Happy Thursday friends! Another crazy day in crypto/macro :)
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,661.50
Oil (WTI): $87.76
Stocks:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Ecoin $ECOIN +35.7%
-QuarkChain $QKC +26.4%
-Morpheus Network $MNW +25.3%
Down:
-Shardus $ULT -30.8%
-Safemoon $SFM -8.6%
-flexUSD $FLEXUSD -8.5%
Spotlight
We are partnering with our buddies at @CRE8RDAO to raise awareness about an interesting new stablecoin protocol called @GyroStable. If you’re a hardcore on-chain gigabrain it should be just up your alley. Here’s a thread on them that @The_ReadingApe just published:
Biggest TVL Movers
Chains are very green today, with 29 of the top 30 green on the daily (exception is Heco- #25). Solana has jumped back up past Optimism into the #7 spot. Near is down to spot #22 at -48.38% on the weekly.
Protocols are very green today as well. Some notables we haven’t mentioned recently include Rocket Pool (#19) at +20.43% on the weekly, Liquity (#22) at +22.29% on the weekly, Stargate (#26) at -10.92% on the weekly, Pando (#35) at -34.51% on the weekly, Armor (#42) at +20.50% on the weekly, Stakehound (#79) at +20.44% on the weekly, Ref Finance (#83) at -54.97% on the weekly, and Canto Dex (#99) at +33.68% 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 @stakerz_io added to @DefiLlama. Listed as being on Kava but Twitter bio states: “It’s THE lowest fee Multichain Yield Optimizer. Build for community.”
-Something new on Polygon called @RebellionProj. Twitter bio states “The Shark Tank of DeFi. Bringing Venture Capital opportunities to the masses.” (h/t @ApeOClock)
-Previously-mentioned protocol @magpiexyz_io has been added to @DeBankDefi. Again, Twitter bio states “A DeFi yield-boosting platform on #BNB Chain.”
-Something called @harpieio. Twitter bio states “The first on-chain firewall. Protecting you and your favorite protocols from theft.”
-Something called @kollider_trade appears to be launching (though Twitter account is a couple years old so possible we’re misinterpreting something). Twitter bio states “The Fastest and Easiest Way to Trade. Building on #bitcoin via the Lightning Network.” One of their tweets also refers to it as a “…the world’s first Lightning-native derivatives exchange…”
-Kava chain has been added to @DeBankDefi:
Rug Pull/Exploit/De-Pegging/Security Alerts
-@peckshield tweeted the following a couple hours ago:
-Good security reminder from @gammichan:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama (all types, $5M+ TVL only) and @stable_fish - Note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-$META (Facebook) crashed in price today:
-Lot of talk about liquidations on cex’s on Twitter today:
-European Central Bank (ECB) will announce next rate interest rate hike decision today:
-Near is winding down the $USN stablecoin:
-Physical silver increasingly seeing a supply crunch:
-@Dynamo_Patrick drawing attention to the growth of Balancer and Aura:
-Twitter/Elon news:
-@ipor_intern released an excellent thread on @GearboxProtocol:
-@phtevenstrong released a fantastic thread on funding rate arbitrage:
-Inflation data from @truflation:
-Interesting video AMA from @coinbureau, both for his answers but also because the questions shed a lot of light on current mainstream/retail thoughts toward crypto:
-@TIP_Network and @PrestonPysh released an absolutely fascinating interview with @LukeGromen today, going over the current macro situation, the odds of a Fed pause, the geopolitical situation in Europe, the energy crisis, and potential ways the global sovereign debt crisis could play out:
Conclusion
Have a great Thursday 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!