Happy Monday friends! Is a holiday in the US so no stonk market today, but crypto never sleeps :)
Stats/alerts/etc at top and news/events/links at bottom as always!
Market Update
Overall crypto market cap: -0.2% to $1.02T.
$BTC: -0.6% to $19,731.99, and a market cap of $377.7B.
$ETH: +0.3% to $1,573.13, and a market cap of $189.3B.
Gold: $1,721.57
Oil (WTI): $89.64
Stocks: N/A
More Crypto:
Biggest Price Movers
(From @coingecko top 500)
Up:
-BitcoinStaking $BSK +192.0%
-Blox $CDT +22.5%
-Dejitaru Tsuka +19.9%
Down:
-MrWeb Finance [OLD] $AMA -39.1%
-Bytecoin $BCN -27.7%
-Plex $PLEX -22.3%
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 pretty mixed today. A few notables on the weekly: Aurora is up 14% to spot #20 and $166.62M TVL, Parallel is up 25% to spot #36 and $44.14M TVL, Dogechain is up 15% on the weekly to spot #53 with $22.59M TVL.
Protocols are also quite mixed today. Instadap is up 20% on the daily in spot #10. Stargate is down 19% on the weekly in spot 18. MM Finance down 19% on the weekly in spot #27. Euler Finance up 17% on the weekly in spot #40. Platypus down 21% on the weekly in spot #61. DefiChain Loans up 59% on the weekly in spot #96.
Here’s The Top 12 Chains By TVL:
Here’s The Top 12 Protocols By 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!)
-New dex on Dogechain called @BoneSwapAMM. (h/t @ApeOClock)
-New Dogechain dex called @sweetswapfi added to @defillama.
-Recently-mentioned @FinanceLiquid has been added to @debankdefi.
-New Cronos NFT platform @MintedNetwork has been added to @debankdefi.
-New protocol called @xdxexchange. Twitter bio states “Multi-Chain Decentralized Futures Trading Platform. 100% of platform fees distributed between XdX and XlX holders.”
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
No security alerts to be found today! (think this is a first!)
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)
-Important notes on the week ahead from @tier10k:
-Dollar surging against Euro:
-@berachain continuing to spark discussion:
-New UK Prime Minister:
-Finnish economic minister says European energy crisis could be an energy industry “Lehman Brothers”, as Europe considers price caps and the “temporary suspension of European power derivatives markets”:
-Excellent data visualization gif from @Dynamo_Patrick:
-Daniele Sesta will apparently be moving on from Time Wonderland:
-@DegenSpartan on $MKR’s less than impressive performance vs $ETH:
-An excellent Substack article on what Zimbabwe’s hyperinflation was like for a Western investor stationed there generated a lot of discussion on Twitter:
-Dogecoin Fear And Greed Index at higher number than Bitcoin one:
-More NFT insights from @nansen_intern:
-@korpi87 released an excellent thread analyzing whether the merge is “overhyped”:
Conclusion
Have a great Sunday friends!
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