Happy Sunday fellow frogs! Here’s what’s going on today!
Market Update
Overall crypto market cap: +0.1% to $1.15T.
$BTC: -0.9% to $23,812.78, and a market cap of $455.0B.
$ETH: +0.6% to $1,717.14, and a market cap of $205.9B.
Gold: $1,765.22
Oil (WTI): $98.62
Stocks: N/A
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-BTC Standard Hashrate Token $BTCST +155.4%
-Numeraire $NMR +41.2%
-Pundi X $PUNDIX +35.8%
Down:
-Ampleforth $AMPL -16.7%
-Doge Killer $LEASH -11.0%
-Ampleforth Governance Token $FORTH -10.8%
Biggest TVL Movers
For chains, TVL is pretty flat today, but 17 of the top 20 chains are green on the monthly (only exceptions are Waves, Kava, and Aurora).
For protocols, 89 of the top 100 by TVL are green on the monthly.
For stablecoins, which we only include once per week (on Sunday) since their stats don’t change a lot, we have $DAI (#4 by TVL) gaining 10.5% on the monthly, and Frax (#5) gaining 7.9%, and $MIM (#12) gaining 14.6%.
Here’s The Top 12 Chains By TVL (from @defillama):
Here’s The Top 12 Protocols By TVL (from @defillama):
Here’s The Top 12 Stablecoins By Market Cap (from @coingecko):
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 multichain managed(?) yield aggregator called @LeechProtocol is working towards launching.
-A stablecoin protocol built on Aptos is working towards launching:
-A new protocol called @starksheet that’s followed by several gigabrain mutuals is launching. Twitter bio states “A spreadsheet built on StarkNet: each cell is a dynamic NFT and each sheet is a collection. Cell as a NFT brings granular cell ownership and unlimited data.”
-A new L1 called @AleoHQ is working towards launch:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued an alert regarding a Discord hack of @EpoLabs.
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 - 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)
-Millennials’ net wealth has more than doubled since 2018:
-Total daily ETH Mainnet gas fees are only 5% of what they were in November:
-Data from truflation suggests inflation may start declining a bit:
-Lido Finance $LDO is up over 400% off its lows, and Optimism $OP is up over 300% off its lows:
-Noted crypto personality @cryptohayes is continuing to accumulate $GMX:
-Noted Fantom yield aggregator @LiquidDriver is on its way to being multichain:
-@coinbureau drew attention to a very interesting evolution in the fight against scammers/etc within crypto (if video won’t play in Substack embed then just click tweet to see it):
Conclusion
Have a good Sunday fellow degens! Tomorrow’s the start of another big week :)
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. Here’s a video The Calculator Guy @phtevenstrong did on them several days ago: