Happy Wednesday friends! Macro getting crazy again!
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 @CryptoBubbles24):
Gold: $1,943.30
Oil (WTI): $89.19
US 10Y Treasury: 4.824%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mostly red today. Top 30 chains up at least 10% on the weekly include Gnosis (#17), Sui (#27), and Aptos (#30).
Protocols are mostly red today as well. Top 100 protocols up at least 10% on the weekly and monthly include Enzyme Finance (#66), Jito (#85), and Liquid Collective (#99).
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 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
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 @0xObeliskLabs. Twitter bio states “Supporting the adoption of Move and the ecosystem. #1 Full-chain games and autonomous worlds infrastructure in Move, @SuiFoundation grant received.” h/t @AresLabs_xyz:
-New SocialFi project called @xend_tech. Twitter bio states “The first SocialFi Protocol built on X.” h/t @AresLabs_xyz:
-New L2 called @Karak_Network. Twitter bio states “Financial infrastructure for the new internet.” h/t @twindoges:
-Something new @friendtech-related called @frenlock. Twitter bio states “lock, stake, wrap and transfer @friendtech keys.” h/t @twindoges:
-New Solana AMM called @HAMmurabiOnSol. Twitter bio states “A Non-Toxic Amm coming to @Solana for Hyperdrive. Focused on Dynamic Fee, Permissionless LP and Concentrated Liquidity”. h/t @toffee248:
-Something new called @xNovaToken. Twitter bio states “Building the first gasless trading experience integrated with telegram powered by @starkwareltd”. h/t @toffee248:
-New project on Scroll called @1869Finance. Twitter bio states “The first yield farm live on scroll”. h/t @toffee248:
-New Scroll dex called @VoltageSwap has been added to @DefiLlama. Twitter bio states “Igniting the first Native DEX on @Scroll_ZKP - Experience lightening fast Swaps⚡️, top of the line user experience and electrifying Rewards”.
-Previously-mentioned Linea project @LyveFinance has been added to @DefiLlama. Twitter bio states “#1 Stable token $LYUSD on @LineaBuild backed by LST Max Asset Flexibility & Capital Efficiency”.
Security Alerts
-Alert from @PeckShieldAlert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($5M+ TVL, single-exposure, 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)
-US long-duration bonds continue to dominate macro discussions, with some having crashed in price as significantly as the US stock market crashed during the 2008 GFC, and the 10Y treasury approaching 5% again, h/t @Fin_Eng_Net:
-Related update from Japan:
-The Celestia airdrop has concluded, h/t @DeFiMann with the alpha + quotetweet of the official announcement below:
-Launch of new L2 Scroll generating attention:
-The Fantom Foundation and some employees(?) apparently suffered wallet draining attacks yesterday, h/t @spreekaway and @Cointelegraph:
-@LukeGromen on the massive reduction in foreign ownership of US treasury bills:
-Unfortunate development re: ‘Reddit tokens’ yesterday, h/t @PeckShieldAlert and @S4mmyEth:
-Bitcoin dominance hits new high for year, h/t @Flowslikeosmo:
-@DegenSpartan on the importance of off-ramps:
-@ChainLinkGod on stablecoins:
-Interesting and rather ambiguous macro chart showing that the 10 year treasury has declined in price this time compared to going up in price during past periods where the Fed has ended a rate hike cycle (suggesting Fed is not actually done hiking? or that there is something fundamentally broken in the bond market? or something else?):
-Good thread on bond market from @jameslavish:
-Good thread on new NFT marketplace/primitive Flooring Protocol from @waleswoosh:
-New episode of the @theempirepod with lots of high-level defi and investing discussion featuring @santiagoroel, @Shaughnessy119, and @kukulabanze:
-New Wealthion video with @LynAldenContact:
-New macro discussion featuring Mike Green @profplum99 and @DoombergT:
-New interview on Solana from @Lightspeedpodhq and @GarrettHarper_ with @0xMert_:
-Parting wisdom from @voldemortxbt:
Conclusion
Happy Wednesday degens! Stay alert out there and keep your head on a swivel! :)
And please RT/subscribe/etc if you found this valuable! :)
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