Happy Wednesday fellow frogs! Macro getting dicey again… could be an interesting day ahead of us!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,672.70
Oil (WTI): $89.21
Stocks:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Plex $PLEX +32.4%
-Huobi $HT +21.9%
-Terra $LUNA +19.6%
Down:
-TitanSwap $TITAN -22.8%
-Krypton DAO $KRD -16.2%
-TerraClassic USD $USTC -15.6%
Spotlight
We are partnering with our buddies at @CRE8RDAO to raise awareness about an interesting new stablecoin protocol called @GyroStable. Its the creation of a bunch of abject gigabrains including @aklamun. Here’s a thread from him on @GyroStable below, which links to additional info:
Biggest TVL Movers
Chains are mixed today. Solana (#6) is down 22.95% on the daily, presumably relating to the Mango Markets hack (more on that below). Also notable are Fantom (#10) at +6.79% on the daily, and Heco (#27) at +6.46% on the daily.
Protocols are mixed as well today. Top 100 protocols green on all three timelines (daily, weekly, and monthly) include Venus (#16), Stargate (#20), Aura (#23), Stader (#54), BendDAO (#79), Idle Finance (#86), Geist Finance (#90), and Homora V3 (#93).
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!)
-New protocol building on Aptos called @AriesMarkets. Twitter bio states “Decentralized Digital Exchange, Your Key Your Coin. Building on @AptosLabs”.
-New protocol called @Commodo_Finance. Twitter bio states “Borrowing/Lending Platform on Comdex…”.
-Something called @Waifu_TV. Twitter bio states “WaifuTV is a decentralized streaming platform that hosts livestreaming & anime on the blockchain, utilizing DeFi protocols & Web3.”
-New protocol launching soon on Arbitrum called @LodestarFinance. Twitter bio states “An algorithmic money market protocol built on Arbitrum to unlock liquidity against your staked capital.”
-Another Arbitrum protocol launching soon called @sentimentxyz. Twitter bio states “Enabling Onchain Permissionless Undercollateralized Borrowing!”. Tweet from them as well as thread from @0x_d24 below:
-New protocol called @BearaProtocol. Twitter bio states “Upcoming decentralized NFT exchange on Arbitrum Nova. Token Airdrop, revenue sharing and so much more… Get your bears today @BearMarketClub…”
-New protocol called @SkipProtocol. Twitter bio states “Skip is building ecosystem-aligned MEV products on Cosmos. We democratize access to MEV opportunities, and protect users from toxic MEV strategies.”
-New protocol called @Thena_Fi. Twitter bio states “New era of collaboration on $BNB”. h/t @nickdrakon:
-New Stacks protocol called @ZestProtocol launching testnet October 20th. Twitter bio states “Orange #Bitcoin liquidity and zesty yields. On-chain Bitcoin yield for Bitcoin holders. Bitcoin loans for institutional borrowers. Launching Q4…”
Rug Pull/Exploit/De-Pegging/Security Alerts
-@CertiKAlert released alerts regarding flash-crashes of @ChainFloki and $ATK; Discord hacks relating to @thehirosnft and @DogeClub_NFT; and a Twitter hack of @OthersideMeta.
-@mangomarkets on Solana was exploited for over $100M today:
-There was apparently a @templedao hack today for over $2M:
-Rabby Wallet- @Rabby_io- had a hack targeting their ‘RabbySwap’ smart contract:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL, no-IL, and single-exposure filters) and @stable_fish - Note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Chaos in UK bond markets:
-All sorts of other macro stuff going on too:
-$BTC data from @dunleavy89:
-@0xroborosCap on $FXS accumulation:
-Adoption?
-New lows for stonks:
-Opensea now on Avalanche:
-Two excellent threads today on Chainlink, from @ChainLinkGod and @defi_naly:
-@lukegromen released a new AMA on the unfolding macro situation:
-Encouragement from @TheCryptoDog:
Conclusion
Stay alert out there friends!
And please RT/follow/etc if you found this helpful! :)
Note
Make sure to check out our official sponsor for the month of October- @DexGuru - a totally on-chain, non-custodial analytics + charting platform that also provides token swap execution capabilities on all the main EVM chains! You can visit their site by clicking here!