The Ides of June are here fellow degens… The carnage continues!
Data/alerts/etc at top and lots of important news/articles/etc at bottom!
Market Update
Overall crypto market cap: -5.0% to $0.938T
$BTC: -4.3% to $21,113
$ETH: -5.5% to $1,115
For tradfi:
S&P 500: -0.25%
Dow Jones: -0.42%
Nasdaq 100: +0.18%
Gold: $1,819.88
Oil (WITI): $117.71
Biggest Price Movers
(From @coingecko top 500)
Up:
-Celsius $CEL +92.6%
-Rari Governance Token $RGT +71.7%
-Chain $XCN +48.4%
Down:
-Railgun $RAIL -21.9%
-Fetch.ai $FET -20.9%
-Sun Token $SUN -19.1%
Biggest TVL Movers
For chains, there is carnage, as one would expect. Not a single dot of green on the daily or weekly or monthly for the top 10 by TVL.
Literally the only $1M+ TVL chain with positive growth on the weekly is @OntologyEVM $ONG. The other 91 of them are all red.
Protocol data is similar. Only top 100 protocols with positive TVL growth this week are @ArrakisFinance $SPICE and @TempleDAO $TEMPLE.
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)
-@CryptoBlocksDAO presale is going on today (from @ApeOClock)
-Something called @imperialfinio is launching on BSC (from @ApeOClock)
-New protocol @PenroseDefi ($16.9M TVL) that we previously mentioned is now trackable on @DebankDefi.
-Newish BSC protocol (dex?) Orbitalswap aka @TYTANFI is now trackable on @DebankDefi.
-Newish Avalanche dex/yield farm @SwapsicleDEX ($2.5M TVL) has been added to @defillama.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$USDD and $USDN are still slightly depegged (within 5%) of USD.
-@PeckshieldAlert released alerts relating to hacked Discord of @TheSphynxUs, and a fake ‘CelsiusSwap’ token $CEL.
-@certikalert released alerts relating to the Discords of @citadelpm and @DegenIslands and @FudBoisNFT, and large and/or suspicious drops in prices for tokens called $SUN and @huhtoken. They also released an alert encouraging people to read this thread on a malicious actor in the space:
-@PeckshieldAlert has been tweeting various large liquidations reportedly connected to crypto fund 3AC (more on them below in news):
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)
-Well-known crypto fund 3AC made big news today with rolling liquidations and reports of severe liquidity issues:
-Japan’s currency/bond crisis is worsening:
-The European Central Bank is doing an emergency meeting as a result of sovereign debt issues popping up within the Eurozone:
-Infamous Fantom project ‘Tomb Finance’- which spawned the massive phenomenon of ‘Tomb Forks’ across nearly every chain over the last 9 months, has officially discontinued its peg to $FTM [screenshot from Tomb Discord via @deficryptofarm]:
-Stablecoin dominance (stables as a % of overall crypto market cap) are hitting new highs:
-Tether and its CTO @paoloardoino spoke out today in regards to speculation over their reserves:
-The MarketCapping podcast @MarketCapping released a video of hosts @dcfgod and @SmallCapScience interviewing @0xSami_ from Redacted Cartel, delving into the current state of defi:
Conclusion
Hang in there fellow degens!
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