Happy Tuesday fellow degens! All sorts of interesting stuff happening today!
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -3.3% to $0.924T
$BTC: -2.6% to $19,919.76, and a market cap of $380.3B.
$ETH: -6.0% to $1,074.02, and a market cap of $128.4B.
For tradfi:
S&P 500: -1.13%
Dow Jones: -0.56%
Nasdaq 100: -2.14%
Gold: $1,741.46
Oil (WTI): $102.54
Biggest Price Movers
(From @coingecko top 500)
Up:
-bZx Protocol $BZRX +47.7%
-flexUSD $FLEXUSD +15.2%
-MaidSafeCoin $EMAID +12.8%
Down:
-DigitalBits $XDB -25.7%
-Veritaeseum $VERI -22.8%
-BTC Standard Hashrate Token $BTCST -19.9%
Biggest TVL Movers
The only top 25 chain that was green on the daily today was Algorand at +24%. Its also up 47% on the weekly.
Protocols were mostly red today. Arrakis Finance’s upward growth seems to have finally hit a ceiling, with it down 8% on the weekly. Balancer and Convex are both slightly up on the weekly.
Here’s The Top 12 Fastest-Growing Chains By Weekly TVL Growth (from @defillama - note: this includes some with close to zero TVL so ignore those ones):
Here’s The Top 12 Fastest-Growing Protocols By Weekly TVL Growth (from @defillama - minimum of $1M TVL):
Other Data Points
-@BitcoinFear and @EthereumFear have not been updated since July 8th, so we are temporarily leaving them off (hoping they fix issue soon!).
Here is some data from @8BlocksDaily:
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)
-@avarice_token is launching soon on BSC. Here is a their Twitter bio: “Upcoming staking platform built on BSC! Utilizing the market movements, smart contract tech and a lot of degeneracy; Avarice is a love letter to DeFi.” (via @ApeOClock)
-An interesting protocol called @Earndrop_io launched today:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released hackings alert re: Discords of @BlockApeLads and @ZooniesXYZ and @NFTDragoonz and @SleepySlothsC.
-PeckShieldAlert released alert on a rugpull or exploit on @citizen_finance.
-Alert from @BuffetTheory:
-Uniswap user(s) suffered from phishing attack:
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)
-Celsius doing something with their massive stack of $stETH (@DeFiyst providing continuing commentary on this):
-@ZhuSu broke his silence on Twitter for the first time in several weeks, although it appears his location is still unknown:
-Noted tradfi asset manager Eric Peters has apparently bought $600M worth of $BTC:
-Russia has shut down the Nord Stream Pipeline to Europe for annual maintenance but there are worries over where they will start it back up:
-NFT’s on Ripple:
-Federal Reserve is approaching uncharted territory:
Conclusion
See you tomorrow friends!
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