Start of a big week fellow degens!
Data/alerts/new protocols/etc at top and news/articles/etc at bottom as always!
Market Update
Overall crypto market cap: -0.9% to $1.00T
$BTC: -1.4% to $21,351.26
$ETH: -3.4% to $1,222.67
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Gold: $1,827.00
Oil (WITI): $107.60
Biggest Price Movers
(From @coingecko top 500)
Up:
-Terra Classic USD $USTC +73.9%
-Atlas USV $USV +64.1%
-Stacks $STX +23.2%
Down:
-BoringDAO [Old] $BOR -48.4%
-Celsius Network $CEL -20.3%
-TrueFi $TRU -14.6%
Biggest TVL Movers
Chains are pretty flat today. For interest sake, there are currently 31 chains with at least $100M TVL, and 91 chains with at least $1M TVL.
For protocols, there are 83 with at least $100M TVL, and 315 with at least $10M TVL (there are too many to even figure out for $1M+ TVL).
Top 12 Chains By TVL (from @defillama):
Top 12 Protocols By TVL (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
New Protocols/Yield Farms
(note: this is checked via a variety of sources (listed below when used) and general Twitter research - note: this excludes Tomb forks and reflection tokens and tries to only include at least semi-legitimate defi-oriented stuff, but DYOR)
-Something called @Crema_Finance is launching. Twitter bio states it is the “1st Concentrated Liquidity Protocol on Solana”. (via general Twitter research)
-Something called @YIELDTREES is launching tomorrow (on Avalanche it looks like). Twitter bio states “Reforesting the world with DeFi & providing a sensible investment.” (via general Twitter research)
-A perpetuals protocol is launching on Cosmos called @VortexProtocol. (via general Twitter research)
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@XCarnival_Lab suffered an exploit today as per @peckshield.
-$USDD is depegged at .9775 vs USD.
-$flexUSD is depegged at .918 vs USD.
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)
-Massive layoffs continue among cefi crypto companies:
-@ChainLinkGod offered advice on what to do if you have money in Bancor- which is one of the few on-chain protocols to have been affected by the 3AC/Celsius/etc contagion, due to its novel “Impermanent-Loss Protection” mechanism:
-California lawmakers may soon be sending people money to combat inflation:
-Popular FinTwit account @NorthmanTrader published a very long, very in-depth thread breaking down the current macroeconomic landscape:
-Two significant votes involving @FraxFinance are finishing up today. One, within Frax itself, on whether to buy back $20M worth of $FXS tokens, and one on @CurveFinance to make FRAX/USDC a “basepool” like 3CRV (see below).
-Inflation in Europe is continuing to trend upward:
Conclusion
Get after it this week gents!
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