Happy Tuesday friends! 2023 is 1/6th of the way done already! Let’s get after it!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,813.20
Oil (WTI): $76.29
Stocks:
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.
Here is an example portfolio from @defi_mochi:
Biggest TVL Movers
Chains are mixed today. Some notables include Optimism (#6) at +10.36% on the weekly, Algorand (#16) at -13.21% on the weekly, and Moonbeam (#26) at -12.39% on the weekly.
Protocols are mostly red today. Only top 50 protocols green on all three timelines (daily, weekly, monthly) are Lido (#1), Synthetix (#22), Beefy (#28), Velodrome (#29), Euler (#30), Olympus DAO (#35), and Chainge Finance (#50).
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!)
-New Arbitrum protocol called @archi_fi. Twitter bio states “A composable leveraged yield farming strategy protocol on #Arbitrum. 🧑🌾 Integrating #GLP in Archi v1.”
-New protocol called @Goal3_xyz. Twitter bio states “ ⚽️ The first decentralized sportsbook on @zkSync ∎”. h/t @toffee248:
-New protocol called @RamsesExchange. Twitter bio states “RAMSES is the native liquidity layer & decentralized exchange on #arbitrum”. h/t @toffee248 again - make sure to give him a follow on Twitter!
-Something called @wakalahxyz. Twitter bio states “MENA 🤝 DeFi. EVM-compatible, exotic assets, incentivised onboarding. It’s time to head East.” h/t @AresLabs_xyz:
-Previously-mentioned @alienficoin has been added to @DefiLlama. Again, Twitter bio states “Alien DeFi Arbitrum's most powerful DEX.”
-Something launching on Arbitrum this week called @SafeYields. Twitter bio states “A Hedge with an EDGE 🗡️ $SAFE is going live on @Arbitrum soon 🧡💙 NFT Presale - March 3rd 🚀”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $5M+ 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)
-Over 20% of US adults now own crypto:
-Stats on $BUSD from @Blockanalia:
-Interesting macro chart from @NorthmanTrader:
-Some interesting Bitcoin data:
-Synthetix alfa?
-More interesting macro stuff:
-@pythianism on the L1 value premium:
-Llamas keep shipping:
-Another potentially telling quote from Larry Summers:
-New Vitalik article, h/t @DegenSpartan:
-Excellent thread comparing Optimism and Arbitrum, from @DefiIgnas:
-Interesting thread from @ThorHartvigsen:
-Gigabrain macro trader @hkuppy appeared on The Market Huddle:
-@blocmatescom interviewed the team at @tapioca_dao:
-Great video from @theempirepod about the LSD wars:
-Parting wisdom from @jediblocmates:
Conclusion
Another big day friends! Let’s get some W’s!
And please RT/follow/etc if you found this valuable! :)
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Note
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