Greetings and happy 4th of July to our American frogs!
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: +1.7% to $0.919T
$BTC: +2.4% to $19,591.26
$ETH: +1.8% to $1,080.63
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,804.38
Oil (WTI): $108.3
Biggest Price Movers
(From @coingecko top 500)
Up:
-aelf $ELF +33.1%
-Prometheus $PROM +27.6%
-Request $REQ +22.1%
Down:
-Wrapped NXM $WNXM -20.5%
-Stratis $STRAX -16.6%
-AscendEx $ASD -11.4%
Biggest TVL Movers
For chains, Cronos has jumped to +39% on the daily between when we took the below screenshot and when we are typing this, so not sure what’s going on there. On the weekly for top 20 chains the biggest TVL losers are Arbitrum at -18.28% and Fantom at -13.50%. Tron is up 16.91% on the weekly.
For protocols, Arrakis has leapfrogged Frax into the 11th spot by TVL. Also Alpaca Finance has been showing consistent growth and is now the 25th biggest protocol by TVL. Also, we have noticed that the top protocols by TVL have consistently been much greener than the top chains of late, so not sure if that suggests consolidation or what.
Here’s The Top 12 Chains By Weekly TVL (from @defillama):
Here’s The Top 12 Protocols By Weekly 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 protocol has launched on Astar Network called @SiO2_Finance. Twitter bio states “The first Astar-native, multi-VM lending hub with one-click short position and one-click flashloan features.” (via general Twitter research)
-@acadexnetwork is having its IDO on @ACYFinance. Twitter bio reads “World’s Pioneering Decentralized Education Network intoducing blockchain’s first Proof of Knowledge Consensus (PoK)”. (via general Twitter research)
-A new “Web3 Social Network App with inbuilt SportsFi and SocialFi” has launched called @PalmareOfficial. (via general Twitter research)
-A Polkadot oracle network called @AresProtocolLab is preparing for its Mainnet Launch. (via general Twitter research)
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released warnings related to the Discords of @HALONFTOFFICIAL and @HENI, and some massive issue (exploit? rugpull?) on @PolyWantsAFarm.
-The Twitter and YouTube accounts of the British Army (the literal British Army) were hacked today for the purpose of NFT scamming. (via @guardian)
-@PeckShieldAlert reported that there was a rugpull on @Nody_ai $NODY.
-Optimism NFT marketplace @quixotic_io was exploited today:
-Alert from @PeckShieldAlert:
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)
-Another cefi platform suspends withdrawals:
-Tether $USDT is now trading at a 6.6% premium in Argentina due to fears over economic duress and inflation:
-Stocks and crypto continue to post massive declines this year:
-@Wii_Mee released a thread on evolving security best practices and a particularly dangerous attack vector virtually all defi users could encounter:
-More stats on the beleaguered US economy:
-The ENS domain 000.eth just sold for 320k:
-@SalomonCrypto released an excellent thread on @Synthetix_io and its recent growth:
Conclusion
See you tomorrow friends!
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