Happy Monday fellow degens! Big week ahead of us!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: +1.4% to $1.12T.
$BTC: +3.3% to $22,314.80, and a market cap of $427.3B.
$ETH: -0.9% to $1,751.88, and a market cap of $211.1B.
Gold: $1,735.50
Oil (WTI): $87.69
Stocks: N/A
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Loom Network [OLD] $LOOMOLD +174.5%
-Phoenix Global $PHB +69.0%
-STP Network $STPT +39.6%
Down:
-Terra $LUNA -20.9%
-TerraClassic USD $USTC -18.9%
-Anchor Protocol $ANC -17.7%
Spotlight
We are partnering with our buddies at CRE8R DAO to raise awareness about @tangibleDAO, a new RWA-backed stablecoin protocol on Polygon. Here is an excellent thread on them from @DefiMadeHere:
Biggest TVL Movers
Chains are looking a bit red today. The only top 25 protocol green on all timelines (daily/weekly/monthly) is Osmosis (#16). Ones red on all three include Avalanche (#4), Polygon (#5), Cronos (#9), Klaytn (#13), and Waves (#17).
Protocols are also pretty mixed today. Only top 100 protocols green on all three timelines (daily/weekly/monthly) are GMX (#27), Osmosis (#40 - guess @defillama is including them as both a chain and a protocol), Stader (#80), Notional (#82), and Algofi (#89). Ones from top 100 red on all three include Curve (#4), Uniswap (#5), Convex (#6), Compound (#9), Arrakis (#12), Frax (#14), Alpaca (#21, dYdX (#24), VVS Finance (#25), DeFiChain Dex (#28), Quickswap (#37), Olympus DAO (#38), MM Finance (#54), Vires Finance (#72), and TempleDAO (#93).
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 Dex’s By Volume (from @defillama - note: this is a new category on @defillama that we will start including at least once a week if not more - h/t to our friend @Dynamo_Patrick for drawing our attention to it - make sure to give him a follow!):
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!)
-Something called @UFOFinance is launching on BSC. Twitter bio states “The first L2 Decentralized off-exchange Market Protocol for BNB Smart Chain | Create, Trade and Manage collaterals…” (h/t @ApeOClock)
-Something called @CarbonChains is launching. Appears connected to BSC but also its own L1(?). Twitter bio states “Connecting the real world to Web3. Carbon is a fast, secure, and decentralized platform.” (h/t @ApeOClock)
-A new/newish protocol called @procyon_finance has been added to @defillama (38k TVL). Description reads “The best yields on Cronos!”
-New Dogechain dex called @inuswapfi has been added to @defillama (no TVL reported).
-Another new Dogechain dex called @BoneSwapAMM doing its presale this week.
-Something called @X7_Finance. Twitter bio states “This is a community-run account that shares research, insights, and knowledge of the mysterious X7 Protocol.”
-New protocol called @FetaMarket. Twitter bio states “The premier NFT options trading platform. Coming Soon.”
-A new protocol (dex?) on Polygon (?) called @VirtuSwap appears to be working towards launch. Twitter bio states “State-of-the-art Financial Engineering. Lower Trading Costs. Higher LP Returns… Stay tuned for official launch…”
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released an alert regarding Discord hacks of @lphaCentauriKid and @PandaManiaNFT.
-@Wallet_Guard with good reminder to stay hypervigilant about scams going into the merge:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL and no-IL and single exposure 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)
-Latest merge estimate:
-Dollar backing off a bit this morning (typically good for risk assets like crypto, stonks, etc):
-Real estate starting to see effects of all this austeritooring (first tweet), with markets like Australia where variable rate mortgages are the norm being particularly vulnerable (second tweet):
-News re: Algorand re: Hodlnaut:
-Next week will be big week for interest rate decisions:
-@ericwl on the bear case for the L1 rotation trade:
-Possible paradoxical bull case for US equities due to problems in Europe:
-Plutus-alfa from @APP0D14L:
-@ReveloIntel released a great recap of Vitalik’s recent interview with @Noahpinion:
-Info on @acrossprotocol’s ongoing airdrop/referral program for bridgoors:
-Near launches VC fund:
-500 million new adoptoors?
Conclusion
See you tomorrow friends!
And please RT/follow/etc if you found this helpful! :)