Happy Thursday friends! Eventful week continues!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Crypto:
Gold: $1,642.30
Oil (WTI): $80.94
Stocks:
Biggest Price Movers
(From @coingecko top 500)
Up:
-Ethernity Chain $ERN +140.0%
-Orbs $ORBS +21.3%
-Gains Farm $GFARM2 +20.0%
Down:
-Bytecoin $BCN -95.9%
-Ribbon Finance $RBN -11.8%
-Everscale $EVER -11.4%
Spotlight
Alright Curve/Convex/Balancer/Aura/etc fans, we are partnering with the absolute Chads at @Paladin_vote to make sure people know about everything they’ve been building! To wit…
$vlCVX & $vlAURA token holders can now farm optimized bribe yield by delegating to Paladin.
Paladin specializes in creating markets and services for token holders to get the most out of their governance power. Quest is their novel gauge vote platform on Warden that allows DAOs to sustainably bribe veCRV and veBAL voters. Now, it offers bribe optimization across all bribe platforms for vlCVX and vlAURA voters.
You can delegate through their newly updated Warden dapp or to convex.palvote.eth and aura.palvote.eth. There are zero costs except gas fees to delegate.
More info in below post:
Biggest TVL Movers
Chains are mixed today. Arbitrum (#7) is still flirting with the $1B TVL mark but not quite there. Ethereum (#1), Solana (#5), Arbitrum (#7), Optimism (#8), Kava (#14), and Celo (#23) are all up over 6% on the weekly.
Protocols are quite green today. Monthly has fewer winners, with only growth among top 30 protocols belonging to Curve (#2), Rocket Pool (#17), GMX (#22), and Aura (#27).
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 24 Hour Volume (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!)
-Something called @infy_protocol has been added to @defillama. Twitter bio states “#NFT Renting - For Guilds, Games and Scholars Add Utility to your NFT project. Live on @0xPolygon…”
-Something called @LemmaFinance added to @defillama. Appears to be a perps protocol with a stablecoin backed by delta-neutral strategies, however TVL is listed as basically zero and Twitter account hasn’t been updated for months.
-Fascinating stuff launching on BSC… @DegenStreetBet... Twitter bio states “Games of antiquity transforming into the premiere destination for gaming. Forged on the streets. Calibrated to disrupt DeFi…” Pinned tweet says “Hong Kong degens are primed for DegenStreetBets’s momentous presale!!!” (h/t @ApeOClock)
-Another fascinating BSC one… we have a “kids… Learn2Earn” protocol launching called @SOWLToken. (h/t @ApeOClock)
-New protocol called @DeFi_Franc has been added to @DeBankDefi. Twitter bio states “#DeFiFranc - the First Fully Decentralized Stablecoin Pegged to the Swiss Franc. ReDEFIning Stability.”
-Something called @foil_labs building on Aptos. Twitter bio states “Foil is building the lowest fee stable swap/cross chain liquidity protocol on Aptos as a first product.”
-New protocol called @0xC_Lever. Twitter bio states “CLever simplifies & automates the process of earning bribes and rewards for $CVX, and lets users claim their future yields today!”
-Another protocol being built on @berachain, called @BeramudaFinance:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert released alerts on Discord hacks relating to @HangryHipposNFT and @OutcastAcademy and @DappRadar.
-@Wallet_Guard released the following alert:
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)
-Lots of news and analysis on UK being forced to start buying government bonds (ie a form of yield curve control/money printing/etc):
-Lots of Chainlink news on the TL after Sergey/Eric Schmidt discussion at SmartCon:
-Stocks rebounded yesterday (apart from Apple):
-Update on Nordstream attacks:
-Robinhood seeming to put a lot of focus on crypto as of late:
-Updates on Ukraine situation:
-Great chart illustrating the 2022 “Dollar Milkshake” crash of non-USD currencies:
-@phtevenstrong is giving daily update videos from the Cosmos conference in Medellin:
-@FlywheelPod interviewed @0xsami from @redactedcartel in a fascinating 1.5 hr video for hardcore degens:
-@RealVision host @AndreasSteno interviewed macro expert Tony Greer @TgMacro on the Nordstream attacks and current market outlook:
Conclusion
See you tomorrow friends!
Please RT/follow/etc if you found this helpful! :)
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Note
Make sure to check out our official sponsor for the month of September- @DexGuru - a non-custodial on-chain trading terminal + analytics + charting platform that provides token swap execution capabilities on all the main EVM chains!