Happy Wednesday friends! Macro getting crazy again and lots of stuff going on in crypto!
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: $1,819.00
Oil (WTI): $88.50
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 100 chains with TVL down at least 10% on the weekly include Algorand (#36), Moonbeam (#37), Terra2 (#72), and Moonriver (#78).
Protocols are mixed today. Protocols with at least $5M TVL down at least 25% on the weekly include Algorand dex Pact, Algorand protocol Folks Finance (no category given), ETH Mainnet lending protocol UwU Lend, ETH Mainnet CDP protocol Raft, and Arbitrum yield protocol GND 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 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!)
-New/newish project called @okutrade. Twitter bio states “The most advanced DeFi trading platform, powered by Uniswap v3.”
-New dex on Zetachain called @AceSwap_. Twitter bio states “First decentralized exchange exclusively on #Zetachain.”
-New project on Cardano called @orcfax. Twitter bio states “Decentralized Cardano Oracle Feeds -- with permissionless access to data collection-validation-publication audit logs as standards-compliant archival papers”.
-Something new called @DivingBoardDefi. Twitter bio states “Institutional grade crypto derivatives exchange. Open to every type of trader.” h/t @AresLabs_xyz:
-New yield aggregator on Scroll called @aggreio. Twitter bio states “Your Ultimate DEX Liquidity Aggre-gator build on #Scroll”. h/t @AresLabs_xyz:
-New Berachain project called @KodiakFi. Twitter bio states “Berachain’s Native Liquidity Hub”. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $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)
-Long-duration US bonds continue to collapse in value as yields spike to multi-decade high’s:
-(Related) red day for stock market yesterday:
-Judge denies SEC’s motion to appeal Ripple ruling:
-Interesting chart/extrapolation c/o @rektcapital:
-Some interesting YTD performance stats for various well-known tokens, c/o @Flowslikeosmo:
-Japan’s precarious currency/bond market issues continue to dominate macro discussions as well, particularly in their connection to the US situation:
-Another defi protocol winding down, in this case @yield:
-US Dollar continuing its surge (note: we included a similar chart yesterday but accidentally referred to it as a ‘stonk chart’ when we meant to write ‘tradfi chart’):
-US national debt also surging:
-2023 narrative recaps c/o @thedefivillain:
-Interesting prediction re: stablecoins from @stefancoh:
-Great macro thread from @hkuppy:
-Excellent new thread from @DeFiMann with thoughts on the next 6-12 months in crypto and its various niches:
-Another interesting thread from @0xdavanai analyzing the performance of the top 100 coins from 2017 in the years since:
-Excellent thread summarizing Vitalik’s blog post from this week, c/o @BanklessHQ:
-Sim-swap attacks relating to @friendtech are generating lots of discussion, threads on the topic from @DrgStefanescu and @0xQuit below:
-New long-form interview with Arthur Hayes @CryptoHayes from @YieldLabs:
-Excellent new @leviathan_news livestream roundtable discussing the Arbitrum grants proposals and potential winners/losers/effects/etc:
-Strategic thoughts from @alpha_pls:
-Parting wisdom from @TheDeFinvestor:
Conclusion
Happy Wednesday friends! Could get crazy with the macro so stay alert and keep your head on a swivel :)
And please RT/subscribe/etc if you found this valuable! :)
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