Greetings fellow degens!
Big day today! Data + several rug/exploit alerts below, then stories at the bottom!
Market Update
Overall crypto market cap: +3.4% to $1.38T
$BTC: +3.4% to $31,778
$ETH: +3.8% to $1,977
For tradfi:
S&P 500: N/A
Dow Jones: N/A
Nasdaq 100: N/A
Biggest Price Movers
(From @coingecko top 500)
Up:
-bZx Protocol $BZRX +211.7%
-Coin Metro $XCM +66.9%
-Waves $WAVES +57.7%
Down:
-Bella Protocol $BEL -24.6%
-Green Satoshi Token on BSC $GSC-BSC -23.2%
-Terra Luna Classic $LUNC -22.2%
Biggest TVL Movers
Top major chains green today.
Mixin ($XIN) saw an 87.82% daily increase that led it to leap-frog both Near and Aurora and move into the 13th spot for TVL.
No other big movers on the daily.
Among protocols, the top gainers over the last week (exlucing ones with sub 1M TVL) are Dystopia ($DYST) (at +4996%), as well as Risq Protocol ($RISQ), Across (?), Drift (?), Scion Finance (?), and Maple Finance ($MPL), all at over +200%.
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)
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)
According to @rugdoc_io’s calendar something called Star Finance is launching today on Avalanche, but we are unable to determine a twitter account that corresponds to said protocol.
The above-mentioned at @dystopiaswap $DYST (which is relatively new) just got added to @debankdefi, so you can see what whales are potentially utilizing it if you go their website.
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$DEI stablecoin is still de-pegged, at $0.41.
-Oracle/exploit on Mirror Protocol:
-@TheBlock_ is reporting that a 90M exploit on Terra/Luna from seven months ago was just uncovered:
-A small protocol called FlokiMoon on BSC rugged:
-Another protocol called LUNAv2 orchestrated some kind of scam/rug/etc:
-@VeolodromeFi is warning about fake tokens circulating in the lead-up to their launch.
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Discord (through which a huge number of defi protocols are effectively managed) is down, prompting concerns for extra caution:
-JP Morgan/Singapore adoption:
-@riley_gmi released extensive calculations relating to bribe costs in the Curve Wars:
-Ethereum is seeing its lowest gas costs in over ten months:
-New Taiki Maeda @taikimaeda2 video on prospects for the L1 narrative/L1 trade in 2022:
-Excellent thread from @shivsakshuja on the varied use cases of crypto:
Conclusion
That is everything for today!
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Stay safe frens!