Happy Friday degens! Quite a day yesterday!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,986.90
Oil (WTI): $68.60
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Our friends at @NeutraFinance are hard at it building within the Arbitrum ecosystem!
Neutra is a very cool protocol that has built a delta-neutral GLP strategy utilizing @GMX_IO, as well as a ‘RealYield’ focused tokenomics setup.
We are helping boost awareness about them, so if you are a yield enjoyoor or Arbitrum maxi make sure to follow their Twitter account and check out their latest announcement below!
Biggest TVL Movers
Chains are mostly green today. Top 30 chains up at least 15% on the monthly include Arbitrum (#4), Kava (#13), Bitcoin (#15), and Rootstock (#27).
Protocols are mostly green today as well. Some notables include Alpaca Finance (#24) at +58.80% on the weekly, Morpho (#31) at +56.00% on the weekly, BiSwap (#40) at +31.84% on the weekly, and Camelot (#68) at +45.87% on the weekly.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (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 Starknet dex called @SithSwap has been added to @DefiLlama. Twitter bio states “Next-gen #AMM on #StarkNet by @StarkWareLtd feat. stable + volatile swaps with ultra-low fees & slippage, gauged (3,3) rewards, bribes and #veNFT”.
-New protocol called @KokomoFinance has been added to @DefiLlama. Twitter bio states “🌈Kokomo Finance, an open source and non-custodial lending protocol on Optimism.”
-Previously-mentioned @volta_protocol has been added to @DefiLlama. Twitter bio states “Overcollateralized stablecoin protocol that enables users to borrow VOLT by staking GNS (voltGNS) and gDAI, with 0% interest loans. voltGLP and voltGMX coming”.
-Previously-mentioned @SatinExchange has been added to @DefiLlama. Again, Twitter bio states “The Flywheel of Liquidity and Stable Yield on Polygon. Ve(3,3) reimagined. Decentralized AMM.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ TVL, single-exposure, and no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Arbitrum completed their much anticipated airdrop yesterday:
-Do Kwon was reportedly arrested in Montenegro yesterday:
-Macro updates:
-$ETH deflation continues, h/t @cited:
-@truflation’s live Chainlink-powered inflation meter dropped below 4% for the first time:
-Interesting data from a thread by @ConorRyder:
-Bank of England does rate hike:
-Optimistic take on Coinbase Wells Notice situation from @dwr:
-The Arbitrum airdrop has ignited fierce interest in future airdrop possibilities. We don’t include many airdrop threads here because its hard to do due diligence on them and they typically contain lots of links, but our friend @CryptoShiro_ just released a great thread of threads/info/resources that is a good starting off point if you’re interested in the subject (again - be really careful with this stuff though and do your due diligence):
-Very cool tweet re: Ethereum history from @avsa:
-Very interesting article/news from Wyoming (although it sounds like they are just in the early stages of discussing it rather than actually doing it):
-Sentiments from @thedefiedge:
-Second half of @CryptoKoryo’s deep dive into the ‘Gamble-Fi’ narrative:
-New video from @Ceazor7 on Beethoven Finance’s updated tokenomics/design:
-Very in-depth video on banking crisis for our most hardcore macro fans, from @Blockworks_:
-Bankless just released a video going over all of the top stories right now in crypto:
-New @FlywheelDeFi video on Arrakis Finance:
-Parting wisdom from @ApeDurden:
Conclusion
Have a great Friday friends and keep hard at it!
As always please RT/follow/etc if you found this valuable! :)
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Note
The Chadish gents over at @NestedFi are our official sponsor for the month of March!
Nested is Social Trading protocol currently on Arbitrum, Avalanche, BSC, ETH Mainnet, Optimism, and Polygon.
It lets users create and actively trade portfolios, copy-trade other investors/traders, create easy DCA strategies, and more!
They are rolling out all kinds of updates so make sure to follow them on Twitter and give their platform a try!
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