Happy Sunday friends! Tradfi markets are closed but crypto never sleeps :)
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,978.20
Oil (WTI): $69.26
Stocks: N/A
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 mixed today. Top 30 chains up at least 10% on the monthly include Arbitrum (#4), Mixin (#9), Kava (#13), Bitcoin (#15), Ronin (#24), and Rootstock (#27).
Protocols are mixed today as well. Top 50 protocols up at least 15% on the monthly include Lido (#1), Aave (#3), Coinbase Wrapped Staked Ethereum (#9), Liquity (#17), Bwatch (#29), Nexus Mutual (#31), and Ankr (#45).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama - note: no minimum TVL on this one):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: minimum $1M TVL):
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 called @GaloSwap. Twitter bio states “The first innovative DEX & NFT marketplace built to enhance liquidity using ZK-Rollups for optimal security and scalability.”
-Something new called @array_capital. Twitter bio states “Arbitrum's #RealYield Launchpad Integrated DEX & Venture Fund. $Array”. h/t @ShivanshuMadan:
-New project called @kreatorland. Twitter bio states “Click-Launch-Mint NFTs for Artists on @zksync Era. NFT launchpad & Marketplace”.
-Something new called @DeOrderBook. Twitter bio states “🪐 A truly trustless optionality protocol that aims to decisively solve the problems of ponzinomic yield, oracles, and capital inefficiency in DeFi options”.
-Something on Sui called @Flame_Protocol. Twitter bio states “The Flame Protocol is built on SUI💧. Leading AMM/DEX and protocol.🔥”.
-Something new on Arbitrum called @OstiumLabs. h/t @AresLabs_xyz:
-Something on Polygon called @jade_exchange. H/t @AresLabs_xyz:
-Something called @CadenceProtocol on Canto. Twitter bio states “A Symphony of Next Generation Decentralized Perpetuals. Built on Canto by ex-ConsenSys, Kraken & Amazon devs Launching Soon.” Also h/t @AresLabs_xyz - make sure to give them a follow!
-Previously-mentioned @arbidex_fi has been added to @DeBankDefi. Again, Twitter bio states “💵REAL YIELD - EARN 100% PROTOCOL FEES in $BTC $ETH $USDC 💰Dual Farm Rewards Kyc'd, Audited & Doxxed $ARX - 0xD5954c3084a1cCd70B4dA011E67760B8e78aeE84”.
-Something called @smolmoney apparently linked to DefiLlama-affiliated @Tendeeno_. Twitter bio states “smol money is coming soon :)”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Macro crisis continues:
-$JOE update from @Delphi_Digital:
-Euler hack updates:
-Significant amount of Arbitrum airdrop still unclaimed (from excellent thread by @DeFiMoon):
-$USDC market cap falling, $LUSD growing, h/t @CamiRusso:
-Another very thorough thread from @0xsurferboy, on Ordinals:
-@lookonchain publishing lots of interesting data re: Arbitrum airdrop:
-Next Bitcoin halving approaches (from good thread by @DefiForMasses):
-Excellent thread from @RaoulGMI:
-Interesting thread on the European banking crisis from @jnordvig:
-Excellent thread from @Louround_:
-Shanghai update from @IAmZeroIka:
-Sentiments, c/o @TheDEFIac:
-Thoughts, c/o @lemiscate:
-Good video from ‘Dollar-Milkshake’ originator Brent Johnson’s new YouTube channel, @MilkshakesPod:
-Good new video from @thebellcurvepod, featuring @MikeIppolito_ and @pythianism discussing the latest in crypto and macro:
-Latest crypto news overview from @laurashin at @unchained_pod:
-Parting wisdom from @LouisCooper_ and @senpaislug:
Conclusion
Have a great Sunday friends! Another big week coming up!
And please RT/follow/etc if you found this valuable! :)
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Note
As noted in yesterday’s Spotlight section, our friends at @NeutraFinance continue building hard within the Arbitrum ecosystem…
Again, 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 make sure to follow their Twitter account and check out the excellent thread below from @pt1mfv_ on their latest announcement: