Happy Monday fellow degens! Another big week ahead of us!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,760.40
Oil (WTI): $73.96
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The good gents at @pendle_fi have just introduced their new V2 release, and as big fans of @pendle_fi we’re thrilled to get the chance to spread the word about everything they’ve been working on!
Pendle is a highly gigabrain protocol, hailing from the yield/derivative space that we believe is an important new ‘defi narrative’.
They just released part 2/3 of their Medium article series introducing the new V2 release (linked to in the thread below!)… Make sure to check out the thread and the article, follow them on Twitter, and check out their Discord as well!
Biggest TVL Movers
Chains are mostly red today. Arbitrum (#5) is now within 10% of Polygon (#4). The only top 50 chains green on all three timelines (daily, weekly, monthly) are Celo (#20) - which is also up 20.42% on the daily, and Wanchain (#46) - which is also up 57.94% on the monthly.
Protocols are mostly red today as well. Some notables include Arrakis Finance (#17) at -15.51% on the daily, Alpaca Finance (#27) at -30.35% on the weekly, Morpho (#47) at +34.24% on the weekly, Mento (#70) at +61.41% on the weekly, and Idle Finance (#100) at +39.29% on the weekly.
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 called @Everscale_net that’s followed by several of our mutuals. Twitter bio states “Blockchain done better. Welcome to a faster, scalable world!” h/t @ApeOClock:
-New Arbitrum protocol called @FactorDAO. Twitter bio states “The building blocks of asset management…” h/t @CrossChainAlex:
-Something new called @onchaintrade. Twitter bio states “Swap, borrow, earn and leverage trading with 0 slip, running on @zkSync, @Aptos_Network, & planning @suinetwork.”
-New Starknet AMM called @JediSwap. Twitter bio states “A community-led fully permissionless and composable AMM on Starknet by @StarkWareLtd…”
-New Cardano protocol called @adaswapapp. Twitter bio states “Swap, bridge & trade between Cardano-based tokens & NFTs within seconds”. h/t @whitepaper_io:
-Previously-mentioned @mean_fi has been added to @DeBankDefi (Arbitrum). Again, Twitter bio states “The state-of-the-art DCA protocol. Our protocol enables users to Dollar Cost Average (DCA) any ERC20 into any ERC20 with their preferred period frequency.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $5M+ 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)
-China situation continues to dominate headlines:
-Related:
-Inside jokes on CT about $WETH reached sizable proportions, even landing in Bloomberg, which did not realize the joke:
-FTX saga continues:
-Related re: Bahamas’ Attorney General (have not verified this so could be incorrect, but is getting extensive attention on Twitter so including it - as always DYOR - linking to good example thread below):
-Aave paused lending for 17 low-liquidity tokens to beef up their security after the $CRV-short situation last week, plus thoughts from @BarryFried1 below:
-The week ahead, from @tier10k:
-NFT stats from @nansen_ai:
-Pancakeswap TVL keeps increasing:
-Interesting tradfi charts:
-@AcrossProtocol’s $ACX token goes live today:
-$BTC and Texas update:
-Interesting thread on @FloorDAO from @0xd063:
-Excellent thread from @defi_mochi on @GMDprotocol:
-@coinbureau released a video breaking down the ‘Proof Of Reserves’ debate re: cex’s, and which cex’s have embraced the concept:
Conclusion
Have a great Monday friends!
And please RT/follow/etc if you found this helpful! :)
Note
@NestedFi is our official sponsor for the month of November! They are a new Social Trading protocol which lets users create portfolios and copy-trade other portfolios on ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC.
Here’s a great AMA they recently did with @arbitrum: