Happy Sunday fellow degens! Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -1.9% to $0.982T
$BTC: -1.1% to $21,290.35, and a market cap of $406.4B.
$ETH: -2.5% to $1,183.14, and a market cap of $141.5B.
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,750.39
Oil (WTI): $104.80
Biggest Price Movers
(From @coingecko top 500)
Up:
-Aergo $AERGO +27.4%
-BTC Standard Hashrate Token $BTCST +20.5%
-Quant $QUANT +20.4%
Down:
-flexUSD $FLEXUSD -19.6%
-Steem $STEEM -12.4%
-Veritaeseum $VERI -10.5%
Biggest TVL Movers
For chains, Parallel, at #11, is up over 10% today. For small chains, Evmos is up over 20% on the weekly at $8M TVL, and Jewel $DFK is up over 29% at $9.9M TVL, and Kadena is up over 30% at $2.4M.
For protocols, JustCrypto (a bridge) in spot #16 is up over 70% on the weekly. Portal (another bridge, in spot #30) is down over 20%. Serum (a dex, in spot #30) is up over 30%. Dodo (a dex) in the #74 spot is up over 39%. And BendDAO (an Eth Mainnet NFT lending platform) in spot #118, is up over 57%.
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 Stablecoins By TVL (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
New Protocols/Yield Farms
(note: this is checked via a variety of sources (listed below when used) and general Twitter research - note: this excludes Tomb forks and reflection tokens and tries to only include at least semi-legitimate defi-oriented stuff, but DYOR)
-Something called @ArableProtocol appears to be in process of launching. Twitter account is a year old with 596 tweets, but they are referencing their ‘launch’ so it appears to be new in that regard. Twitter bio states “World’s First Synthetic Farming Protocol” and it appears to be connected to Avalanche and Polygon.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released hackings alert re: Discords of @ttpt_eth, and @Spideyadv.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL only) and @stable_fish)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Fantom is seeing almost 10x as many daily transactions as Avalanche but at less than 10% the average transaction value. Optimism (more transactions) and Arbitrum (higher average transactions) are seeing a similar dynamic:
-There is much discussion on Twitter about possible impact of Mt Gox $BTC coming onto the market. While it seems such fears may be overblown in significance, @milesdeutscher released an excellent thread on the history of Mt Gox and what its collapse entailed:
-Protestors in Sri Lanka stormed the Presidential Palace and Central Bank today, as high food and energy costs continue to ravage emerging markets:
-@0xlosingmoney did an excellent thread on protecting your Discord from hacks:
-@DefiShaka released the final stats on @ConvexFinance unlocks/relocks, showing a staggering 81% of tokens were relocked:
-Certain pockets of US real estate (such as San Francisco) are beginning to see rapid declines:
-The $GMX token accounted for 31% of all volume on Arbitrum in the last 24 hours:
Conclusion
Get after it my good frogs!
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