Big week continues lads! Happy Tuesday!
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -5.1% to $1.00T.
$BTC: -4.4% to $20,950.58 and a market cap of $400.2B.
$ETH: -9.0% to $1,387.68, and a market cap of $166.3B.
Gold: $1,716.60
Oil (WTI): $98.52
Stocks:
More crypto data:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Marlin $POND +29.0%
-Uquid Coin $UQC +19.7%
-Radicle $RAD +12.0%
Down:
-Blox $CDT -47.6%
-Dopex $DPX -14.3%
-MaidSafe Coin $EMAID -14.1%
Biggest TVL Movers
Chains are very red today. Only top 12 chain with green on daily is Arbitrum (#10) at +8%. It, Optimism (#14), Kava (#17), and Gnosis (#20) are only top 20 chains green on the weekly.
For protocols, the board is also mostly red. On the weekly bright spots among top protocols are Arrakis (#11) at +16% and Stargate (#24) at +19%.
Here’s The Top 12 Fastest-Growing Chains By TVL On Weekly (from @defillama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On Weekly (from @defillama - $1M+ TVL only):
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)
-A newish dex called @pandora_dex on @BNBCHAIN has been added to @debankdefi. Twitter bio states “The highest-paying DEX in the DeFi space & the 1st DEX to innovate a gamified system for decentralized finance.”
-A newish liquid-staking app on Astar Network called @Algem_io with $5M TVL has been added on @defillama.
-A new protocol on Avalanche called @CIAN_protocol with $0.8M TVL has been added on @defillama. Description reads: “CIAN is an open automation platform for onchain applications that allows users to swiftly build, optimize and protect intricate strategies using unrivaled automation primitives”.
-Cosmos “Staking Derivatives” protocol @StaFiHub_ is getting closer to its mainnet launch.
-New protocol launching on Cardano called @AadaFinance. Twitter bio states “Fully decentralized lending and borrowing protocol backed with NFT’s…”.
-A newish protocol called @MidasCapitalxyz that is apparently a Rari-style lending protocol and which has some interesting partnerships (Jarvis, etc) has been added on @defillama. Twitter bio states “Democratizing money markets for all investors with isolated lending/borrowing pools for any asset. Part of the @tribedaoxyz.”
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding flash-crashes and/or rugpulls on $SKG and @Btop_token, and an alert re: “concerning on-chain activity” about $FRPN.
-@PeckShieldAlert released an alert regarding a rugpull on @SuperStepO.
-@Wallet_Guard released alerts on @ezu_xyz and also issued the following general alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL and no-IL and single-exposure only) and @stable_fish)
Spotlight:
We’re partnering with our friends at @Cre8rDao to provide some good info on Radiant Capital. Here’s a thread on them from the @rektdiomedes account (as always DYOR though):
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Janet Yellen’s Meet The Press appearance this week is generating intense scrutiny:
-In related news, Google searches for ‘Recession’ are spiking:
-’Smart Money’ wallet stablecoin holding %’s saw a sharp decline this last month:
-Hopeful news on regulatory front?
-Leading fiat-onramp Silvergate Bank deposit levels seem to be bottoming out after sharp declines all year:
-$FRAX was apparently the most stable stablecoin of Q2, beating out both $USDC and $DAI:
-Black market US dollars are becoming a major phenomenon in Argentina:
Conclusion
See you tomorrow frens!
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