Happy Friday good degens!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles24):
Gold: $2414.30
Oil (WTI): $85.97
US 10Y Treasury: 4.548%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note good degens… we’re helping Metis raise awareness about everything going on in their ecosystem, and in that vein wanted to highlight @TheHerculesDEX and their upcoming TORCH sale on April 18th!
Hercules is a friendly fork of the groundbreaking Camelot Dex model and is generating intense excitement amongst Metis devotees and dex appreciatoors!
As a quick summary:
“With a composable, efficient liquidity protocol featuring seamless swaps, staking, real yield, and a launchpad, Hercules aims to become the native liquidity layer for the Metis Andromeda network. Its flexible features are tailored to protocol-owned liquidity, allowing dynamic fees and customizable incentives packaged in a user-friendly interface…”
Check out Hercules DEX by clicking here and make sure to follow them on Twitter at @TheHerculesDEX and Metis at @MetisL2 to stay updated on the coming TORCH sale!
Biggest TVL Movers + Else
Chains are mixed today. Top 30 chains up at least 50% on the monthly include Solana (#4), Blast (#6), Bitcoin (#8), Merlin (#15), Starknet (#20), Mode (#27), and Linea (#29).
Protocols are mixed today. Top 50 protocols up at least 100% on the monthly include Pendle (#7), Renzo (#11), Ethena (#18), Zircuit Staking (#19), and Aerodrome (#36).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $10M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $10M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New project called @magnetaixyz. Twitter bio states “The First ModelFi Protocol”. Followed by 8 of our mutuals. h/t @bobtherebuilt:
-New project called @MeckaAI. Twitter bio states “Data Layer for AI Robotics”. Followed by 39 of our mutuals. h/t @AresLabs_xyz:
-Something new called @Arete_xyz. Twitter bio states “A multi-strategy digital asset fund working towards realising a sovereign future.” Followed by 23 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-Security-related alert from @WuBlockchain:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Yesterday’s PPI (inflation) numbers came in cooler than expected, h/t @krugermacro:
-Big announcement yesterday re: Circle/BlackRock partnership, h/t @CoinbaseDuck:
-Thoughts on the above c/o @crypto_condom:
-Gold hits $2400 for the first time ever, h/t @SlopeOfHope:
-Re: the above, gold’s parabolic surge is catalyzing much discussion in macro circles, rather ominous example from Joseph Wang @FedGuy12 below:
-$OMNI airdrop generating much attention, h/t @ayyyeandy:
-Good news/alfa synopsis c/o @0xSalazar:
-And more news/narrative info c/o @TheDeFinvestor:
-Meme coins utterly dominated Q1, h/t @dunleavy89:
-GBTC update c/o @zerohedge:
-Good thread on @frenpetonbase from @beo_woolf:
-Good thread on @sanctumso from @cruzcontrol660:
-New interview from @TaikiMaeda2 with @AgentChud (formerly CryptoMessi):
-New gem hunting livestream from @blocmatesdotcom featuring @jediblocmates and @satoastshi:
-New @BanklessHQ weekly roll-up:
-New episode of NFA Live featuring @coinbureau, @NewsAsset, and @intocryptoverse:
-Daily airdrops update from @KryptoCove:
-Parting sentiments c/o @Trim_Bot:
Conclusion
Happy Friday good degens! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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Note
On-chain traders take note! Our Official Sponsor @vertex_protocol continues rolling out more and more tools and features!
As background, Vertex is a cross-margin spot, perps, and money market protocol where users can trade, earn, and borrow all in one place…
They have a ton of cool stuff going on, most notably their new cross-chain unified liquidity architecture EDGE (@poweredbyvertex), fiat on/off-ramping through @transak, and much more… and also the most advanced and user-friendly UX available to on-chain traders!
Make sure to visit their site now to get started and check out the in-depth thread they just published on their Advanced Trading Tools (see below)!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.