Happy Monday fellow degens! Beginning of another crazy week?!?
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,655.20
Oil (WTI): $85.84
Stocks: N/A
Biggest Price Movers
(From @coingecko top 500)
Up:
-Shardus $ULT +96.1%
-Morpheus Network $MNW +41.5%
-BoringDAO [OLD] $BOR +32.9%
Down:
-LTO Network $LTO -35.0%
-Phala Network $PHA -26.1%
-Request $REQ -22.7%
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 gigabrains including @aklamun. Here’s a thread the @GyroStable account recently posted that gives a good view into what they’re doing:
Biggest TVL Movers
Chains are quite flat today. Among top 50 chains, Algorand (#14), Moonbeam (#29), Metis (#32), Ronin (#33), Tezos (#40), and OKExchain (#48) are all up over 20% on the monthly.
Protocols are mostly green today. On the monthly among top 100 chains, Aura (#22), Ankr (#51), Stader (#55), Algofi (#61), Ribbon Finance (#74), Injective (#76), Helio Protocol (#85), Geist Finance (#91), and Velodrome (#93) are all up by at least 30%.
Here’s The Top 12 Chains By TVL (from @defillama):
Here’s The Top 12 Protocols By TVL (from @defillama):
Here’s The Top 12 Dex’s By 24 Hour Volume (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 Dogechain AMM called @StableDoin added to @defillama.
-New protocol called @steadefi building on Avalanche. Twitter bio states “Institutional Strategies for Everyone. High Real Yield + Risk Management = Steadefi…”
-New stablecoin protocol called @dsumoney. Twitter bio states “DSU is a trust-minimized, fully backed, & collateral-efficient stablecoin.” (h/t @josephnedo007)
-New Solana protocol called @LPFinance_. Twitter bio states “Engineering the standard of synthetics @solana... ” (h/t @ApeOClock)
-Something called @surfdbxyz. Twitter bio states “Decentralized database made for dapps…”
-New NFT AMM called @Laddertop_NFT. Twitter bio states “Providing liquidity for your NFT swaps…”
Rug Pull/Exploit/De-Pegging/Security Alerts
-@CertiKAlert released alerts regarding a Discord hack relating to @SwampVerseNFT; and an exit-scam on $SHOK.
@PocketUniverseZ released a good security thread:
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)
-UK tries new Chancellor amidst its escalating economic problems:
-Rather interesting comment from Biden re: the dollar (ie is this just a political ‘fluff’ statement? or does this imply US government is really pushing hard for strong dollar as tool of economic warfare against its adversaries?):
-Users per NFT platform over the past week:
-Interesting chart re: US stock ownership:
-@fraxfinance’s frxETH liquid-staking is getting ready to launch soon:
-@noahseidman noticed a potentially interesting statement from Japanese currency official:
-Interesting data from excellent thread by @alpha_pls:
-Baby-Boomer retirement accounts and pensions are getting decimated this year, largely via the unprecedented decline in bond values. From a new thread from @RaoulGMI:
-@ipor_intern released a very thorough thread on the new Aave stablecoin $GHO:
-Options positioning in US stock market getting more and more extreme:
-@defi_mocha released a thread on @dammfinance, which has been seen a huge spike in TVL since it recently launched:
-@bizyugo released a thread on @LiquityProtocol’s ‘Chicken Bonds’:
Conclusion
Here’s to another big week 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!