Happy Tuesday ya’ll! The carnage continues…
Data/alerts/etc at top and more important news/articles/videos at bottom!
Market Update
Overall crypto market cap: -3.8% to $0.967T
$BTC: -7.6% to $22,241
$ETH: -3.6% to $1,200
For tradfi:
S&P 500: -3.86%
Dow Jones: -2.80%
Nasdaq 100: -4.65%
Gold: $1,826.26
Oil (WITI): $121.83
Biggest Price Movers
(From @coingecko top 500)
Up:
-Celsius $CEL +69.2%
-Unifi Protocol DAO $UNFI +44.3%
-Marlin $POND +44.2%
Down:
-Chain $XCN -55.6%
-Metal $MTL -20.6%
-Safemoon $SFM -15.9%
Biggest TVL Movers
For chains, Parallel $PARA and Waves $WAVES were the only top 12 ones in green for TVL today.
For protocols, Frax $FXS has been climbing and is only about 12% away from hitting the top 12. Also Serum $SRM was up 113% today for some reason.
Conversely, Tokemak $TOKE is down 63.53% on the weekly, Sun.io $SUN is down 50% on the weekly, and Tulip $TULIP is down 51.85% on the weekly, making them the three worst performers among top 100 protocols.
Top 12 Chains By TVL (from @defillama):
Top 12 Protocols By TVL (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
New Protocols/Yield Farms
(note: this is checked via a variety of sources (listed below when used) and general Twitter research - note: this excludes Tomb forks and reflection tokens and tries to only include at least semi-legitimate defi-oriented stuff, but DYOR)
-A new(ish) stableswap protocol called @FerroProtocol on Cronos has been added to @DebankDefi.
-Something called @CryptoBlocksDAO is launching today on Ethereum Mainnet (via @apeoclock).
-Something called @aegisaudits is launching on BSC (via @apeoclock).
-New lending protocol is launching today called @InterestDefi (via Twitter research). @ceazor7 released a video on it today as well so will post that below:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$stETH is now at .934 vs $ETH (though again this isn’t supposed to be a strict peg), and $USDN is at .967 vs USD.
-@PeckshieldAlert released alerts relating to hacked Discord of @KnownOrigin_io, and a 99% collapse on something called $CHAIN.
-@certikalert released alerts relating to the Discords of @TheUncannyClub, and scam account @Shentu_Airdrop on Twitter, and some kind of incident on @fswap2021 exchange.
-Celsius’ liquidation price on the MakerDAO vault has been going lower and lower as they post collateral. We can’t find any references to it lower than $16.8k so presuming that is still where its at:
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)
-Former Federal Reserve employee and Fed policy expert Joseph Wang @fedguy12 is stating that the Federal Reserve will hike 75 bps this Wednesday instead of 50 as they had previously implied before this week’s inflation print:
-Raoul Pal @RaoulGMI is buying the dip:
-Macro commentators are continuing to highlight the uniquely destructive macro climate we are in:
-@CurveFinance is apparently going to be releasing a stablecoin called $crvUSD (more on this and other stuff in CurveFinance newsletter below):
-Arthur Hayes @cryptohayes released a thread on potential impending liquidations:
-For those interested in macro/the Fed/stocks/etc, @blockworks_ released an excellent video yesterday featuring @jessefelder:
Conclusion
Stay safe out there frens!
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