Happy Saturday friends!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles24):
Gold: $1,938.70
Oil (WTI): $77.17
US 10Y Treasury: 4.646%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
We are proud to be spreading the word about a gigabrained new perps/options/derivatives protocol on zkSync called @derivio_xyz!
Derivio has- among other things- built a platform that incorporates digital options and allows for predictions to be traded on anything that has a price feed… This goes beyond just tokens and can include RWAs, blockspace, NFTs, and more!
In addition to regular perps trading they also offer pair trading via their liquidity pool and also plan to roll out synthetic perpetuals on assets like those listed above!
To get a full breakdown of everything they have been building make sure to read this excellent Medium article and/or check out their thread below!
Also make sure to follow Derivio on Twitter for more updates, and visit their site to check out everything they offer!
Biggest TVL Movers + Else
Chains are mostly green today. Only top 40 chains red on the weekly are Celo (#26), Aptos (#31), Canto (#32), Tezos (#35), and Near (#36).
Protocols are a bit red today. Only top 100 protocols red on the weekly are Ondo Finance (#48), Arrakis Finance (#52), and Mento (#87).
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 Chains/Protocols By 24 Hour Fee Generation (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
Degen Alfa
(Exclusive data/information from our Official Sponsor @ChainEDGE_io - sign up today by clicking here!)
-24 Hour Smart Money Inflows/Outflows
-Sample 24 Hour Smart Money Summary From @OnChainWizard:
November 10, 2023 chainEDGE - Today's Summary Pretty strong day of inflows as onchain risk activity picks up. MMX was the leader with $277k of net buys, followed by OX, ELON, BITCOIN, APOLLI, MAI and RPL with $40k+ net buys each. ILV led outflows and GROK also saw some profit taking activity as the token hits ATHs. Other small outflows were seen in PEPE, RLB, RPX, DMT and LBR. The number of new launches getting $10k+ of smart money buys continues to trend higher, another signal that the onchain market is heating up. SPARKO and N1 were the leaders with $55k+ smart buys each, with SPARKO still retaining 55% of initial smart money buys. The AI meta is driving the market following the success of things like GROK and MAI, so its worth looking out for other potential tokens within this narrative. MAI and SPARKO are lower cap tokens within this bucket with $30k+ of net buys in the past week each. Smart money has been trimming their GROK holdings after the token hit $50mm market cap today. The group has sold off ~22% of their holdings since 11/8, and in total CE smart money has made a whopping $480k in realized gains on the token, led by 🚀 ifyouaintfirstyourelast.eth with $140k of PnL.
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @DefinitiveFi. Twitter bio states “Definitive is the premier non-custodial platform for advanced DeFi yield and on-chain trade execution. Use invite code "DAYONE" for access today 🔑.” h/t @AresLabs_xyz:
-Something new called @pimlicoHQ. Twitter bio states “The infrastructure layer powering Ethereum’s transition to ERC-4337 smart accounts | we’re hiring…” h/t @AresLabs_xyz:
-New project called @__seismic. Twitter bio states “A protocol for interactive shielding.” h/t @AresLabs_xyz:
-New project called @bakerfi_. Twitter bio states “Your Liquid Staking strategies made easy. 👨🏻🍳🧁 More news coming soon 👀”. h/t @toffee248:
-New perps dex on Gnosis called @muexchange_. Twitter bio states “🕶️ Stable yield or degen trading? Why not both? 🐮 1st stable yield perpetual DEX 💚 @GnosisChain”. h/t @toffee248:
-New project called @Genesis_LRT. Twitter bio states “Unlocking liquidity for restaked ETH on @EigenLayer through Liquid Restaking Tokens (LRT). 💪” h/t @toffee248:
-New dex on Linea called @ArthurExchange. Twitter bio states “👑Be The King of Your Own Legend 👑Native DEX & Launchpad on #Linea 👑Built on #Linea, Thrive on #Linea”. h/t @toffee248:
Security Alerts
-There was an exploit of @raft_fi yesterday:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, single-exposure, and no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Crypto roller-coaster continues, with Bitcoin less than a 2x from ATH, h/t @coinbureau:
-Solana continuing to generate intense excitement + discussion, h/t @coingecko and @alpha_pls:
-Related thoughts from @mhonkasalo on bull case for Solana ecosystem:
-Moody’s rating agency outlook downgrade of US spurred much discussion in macro circles yesterday, h/t @jameslavish:
-@Dogetoshi with a great bull/bear market indicator:
-Bizarre hacker behavior re: above security alerts, h/t @0xngmi:
-Crypto gaming tokens ripping upward, h/t @thedefivillain:
-$RLB/Rollbit now up over 10,000% on the year:
-Interesting note from @hosseeb re: a recent Coinbase announcement:
-Update on Aave stablecoin $GHO from @TokenBrice (click to read rest of long-form tweet):
-Lots of chatter on new coin $MAI (note: do your own due diligence as we’re not caught up on this at all, just including because we’re seeing it all over the timeline this morning):
-Bullish thoughts from @ASvanevik:
-New episode of Steady Lads podcast featuring @gametheorizing, @TaikiMaeda2, and @JustinCBram discussing everything going on in crypto:
-New @RealVision livestream interview with gigabrain @WarrenPies for our hardcore macro fans:
-New weekly-rollup video from @BanklessHQ going over all the top stories in crypto:
-Short macro/Bitcoin-oriented interview with @jameslavish from @natbrunell:
-Parting crypto (and life) wisdom from @xmgnr:
Conclusion
Happy Saturday friends! Don’t forget to touch some grass today!
And please RT/subscribe/etc if you found this valuable! :)
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