Happy Tuesday friends! Lots of stuff going on today!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,845.40
Oil (WTI): $80.23
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The gents at @pendle_fi have been making all kinds of noise since their Arbitrum launch last week!
Again, Pendle is a yield and derivatives protocol that allows for a variety of gigabrained defi strategies, and they just launched on Arbitrum after having been on Eth Mainnet only until now. We’re proud to be helping them raise awareness about everything they’ve been building via this Spotlight section!
Their new GLP opportunities are generating intense discussion on Twitter... For an example, check out the excellent thread from @gabavineb below!
Biggest TVL Movers
Chains are mostly red today. Notables among top 30 protocols include Kava (#13) at +15.45% on the weekly, Algorand (#18) at -17.69% on the weekly, and Moonbeam (#28) at -15.78% on the weekly.
Protocols are mostly red today as well. Only top 60 protocols green on all three timelines (daily, weekly, monthly) are Beefy (#28), Velodrome (#29), Euler (#30). Thena (#48), Solidly V2 (#51), and Radiant (#58).
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!)
-Something called @syncswap launching testnet. Twitter bio states “Seamless and Efficient DEX on @zksync Era | Ethereum zkEVM L2 ZK Rollups”.
-Something new called @0xPawa. Twitter bio states “#1 First DEX Aggregator on Starknet✨ Mainnet. Pawa V2 on the way. Open for DM.” h/t @AresLabs_xyz - make sure to give them a follow!
-Previously-mentioned @sector_fi has been added to @DefiLlama (multiple chains). Twitter bio states “March 6, 2023... Transparent Risk, Real Yield. Earn yield based on your own risk preference.”
-Something new called @Lighter_xyz on Arbitrum has been added to @DefiLlama. Twitter bio states “Smarter, Faster, Cheaper, LIGHTER. Fully decentralized order book exchange for spot trading. Live on @arbitrum. Backed by @a16z, @lightspeedvp, @coatuemgmt.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ 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)
-Jerome Powell will speak today (latter tweet from excellent thread by @_FabianHD):
-Record yield curve inversions:
-Interesting story:
-L2 stat from @jake_pahor:
-@truflation update:
-Kraken to launch bank?
-Sentiments from @dunleavy89:
-Interesting stat from @sandraaleow:
-Very thorough article from @DeFiSurfer808 on Silvergate:
-Interesting story re: Amazon:
-Inflation rates by country:
-FTX update:
-Good thread from @Chinchillah_ on defi options protocol @opyn_:
-Excellent thread from @IamZeroIka:
-New livestream from @noahseidman:
-News roundup from @coinbureau:
-Parting wisdom from @blknoiz06 and @redphonecrypto:
Conclusion
Have a great Tuesday friends!
And please RT/follow/etc if you found this valuable! :)
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Note
@NestedFi is 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.
Nested also allows for non-KYC fiat-onboarding through an integration with Mt Pelerin, as well as easy automatic dca’ing into your favorite tokens…
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’s a great thread on them from @bizyugo: