Greetings fellow degens!
Data/alerts/new protocols/etc at top and all sorts of interesting news/articles/etc at bottom!
Market Update
Overall crypto market cap: +1.3% to $1.07T.
$BTC: +0.4% to $22,083.74 and a market cap of $421.7B.
$ETH: +5.4% to $1,549.20, and a market cap of $185.4B.
For tradfi:
S&P 500: -0.83%
Dow Jones: -0.64%
Nasdaq 100: -0.85%
Gold: $1,715.00
Oil (WTI): $101.03
Biggest Price Movers
(From @coingecko top 500)
Up:
-Blox $CDT +41.9%
-Verasity $VRA +39.4%
-Step App $FITFI +30.5%
Down:
-RSK Infrastructure Framework $RIF -36.6%
-Crono.tech $TIME -23.6%
-Hoo $HOO -20.7%
Biggest TVL Movers
For chains, there is a ton of green right now. Solana is up over 26% on the weekly, overtaking Avalanche for the #4 spot. Optimism is up over 28% on the weekly in spot #15. Algorand is up over 33% on the weekly in spot #20. And Ronin is up over 30% in spot #32.
Protocols are similarly green. Lido (liquid staking protocol) is up over 45% on the weekly in spot #2 by TVL. Instadapp (services protocol) is up over 30% in spot #10. Raydium (a dex) is up 166% in spot #21. Rocket Pool (liquid staking protocol) is up over 50% in spot #30. Armor (insurance protocol) is up over 44% in spot #45. And Nexus Mutual (insurance protocol) is up over 44% in spot #49.
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/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 @TheWeb3Project has launched on BSC. Twitter bio states “Building web3 user-centric Dapps”. (via @ApeOClock)
-Something called @loobr_com has launched. Twitter bio states “LooBr is a revolutionary all-in-one Cross-Chain Social-Media integrated NFT-Marketplace for players, creators, and traders.” (via @ApeOClock)
-Newish protocol @PeakFinance_DAO has been added to @debankdefi.
-A new Avalanche dex called @onAVAX with $0.4M TVL so far has been added by @defillama. Description states “onAVAX is a Decentralised Exchange built to bridge XRPL-native assets to the EVM-compatible blockchain and subsequently increase liquidity through DEFI.”
-Newish protocol @Incrementfi has been added by @defillama. Twitter bio states “Decentralized money market and one-stop DeFi suites to boost liquidity & yield opportunities on @flow_blockchain”.
-Some type of app/wallet/protocol for @NervosNetwork is launching called @CKBull_Wallet.
-Something called @magpieprotocol is launching. Twitter bio states “Why use a bridge when you can FLY.” Apparently they are doing some interesting contests to earn their $FLY token before launch as well:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released hacking alerts re: Discords of @Metamint_io and @wrldhorses and @GhostkidDao; and a flash-crash or rugpull on $Spacedogequeen.
-Special warning from @yugalabs:
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)
-An 1,157 page affidavit re: 3AC was uploaded to Twitter today, catalyzing intense discussion and many threads of analysis. Here’s analysis from @wassielawyer that links to the upload in question:
-An interesting old tweet from @zhusu also surfaced:
-@LidoDAO is bringing $stETH to L2 users:
-@MakerDAO continues its push into RWA (real world assets):
-Binance flips Coinbase for $BTC held:
-Many defi tokens are up over 100% in the last 30 days, including $rDPX, $DPX, $BTRFLY, $CRV, $QUICK, $CVX, and $GMX:
-There are reports that ECB (European Central Bank) is considering hiking interest rates:
Conclusion
See you tomorrow friends!
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