The weekend is here fellow frogs! Lots of interesting stuff going on…
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: +1.5% to $1.15T.
$BTC: +1.5% to $24,023.82 and a market cap of $458.5B.
$ETH: +1.5% to $1,704.32, and a market cap of $204.4B.
Gold: $1,782.70
Oil (WTI): $98.30
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Ampleforth Governance Token $FORTH +53.6%
-Ellipsis [OLD] $EPS +46.7%
-Ampleforth $AMPL +40.3%
Down:
-Bounce $AUCTION -24.2%
-Wing Finance $WING -19.7%
-XYO Network $XYO -17.8%
Biggest TVL Movers
For chains, Optimism has hopped another spot upward, now #10 by TVL. It is up by 44% on the weekly. Arbitrum in spot #9 is up 15% on the weekly. Acala (#17) is up 17% on the weekly.
Protocols are mixed today. New entry to the top 20 is Venus, a lending protocol on BSC in spot #17. Synthetix has also now jumped into the top 20 at spot #19. GMX is now in spot #38 by TVL.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @defillama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The 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 yield farming aggregator on Algorand called @CometaHub is launching on August 5th.
-A protocol called @autonolas is launching. Twitter bio states “Build autonomous services with our open-source framework (today) and run them via our on-chain protocol (soon).”
-A Terra2(?) protocol called @PulsarFinance that does portfolio tracking(?) has launched.
-A new bridging protocol for the Kadena blockchain called @lagofinance has been added to @defillama. Description reads “The Lago Bridge is the first bridge built on the Kadena blockchain. It is bi-directional and supports wrapping ERC-20 tokens to Kadena.”
-New “multichain liquid staking” protocol for the Cosmos ecosystem is launching, called @stride_zone. Here’s a tweet on it from @FTPwhatsoever:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alert regarding Discord hack of @DuskBreakers.
-@andehxbt released a thread on the details of a scam to be wary of:
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)
-New crypto ETF:
-US stocks had a significant bounce in the month of July:
-@0xroborosCap has been tracking the accumulation of $LIDO by smart money and/or institutional wallets:
-@GMX_IO did a new all-time high in fee generation yesterday:
-@ftmalerts released a new livestream featuring @crypto_klay, @0xBebis_, and @nickdrakon:
-@BowTiedPickle did an excellent thread on safety re: interacting with protocols:
-@BanklessHQ released an interview with @StaniKulechov about Aave and their new $GHO stablecoin:
Conclusion
Have a good Saturday fellow degens!
And please follow/subscribe/retweet/etc if you found this helpful - we appreciate it tremendously! :)
Spotlight:
We’re partnering with our friends at @Cre8rDao to provide some good info on Radiant Capital, who @beefyfinance has now integrated with: