Happy Monday friends! Lots of interesting stuff going on :)
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,824.50
Oil (WTI): $80.26
Stocks: N/A
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%.
They are currently recruiting their “OG” whitelist (see embedded tweet below from their thread on how to qualify!).
The benefits to OG’s include a whitelist for strategies, a whitelist for $NEU token IDO, OG titles, and more!
We’re helping them build awareness so make sure to give them a follow on Twitter and check out the below thread on how to qualify for the whitelist!
Biggest TVL Movers
Chains are mostly green today. Top 50 chains green on all three timelines (daily, weekly, monthly) include Moonbeam (#24), Aptos (#30), Terra2 (#40), OKExChain (#41), and Songbird (#50).
Protocols are quite green today as well. Top 100 protocols green on all three timelines (daily, weekly, monthly) include Frax Finance (#12), Coinbase Wrapped Staked ETH (#13), Rocket Pool (#16), Aura (#21), Stargate (#24), Morpho (#33), and BendDAO (#67).
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 @LoculusNetwork. Twitter bio states “Loculus Network is a layer-1 powered with Cosmos-SDK background. If you are interested in building on Loculus, join us at our upcoming socials! #Loculus #Cosmos” h/t @0xBoccaccio (see second tweet below):
-New protocol called @RobodexProtocol. Twitter bio states “Evolving the core mathematics of AMMs so that LPs can avoid impermanent loss”. Also h/t @0xBoccaccio - make sure to give him a follow!
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ 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)
-Interesting tweet from Michael Burry:
-Lido overtakes MakerDAO to become top-ranked defi protocol by TVL:
-Curve/Convex alfa?
-Interesting charts re: China vs India demographics:
-GMD/GNS alfa?
-Search volume for “Wagmi” has apparently round-tripped:
-@redactedcartel $BTRFLY is generating quite a bit of discussion in the more degen corners of CT today:
-Good summary from @ReveloIntel of discussion re: @traderjoe_xyz:
-Great thread from @korpi87 on the Crypto Volatility Index project (CVI):
-Very thorough thread from @0xFlips making the bull case for ETH/BTC:
-Yearly roundup on Polkadot from Gavin Wood:
-Good thread from @ThorHartvigsen (likely familiar names if you’re a hardcore degen glued to CT but great overview if not):
-Very few videos on macro/crypto came out yesterday since it was New Years Day, so here’s a great one from last week we didn’t post at the time (on macro):
-Interesting macro chart from @MikeIppolito_:
Conclusion
Have a great Monday 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!
You can also use it for easy dca’ing as well as non-kyc fiat onboarding via their integration with Mt Pelerin!