Greetings friends! Another brutal day in markets and lots of important stuff going on…
Data/alerts/etc at top and news/articles/videos at bottom as always!
Market Update
Overall crypto market cap: -4.9% to $1.15T
$BTC: -4.2% to $27,524
$ETH: -6.3% to $1,469
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,871.46
Oil (WITI): $120.49
Biggest Price Movers
(From @coingecko top 500)
Up:
-Flamingo Finance $FLM +61.2%
-Celsius $CEL +18.6%
-Poolotto.finance $PLT +18.1%
Down:
-Nexus $NXL -88.1%
-Band Protocol $BAND -24.5%
-Fantom $FTM -22.8%
Biggest TVL Movers
Pretty much all chains down today.
Worst performers among top 50 this week are Oasis $ROSE at -77%, and Elrond $EGLD at -38%.
For protocols, Pancakeswap actually gained tvl today somehow, and is barely down on the weekly. Arrakis $SPICE, Stargate $STG, Atrix, Euler, Frax $FXS, Sushiswap $SUSHI, and JustLend $JST are the only top 50 protocols up on the weekly.
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)
-New AMM has launched on Kava (EVM-compatible) chain, twitter is @jupiter_swap.
-Something called @CarbonicFinance that is apparently “an algorithmic stablecoin project that integrates tokenized carbon credits” is launching on Polygon today.
-The official @NEARProtocol twitter account had a big announcement about a new “entertainment franchise” launched in concert with the actress Mila Kunis called @armoredkingdom (?)
-An “Efficient liquidity standard for staking and crowdloan assets” has launched on Polkadot’s @AcalaNetwork (it might have already been on other Polkadot chains but not sure so including it).
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@PeckshieldAlert released alerts relating to the Discord of @parallelNFT being compromised.
-@certikalert released alerts relating to the Discord of @goatsocietynft, @rftpclub, @Dynamo_Coin, @NFTCatcher, @SolAngelSolana, and @GooniezNFT; and a rugpull on $HEGE coin.
-Fantom whale “Roosh”, who famously got liquidated massively a month or so ago, has been nearing liquidation again:
-More warnings from Yuga Labs for users to be wary of scams:
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)
-@cobie released an excellent Substack on $stETH situation:
@resdegen has been analyzing losses sustained by some of the biggest whale wallets so far this year:
-As currency problems in Japan and sovereign debt problems in Southern Europe start to flare, the US is witnessing a massive discoupling of inflation and bond yields:
-Rumors and debate re: Celsius’s solvency continue to dominate Twitter:
-The US bond market is on track for its worst year in history:
-On a positive note, long-term Chainlink fans are showing renewed bullishness:
Conclusion
That is everything for today friends!
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