Happy Wednesday friends! And happy Fed day!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: -1.9% to $.959T.
$BTC: -2.2% to $18,869.18, and a market cap of $361.5B.
$ETH: -2.1% to $1,327.21, and a market cap of $160.3B.
Gold: $1,673.40
Oil (WTI): $86.46
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Ellipsis [OLD] $EPS +22.9%
-Everdome $DOME +19.6%
-Axion $AXN +16.7%
Down:
-Dopex $DPX -14.8%
-Ergo $ERG -14.7%
-Bytecoin $BCN -14.4%
Biggest TVL Movers
Chains are mostly red today. Algorand leapfrogged Osmosis into spot #16 by TVL. Canto has dropped to #30 at -32.90% on the weekly. Top gainers on the weekly among top 50 chains are Gnosis (#19) at +9.01%, Acala (#31) at +27.72%, and Ronin (#32) at +10.66%.
Protocols are also mostly red today. Some notables include Instadapp (#10) at -23.14% on the weekly, Sushi (#16) at +35.39% on the weekly, Euler Finance (#32) at +23.45% on the weekly, Ankr (#56) at +37.46% on the weekly, BendDAO (#92) at +93.74% on the weekly, and Helio Protocol (#93) at +300% on the weekly.
Here’s The Top 12 Fastest-Growing Chains By Weekly TVL (from @defillama):
Here’s The Top 12 Fastest-Growing Protocols By Weekly TVL (from @defillama - note: this one has a TVL filter so this list includes $1M+ TVL protocols only):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BTC_CFGI)
Ethereum Fear/Greed Index:
(from @ETH_CFGI)
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!)
-A newish “market neutral AMM” on Polygon called @SwaapFinance has been added to @defillama (TVL 500k).
-New Cardano protocol called @adaswapapp. Twitter bio states “Swap, bridge & trade between Cardano-based tokens & NFTs within seconds!”
-New protocol called @DcafLabs. Twitter bio states “The only permissionless and composable Dollar Cost Averaging (DCA) protocol.”
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-A reminder from @wallet_guard regarding the Profanity vulnerability that was a key issue in the Wintermute hack yesterday:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama (all types - $1M+ 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)
-FOMC meeting/Fed rate hike announcement is today:
-Wintermute has offered a 10% bounty to the hacker that stole $160M from them yesterday:
-$USDT news:
-Vladimir Putin made a speech that is generating intense discussions re: geopolitics/macroeconomics:
-@Route2FI with some rather sobering numbers:
-Bearish situation developing in South Korea?
-@blockworksres on Yearn Finance:
-@OlimpioCrypto released a thread on how to take advantage of the new @optimismFND “Quests” potential airdrop:
-News from Germany:
-@crypthoem released a thread on Liquid Driver’s ongoing updates and additions:
-Seeing a number of gigabrain mutuals tweeting this so could be alfa:
-@burstingbagel released a thread on a new protocol called @abacus_wtf:
-For our macro fans, @UrbanKaoboy released a very interesting thread on the real estate situation in various markets worldwide:
Conclusion
Good luck with Fed day anons!
And please RT/follow/etc if you found this helpful! :)
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Spotlight
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