Greetings friends! Been quite the eventful week so far :)
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,915.50
Oil (WTI): $75.85
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
We are helping raise awareness about an extremely cool new protocol called @zkxprotocol….
ZKX is the first decentralized self-custody perpetual futures exchange on Starknet!
They are planning their testnet release for March 14th, and have a bunch of updates on that and other stuff in the below thread!
Biggest TVL Movers
Chains are mostly red today. Biggest reported gainers on the weekly among chains with at least $1M TVL are Terra Classic at $8.9M TVL and +297%, Canto at $172M TVL and +37.06%, and Everscale at $12.6M TVL and +35.28%.
Protocols are mostly red today as well. Biggest reported gainers on the weekly with at least $1M TVL are LeonicornSwap on BSC at $16M TVL and +1,846%, Buffer Finance on Arbitrum at $2M TVL and +1,602%, and FlokiFi Locker on multiple chains at $8.2M and +1,121%.
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 called @ZieshaNetwork. Twitter bio states “Ziesha Network | Towards a lighter blockchain! ❄️ Light-weight Layer-1 Network that uses zk proofs for transaction compression!”
-LibreSwap has been added to @DefiLlama. Linked Twitter account is the main @libreblockchain one. Description on @DefiLlama for LibreSwap reads “DeFi for Bitcoin and Tether - Trade, Provide Liquidity, Farm - instant tx and no gas fees.”
-New NFT platform on ETH Mainnet called @caviarAMM has been added to @DefiLlama. Twitter bio states “The easiest way to trade and earn yield on an NFT.”
-Something called @delimitfi. Twitter bio states “Delimited to Finance is the premier BSC yield farming portal. Stake, build and earn with the best traders in the market.” h/t @toffee248:
-New protocol called @TwoPawsDefi. Twitter bio states “Two Paws - P2P lending platform... Two Paws - Fixed interest rates and fixed repayment terms… Two Paws - No oracle no liquidations… Two Paws - All profit is yours…” h/t @monosarin via @FungiAlpha:
-New protocol called @currents_fi. Twitter bio states “Web3's first platform for launching and selling auto-renewing Subscription NFTs.” h/t @monosarin via @FungiAlpha:
-Previously-mentioned @liqwidfinance has been added to @DefiLlama. Again, Twitter bio states “…decentralized interest rate curves for lending and borrowing on Cardano.”
-A new perps protocol on Polygon called @DPEX_io has been added to @DefiLlama. They report it as a GMX fork and it has the following description “Decentralized Perpetual Exchange. Trade Bitcoin, Ethereum, and other digital currencies with up to 50X leverage from the comfort of your web3 wallet, such as Metamask or Coinbase Wallet - no need for a middleman.”
-Something new on Arbitrum that just popped up called @YuumiFinance. Twitter bio states “Decentralized Perpetual Exchange Built on @Arbitrum…”
Security Alerts
-@orion_protocol was exploited today:
-@PeckShieldAlert released the following alert:
-@ipor_io apparently fended off an attempted attack today:
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)
-Bond market expecting Fed rate cuts in November 2023:
-Upcoming unlocks:
-Macro commentary from @LukeGromen:
-Interesting news if accurate:
-Monthly alfa from @apes_prologue:
-@AndreCronjeTech threadooring on Fantom:
-Good thread from @NorthRockLP:
-@UmamiFinance releases update addressing community questions re: recent decisions:
-Good thread/article from @CurveCap updating on the situation with $LUSD @ChickenBonds:
-Excellent new article from gigabrain macro investor @hkuppy:
-Interesting thread from @arndxt_xo on @Timeless_Fi:
-Good new video from @ThorHartvigsen on playing the current stablecoin narrative:
-@GeorgeGammon interviewed former Fed insider Joseph Wang @FedGuy12 on this week’s Fed rate hike and the current macro environment:
-Parting wisdom from @DeFiSurfer808:
Conclusion
Get after it today degens!
And please RT/follow/etc if you found this valuable! :)
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Note
@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’s a recent thread from them: