Happy Wednesday friends! Bit of a dip on prices today!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,833.50
Oil (WTI): $75.05
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
We are helping raise awareness about a very interesting new project called @zkxprotocol!
ZKX is the first decentralized self-custody perpetual futures exchange on Starknet… As part of their upcoming launch, they just dropped their new gamified Community Incentives Program called ZKX Yakuza. It has 8 characters, 3 seasons, and a storyline linked to specific initiatives.
For Season 1, they're on the hunt for a pack of brave Contributors and Ambassadors who can join their DAO and help steer the protocol's future. To immerse yourself in the world of Yakuza, and earn some sweet rewards like Yakuza NFTs (and future ZKX tokens?!?) check out their recent blog post here!
Biggest TVL Movers
Chains are almost all red on the daily. Top 50 chains red on all three timelines (daily, weekly, monthly) include Near (#27), Aptos (#35), Hedera (#42), Terra2 (#43), and OKExChain (#44).
Protocols are almost all red on the daily as well. Top 50 protocols red on all three timelines (daily, weekly, monthly) include Pancakeswap (#8), Balancer (#14), and Arrakis Finance (#24).
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 And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
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!)
-Something new on Arbitrum called @DefiFarmMaster has been added to @DefiLlama. Twitter bio states “⚡️ #1 Farm Booster On Arbitrum, Zero Fees💰, 🧡 Own By Community, All Suggestions are appreciate 🫡 All our code are open sourced and Security First, DYOR".
-New protocol launching called @capapult. Twitter bio states “Decentralised CDP ($SOLID) on Terra, governed in a decentralised fashion through $CAPA holders. Proud validator of the Terra blockchain.”
-Something on Arbitrum launching today called @OmiumProtocol. Twitter bio states “$OMM has an innovative tokenomic using several mechanisms like #RealYield, #Bonds, #Staking, smart fees & elastic supply.”
-New protocol added to @DefiLlama called @Official_LIF3. On Fantom with approximately $1M TVL so far. Description reads “Lif3 Trade is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades.”
-New protocol on Arbitrum called @DiamondProtocol has been added to @DefiLlama. Just under $1M TVL so far. Description reads “UniBot is designed to solve the problems for Uniswap v3 liquidity providers. UniBot is an Automated Leveraged Liquidity Provision Platform that offers higher capital efficiency, in-protocol lending pools, and automation position management.”
-Something new called @alongsidefi has been added to @DefiLlama. On Ethereum Mainnet with $2.3M TVL so far. Description reads “AMKT is a crypto index designed to track the crypto market in a single token.”
-Something new on Avalanche called @zswapdex has been added to @DefiLlama. Description states “Swap, farm, stake and win crypto with ZSwap! The future home of crypto on AVAX.”
Security Alerts
-@Certik released the following alert:
-@Certik released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, single-exposure, and no-IL filters) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Brutal day for stonks yesterday:
-@noahseidman on yesterday’s price action:
-Polygon cuts 20% of its staff:
-Arbitrum posting bullish stats this week, h/t @0xFlips and @AlphaverseDefi:
-Coinbase update:
-Visualization from @OuroborosCap8:
-Interesting macro chart from @TXMCtrades:
-$crvUSD update courtesy of @CurveCap:
-Interesting chart from @tedtalksmacro:
-US mortgage rates climbing back up:
-Another good crypto chart, from @lukasz_wydra:
-From an interesting @AndreasSteno thread:
-@theempirepod interviewed Blur founder @PacmanBlur:
-New @Ceazor7 video analyzing $ERN Ethos Reserve:
-Interesting macro thread from @JamesLavish:
-Sentiments from @blockchaingod69:
-Parting wisdom from @AngeloBTC:
Conclusion
Have a great Wednesday and stay alert out there friends!
And please RT/follow/etc if you found this valuable!
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Note
Our official sponsor for the month of February is @NestedFi! Nested is a new Social Trading protocol which allows users to create and manage portfolios (and copy-trade other traders’ portfolios) on all the main EVM chains…
Nested has a variety of interesting features beyond the copy-trading aspect. It allows for easy dca’ing, as well as non-kyc’d fiat-onboarding via their integration with Mt Pelerin.
Here is a Nested portfolio from @Route2Fi: