Happy Friday sers!
Big macro catalyst today (articles/links at bottom as always!)
Market Update
Overall crypto market cap: -1.2% to $1.29T
$BTC: -0.6% to $30,069
$ETH: -1.7% to $1,774
For tradfi:
S&P 500: -2.35%
Dow Jones: -1.94%
Nasdaq 100: -2.68%
Gold: $1,842.30
Oil (WITI): $121.86
Biggest Price Movers
(From @coingecko top 500)
Up:
-Polkastarter $POLS +40.4%
-LCX $LCX +27.9%
-MrWeb Finance $AMA +26.4%
Down:
-Stepn Green Satoshi Token Solana $GST-SOL -30.2%
-Celsius $CEL -22.4%
-Veritaseum $VERI -18.9%
Biggest TVL Movers
There are currently no chains with $1M+ TVL that are green on all three of the daily/weekly/monthly.
For major protocols, sun.io $SUN and Arrakis Finance $SPICE continue to see big gains.
For smaller protocols, Beluga $BELUGA, Primitive, LlamaPay, and Credix (no token symbols given for those last three) are among the biggest gainers over the last week.
Top 12 chains by tvl (from @defillama):
Top 12 protocols by tvl (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
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 Move2Earn token called @Pyramid_Eco is launching on BSC (via @ApeOClock)
-A yield farm(?) called @banksy_dao is launching on Fantom (via @ApeOClock)
-A new(?) stablecoin platform called @KinesisLabs on Evmos has been added to @debankdefi
-@spin_fi a derivatives platform on Near has been added to DefiLlama (unsure of age of this one but seems relatively new at least)
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@PeckshieldAlert released alerts relating fake phishing site attempts using url’s endofsartoshi[.]com, and trolltownnft[.]com.
-The Nansen AI Discord has apparently been compromised:
-There is intense discussion on Twitter about the potential for worsening of the $stETH/$ETH peg, and its implication for companies like Celsius that have large $stETH positions, and as an opportunity for those seeking a (staked) $ETH position at a discount to spot price.
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)
-Today’s U.S. CPI (inflation) numbers just came in seconds ago at slightly higher than expected, which may be a big macro catalyst on asset prices today:
-Private swaps are apparently now available on ETH L1, BSC, and Polygon thanks to some new tech:
-More info on the Wintermute/Optimism 20M loss/exploit/situation, from @RektHQ:
-Some hopium from Fidelity CEO:
-@TaikiMaeda2 released an excellent video on some of the recent disasters and shenanigans in the world of defi:
Conclusion
That is everything for today friends!
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