The weekend is here friends! Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -0.1% to $0.993T
$BTC: +0.7% to $21,525.71, and a market cap of $410.9B.
$ETH: +0.4% to $1,215.12, and a market cap of $145.2B.
For tradfi:
S&P 500: -0.06%
Dow Jones: -0.16%
Nasdaq 100: -0.13%
Gold: $1,742.60
Oil (WTI): $102.70
Biggest Price Movers
(From @coingecko top 500)
Up:
-BoringDAO [OLD] $BOR +75.2%
-Unifi Protocol DAO $UNFI +23.9%
-Hifi Finance $MFT +21.3%
Down:
-flexUSD $FLEXUSD -20.0%
-PlatonCoin $PLTC -18.2%
-TiFi $TIFI -14.1%
Biggest TVL Movers
For chains, Tron is now up over 50% on the weekly, and less than 10% away from overtaking BSC for the #2 spot by TVL. Solana and Near are up over 10% on the weekly.
Top protocols are considerably more green than top chains, a phenomenon we are seeing almost every single day lately. Lido is up over 17% on the weekly. Sushiswap is finally seeing its downward growth arrested, and is up over 10% on the weekly. Liquity is up over 24% on the weekly. Synthetix continues to grow, up over 14% on the weekly.
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)
-An interesting protocol called @projection_defi is ‘Coming Soon’. Twitter bio states “Simulate DeFi actions, yield strategies, price increases or decreases and visualize the result and influence on any portfolio.” (via general Twitter research)
-A new ‘yield aggregator’ on Astar called @Avault_Astar has been added to @defillama.
-A very interesting NFT AMM called @sudoswap has just announced their prospective launch:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released hackings alert re: Discords of @YokaiVerseIO and@FlowerGirlsNFT and @Dope_Ape_NFT and @GatorRaidNFT and @theprojectINO, and a flash-crash/rugpull/exploit(?) on @DayofrightsDAO $AMO.
@Wallet_Guard released an alert re: Mutant Cartel @franklinkisbored.
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)
-Canada saw a massive internet/phone/financial blackout today:
-Tether CTO @PaoloArdoino responded to discussion regarding Tether’s loan to Celsius that came to light via the lawsuit against Celsius that was filed yesterday:
-More 3AC fallout:
-@santiagoroel appeared on @theempirepod and discussed the implications of @MakerDAO venturing into RWA (real world assets):
-@gmx_io looks poised to release their synthetic markets sometime soon:
-A ‘sports betting market’ AMM that seems to be associated with some well-respected existing protocols is being built on @OptimismPBC:
-@CurveCap released an excellent Substack + video on the ongoing stablecoin renaissance and new stables being developed by established protocols like Aave and Curve:
Conclusion
Have great Saturday!
And please follow/subscribe/retweet/etc if you found this helpful! :)