Happy Tuesday fellow degens! Lots of interesting stuff going on today!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,873.10
Oil (WTI): $74.27
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
@Neutrafinance is a new protocol on Arbitrum that is launching a Delta Neutral GLP strategy utilizing @GMX_IO.
According to data they’ve published on their Medium page, backtesting of the strategy has yielded excellent performance with an APR approaching 10%.
We’re helping them build awareness so make sure to give them a follow on Twitter and check out the their announcement below regarding their public sale or read the Medium article on it for the full breakdown!
Biggest TVL Movers
Chains are mostly green today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Mixin (#10), Fusion (#16), Waves (#17), Thorchain (#18), Bitcoin (#19), EOS (#20), Canto (#22), and Cardano (#29).
Protocols are mostly green as well. Some notables among the top 50 include Synthetix (#27) at +15.53% on the weekly, Euler (#33) at +18.84% on the weekly, and Olympus DAO (#40) at -12.58% 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 24 Hour 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!)
-Something called @ProtocolRa. Twitter bio states “The most powerful suite of web3 liquidity tools for developers, ever. Created by Banz. #Ra”.
-Something called @Casten_Protocol. Twitter bio states “ReDeFine global credit investing by enabling investors of all sizes to earn high yield from lending to real businesses.” h/t on this one and several of the others to @FungiAlpha - make sure to give them a follow!
-Something called @Elixr_Labs. Twitter bio states “Liquid Staking on Arbitrum. $ELIXR”.
-New protocol called @hornet_swap. Twitter bio states “@arbitrum based ecosystem 💙🧡 | The first DEX with a trader shares marketplace 📈 #passiveincome #DEX #arbitrum #ecosystem”. h/t @SamuelXeus:
-Something getting ready to launch on Arbitrum called @Atlantis_Fi. Twitter bio states “The first ___?___ protocol on #Arbitrum”.
-Potential Solidly fork on Polygon called @AutoMaticAMM. Twitter bio states “Introducing AutoMaticAMM, a Solidly fork on the Polygon network. Our decentralized exchange is built on the fast, low-cost Polygon ZK EVM”.
-New protocol called @vivaleverage. Twitter bio states “Maximize Your Profit and Shout 'Viva Leverage'! That's All We Want. VivaLeva is the first leveraged farming yield protocol on zkSync.”
-Something new called @alphacapitalapp has been added to @DeBankDefi (BSC & Polygon). Twitter bio states “High performance crypto portfolios. Designed by industry veterans. Withdraw anytime, no lockups.”
-Previously-mentioned @ThenaFi_ has been added to @DeBankDefi (BSC). Again, Twitter bio states “An open liquidity layer & DEX on @BNBChain... Launching in January 2023”.
-Previously-mentioned @Y2BFinance has been added to @DefiLlama. Description reads “Y2B is a crypto-native take on structured products on-chain, the protocol provides exotic peg markets which allow users to hedge, leverage, speculate and trade the different components of pegged assets…” and states that it is a Y2K fork.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, single-exposure, and no-IL filters) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Jerome Powell will be giving a speech today and the CPI (inflation) print will be coming out on Thursday:
-Ethereum update:
-Interesting news from US:
-GMX doing some huge volume amidst the market pump:
-$USD update:
-More LSD narrative stats:
-Thoughts from @GCRClassic:
-Great new article from @CurveCap:
-Interesting thread from @truflation regarding this week’s CPI (inflation) print. Entire thread very much worth reading:
-Some interesting macro stats:
-Canto bridge season continues:
-SBF/FTX updates:
-Interesting chart re: Lens Protocol:
-Interesting data from @JonGalt14:
-Another good video breakdown from @Ceazor7:
-@noahseidman released a new video on crypto and macro:
Conclusion
Have a great Tuesday friends!
And please RT/follow/etc if you found this interesting! :)
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Note
Our official sponsor for the month of January 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!