Happy Monday fellow degens - and happy Memorial Day to our U.S. readers!
Data/alerts/etc is all below or you can scroll to the bottom for the day’s top stories and news!
Market Update
Overall crypto market cap: +5.00% to $1.33T
$BTC: +5.00% to $30,686
$ETH: +5.90% to $1,904
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Biggest Price Movers
(From @coingecko top 500)
Up:
-Terra Luna Classic $LUNC +105.0%
-Bella Protocol $BEL +64.7%
-Reserve Rights $RSR +38.1%
Down:
-Dash Diamond $DSD -13.4%
-Green Satoshi Token on BSC $GSC-BSC -9.2%
-Bezoge Earth $BEZOGE -5.7%
Biggest TVL Movers
Top major chains green today.
Among smaller chains, Sifchain $EROWAN is down 35.08% on the week.
The only smaller chain green across the daily/weekly/monthly is something called Lamden $TAU.
Among top protocols, Sun.io $SUN is up 160% on the week, with TVL of $642.66M.
Top Twelve Chains (from @defillama):
Top Twelve Protocols (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
Top Stablecoin Yields
(note: these are the top Stablecoin Yields from pools with over 1M tvl, sourced from @defillama - edit: this is in screenshot form as we discovered the Chads at DefiLlama now let you sort by APY among 1M+ pools only)
New Protocols/Yield Farms
(from newly-added @debankdefi protocols and @rugdoc_io new yield farm calendar entries from last 24 hours - these are NOT endorsements - make sure to do extensive due diligence)
No new protocols via official sources.
From Twitter research: @VelodromeFi goes live tomorrow May 31st on @OptimismPBC:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$DEI stablecoin is still de-pegged, at $0.65.
-$USDN remains very slightly off (@coingecko says $0.984)
-No rugpulls/exploits/etc reported by any of the sources we check daily.
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-The CEO of MoneyGram made news by suggesting future use of stablecoins for remittance payments:
-@officer_cia posted an extremely extensive list of the most well-respected defi-related Medium’s and Substacks’:
-Jerome Powell will be meeting with President Biden tomorrow- Tuesday May 31st:
-There is speculation of whether @elonmusk’s cryptic meme use could imply a bottom on $BTC:
-Consumer Sentiment indicators have reached new lows not seen since the Great Financial Crisis in the late 2000’s:
-A new Cardano-Ethereum bridge utilizing $USDC has launched and is generating discussion on Twitter:
Conclusion
That is everything for today!
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Stay safe frens!