Happy Wednesday and happy Fed-day friends! Gonna be an interesting one!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,652.90
Oil (WTI): $88.84
Stocks:
Biggest Price Movers
(From @coingecko top 500)
Up:
-BoringDAO [OLD] $BOR +249.7%
-Mask Network $MASK +56.2%
-Kaspa $KAS +36.6%
Down:
-Ecoin $ECOIN -40.1%
-Dogechain $DC -16.7%
-Dejitarua Tsuka $TSUKA -15.8%
Spotlight
We are partnering with our buddies at @CRE8RDAO to raise awareness about an interesting new stablecoin protocol called @GyroStable. Its a quite sophisticated architecture designed by a bunch of gigabrain defi researcher types, so should be interesting to anyone into that kind of thing. Here’s a thread on them that @The_ReadingApe published last week:
Biggest TVL Movers
Chains are pretty mixed today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Ethereum Mainnet (#1), Arbitrum (#6), Klaytn (#13), Elrond (#17), Canto (#19), Fusion (#21), Bitcoin (#25), and Moonriver (#30).
Protocols are mostly red today. Top 100 protocols green on all three timelines (daily, weekly, monthly) include Pancakeswap (#8), Venus (#16), Stargate (#23), Euler (#31), Wombat Exchange (#52), Injective (#61), Canto Dex (#78), Notional (#86), and Hop Protocol (#96).
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 frens!)
-Something called @LeverageInu on Arbitrum. Twitter bio states “Buy, Earn, and Relax with Leverage Inu - #Arbitrum Native Meme Coin $LEVI…” [Note: We don’t normally include meme tokens but from their Twitter timeline its unclear if its actually a pure meme token or more of a defi thing so we’re including it to be thorough)
-New protocol on Cronos called @Crolend_io. Twitter bio states “CroLend is a decentralized lending protocol on Cronos. Lend, borrow and stake here.”
-Something called @HyperonChain. Twitter bio states “Decentralized DPoS blockchain platform to develop and distribute applications.”
-Something that launched a couple weeks ago that we didn’t see called @XSwapProtocol. Twitter bio states “The 1st AMM DEX & Launchpad on the #XDCNetwork…”
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@CertiKAlert released alerts re: Discord hacks of @kawaiiskull_nft and @generativemasks and @GolemZGuard and @bugattigrp; and a flash-crash on @usdtdefi ‘USDTd’.
-@PeckShieldAlert released a flash-crash alert on the TVL of @ZootopiaFinance and a price flash-crash alert on $RUBIC.
-@DeribitExchange suffered a $28M exploit several hours ago:
@CertiKAlert released the following alert:
-@PeckShieldAlert released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, no-IL, and single-exposure filters) 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)
-Today is Fed-day:
-Some thoughts from @lemiscate:
-Some stats on user growth among top dapps from @Coin98Analytics:
-Some interesting stats from @maxjanderson:
-Tether short trade has not yet worked out:
-@noahseidman with great long-term chart of US 20 year bond values:
-Fascinating thread on J.P. Morgan’s first on-chain transaction (tl/dr used Aave and Polygon and involved issuing tokenized Singapore Dollar Deposits and also involved a bunch of additional stuff re: on-chain KYC and some other fancy technical stuff):
-Gold price continues to decline but central banks around the world keep stockpiling gold:
-@NickDrakon just released his interview with @DefiLlama head @0xngmi:
-@Blockworks_ did an interview yesterday with former Fed-insider Joseph Wang @fedguy12 and the Wall Street Journal’s @nicktimiraos (often credited as being the journalist the Fed leaks things to to shape public debate):
-@coinbureau released a new video on the potential housing crash, going over countries like CA, the UK, US, etc:
-@cobie and @LedgerStatus did a new UpOnly livestream:
Conclusion
Have a great day fellow degens! And stay alert!
Also please RT/follow/etc if you found this helpful! :)
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Note
Make sure to check out our new official sponsor for the month of November - @NestedFi! Nested is a new defi ‘social trading’ platform we’ll be helping build awareness about... Here is a tweet about them from the great @BowTiedDevil linking to an interesting thread of theirs: