The Daily Degen - March 22nd, 2023
The Daily Degen - March 22nd, 2023
All of today's news/data/alerts...
Happy Wednesday and happy FOMC (rate-hike) day degens!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,940.40
Oil (WTI): $69.07
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
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!
Biggest TVL Movers
Chains are mostly green today. The top gainers on the weekly with at least $1M TVL are Map at $1.29M TVL and +113%, Starknet at $2.44M and +42.19%, and Obyte at $1.73M and +31.30%.
Protocols are also mostly green today. Biggest gainers on the weekly with at least $1M in TVL are Ramses Exchange on Arbitrum at $63.58M TVL and +18,878%, GrizzlyFi on BSC at $15.73M and +1,017%, and SmartDex on Eth Mainnet at $10.5M and +336%.
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 Chains By Stablecoin Inflows Over The Last 7 Days (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!)
-New protocol on BSC called @SakaiVault has been added to @DefiLlama. Twitter bio states “Decentralised Perpetual Exchange. Gain exposure to a variety of assets with up to 25x leverage and deep liquidity.”
-A new dex on Loop Network called @ZukeSwap has been added to @DefiLlama. Twitter bio states “A Decentralized Exchange on #LoopNetwork”.
-Something called @Etherwars_ on Arbitrum. Twitter bio states “Ether Wars is a risk-to-earn arena style PvP game developed on #Arbitrum”. h/t @AresLabs_xyz:
-Previously-mentioned @OnyxProtocol has been added on @DeBankDefi (ETH Mainnet). Again, Twitter bio states “Earn, borrow, and build with #OnyxProtocol, a fully decentralized cross-token liquidity market powered by $XCN that supports NFTs and crypto.”
-Newish protocol on Waves called @puzzle_lend has been added to @DefiLlama. Twitter bio states “Puzzle Lend is the safest Lending Protocol built on the Waves blockchain 🧩”.
-Previously-mentioned @MantisSwap has been added to @DefiLlama. Again, Twitter bio states ‘Single-sided AMM for trading pegged assets on @0xPolygon by Mantissa Finance”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ 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)
-FOMC (Fed rate hike announcement) today:
-Official numbers on which Arbitrum protocols will be receiving what size airdrops are apparently out:
-Banking crisis updates:
-Significant TVL inflow to @Starknet:
-Circle/USDC update:
-Interesting stat from excellent thread of current market data from @LDNCryptoClub:
-Geopolitical/USD update:
-Great thread on Arbitrum airdrop from @OlimpioCrypto, with lots of interesting data/info:
-Another good thread on Arbitrum airdrop, focusing specifically on current OTC action of people selling their airdrop allocations, from @cole0x:
-More Arbitrum token OTC data, from @avocado_toast2:
-Europe update:
-Good thread from @ed_Nuward about @zksync, which has been getting a lot of attention as of late due to its potential airdrop:
-Euler Finance hack situation continues to get more convoluted:
-Video on banking crisis from @Blockworks_:
-@BanklessHQ interviewed @balajis about the recent publicity he’s been generating:
-New protocol breakdown from @ceazor7:
-New video from @drakeondigital discussing a number of ‘real yield’ style protocols:
-Parting wisdom from @schizoxbt and @crypto_linn:
Conclusion
Have a great Wednesday friends and stay alert today lest Powell try to rug us :)
And please RT/follow/etc if you found this valuable! :)
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Note
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