New week is here! Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -3.2% to $0.951T
$BTC: -4.1% to $20,465.08, and a market cap of $390.7B.
$ETH: -3.5% to $1,142.51, and a market cap of $136.8B.
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,742.83
Oil (WTI): $101.95
Biggest Price Movers
(From @coingecko top 500)
Up:
-Perpetual Protocol $PERP +25.3%
-Radicle $RAD +20.2%
-BTC Standard Hashrate Token $BTCST +18.1%
Down:
-Aergo $AERGO -18.4%
-GMX $GMX -18.2%
-Quant $QUANT -14.8%
Biggest TVL Movers
For chains, Parallel is the only top 25 chain in the green on the daily, up over 10%. Biggest monthly gainer in top 25 is Moonbeam at +135%, biggest loser is basically a tie between Arbitrum and Fantom, both at -45% or so.
For protocols, the only top 50 protocol green on the daily is Benqi at +0.42%. Biggest gainer on monthly among top 50 is JustLend at +83%. Biggest loser is Sushiswap at -52%.
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 - note: for some reason this has not been updated since July 8th, so we’re just including the most recent one)
Ethereum Fear/Greed Index:
(from @EthereumFear - note: for some reason this has not been updated since July 8th, so we’re just including the most recent one)
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 @DefinexFinance has launched on BSC. Twitter bio states “DFNX is a revolutionary Web3 DeFi protocol which aims to simplify DeFi for the masses and make blockchain more accessible and easier to use in the long-term.” (via @ApeOClock)
-Something called @defi_waterfall has launched. Unclear on what type of protocol it is though. (via @ApeOClock)
-Previously-mentioned Cronos-chain liquid staking protocol @ArgoProtocol has been added to @debankdefi.
-A new “synthetics platform” (could be Tomb fork - unclear) on Fantom called @ProtocolZest has been added to @defillama. Only 30k TVL so far though. Twitter bio states: “Earn zesty yields without impermanent loss. Harness the power of fractional synthetic assets backed by collateral.”
-Something called @VendorFi is launching on Arbitrum, providing “non-liquidatable, fixed-rate, perpetual loans”:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released hackings alert re: Discords of @FeetAndEyesGuys and @AlphaDogsNFT, and a honeypot scam on @JUMPNofficial $JST, and a potential phishing url at https://gzge.xkesu[dot]xyz/, and a rug pull on NFT project “Wit Link”.
-Alert from @MichaelKdcl:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL only) and @stable_fish)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Next CPI (inflation) print in US coming this Wednesday:
-Alameda Research is apparently the most profitable Dex trader on Eth Mainnet, according to @nansen_ai:
-Adoption in South Korea:
-There appear to be protest/bank run type events happening in China. As always, there is likely much mis-attribution/etc, however this thread provides a good 50+ tweet breakdown of primary source footage:
-$USD hits 20 year high on its most well-known index:
-@808_Investor released an extremely well-researched article on $USDC:
-@BanklessHQ just released an interview with macro+Bitcoin expert @lynaldencontact:
Conclusion
Here’s to a great week fellow degens!
And please follow/subscribe/retweet/etc if you found this helpful! :)