Happy Monday friends! Another big week ahead of us!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,809.50
Oil (WTI): $76.71
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
@NestedFi is our official sponsor for the month of February! They are a new Social Trading protocol which lets users create portfolios and copy-trade other portfolios on ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC…
Nested allows for non-KYC fiat-onboarding through their integration with Mt Pelerin, as well as easy automatic dca’ing.
There’s now thousands of different portfolios you can check out on their site, which let’s you sort by performance, chain, and all sorts of other metrics to find interesting ones to track or copy trade:
Biggest TVL Movers
Chains are mostly green on the daily and red on the weekly. Top 50 chains green on all three timelines (daily, weekly, monthly) include Arbitrum (#4), Optimism (#6), Canto (#15), Fusion (#18), Neo (#34), Tezos (#40), OKExChain (#44), Stacks (#46), and Ontology (#50).
Protocols are mostly green today as well. Some notables include Velodrome (#29) at +29.20% on the weekly, Zyberswap (#53) at -15.26% on the weekly, and Radiant (#72) at +32.06% on the weekly.
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 Dex’s By 7 Day Volume (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!)
-New Arbitrum protocol called @0xAcidDAO. Twitter bio states “Unleash the true power of LSD on @arbitrum. $ACID Launch on March 3rd…”
-New protocol on Arbitrum called @WhiteholeFi. Twitter bio states “#Multiasset lending protocol for both NFTs and Crypto. | @Arbitrum native | Free to join #Testnet⚡️ is running!”
-New perps protocol on Canto called @boofixyz. Twitter bio states “Decentralized Perpetual Exchange Built on @CantoPublic”. h/t @monosarin via @FungiAlpha:
-New protocol on Polygon called @openpeer_xyz. Twitter bio states “Self-custodial P2P exchange. Buy crypto directly from your bank account with zero-fees. Signup for beta access! ‘LocalBitcoins but from your wallet’“. h/t @monosarin via @FungiAlpha:
-New protocol called @ZeroLiquid_xyz. Twitter bio states “Use your LSD tokens to get self-repaying, 0% interest loans without the risk of liquidation.” h/t @monosarin via @FungiAlpha:
-New protocol on Arbitrum called @Twisterfinance. Twitter bio states “Lend and borrow platform on top of Arbitrum, allowing you to use real yield staked tokens as collateral, leverage up your returns here!” h/t @monosarin via @FungiAlpha:
-New protocol called @allgate_io. Twitter bio states “Omnichain Tokens (OFTs) Protocol powered by LayerZero. Create new or Migrate existing tokens to the OFT standard. Testnet on 28th February.” h/t @monosarin via @FungiAlpha - make sure to give them a follow!
-Something new called @ShoebillFinance on Klaytn has been added to @DefiLlama. Description states “Shoebill Finance is a DeFi lending protocol that allows users to earn high stablecoin yields or take out interest-free loans and earn interest with leverage. When a borrower deposits tokens as collateral, Shoebill Finance earns interest by depositing them into protocols like Kokoa Finance, Kokonutswap, and Stake.ly. These interest earnings are then converted into the same tokens deposited by the creditor and distributed as interest…”
-Something new on Polygon called @moret_io has been added to @DefiLlama. Description reads “DeFi protocol for options AMM and options-based perpetuals, running on Polygon chain only”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) 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)
-Potential macro catalysts this week:
-Currently seven crypto tokens with >$10B market caps:
-Some recent statements from Gary Gensler are generating intense discussion:
-Interesting macro stat from Europe:
-@Rewkang and @NorthRockLP both bullish on Stacks $STX:
-Interesting chart from @statelayer :)
-ISM charts from @dunleavy89:
-Some Solidly forks have absolutely mooned the last couple months, from @drakeondigital:
-Good thread on Shanghai and its implications:
-Reminder re: the rather counter-intuitive way inflation is measured, from thread by @jasonfurman:
-Excellent new Substack from @DeFiSurfer808:
-@AriDavidPaul on AI:
-Interesting thread on the US dollar:
-Good thread from @_FabianHD taking temperature check of the markets:
-@korpi87 on Blur/OpenSea:
-Another massive macro thread from @concodanomics:
-Sentiments c/o @thedefiedge and @DegenSpartan:
-Parting wisdom from @cburniske and @Dynamo_Patrick:
Conclusion
Let’s get after it degens!
And please RT/follow/etc if you found this valuable! :)
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Note
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