Happy Thursday friends! And happy CPI (inflation print) day!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,881.00
Oil (WTI): $77.44
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Our gigabrain friends at @pendle_fi are jumping into the $ETH LSD wars in a big way! (that’s Liquid Staking Derivatives just to clarify!)
If you aren’t familiar with Pendle, they are an extremely interesting protocol in the yield/derivative space, which we think is one of the big rising ‘narratives’ within defi.
Here is a new thread they just posted outlining the extremely cool stuff they’re releasing re: LSD yield opportunities:
Biggest TVL Movers
Chains are very green today. Top 20 chains green on all three timelines (daily, weekly, monthly) include Ethereum Mainnet (#1), Polygon (#4), Mixin (#10), Fusion (#16), Thorchain (#18), and Bitcoin (#20).
Protocols are extremely green today. Top 100 protocols up at least 20% on the weekly include Benqi (#36), BendDAO (#51), DefiSaver (#54), Marinade Finance (#60), UwU Lend (#78), Canto Dex (#87), and Idle Finance (#88).
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 project on Arbitrum called @modular_wallet. Twitter bio states “A modular system has been devised: Self-custodial wallet with modular framework, built natively on @arbitrum and powered by $MOD”.
-New project on Solana called @lumina_labs. Twitter bio states “Understand everything.” h/t @wireless_anon:
-New dex doing an ICO on Polygon apparently, called @SurfLodgeDEX. Twitter bio states “SurfLodge is a community-driven DEX and DeFi power house aiming to be the main Liquidity Hub on @0xPolygon.” h/t @AresLabs_xyz:
Security Alerts
-Flashloan attack on @RoeFinance:
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)
-CPI (inflation) print comes out today:
-Newest @truflation numbers:
-FTX update:
-Avalanche update:
-Implied volatility on $BTC and $ETH at 2.5 year lows:
-Interesting stat from Japan c/o @Pentosh1:
-Interesting numbers on US stock market:
-Great thread from @alpha_pls:
-Excellent macro thread from @UrbanKaoboy:
-@flywheelpod released a great interview with the team from @GammaSwapLabs:
-Excellent article from @JLabsJanitor:
-Kitco News hosted an interesting debate on Bitcoin between Lyn Alden and someone named George Selgin:
-Interesting tweet from @pythianism:
Conclusion
Have a great Thursday friends! May be a volatile one so stay alert out there!
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!
They also have some profoundly gigabrain tech going on behind the scenes, such as the HyVM stuff outlined in this thread: