Happy Saturday fellow degens! First month of 2023 almost over!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,927.50
Oil (WTI): $79.68
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 perpetual futures exchange on Starknet with self-custody and true community governance.
They just introduced a new gamified Community Incentives Program, called ZKX Yakuza, with 3 initiatives: Ambassador, Contributor Program, and Testnet.
Think of it like a universe with characters and a storyline where you complete quests and bounties and earn exclusive Yakuza NFTs and rewards in future ZKX tokens!
In this regard they just released their latest blog, outlining the pathway to becoming a Core Contributor for ZKX:
Biggest TVL Movers
Chains are mixed today. Some notables include Optimism (#7) at +33.12% on the monthly, Algorand (#15) at +99.35% on the monthly, Celo (#18) at +69.44% on the monthly, and Canto (#22) at +93.11% on the monthly.
Protocols are mostly green today. Some notables include Sun (#20) at -15.34% on the monthly, Synthetix (#25) at +63.83% on the monthly, Benqi (#30) at +73.65% on the monthly, Keep3r Network (#45) at -19.69% on the monthly, Stader (#49) at +83.92% on the monthly, and LUSD ChickenBonds (#100) at -18.56% on the monthly.
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/newish protocol called @Entanglefi. Twitter bio states “The Liquidity Centric Sub-Layer Powering the Next Generation of Cross-Chain DeFi Applications. $ENTGL $EnUSD…”
-Something new called @traddify has been added to @DefiLlama. Twitter bio states “Send, Receive, Swap and Pay seamlessly, Global remittance for individuals and corporate organizations powered by blockchain…”
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)
-Treasury Secretary Yellen acknowledges “risk of recession”:
-Interesting macro chart from @LynAldenContact:
-@dopex_io releases its much-anticipated $rDPX V2:
-Interesting stat from @RasterlyRock:
-$UMAMI/$SPELL alfa?
-@maplefinance is getting attention for a new partnership bringing receivables financing on chain:
-AI becoming the next bullish meme in tradfi?
-@rektfencer released an interesting thread on @nftperp:
-Weekly alfa from @apes_prologue:
-@noahseidman released an excellent new video with some key macro charts with significance for the crypto markets:
-@blockbytescom did a live panel discussion from the stage at @quantum_miami:
-@theempirepod released a new discussion of ‘The Bear Market: Stage 3’ featuring @JasonYanowitz and @santiagoroel:
-Parting wisdom from @BowTiedNightOwl:
Conclusion
Have a great Saturday friends and don’t forget to touch some grass this weekend!
And please RT/follow/etc if you found this valuable! :)
-
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 traders) on all the main EVM chains!
@NestedFi also allows for easy dca’ing, as well as non-kyc’d fiat-onboarding through their integration with Mt Pelerin!
Nested is going to be doing an airdrop for early users so make sure to consider trying out their platform and create and/or copy some portfolios!