Happy Tuesday fellow degens! All sorts of interesting stuff going on today!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,651.50
Oil (WTI): $84.98
Stocks:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Marinade $MNDE +391.1%
-Phala Network $PHA +31.1%
-AllianceBlock $ALBT +25.0%
Down:
-BoringDAO [OLD] $BOR -22.7%
-Rich Quack $QUACK -12.2%
-Decentralized Social $DESO -8.8%
Biggest TVL Movers
Chains are mixed today. Some notables include Arbitrum (#6) at +13.00% on the daily, Solana (#7) at -7.46% on the daily, Gnosis (#20) at -18.40% on the weekly, Heco (#25) at +31.47% on the weekly, and Canto (#28) at +24.33% on the weekly.
Protocols are quite green today. Exceptions that are red on all three timelines (daily, weekly, monthly) among top 100 protocols are Aave (#4), Pancakeswap (#8), Arrakis Finance (#15), dYdX (#28), DeFiChain Dex (#29), Synapse (#44), DeFiChain Loans (#63), Wombat Exchange (#69), Platypus Finance (#87), and Orca (#98).
Here’s The Top Chains By TVL (from @defillama):
Here’s The Top Protocols By TVL (from @defillama):
Chart Of The Day
This chart brought to you by our official sponsor for the month of October- @DexGuru - a non-custodial on-chain trading terminal + analytics + charting platform that provides token swap execution capabilities on all the main EVM chains. Make sure to check them out!
Chart of $Metis since May lows, with 8 and 20 SMA’s included:
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!)
-@defillama has added a new dex called Echswap that is apparently built on the ‘Echelon Network’. It doesn’t have a Twitter account but the Echelon Network Twitter is @EchelonFDN and its bio states “Echelon $ECH a new hybrid EVM and Cosmos L1 Blockchain Network!”
-Something new called @SwapTrinity. Working with Pinksale so must be BSC if understanding right. Twitter bio states “TrinitySwap is a Stable Apy Protocol. For a simply buy and stake TrinitySwap, you earn dividends direct on the stable apy farms.” (h/t @ApeOClock)
-Something new called @super__protocol. Twitter bio states “Unstoppable, trustless and permissionless cloud infrastructure. Testnet is Live!”
-New Polygon protocol called @OptixProtocol. Twitter bio states “Decentralized Options Exchange. Buy options on top crypto assets with up to 10x leverage and earn sustainable yield selling options, directly from your wallet.”
-Something called @MayaProtocolEng. Twitter bio states “Decentralized liquidity protocol. Restrictionless. Open-source.” Appears to be a cross-chain dex/Thorchain-competitor if understanding right(?).
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@peckshield released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama (all types, minimum $5M+ TVL) 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)
-New L1 Aptos launched today to much discussion. We try to stay impartial here on TDD but there’s no doubt most of the discussion on Twitter was of a skeptical nature, so here’s the announcement plus a couple examples that got a lot of RT’s:
-More chaos/confusion in the UK:
-@Unchained_Pod just released @LauraShin’s new interview with Do Kwon @stablekwon:
-Even Walmart talking about crypto adoption:
-Update from UK:
-Update from US:
-@ApeDigest on upcoming unlocks:
-@STFX_IO generating lots of attention:
-US stocks remain a conundrum, with lots of bearish signs and bullish signs, depending on how one looks at things:
-Great new article + video from @CurveCap on some new leaked alpha re: the $crvUSD stablecoin from @CurveFinance:
-Interesting thread from @basileSportif:
-@noahseidman released an excellent new livestream touching on the current macro situation, overall crypto situation, and various defi protocols:
Conclusion
Have a great Tuesday friends!
And please RT/follow/etc if you found this helpful! :)
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Note
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