Happy Tuesday friends! Heck of a day yesterday and looks like we have another big one in front of us!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,904.00
Oil (WTI): $73.05
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
We’re helping raise awareness about what the gigabrains from @TimeswapLabs are up to!
Timeswap is a well-respected protocol that describes itself as “Like Uniswap - but for lending and borrowing”. Originally on Polygon, they are now live on Eth Mainnet as well!
They also just finished their much-anticipated V2 release, which is generating lots of attention…
If you are interested in learning more check out the Medium article linked in the tweet below!
Biggest TVL Movers
Chains are mostly green today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Mixin (#10), DeFiChain (#11), Kava (#12), Fusion (#16), Bitcoin (#17), Cardano (#20), and Rootstock (#29).
Protocols are extremely green today. Top 100 protocols up at least 15% on the weekly include MakerDAO (#2), Tornado Cash (#29), and Nexus Mutual (#30).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
New Protocols
(note: this includes new protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Previously-mentioned new protocol @0xAcidDAO has been added to @DefiLlama. Twitter bio states “Best dealer of top-notch LSD on @Arbitrum”.
-New protocol called @derivio_xyz getting ready to launch testnet. Twitter bio states “Derivio is an institutional-grade structured derivatives ecosystem. Permissionlessly trade, earn, & compose.”. h/t @midoji7 - make sure to give him a follow!
-New project on Arbitrum called @Lotto_Arb. Twitter bio states “$LOTTO is a Lottery Token on the #Arbitrum Blockchain 🎲♦️”.
-New protocol called @zynk_protocol. Twitter bio states “Building the Bridge to a Decentralised Future ! Get ready to experience the power of decentralized finance with Zynk Protocol”. h/t @monosarin via @FungiAlpha:
-New chain called @TheRootNetwork. Twitter bio states “A public decentralized blockchain network optimized for metaverse apps and experiences.” h/t @monosarin via @FungiAlpha:
-New on-chain betting platform called @0xBets. Twitter bio states “Decentralized on-chain Betting Platform. No more blindly trusting the house. 100% on-chain.” h/t @monosarin via @FungiAlpha:
-New Solidly-style protocol on Avalanche called @solisnekfi. Twitter bio states “SoliSnek is THE answer to Solidly on AVAX! Our aim is to become the #1 DEX providing efficiency for liquidity never before seen on these mountains we call home”. h/t @monosarin via @FungiAlpha:
-New protocol on Arbitrum called @RldFinance. Twitter bio states “The best place to manage and grow your #RealYield tokens. Don't HODL, Compound.” h/t @monosarin via @FungiAlpha:
-New protocol coming to Arbitrum called @EpicFinance_. Twitter bio states “ 🎰 On chain casino where 90% of the revenue will go to our NFT holders. 🚀 Powered by an improved OHM fork. Launching soon on @CamelotDEX”. h/t @monosarin via @FungiAlpha:
-Something new called @ShivexFinance. Twitter bio states “DEX designed for efficient trading with gamification that allows every user to earn fees even with low liquidity.” h/t @monosarin via @FungiAlpha:
-SPECIAL NOTE: Here is a link to a tweet from the mega-thread referenced on a bunch of the above, by @FungiAlpha + @monosarin. Click it below to quickly follow each of the two accounts as they are really killing it with these new protocol lists!
Security Alerts
-Euler Finance suffered an extremely unfortunate exploit today (second tweet is from a thread by Euler - click on it to view full thread):
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $5M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Numerous bank stocks had trading halted yesterday after severe price crashes:
-Biden gave speech yesterday morning on banking situation:
-Crypto mooned as bank stocks fell:
-Absolutely wild volatility in bond market:
-Today is latest CPI (inflation) report:
-@truflation live data and prediction for official print:
-Potentially telling headline from @NickTimiraos (called the ‘Fed whisperer’ because the Fed often leaks info and talking points to him):
-Reports of capital flight from smaller regional banks to large ones:
-Variety of takes on the unfolding macro situation:
-Commercial Real Estate getting increasing attention as potential next shoe to drop:
-Layoffs apparently hit highest rate since 2009:
-Several takes on the regulatory situation and Signature Bank:
-Another regulatory update:
-Solidity (EVM) dominance over 90%:
-Instagram ending NFT experimentation?
-Good thread on @LiquityProtocol and $LUSD from @DeFi_Cheetah:
-Affecting thread from @jpurd17:
-Excellent thread from @IamZeroIka:
-@Blockworks_ released two excellent videos yesterday, with former Fed insiders Joseph Wang @FedGuy12 and @DiMartinoBooth. They were recorded yesterday as well so are both up to date, and it is interesting to contrast the differences between the opinions given by the two:
-Must-watch livestream on crypto/macro situation from @noahseidman:
-Another good livestream on the unfolding macro/crypto situation, from @BanklessHQ:
-@LynAldenContact released an excellent newsletter article on the current banking situation and implications:
-Parting sentiments from @DegenSpartan:
Conclusion
Have a great Tuesday friends!
And please RT/follow/etc if you found this valuable! :)
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Note
The good gents at @NestedFi are our official sponsor for the month of March! Nested is a Social Trading protocol which lets users create portfolios and copy-trade the portfolios of other traders. It currently supports ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC.
They are building all sorts of cool stuff for 2023 so make sure to follow their Twitter account and keep a close eye on them!
Here is an example portfolio on Arbitrum from @defi_mochi: