Happy Sunday friends! Another fascinating day in defi/macro!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,652.97
Oil (WTI): $87.90
Stocks: N/A
Biggest Price Movers
(From @coingecko top 500)
Up:
-Gala $GALA +24.3%
-Covalent $CQT +16.1%
-StarLink $STARL +13.4%
Down:
-KryptonDAO $KRD -39.5%
-Dejitaru Tsuka $TSUKA -19.6%
-Manifold Finance $FOLD -19.3%
Spotlight
We are partnering with our buddies at @CRE8RDAO to raise awareness about an interesting new stablecoin protocol called @GyroStable. Here’s an article on them from CT gigabrain @cburniske that just came out a couple days ago:
Also here is the direct link to the article: https://www.placeholder.vc/blog/2022/10/27/gyroscope-thesis
Biggest TVL Movers
Chains are mostly green today. Arbitrum (#6) and Optimism (#7) are both now over $1B TVL. Among top 30 chains Osmosis (#16), Canto (#24), and Cardano (#30) are all up over 20% on the weekly.
Protocols are a little redder today. Some notables include Ref Finance (#80) at -54.76% on the weekly, Gearbox (#84) at +1004% on the weekly, KyberSwap (#97) at +34.36% on the weekly, and Hop Protocol (#100) at +69.11% 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!)
-Newish protocol listed on @DefiLlama called @anetaBTC. Twitter bio states “Decentralized, On-chain Wrapped BTC on Ergo and Cardano.”
-Something called @DexitNetwork. Twitter bio states “Dexit Network is a highly efficient layer one blockchain where developers can build their smart contracts like Defi Apps, NFT, games, etc, and earn up to 50% in” [sic]
-Something called @Unlockd_Finance. Twitter bio states “Unlockd lets you maximize the return on your NFTs with an instant loan keeping the utility of your collateral.”
-Something called ‘Pear Credit’ - no Twitter account specific to it- linking to thread announcing it from @BitcoinErrorLog below:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@CertiKAlert released an alert on a Discord hack of @The_Chimpsons.
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)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Arthur on $DOGE:
-Interesting Japan charts from @LynAldenContact:
-Interesting bit of info if accurate:
-Analysis from @0xroborosCap8:
-Interesting tradfi chart from @NorthmanTrader:
-@LiquidDriver deploying on Optimism:
-Fatalistic bullishness from @resdegen:
-@PlutusDAO_io released a thread summarizing their new tokenomics upgrade:
-Yearly stats on commodity price changes:
-A couple tweets from a thread of $BTC charting from @Carolinakeith_1:
-Excellent thread from @gametheorizing:
-@CryptoGrills published a thread on $frxETH staking:
-@blocmatescom released an interesting interview with @jackniewold:
Conclusion
Have a great Sunday fellow degens!
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 + dex aggregator! You can visit their site by clicking here!