This Week's Alpha - LSD & LSDfi, Perp DEX, DeFi News, Catalysts, On-chain Data, Early Projects, Multichain Hacked
This Week's Alpha - LSD & LSDfi, Perp DEX, DeFi News, Catalysts, On-chain Data, Early Projects, Multichain Hacked
Your Alpha curated to save you time
GM frens.
Another massive bridge has been hacked, Kraken cofounder’s home got searched by FBI, Binance got some FUD again too, and yet BTC price has not been so affected.
For us, this means the Market does not seem to be heading towards a downtrend, so we can focus on projects with catalysts and project launches.
You also probably heard of Threads, Meta's new Twitter-like project.
It’s always good to have alternatives and competition.
Twitter was supposed to be all about free speech, and yet we can’t talk about Substack on Twitter, we can’t share Substack Links, and now we will see our reach decrease if we talk about Threads. Doesn’t look like free speech to me.
Meta is not better for free speech, but at least it’s giving some competition to Musk, and new opportunity for people trying to build an audience.
If you have an Instagram Account, you automatically have a Threads account, which gives Threads a potential of 2B+ Users. Threads already has close to 100M Users.
You can try to seize this opportunity to build on Threads, and you can also follow me there if you want @cryptoshiro_:
https://www.threads.net/@cryptoshiro_/
It also means I now have an Instagram Account, created for the occasion, and there might be things there soon 👀:
https://www.instagram.com/cryptoshiro_/
Anyway, let’s get straight to the alpha! 👇
Today you will find Alpha on:
Narratives Summer Edition
LSD & LSDfi
Perp DEX Narrative
BTC Price Action
DeFi News
Catalysts
Project Launches
On-chain Addresses & Data
Early Projects & Gems
New Tools
And much more!
Today’s Newsletter is brought to you by Nested:
Already 30,000+ portfolios created
Browse through users' portfolios in the explorer and copy those that inspire you.
You can also easily create & track your own portfolio. Make money every time someone copies your portfolio.
No need to be an expert anymore. Copy other traders, learn from them, and grow as a part of the Nested community.
Your Alpha, gathered in the following categories:
1/ Narratives & Predictions
2/ News & Catalysts
3/ On-chain
4/ Data & Numbers
5/ Projects
6/ More Alpha
Find your alpha! 👇
Everything here are just ideas and is NOT Financial Advice.
1/ Narratives & Predictions
Tokens to watch for multiple Narratives in July (Prithvir12)
I’m mostly watching LSDfi, DeFi 2.0 & Perp DEXes, but all the narratives here are interesting.
I’m not fading the catalysts for Bitcoin based projects, Cosmos ecosystem, etc.
LSD & LSDfi Narratives (yieldinator)
And comparisons of the protocols.
Weekly Closure for Bitcoin (IamZeroIka)
Still looks healthy.
Plan and Adjustments depending on BTC Price Action (_FabianHD)
BTC Price Action Analysis (CryptoGirlNova)
Q2 Review & Q3 Strategy Forecast (2lambro)
Farming ideas, catalysts, and more.
2/ News & Catalysts
Last Week’s Developments in DeFi (TheDeFinvestor)
Vela Launch has been far from perfect, and people are disappointed, which is reflected on price action.
Some influencers would tell you it’s temporary and the launch has been perfect, but they’re ambassadors for Vela.
I’ll be out of VELA for now, cause we’re clearly on a downtrend.
Velodrome V2 has been successful, Optimism’s ecosystem is not doing so bad lately.
Still interested in Ghast and Maverick Protocol as well.
This Week’s Developments in DeFi (TheDeFinvestor)
dYdX Chain + Potential Airdrop.
Pendle on BNB chain, they keep the announcements coming.
Interesting to see PancakeSwap still being innovative and on the newest chains and technologies.
Recent News (0xSalazar)
Pendle listed on Binance (pendle_fi)
Good news for a project I’ve been talking about and watching for a while.
Root Protocol will launch on July 26th (Root_Genesis)
For a 2nd round of Audits to be led before the launch.
Rodeo Launch (Flowslikeosmo)
A project with a working product and interesting catalysts.
Sui Downfall (Axel_bitblaze69)
Sui is on a downtrend, community is not satisfied, not a lot of developers there, low amount of protocols, no innovation, I don’t see a good reason for now to hold this asset.
Ontop of that the emission for the next few months is crazy.
Multichain Bridge Hacked (TheDeFinvestor)
Interoperability could be the solution.
3/ On-chain
A Successful Trader’s Address (lookonchain)
Past good trades and success don’t mean they will be repeated again, but still interesting to follow the movements of this kind of whales.
How Whales acted for Pendle Listing on Binance (DeFi_Made_Here)
How someone turned $12k into $1M (lookonchain)
If this SmartMoney has insider info, it might be interesting to follow their address.
If they don’t, it was probably mostly a lucky trade.
A Whale trading DeFi tokens (lookonchain)
4/ Data & Numbers
Top 10 Perp DEXes by 7d Trading Volume (ThorHartvigsen)
Top Perp DEXes by revenue generated over 30 days (Flowslikeosmo)
DeFi Pumping, NFTs Dumping (DefiIgnas)
I don’t see this as a definitive downfall for NFTs, we might be approaching a market bottom, but the space is lacking innovation, utility and community lately.
And as long as it stays like that, I don’t see a reason to buy an NFT over other type of assets, outside of obvious catalysts.
BTC tends to rise in the second half of the year (Flowslikeosmo)
Weekly Onchain Data (ModestusOkoye)
For the following metrics:
TVL
Stablecoin Flow & Funds Bridged
Protocol Revenue
DEX Volume
Unlocks
5/ Projects
This category is for people looking for projects to research.
NFA, DYOR.
5.1/ Compilations
10 New Launches that could be the next 100x gems (CryptoNikyous)
Find Omnichain Isolated Lending Market for Exotic Collateral, a protocol to trade narratives, a non-custodial decentralized Ethereum LST-backed Stablecoin, and more.
Most Anticipated Projects for 2023 (kindahangry)
Find an Omnichain P2P Lending Market for LP Tokens, Berachain, omnichain DeFi Projects, Mantle, and More.
5 Projects on Arbitrum (CryptoStreamHub)
Described in 3 lines.
Top 5 LSDfi Projects (CryptoStreamHub)
With short descriptions.
THENA, VELO, and LVL not listed on Binance (0xSalazar)
Yet?
Early Projects (DegenCamp)
Launching soon for some of them.
Projects that recently launched (DeFi_Made_Here)
Alloyx, Cordyceps, Hook Protocol and more.
7 High-Potential Projects on Cosmos (0xFinish)
L1 Under 1B Marketcap with potential (wauwda)
Top 5 Perp DEXes for Summer 2023 (CryptoStreamHub)
Agree these are solid projects, but I’ll be primarly looking at catalysts for short-term investments.
HMX being the latest competitors in the market, I would probably watch it closely.
GMX V2 would also be a catalyst I’ll watch.
5.2/ More Projects
A new Perp DEX with potential? (CryptoGideon_)
I don’t know anything about this project but it does not have a token yet, and doing interesting numbers, I’ll have a closer look.
Seems like it’s Perp Options though.
Ambient Alpha (Slappjakke)
Taraxa Catalysts (wauwda)
Taraxa is an EVM-compatible smart contract platform based on t-Graph consensus utilizing block DAG, enabling web3 to solve real-world problems.
PNP & EQB good trades? (Flowslikeosmo)
GNS Supply going down (CryptoGideon_)
Undervalued? Finally a good entry?
6/ More Alpha
30 Free Data Tools (Flowslikeosmo)
5 Research Tools you may have not heard about (0xMughal)
New Tools (stacy_muur)
How you can act for different states of the Market (TheDeFinvestor)
Ethereum Cheat Sheet 2023 (arndxt_xo)
By thewalker_eth.
That’s it for today frens!
Thank you for sticking around, your future self will thank you.
Don’t forget to follow the people who provide us this content. They are big brains sharing their knowledge. You can also follow me on Twitter @CryptoShiro_.
If you liked this edition and love to learn and share knowledge about crypto, you can share this post with your crypto frens!
Everything here is NOT Finance Advice and purely informative.
This is gold. Hopefully you'll be discover in CT space, you're threads are really life changing. Keep it going bro! Nail it once over and over