Weekend is here fellow degens! Don’t forget to do some good grass-touching!
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: -1.5% to $1.02T.
$BTC: -2.2% to $19,850.04, and a market cap of $379.9B.
$ETH: -4.7% to $1,557.38, and a market cap of $187.4B.
Gold: $1,722.60
Oil (WTI): $87.25
Stocks:
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-bZx Protocol $BZRX +56.1%
-Dejitaru Tsuka $TSUKA +20.3%
-Volt Inu $VOLT +19.8%
Down:
-Syscoin $SYS -14.7%
-Cube $ITAMCUBE -12.5%
-Wrapped Centrifuge $WCFG -9.5%
Biggest TVL Movers
Chains are pretty red today. The monthly column suggests we are heavy in ETH L2 season, with the only top 10 chains green being Polygon (#5), Arbitrum (#7), and Optimism (#8). We also have Metis (#33) clocking in at an impressive +37% on the monthly.
Protocols are pretty flat today. Only two top 100 protocols green on all three columns (daily/weekly/monthly) are Frax (#13) and GMX (#29).
Here’s The Top 12 Fastest-Growing Chains By Weekly TVL (from @defillama - no minimum TVL filter so take heed of the TVL numbers):
Here’s The Top 12 Fastest-Growing Protocols By Weekly TVL (from @defillama - minimum $1M TVL):
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!)
-Previously-mentioned @cega_fi has been added to @defillama. TVL is $33.11M. Twitter bio states “Safer yields in volatile market environments. We're building the next evolution in defi derivatives using exotic options.”
-Newish protocol @LogiumDEX has been added to @defillama. Description reads “Logium is the first decentralized platform that allows users to trade and bet on the price of any token available on Uniswap. By using Logium, users can long and short ERC-20 tokens with leverage.”
-New protocol called @TheSwappery. Twitter bio states “The first and only cross-chain DEX on Casper Network & BSC.”
-New Solana protocol called @Kamino_Finance. Twitter bio states “Solana’s Ultimate Liquidity Destination: Composable automated liquidity management”. (h/t to @pt1mfv_ for the heads up on this one)
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-@certiKAlert issued alerts regarding a Discord hack of @LCDLabNFT, and a fake audit claim by @WorldsBeyondNFT.
-Security alert from @Wallet_Guard:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ tvl and no-il and single-exposure only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Unemployment data came in at slight increase:
-Gazprom has announced Nordstream 1 gas pipeline to Germany will remain closed until “repairs are made”, as European energy crisis/geopolitical tensions continue (take from Arthur below with link to tweet on it from @JavierBlas):
-$ETH still at base of Rainbow Chart:
-Alt L1’s are back in the news, with popular threads coming out on @berachain (by @burstingbagel) and @SeiNetwork (by @WarrenFeldman3):
-Is looking like the merge and next US CPI report may take place the same day:
-$AURA / $OHM info:
-$CRV / $veCRV info:
-Adoption in Latin America:
-@blockworksres released a very thorough thread comparing dYdX and GMX:
-@beefyfinance now with over 100 stablecoin vaults:
-Thoughts from @conzimp on September:
-$EUR analysis from @Carolinakeith_1:
-NFT platform @paint_swap just released a bunch of upgrades to mark their one year anniversary of launching:
-Nansen Unsupervised interview with @ledgerstatus and @cmsintern (notes from @crypto_kat):
-For our big macro fans, a fantastic lineup did a spaces this morning on Twitter, including @DoombergT, @lukegromen, @geo_papic, and @ttmygh (Grant Williams). Here is the recording (you may need to skip ahead a bit at start if its silent):
-Interesting article on MEV/merge/etc from @noxx3xxon that generated a lot of discussion on Twitter, with additional discussion in comments from @tayvano_ and @foldfinance:
Conclusion
See you tomorrow friends!
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