Happy Thursday friends! Tons of stuff going on!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles):
Gold: $1,875.10
Oil (WTI): $83.06
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention degens… @Radpiexyz_io is doing a special giveaway contest in honor of their mainnet launch!
As background, Radpie is a new SubDAO from the gents at @magpiexyz_io focused on helping on-chain defi users leverage the benefits of Radiant Capital aka @RDNTCapital… In this regard it is very similar to Magpie’s popular Pendle-specific iteration @Penpiexyz_io, but focused on Radiant instead :)
We’re helping the the gents at Magpie bang the drum about Radpie and all their other SubDAO’s, so make sure to follow both the @magpiexyz_io Twitter account as well as the @Radpiexyz_io one for more updates!
And check out the contest details via the link in the tweet below! The tasks are quick and easy to complete and the contest ends on October 17th, so make sure to click below to get started!
Biggest TVL Movers + Else
Chains are very red today. Only top 40 chains green on both the weekly and monthly are Gnosis (#18), Sui (#31), and Kujira (#39).
Protocols are very red today as well. Only top 100 protocols up at least 10% on the weekly are Sushi (#26), Trader Joe (#69), Enzyme Finance (#75), and Bancor (#81).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: this one has a minimum TVL feature so only includes protocols with at least $1M TVL):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
Degen Alfa
(Exclusive data/information from our Official Sponsor @ChainEDGE_io - sign up today by clicking here!)
-24 Hour Smart Money Inflows/Outflows
-24 Hour Smart Money Summary From @OnChainWizard:
October 11, 2023 chainEDGE - Today's Summary New launch LISA was the most notable coin in the past 24hr of smart money flows, receiving $66k of net inflows. WSM and SPX were the only other tokens with $20k+ net swap inflows over the past 24 hours. CAL, REQ, SAFEREUM and UNIBOT all saw outflows, with CAL's the most severe at $68k. The only launch over the past 24hrs with interesting smart money retention has been MEME, which received $12k of buys and has 82% smart money retention. Over the past 7 days, the only tokens with smart money net buying was seen in RLB, SPX, LISA, WSM, ATOR, Lodestar and KINGDOM. Smart money allocated to RLB has jumped quite a bit over the past month, up $1.6mm to $4.6mm now. Additionally, the number of smart money holdings (in QTY) and the number of wallets is at the highest levels since we've seen in months. Trader highlight of the day goes to 🚀 New Launch Pro 0x937...29d who profited $20k on LISA.
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @Hydra_Ecosystem. Twitter bio states “Building the next advanced layer 1 and 2 solution. Building a whole ecosystem of DeFi utilities on Ethereum.” h/t @CryptoNikyous:
-Something new called @GemDrop_xyz. Twitter bio states “Enhance your airdrop journey with GemDrop's blend of manual and automated solutions!🔥 IDO coming on Oct 9, 4 PM UTC…” h/t @CryptoNikyous:
-New GambleFi project called @gambleguru_eth. Twitter bio states “Bridging real life betting on the blockchain. Real-time Sportsbook Casino | NFT Gambling | NFT PVP | Play with ETH, USDT, USDC & $GG”. h/t @CryptoNikyous:
-New @friendtech-related project called @xperptech. Twitter bio states “Go long or short with leverage on @friendtech keys and more via Telegram. Get access to our beta and more by owning our key...” h/t @CryptoNikyous:
-Something new called @nav_exchange. Twitter bio states “Revolutionizing Decentralized Trading Trading crypto, forex, and commodities with high leverage”. h/t @CryptoNikyous:
-New trading bot project called @MetaBotGlobal. Twitter bio states “Blockchain-based Telegram Bot with revolutionized functions needed to navigate Web3. 🎁 Stable Staking 0.84% per day 🤝 Tier Referral System”. h/t @ApeOClock:
-New dex on Scroll has been added to @DefiLlama called @Scroll_1Dex. Twitter bio states “Scroll_Swap committed to delivering a secure, user-friendly, and rewarding platform that caters to both crypto veterans”.
-New project listed as a ‘Farm’ on Base called @RedemptionFi has been added to @DefiLlama. Twitter bio states “🌟 Redemption Finance—Your Second Chance Now! 🌟 🚀 Farming: Oct 16, 16:00 UTC 🚀”.
-Previously-mentioned Arbitrum prediction market @deeppxyz has been added to @DefiLlama. Twitter bio states “Prediction market. Non custodial. Transparent. Trustless. Community owned.”
Security Alerts
-@Platypusdefi has apparently been exploited:
-@starsarenacom has apparently recovered 90% of their lost funds:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($5M+ TVL, single-exposure, and no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Caroline Ellison’s testimony in the SBF trial again dominated crypto discussions yesterday, as numerous new details emerged regarding the rise and fall of FTX:
-Former employee also alleges that Alameda lost $50M via a fake Google ad phishing site:
-Stablecoin USDR (backed by real estate, gold, and other RWA) depegged yesterday and remains so at the time of this writing:
-PPI inflation report came in yesterday and CPI comes in today, h/t @charliebilello:
-Continued discussions on wallet-draining and LastPass:
-Arbitrum STIP grants voting process winding down, h/t @OlimpioCrypto and @yashcrypto21:
-Interesting analysis of Blur vs friendtech airdrop-farming, from @0xPrismatic:
-Macro analysis from @S_Mikhailovich X @LynAldenContact:
-Dex’s continuing to gain market share over cex’s, h/t @TheDeFinvestor:
-Minutes from the last Fed meeting were released yesterday, takes from @KobeissiLetter and @JackFarley96 below:
-Breakdowns on some of the week’s top performing chains from @Prithvir12:
-New @blocmatesdotcom interview with Trader Joe co-founder @cryptofishx:
-Interesting mainstream synopsis of yesterday’s SBF trial events from CNBC:
-New interview from @TaikiMaeda2 with @cmspeary:
-Parting encouragement from @ChillTRD:
Conclusion
Happy Thursday friends! Enjoy the craziness out there!
And please RT/subscribe/etc if you found this valuable! :)
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