Happy Tuesday friends! Quite the 24 hours we’ve had!
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: $1,971.10
Oil (WTI): $85.97
US 10Y Treasury: 4.815%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @HMXorg keep making waves in the perps dex landscape!
HMX tackles high trading fees, offering one of the most competitive rates in the market, and their integration of cross-margin and multi-asset collateral management has further enhanced capital efficiency and trading flexibility…
The platform's user experience is boosted with their introduction of a Progressive Web App (PWA), marking a significant upgrade in mobile UX for LP-based perp DEX’s, and the mobile app also has additional features like sub-account support and one-click trading via Account Abstraction…
In this regard, HMX’s approach of balancing advanced features with user-friendliness is aimed at bridging the gap between decentralized and centralized exchanges while retaining the benefits of self-custody and transparency in on-chain trading!
We have been helping bang the drum about everything the crew at HMX has been working on, so make sure give them a follow on Twitter and check out the excellent thread from them below!
Biggest TVL Movers
Chains are EXTREMELY green today. Top 50 chains up at least 10% on the daily include ETH Mainnet (#1), Pulse Chain (#11), Bitcoin (#12), DefiChain (#14), Rootstock (#21), Thorchain (#23), and Astar (#44).
Protocols are also extremely green today. Protocols with at least $40M TVL up at least 10% on the daily include Pulse Chain dex PulseX, multichain lending protocol Spark, Rootstock lending protocol MoneyOnChain, Coinbase Wrapped Staked $ETH, and Kujira Protocol.
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/Protocols By 24 Hour Fee Generation (from @DefiLlama):
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:
-Sample Of 24 Hour Summary From @OnChainWizard:
October 22, 2023 chainEDGE - Today's Summary Starlink, PEPE, LINK, FLC, and HAY all received $30k of inflows over the last 24 hours. Dickipedia and Neuralink were the leaders in terms of new launches in the last 24hr, with both tokens getting $10k of buys and 20%+ retention. OTACON (an older dead coin) also has received a lot of smart money interest, with $23k of net buys. Notable 24hr outflows were in BITCOIN and ELON at $88k and $31k respectively. From a portfolio holdings point of view, SPX is getting close to flipping BITCOIN smart money holdings with $900k across 16 wallets. HAY is also an anomaly with $515k of smart money holdings across 27 wallets. JOE smart money holdings are also a trade away from flipping UNIBOT at ~$150k each. Trader highlight this morning goes to 🚀 capoplaza.eth who made $20k in realized PnL on HAY.
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!)
-New project called @tradewithPhoton. Twitter bio states “Snipe & sell tokens at lightning speed Discover new tokens in real-time and take your trading to the next level”. h/t @twindoges:
-New SocialFi project called @SpacySocial. Twitter bio states “Get ready to experience SocialFi like you never have before, on Spacy.” h/t @twindoges:
-New wallet called @cresowallet. Twitter bio states “Creso - the future of smart wallets. No seeds, no gas fees, and no fear.” h/t @twindoges:
-New mixer aggregator called @MLProtocol. Twitter bio states “Your Friendly Neighbourhood Laundry Service- Aggregator of All Mixers. #EmbraceAnonymity”. h/t @twindoges:
-Something new called @Dupe_fi. Twitter bio states “Building in stealth 🥷”. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) 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)
-Crypto saw massive price jumps today, dominating headlines, liquidating shorts, and seeing $BTC reach new yearly high’s:
-Related positive sentiments:
-Long-duration US bonds are now further from their all-time high than Bitcoin is:
-10Y US Treasury did drop back below 5% today however:
-NFT volumes trending back up a bit, h/t @blockworksres:
-Hester Pierce comments on Spot Bitcoin ETF:
-@friendtech still generating plenty of attention as well:
-Contrarian macro thoughts from @FedGuy12 Joseph Wang:
-Good long-form market thoughts published yesterday from @DeFiMann:
-A lot of discussion around $TEURO the last couple days, sample from @ChainArgos below (as always though do your own due diligence):
-Lots of chatter about @MEXC_Official as well (again - we’re just reporting on what’s being talked about, so make sure to do further research yourself if interested):
-Interesting thread on Bitcoin and the market in general right now c/o @LynAldenContact:
-Newest weekly thread of liquid-staking news/stats from @KopremesisE:
-Excellent new macro interview with Mike Green @profplum99:
-Parting sentiments c/o @Crypto_McKenna:
Conclusion
Happy Tuesday friends! Enjoy the positive sentiments and price action!
And please RT/subscribe/etc if you found this valuable! :)
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