Happy Thursday friends! All sorts of crazy stuff happening today…
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: +7.3% to $1.10T.
$BTC: +8.2% to $23,035.60 and a market cap of $440.1B.
$ETH: +11.3% to $1,626.48, and a market cap of $195.0B.
Tradfi:
Dow: +1.37%
S&P 500: +2.62%
Nasdaq: +4.06%
Gold: $1,739.40
Oil (WTI): $99.22
More Crytpo Stats:
Biggest Price Movers
(From @coingecko top 500)
Up:
-XYO Network $XYO +115.6%
-FlexCoin $FLEX +61.8%
-Zipmex $ZMT +52.1%
Down:
-BarnBridge $BOND -44.1%
-RSK Infrastructure Framework $RIF -31.2%
-Radicle $RAD -27.8%
Biggest TVL Movers
Chains are all super green today. In the last few minutes (since the below screenshot was taken) Optimism has jumped into spot #12. Polygon is down a bunch on the daily but again, like its huge jump yesterday, that may be due to a reporting issue of some kind.
Protocols are also super green on the daily. Biggest daily gainers among top 100 are Synthetix (#20) at +19%, Rocket Pool (#29) at +16%, and Tornado Cash (#30) at +13%.
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)
-A new staking protocol has been added to @defillama. Description states “Simplified and secure staking for KCS on KCC.”
-A new Ethereum Classic dex has been added to @defillama. Description states “ETC Swap is a decentralized cryptocurrency exchange where users acquire digital assets without an intermediary.” Twitter link for protocol is @EthClassicDAO, though it is unclear if this is just one project of theirs or their main focus.
-A newish “Yield market protocol” on Eth Mainnet has been added to @defillama, Twitter account is @Timeless_Fi.
-A new dex called @SwapQuasar has been added to @defillama. Description of it states “First decentralized exchange on the Nova Network! Staking via Farms and Pools, and even NFT staking”.
-@bizyugo did an excellent thread on a new “Perpetual Futures DEX for NFT’s” called @nftperp:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding Discord hacks of @InfectedMob and @TastyBonesNFT and @Devious_DeadNFT, flash-crash and/or rugpull on @CryptoTribe $CSTC, and a general alert regarding a project called @MetaXpression.
-@PeckShieldAlert released an alert regarding phishing re @barbie_wtf.
-@phtevenstrong tweeted out a rugpull alert on iBEE:
-Solana protocol @Nirvana_fi suffered an exploit today:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-The Fed hiked rates by 75 bps today, however many took Jerome Powell’s comments to be proof of an increasingly dovish diretionality, and markets jumped higher in the aftermath of his press conference. Here’s a great thread on it from @ftx_access:
-More big macro catalysts coming today, including US Q2 GDP print:
-Smart Money wallets seem to be favoring $USDC or $USDT, according to @nansen_ai:
-FTX US has released stock trading for customers in all 50 states:
-@debankdefi has released a mobile app:
-@0xroborosCap released an excellent thread on which tokens have outperformed and underperformed in the last couple months. Here’s a list of some outperformers and their respective narratives:
@ChainlinkGod, @Crypto__Oracle, and @Lempheter did a podcast about RWA (real world assets). Here are the notes from it, published by @ChainlinkIntern:
-Brent Johnson @santiagoaufund and @LawrenceLepard appeared on @blockworks_ with @MikeIppolito_ to discuss the economy, Bitcoin, and the “Dollar Milkshake Theory”:
Conclusion
Get after it frens!
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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):