Happy Wednesday friends! CPI (inflation) print in the US today was just released (info at bottom)!
Market Update
Overall crypto market cap: +0.0% to $0.921T
$BTC: +0.1% to $19,864.72, and a market cap of $379.3B.
$ETH: +1.1% to $1,084.71, and a market cap of $129.6B.
For tradfi:
S&P 500: -0.92%
Dow Jones: -0.56%
Nasdaq 100: -0.97%
Gold: $1,730.54
Oil (WTI): $96.42
Biggest Price Movers
(From @coingecko top 500)
Up:
-Voyager $VGX +215.6%
-Komodo $KMD +129.4%
-AscendEx $ASD +118.6%
Down:
-BTC Standard Hashrate Token $BTCST -18.1%
-aelf $ELF -15.2%
-Sportium $SPRT -12.2%
Biggest TVL Movers
For chains, everything is pretty flat. Tron is biggest gainer among major protocols on the weekly, at +6%. They are now at a TVL of $5.66B, compared to BSC (in the #2 spot by TVL) at $6.00B.
For protocols, JustLend (#7 by TVL) is up over 14% on the weekly. Balancer (#13) is up over 8%. Synapse (#48) is up over 13%. Biggest loser on the weekly among top 50 protocols is actually Aave (#2), down over 16% on the weekly.
Here’s The Top 12 Chains By TVL (from @defillama):
Here’s The Top 12 Protocols By TVL (from @defillama):
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)
-@ArenaPlayAPC - a new SocialFi protocol on BSC - has launched. Twitter bio states “ArenaPlay is a decentralized Sports, esports & crypto quiz platform.” (via @ApeOClock)
-A newish (fully launched in June) protocol called @azuroprotocol has been added by @defillama. Twitter bio states “Building the base layer for decentralized betting. Azuro is live on mainnet Gnosis Chain”.
-@Blur_Finance- a “a revolutionary and user-friendly yield aggregator for Binance Smart Chain!”- launched yesterday and has been added to @defillama.
-An interesting-looking protocol @tender_fi is currently on Beta. Here’s a tweet about them from last week:
-Another really interesting protocol called @Contango_dex just announced they are building towards a launch later this year:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released hackings alert re: Discords of @BlockApeLads, and hack of @LisaCarrington’s Twitter account for scam purposes, and a flash-crash on $CNC.
-Security alert from @wallet_guard:
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)
-CPI (inflation) print comes in at 9.1%, leading many to fear drop in stocks and crypto as a result:
-$670M was lost to on-chain hacks/exploits in Q2:
-The price of copper is falling, which is often considered to be a sign of recession or impending recession:
-JP Morgan execs entering crypto:
-A new episode of @MarketCapping podcast was released, with @dcfgod and @SmallCapScience discussing all sorts of important defi alpha:
Conclusion
Have a great day fellow degens!
And please follow/subscribe/retweet/etc if you found this helpful! :)