Happy Monday fellow frogs! Big week ahead of us!
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -3.5% to $1.05T
$BTC: -2.5% to $21,913.71, and a market cap of $418.6B.
$ETH: -3.3% to $1,528.10, and a market cap of $182.7B.
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,723.90
Oil (WTI): $96.34
More crypto data:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Blox $CDT +44.5%
-WeWay $WWY +41.9%
-Hive $HIVE +19.2%
Down:
-VeThor $VTHO -18.2%
-Ampleforth $AMPL -13.9%
-Evmos $EVMOS -13.0%
Biggest TVL Movers
Chains are mostly red today. If Optimism continues on its 20%+ per week growth it should hit the top 12 within the next week. Another fast-growing one is Bifrost at +33% on the weekly, currently the 35th biggest chain at $61.26M TVL. Sora is also up 47% on the weekly, at spot #63 and $7.6M TVL. For weekly losers we have Aurora in spot #19 at -6%, and Elrond at spot #25 at -6%.
For protocols, we also have quite a bit of red on the daily. Some notables to note are Stargate at +17% on the weekly in spot #25, Beefy Finance at +13% on the weekly in spot #37, and Ferro at +14% on the weekly in spot #84.
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)
-Newish protocol @Everdome_io on BSC has been added to @debankdefi. Twitter bio states “Everdome is creating the most hyper-realistic metaverse. Bringing brands and users together in a digital-life meets real-world experience.”
-A new protocol called @StripFinance has announced its upcoming launch in August. Twitter bio states “Financial Layers of the Metaverse. Collateralised NFT and DeFi Liquidity Protocol With Interest Rate Discovery.”
-A new multi-chain lending protocol called Radiant Capital @RDNTCapital has launched:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issues alerts regarding Discord hacks of @NEN_Studio and @lonelybeasts, and a flash-crashes and/or rugpulls on $LPC and $COMR.
-@PeckShieldAlert issued a rugpull alert on $TEDDY.
-@PancakeSwap posted an alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL only) and @stable_fish)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Big week ahead of us with Fed interest rate decision on Wednesday and Q1 GDP print (which is anticipated to be negative heralding US is in a recession) on Thursday:
-However, it looks as though the US authorities may be shifting the goalposts on what constitutes a recession:
-$BTC and $ETH have reverted to ‘realized value’:
-Interesting news re: Tether/Bitfinex:
-OpenSea volume is down considerably:
-The combined TVL of all Polkadot parachains has passed $1B in TVL:
-More tension in Europe:
Conclusion
Here’s to a great week fellow degens!
And please follow/subscribe/retweet/etc if you found this helpful - we appreciate it tremendously! :)