Happy Wednesday friends! Quite an exciting week we’ve been having!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,738.60
Oil (WTI): $81.83
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Up:
-VIDT DAO $VIDT +77.3%
-Ramp {OLD} $RAMP +69.3%
-chrono.tech $TIME +59.0%
-dKargo $DKA +53.0%
-LeverFi $LEVER +52.6%
Down:
-Bonfida $FIDA -28.6%
-Argentine Football Association Fan Token $ARG -21.9%
-H2O Dao $H2O -17.9%
-Bit Game Verse Token $BGVT -14.9%
-Cudos $CUDOS -15.5%
Spotlight
Today we wanted to highlight the awesome team over at @ReveloIntel!
Revelo is a new service from our friend @NickDrakon that offers curated intel to help users navigate the vast cacophony that is the crypto space:
@ReveloIntel also has a free newsletter that you can subscribe to here, as well as an awesome Twitter account that offers daily synopses of the most important videos/AMA’s/interviews/etc within crypto:
Biggest TVL Movers
Chains are mostly green today. The only top 30 chain green on all three timelines (daily, weekly, monthly) is Fusion (#16), and the only one up over 10% on the weekly is Celo (#21). Top 30 chains red on all three timelines (daily, weekly, monthly) include Ethereum Mainnet (#1), DeFiChain (#10), Solana (#11), Kava (#13), Algorand (#17), Near (#22), and Canto (#27).
Protocols are very green today. Some notables include Pancakeswap (#6) at +23.08% on the daily, Frax Finance (#12) at +16.34% on the weekly, Venus (#16) at +19.79% on the daily, Alpaca Finance (#25) at -11.89% on the daily, DeFiChain Dex (#34) at -22.94% on the daily, and Loopring (#73) at -25.39% on the weekly.
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 Fees Generated Within The Last 24 Hours (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 launching called @OrusDAO. Twitter bio states “A Market Taker Protocol - Democratising Asset Management and bringing it to the Metaverse…”
-New Solana protocol called @solaxapp. Twitter bio states “Smart liquidity cross-chain protocol powered by Solana.”
-New protocol on Fantom called @MortarProtocol. Twitter bio states “Upcoming protocol, launching November 2022. Blasting DeFi forward. Building a governance powerhouse on $FTM #Fantom $TAR…”
-Someting called @Starknet_id. Twitter bio states “Identity and naming service for #starknet. Mint your identity and choose your .stark domain now…”
-Something called @zkBob_. Twitter bio states “BOB is a multi-chain, multi-collateral stable token enhanced with optional privacy features.”
-Something called @neonlabsorg. Twitter bio states “Neon enables dApp developers to use Ethereum tooling to scale and get access to Solana.”
-Something called @goober_xyz has been added to @DefiLlama. Description reads “A special flavor of Uniswap V2 meets EIP-4626 to form a yield-optimized vault for Art Gobblers.”
-Previously-mentioned @GMDprotocol has been added to @DeBankDefi. Again, Twitter bio states “Yield Aggregator/ USDC, ETH, BTC vaults built on top of GLP & GMX/ #realyield with $GMD…”
Security Alerts
-A crypto investor named @boshen1011 apparently suffered a $42M hack:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) 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 @avi_eisen $CRV short ended in dramatic fashion:
-Analysis of the new $crvUSD whitepaper:
-Biden administration extends pause on student loan repayments:
-Alex Pertsev still in jail:
-Bitcoin drawdown stats:
-Interesting thread on Alameda from @LucasNuzzi:
-Interesting stats from @Dynamo_Patrick:
-@GainsNetwork_io did an AMA with @arbitrum. Here’s some synopses that link to the original AMA tweet:
-More @CurveFinance news, this time re: @CeloOrg deployment:
-Email from @SBF_FTX to employees today:
-Michael Lewis book on FTX collapse? (Lewis is the author of The Big Short and a number of other famous books/movies)
-A lot of people are noticing an interesting use of language from the FTX bankruptcy/etc documents:
-Macro expert @LynAldenContact released a new monthly newsletter on the US fiscal/government debt situation:
-Good thread from @biancoresearch on the US yield curve inversion:
-@BanklessHQ released a very thorough video going over the Genesis/Grayscale situation:
-Some positive sentiments:
Conclusion
Have a great Wednesday and stay alert friends!
Also 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.
Check out their recent Q&A with @arbitrum below (click on tweet embed to access recording):