Happy Wednesday friends! Fascinating time in markets right now!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,814.10
Oil (WTI): $77.15
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
@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!
They also recently got approved for a grant from Optimism:
Biggest TVL Movers
Chains are mostly red today. Only top 30 chains green on the weekly are Avalanche (#6), Kava (#13), Waves (#21), and EOS (#22).
Protocols are almost uniformly red today. Only top 100 protocols green on all three timelines (daily, weekly, monthly) are Aura (#17), Solidly V2 (#50), Radiant (#58), Paraspace (#77), RealT (#86), DeFiChain Loans (#88), and Origin Dollar (#100).
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!)
-Something new called @liquid_col. Twitter bio states “The enterprise-grade liquid staking standard. Stake ETH to mint LsETH (Liquid Staked ETH) with Liquid Collective.”
-Something new called @OLLOStation. Twitter bio states “A Next-Gen Chain & DeFi Hub - Designed for Automation & Sustainability”.
-New/newish protocol on BSC called @UniwhaleEx has been added to @DefiLlama. Twitter bio states “Uniwhale: Decentralized Leveraged Trading. Trade BTC, ETH, and more with up to 200x leverage with low fees.”
-Something on Cronos called @FulcromFinance has been added to @DefiLlama. Twitter bio states “Decentralised Perpetual Exchange with 25x Leverage📊Trading starts 28th Feb 2023🫡”.
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)
Security Alerts
-@PeckShieldAlert released the following update re: @tender_fi:
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Jerome Powell testified before the Senate Banking Committee yesterday. The full video is well worth watching so embedding it below:
-Fascinating excerpt from Powell’s appearance:
-Commentary on Powell/Senate:
-Voyager/Binance update:
-Interesting alert from @PeckShieldAlert:
-Balancer x Avalanche alfa?
-Was quite a bit of discussion about @GCRClassic withdrawing a large amount of money from Binance yesterday:
-@NorthRockLP on Mt Gox process:
-Short but interesting thread on China from @AndreasSteno:
-More interesting government/regulation news:
-Interesting anecdotal update on real estate:
-New @bizyugo thread on @MorphoLabs:
-Good thread from @Hercules_Defi:
-@ModestusOkoye with 5 LSD protocols you might not be aware of:
-Interesting video from ETH Denver, c/o @Unchained_pod/@LauraShin:
-New interview with gigabrain tradfi fund manager @hkuppy:
-Parting wisdom from @Dynamo_Patrick:
Conclusion
Have a great Wednesday degens! And stay alert out there!
And please RT/follow/etc if you found this valuable! :)
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Note
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If you have the capability, we would highly recommend donating to their amazing team! Note: We are not affiliated with them nor is this sponsored or anything, just trying to give credit/spread awareness of how to support them :)
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