Greetings fellow degens! Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: +3.9% to $0.943T
$BTC: +4.6% to $20,504.07
$ETH: +7.9% to $1,128.15
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,840.50
Oil (WITI): $109.73
Biggest Price Movers
(From @coingecko top 500)
Up:
-Synthetix $SNX +70.1%
-GXChain $GXC +57.6%
-Anchor Protocol $ANC +40.0%
Down:
-Hoo $HOO -10.5%
-Rari Governance Token $RARI -9.6%
-Litentry $LIT -7.1%
Biggest TVL Movers
46 of the top 50 chains are green on the day. Elrond and Theta have both bounced back a bit from their TVL losses, as the top two gainers on the week among the top 50, both over +10%.
For protocols, Synthetix is up 35% on the weekly. Serum is up 28.7%. Tokemak is up over 25% on weekly, as is Elrond’s Maiar Exchange.
Top 12 Chains By TVL (from @defillama):
Top 12 Protocols By TVL (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
New Protocols/Yield Farms
(note: this is checked via a variety of sources (listed below when used) and general Twitter research - note: this excludes Tomb forks and reflection tokens and tries to only include at least semi-legitimate defi-oriented stuff, but DYOR)
-A new ETH Mainnet protocol called @AquasisProtocol is launching. Description says it is “DeFi protocol offering principal-protected payment solution, will allow the users to finance their recurring services like subscriptions or memberships by simply depositing USDC tokens for earning regular yields.” (via @apeoclock)
-Some BSC P2E game called @XMetaverse_ is apparently launching. (via @apeoclock)
-A “Yield Farm” on Fantom called @polarlightdefi is reportedly stealth launching in the next several hours. (via @apeoclock)
-Another new protocol on Fantom is apparently launching (or recently launched) called @ProtocolZest. Twitter bio states “Earn zesty yields without impermanent loss on your favorite blue-chip assets. Harness the power of fractional synthetic assets backed by collateral.” (via general Twitter research)
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$USDN depegged to around .95 vs USD today.
-@PeckshieldAlert has reported that @StepUp2Games has rugged.
-@certiKAlert released alerts relating to suspicious (phishing?) url dapp-eth[dot]space.
-@PeckShieldAlert reporting more whale activity/balances/liquidations:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @stableyields, @defillama ($1M+ TVL-only), and @stable_fish)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-The saga with Solana lending protocol @solendprotocol taking control of the funds of its giant whale depositor to avoid huge losses when it is liquidated into an illiquid on-chain market continues. Apparently a second vote has passed and the plan has been delayed(?). Tweet from Solend team:
-Tether has stated it will engage a full-audit with a top 12 accounting firm:
-Voyager has apparently taken a $500M loan from Alameda to boost its liquidity amid the extreme market volatility:
-The contagion seemingly spread on-chain today when Bancor halted its Impermanent Loss protection:
-Perennial CT-favorite @GCRClassic- who successfully called the top late last year and also won $10M against Do Kwon betting on Luna’s demise, tweeted out thoughts on the market making a local bottom:
-Sam Kazemian- founder of @fraxfinance- appeared on the @DefiantNews podcast and gave a wide-ranging interview on his own protocol and the overall market:
Conclusion
Here’s to a good week frens!
Please follow + subscribe + retweet if you found this useful! It is appreciated tremendously!