Happy Monday fellow degens! Lots of anticipation re: markets this week… will we finally see the big collapse everyone has been waiting for?!?
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,740.60
Oil (WTI): $79.71
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Up:
-Bonfida $FIDA +58.4%
-Raydium $RAY +34.1%
-Cream $CREAM +32.3%
-Serum $SRM +25.1%
-Trader Joe $JOE +17.7%
Down:
-Sonm $SNM -80.3%
-Phoenix Global {OLD} $PHB -52.4%
-DFI.money $YFII -49.7%
-Viberate $VIB -43.2%
-Prosper $PROS -32.6%
Spotlight
Today we want to highlight the awesome gents at @DefiLlama. This is not a sponsored reference or anything like that, but we appreciate the heck out of everything they do, and wanted to heap some praise on them!
If you have the ability to do so, please consider donating to them, as they provide all the info on their site 100% free!
Biggest TVL Movers
Chains are almost all red today. Only exceptions on the daily are BSC (#2) and Canto (#20). On the weekly, Optimism (#7) and Elrond (#19) are both down over 10%, and Cronos (#8) is down over 20%.
Protocols are also mostly red. Some interesting notables include Stargate (#26) at +19.48% on the weekly after big losses during the FTX collapse, VVS Finance (#34) at -45.90% on the weekly, Quickswap (#38) up again on the daily at +13.35%, Morpho (#53) at +142% on the monthly, KyberSwap (#69) at +27.50% on the monthly, Ref Finance (#84) at -68.35% on the monthly, Hop Protocol (#88) at +38.89% on the monthly, and B.Protocol (#96) at +86.06% on the monthly.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
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 @CentralKasa. h/t @ApeOClock. Description reads “Token launch on BSC; the team plans to provide several dApps in their suite of products including a DEX, bridge and an NFT marketplace.”
-New protocol called @carbondefixyz. Twitter bio states “A decentralized protocol for asymmetric liquidity and trading.”
-New protocol called @steerprotocol. Twitter bio states “Multi-chain decentralized compute protocol for off-chain execution of apps.”
-Something called @zadoapp. Twitter bio states “ZADO - Short video app. #zado #zadoapp.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, no-IL, single exposure only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-The FTX hacker continues to re-allocate from $ETH to $renBTC. Tweets from the excellent @DeFiMann and @OnChainWizard on this below, as well as potential explanation from @lawmaster:
-On the subject of @renprotocol:
-Look at the week ahead:
-@zachxbt released a thread correcting various pieces of misinformation relating to the FTX hack:
-Uniswap vs Transferwise:
-More info on how some US depositors may be able get back funds they deposited to FTX:
-SBF apparently even met with Jerome Powell, back in February:
-Interesting data and article on gold, for our macro fans:
-@y2kfinance’s 2nd epoch passed without any massive de-pegging fireworks:
-Update from @truflation:
-Interesting stat c/o @EmilKalinowski:
-@Defi_Made_Here released an excellent thread summarizing the Genesis/Grayscale/etc situation:
-@defiyield_app released an excellent interview with macro expert @UrbanKaoboy, discussing a variety of macro considerations as well as crypto:
-Fascinating thread on China from @michaelxpettis:
-@ceazor7 released an interesting video on the new Yearn x Cowswap integration that has been getting some attention on Twitter:
-@LauraShin from Unchained just released an interview with Jesse Powell @jespow and Kevin Zhou @Galois_Capital:
-Sentiments:
Conclusion
Stay alert this week friends!
And please RT/follow/etc if you found this helpful! :)
Note
Our official sponsor for November is @NestedFi. They’re a new Social Trading protocol which lets users create portfolios and copy-trade other portfolios on ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC.
They are doing an AMA with Arbitrum today at 4 PM EST, make sure to check it out!