Three-digit $ETH - crazy times fellow degens!
Data/alerts/new protocols/etc at top and some really important news/articles/etc at bottom!
Market Update
Overall crypto market cap: -5.8% to $0.881T
$BTC: -7.1% to $19,157.58
$ETH: -7.2% to $998.43
For tradfi:
S&P 500: +0.26%
Dow Jones: +0.39%
Nasdaq 100: +1.22%
Gold: $1,840.35
Oil (WITI): $110.48
Biggest Price Movers
(From @coingecko top 500)
Up:
-Tifi $TIFI +33.1%
-Litentry $LIT +27.3%
-Synapse $SYN +25.5%
Down:
-Box Token $BOX -99.3%
-Xido $XIDO -37.9%
-XCAD $XCAD -25.2%
Biggest TVL Movers
Chains all super red. Only top 100 chains in green on the weekly are a few microcaps (under $20M TVL): Ontology, Meter, Ergo, Ultra, and Songbird.
For top TVL protocols, MakerDAO is the least bad on the weekly, at -15.83%.
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 brand new “arbitrage protocol” on Solana called @ArbProtocol is launching.
-@AlfProtocol, a “leveraged liquidity and lending” platform on Solana, has delayed their launch due to market conditions.
-A derivatives platform called @cega_fi is scheduled to launch on ETH Mainnet five days from now (June 23rd).
-@SharkSwap_xyz- a new dex on the SX network, has been added to @defillama.
-Newish protocol @Tangent_Finance, an AMM on Hedera, has been added to @defillama.
-Previously-mentioned newish protocol @InterestDefi has been added to @defillama.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-Overcollateralized stablecoin $MIM has depegged:
-$USDD at .969 vs USD.
-$stETH at .938 vs $ETH.
-@PeckShieldAlert released alerts relating to $TREEB token flash-crashing 40%.
-@certiKAlert released alerts relating to the Discords of @DuppiesNFT and @OakParadiseNFT and @totemearth and @TastiesNFT, as well as scammers infiltrating the @Orion_Protocol telegram.
@AlgoScout released warnings related to rugpulls on microcaps $JOKE, $COLOS, and ‘Algowaves’ $WAVES.
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)
-A thread from @autismcapital sparked intense debate on Abracadra and $MIM today. The below tweet from @markjeffrey links to the most engaged-with rebuttal to the original thread, from @crypto_condom, which in turn links to the original thread:
-Voyager takes $200M loan from Alameda due to current market conditions:
-More contagion from 3AC situation:
-A very popular Twitter spaces took place today hosted by @twobitidiot, which included numerous important individuals within the crypto space. Here is a thread of notes on it from @fintechintern:
-@TaikiMaeda2 released an excellent video going over the situation in crypto right now, and some of the protocols and opportunities he’s still bullish on:
-On the Macro front, Brent Johnson @SantiagoAUfund appeared on @blockworks_ podcast with @MacroAlf to discuss the current world economic situation:
Conclusion
Hang in there frens!
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