Greetings frens!
Market Update
Overall crypto market cap: -1.3% to 1.26T
$BTC: -0.2% to $29,042
$ETH: -1.7% to $1,785
For tradfi:
S&P 500: +1.988%
Dow Jones: +1.609%
Nasdaq 100: +2.771%
Biggest Price Movers
(From @coingecko top 500)
Up:
GXChain $GXC +70.9%
Chain $XCN +62.4%
Lido DAO $LDO +13.3%
Down:
TerraClassic UST $USTC -72.1%
Anchor Protocol $ANC -28.6%
GPEX $GPEX -26.7%
Biggest TVL Movers
For chains and protocols pretty much everything was down.
Only bright spot among major protocols was Arrakis Finance at +12.59% to 882M.
Top Twelve Chains (from @defillama):
Top Twelve Defi Protocols (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
Top Stablecoin Yields
(from @stableyields and @coindix)
(note: re-pasting their most recent list - from May 25th)
New Protocols/Yield Farms
(from newly-added @debankdefi protocols and rugdoc.io new yield farm calendar entries from last 24 hours - these are NOT endorsements - make sure to do extensive due diligence)
No new protocols launching today however @debankdefi just added functionality for two existing but relatively newish protocols: 1) @arbis_finance which is on Arbitrum, and 2) @ApolloX_com which is on BSC.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$DEI stablecoin is still de-pegged, at $0.72.
-There is increasing chatter on Twitter about whether $USDD on $TRON could hypothetically depeg; as well as speculation on possibility of $USDN depegging, which is tied to $WAVES.
From @OnChainWizard on the latter:
-There were apparently $389M in liquidations yesterday resulting from price drops:
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-There is apparently significant expiry taking place today. From @DeribitExchange:
-Tether announces release of new stablecoin tied to Mexican Peso. From @blockworks_:
-@samkazemian and the team at @fraxfinance have put forth a new proposal re: new @curvefinance pool and whitelisting. Proposal is seeing extensive discussion on Twitter. From @0xAlunara:
-Tradfi markets are looking as fearful as crypto markets. From @zerohedge:
-@FTMalerts did a livestream that contains a lot of very important discussion for fans of Fantom chain and its protocols. From @crypto_klay:
Conclusion
That is everything for today!
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Stay safe fellow degens!