We are seeing a rise in LSD protocols and the TVL for liquid staking protocols has overtaken DEXes to take the number 1 spot. Liquid staking is now the biggest category and also the biggest on an average per protocol level.
Macro: ETH resists the 2k psychological level, Banking fears subsided, though with another that is at the brink of collapse, and when the money printer starts, it could be bullish for crypto.
Narratives: Account abstraction, smart money into Lybra, HK coins could be the upcoming narratives.
Defi: Good entry, Really good vaults, MVX going to zkSync, TLDR audits not trustable with MerlinDEX being exploited
Tools: SQL resources, Macro indicator dashabord by Delphi digital, Trend tracking capital flows
Spicy news: Powell got pranked, Hayes bullish on crypto if another bank collapses, and Terra is not a security.
If you have not read the previous week’s highlight, here it is:
Hope you enjoy the content, and feel free to connect with me on Twitter here.
Segmenting the megathread of content into 5 parts:
Macro news
Trending narratives
Defi happenings
Educational resources and tools
Spicy crypto drama
1. Macro News
@arndxt_xo spills macro insights known only to the top 1%
@ogdave621 on ETH looking topish as it can’t sustain the 2k mark
@_FabianHD on his take on macro setup for the month
@WolfOfPoloniex shares trading targets
@jameslavish on BRICS
@0xjaypeg on debt ceiling and why does it matter
@sonalibasak on If the FDIC puts First Republic into receivership — what becomes of the depositors, many of which are now the nation’s big banks?
@Mayhem4Markets on Not enough U.S. banks are hedging interest rate risk
2. Trending Narratives
@TheDeFinvestor weekly alpha
@apes_prologue weekly alpha
@dennis_qian MDMA
@insomniac_ac cross chain monday
@DefiIgnas on top 2023 trends
@Moomsxxx on account abstraction EIP 2938 being the key to mass adoption
@2lambro on 30 projects on Sui
@AmirOrmu weekly on chain highlights
@matrixthesun 1shot1kill Portfolio Update Day 36. - Overall: $37,422 (+$12,741/51.6%)
@FungiAlpha list of alpha projects
@bull_bnb on HK coins as next narrative
@DegenSpartan trading plan
3. Defi Happenings
@crypticdegen22 on Velodrome
@francescoglt on a MEV future
@2lambro on a steady and simple defi strategy
@abdullahbumar on @UMichBlockchain
@0xCrypto_doctor on Elixir protocol
@zkSync_Labs on Metavault going to zkSync
@0xShinChannn on frxETH strategy
@0xsurferboy on Binance being a hybrid dex
@Flowslikeosmo on 5 undervalue Arb projects
@defi_candle on Gamefi projects with airdrops
@WinterSoldierxz take on CCTP
@stacy_muur on MerlinDEX audit by Certik, TLDR: cannot trust audits
@DeFi_Made_Here joined Good Entry Labs
@lou_markets on the exchange wars
@CieloFinance WL to join private beta with priority access code: zRockArbOp
@Moomsxxx on Thena stats
@CryptoGideon_ bullish on GAMMA
@0xCrypto_doctor on ApolloX finance
@hvshark on Ethermail airdrop and get your free Ethermail address now!
@rgv_finance builds a delta neutral funding rate arbitrage vault powered by @vertex_protocol
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@0x_Beans on ERC6551 allowing users to trade wallets with whitelist
@getmoni_io on veSync
@TingfengMM on projects with airdrops
@DeFiMinty on Curve reshaping the defi stablecoin scene
4. Educational resources and tools
@ColeGarnerXBT captial flow and trend tracker
@GoneMultichain on LSD mega thread
@Delphi_Digital macro indicator dashboard
@0xsurferboy on hackathon as a source of alpha finds
@leshka_eth on Dune analytic on chain monitoring
@AdarshChetan on SQL resources
@Dynamo_Patrick on weekly on chain fundamentals
5. Spicy Crypto Drama
@CryptoHayes on another bank on the brink of being dead and money printed will be postive for crypto
@WatcherGuru on Jerome Powell held a call with Russian pranksters posing as Ukrainian President Zelenskyy.
@Arthur_0x on Terra classic is not a security
FBI raids home of former FTX exec Ryan Salame: New York Times