Happy Friday Chads! Quite the volatile day yesterday!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,658.45
Oil (WTI): $88.39
Stocks:
Up:
-GXChain $GXC +184.4%
-bZx Protocol $BZRX +51.6%
-Mdex $MDX +44.6%
Down:
-MaidSafeCoin $EMAID -28.7%
-Efforce $WOZX -11.6%
-Plex $PLEX -8.8%
Spotlight
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Biggest TVL Movers
Chains are mixed today. Some notables include Solana (#8) at -30.09% on the weekly, Cronos (#9) at +14.26% on the daily, Algorand (#14) at +53.23% on the weekly, and Canto (#28) at +21.06% on the weekly.
Protocols are mostly green today. Some notables include Convex Finance (#6) at +17.50% on the daily, Arrakis Finance (#15) at -32.85% on the weekly, Raydium (#65) at -25.06% on the weekly, Ferro (#76) at +1,860% on the daily (presuming accurate), Geist Finance (#89) at +150% on the weekly, and Folks Finance (#90) at +575% 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 frens!)
-New protocol called @keedxt. Twitter bio states “KeeDx is First Advanced DEX on Gatechain which provides seamless trading experience, also compatible with multi-chain.” (h/t @ApeOClock)
-New protocol called @Piscrowteam being built on Pi Blockchain. Twitter bio states “Escrow system built on the Pi Blockchain for secure and trusted P2P exchange of Pi for value.”
-@Timeless_Fi has released “Bunni Protocol”, as per below + h/t @BarryFried1:
-New veAggregator protocol related to @WombatExchange, called @QuollFinance. Twitter bio states “A multichain veToken aggregator and treasury based on-chain incubator. Powered by @WombatExchange and @BNBCHAIN.”
-New Solana protocol called @Kamino_Finance. Twitter bio states “Solana’s Ultimate Liquidity Destination: Composable automated liquidity management…” Thread from @SolanaInsiders on it below:
Rug Pull/Exploit/De-Pegging/Security Alerts
-@certiKAlert released a Discord hack alert on @ProjectKaitoNFT.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL and 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)
-Ongoing speculation on Federal Reserve actions runs the gamut from bullish to bearish:
-Tether announces it has completely phased out commercial paper (notes/debts from companies), long a point of contention amongst its critics:
-Next rate hike decision from Fed is November 2nd, six days before the US elections:
-Explanation of the big decline in Arrakis Finance TVL yesterday, from @smyyguy:
-Combined drop in stock + bond prices is looking like it will place 2022 in the history books:
-Binance news:
-Interesting chart from @profplum99:
-Algorand TVL hits all-time high:
-Bond market implied volatility is disproportionately high vs stock market implied volatility, in a fascinating chart from @farmerdbrown:
-Interesting chart from @tokenterminal:
-Interesting chart from @dunleavy89:
-Excellent @LiquidDriver AMA synopsis from @ReveloIntel, featuring @lafachief of @DeusDao:
-Interesting comparison of $GMX vs fintech volumes:
Conclusion
Have a great Friday friends!
Please RT/follow/etc if you found this helpful! :)
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