tokens Liquidity Hub | Yield maximisation for LP tokens | Live on $ETH Mainnet and Polygon $MATIC.”
-New protocol called @LucidlyFinance. Twitter bio states “…efficient on-chain lending”. h/t @TheMetas_:
-New BSC protocol called @peakyfinance. Twitter bio states “Decentralized Perpetual Exchange”. Also h/t @TheMetas_:
-Previously-mentioned @ede_finance has been added to @DefiLlama. Again, Twitter bio states “EDE is a decentralized perpetual exchange offering up to 50x leverage on #bnbchain. Our Goal? Create an on chain social traders hub.”
-New/newish protocol called @Athos_Finance has been added to @DefiLlama. Twitter bio states “The First Decentralized Delta-One Asset Protocol on @MoonbeamNetwork.”
-Previously-mentioned @X7_Finance has been added to @DefiLlama. Again, Twitter bio states “World-class DEX providing Initial LP loans so anyone can access capital. #LongLiveDeFi 1st goal: 1% of all Eth trading vol.”
Security Alerts
-@PeckShieldAlert released the following alert:
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-SBF was arrested in the Bahamas today:
-CPI print comes in today:
-Binance update from CZ:
-Sampling of Binance takes from Twitter:
-Do Kwon update:
-Interesting tradfi data from @charliebilello:
-Fascinating thread on @Balancer from @t__norm:
-Extremely well-done thread on $TON from @0xsurferboy:
-Put/Call ratio a tad bit unbalanced ahead of today’s CPI print:
-A fascinating thread on $GMX from @thiccythot_, and another important one from @ehwwpk:
-Great read for hardcore macro nerds:
-Excellent article + video from @CurveCap for anyone interested in on-chain $EUR exposure:
-Great video from @GeorgeGammon interviewing Joseph Wang @FedGuy12 on the coming Fed rate hike decision this week and what interest rates might look like over the next few months:
Conclusion
Stay alert out there friends!
And please RT/follow/etc if you found this helpful! :)
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Spotlight
Our official sponsor for the month of December is @NestedFi- a new Social Trading protocol- which lets users create portfolios (and copy-trade other portfolios) on all the main EVM chains.
@NestedFi will be doing an airdrop for early users, so consider trying it out and creating a portfolio yourself and copying some other portfolios you like!
You can also use it for easy dca’ing as well as non-kyc fiat onboarding via their integration with Mt Pelerin!
Here’s an example portfolio from @milesdeutscher: