Happy Monday friends! Another big week ahead of us!
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: $2368.80
Oil (WTI): $84.64
US 10Y Treasury: 4.556%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note degens! Traders are taking advantage of volatility and LP’s are earning hearty yields on @vertex_protocol!
Once again, Vertex is a cross-margin spot, perps, and money market protocol where users can trade, earn, and borrow all in one place, and is the Official Sponsor of The Daily Degen :)
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!
They just hit a combined 24 hour volume of over $1B between @vertex_protocol and @tradeonblitz! So make sure to visit their site now to get started trading and/or yield-maximizing!
Biggest TVL Movers + Else
Chains were red most of the day but starting to shift to green. Biggest gainer on the weekly among top 30 chains is Merlin (#12) at +125%, and biggest loser is Aptos (#18) at -32.21%.
Protocols were also quite red but now shifting. Biggest gainer on the weekly among top 100 protocols is Connext (#34) at +1,371%, and biggest loser is Benqi (#59) at -48.67%.
Here’s The Top 12 Chains By Weekly Growth On The TVL With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Protocols By Weekly Growth On The TVL With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Token-Holders’ Revenue (from @DefiLlama):
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!)
-Something new called @nftpulseorg. Twitter bio states “understand what's happening in the NFT ecosystem. A project by @electriccapital”. Followed by 5 of our mutuals. h/t @AresLabs_xyz:
-New project called @runigun. Twitter bio states “Create, mint, send and trade runes securely and effortlessly on the Bitcoin blockchain via Telegram.” Followed by 16 of our mutuals. h/t @AresLabs_xyz:
-Something new called @MH_Inscriptions. Twitter bio states “By @novel_labs”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-Something new called @ocapgames. Twitter bio states “Digital/physical games bringing IP to life. Incubated by @spencer”. Followed by 9 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) 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!
-Potential security alert from @dcfgod:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Hong Kong ETF’s have apparently been approved, h/t @WuBlockchain:
-Meme coins and AI led the bounce back after the weekend crash, h/t @QwQiao:
-Macro schedule for the week ahead, c/o @KobeissiLetter:
-Base season continuing to heat up, h/t @Dynamo_Patrick:
-Only 6 of the top 50 coins have outperformed $BTC so far this year, h/t @VentureCoinist:
-Interesting (contrarian?) thoughts on $ETH from @krugermacro:
-Outperforming vs underperforming narratives over the last week, h/t @CryptoKoryo:
-Interesting thoughts on crypto/venture/etc from @pythianism:
-A product demonstration video from @AIWayfinder is generating a lot of attention, h/t @TheRogueItachi:
-Extremely thorough thread on everything Bitcoin L2’s from @Beacon_Early:
-Excellent thread on @sanctumso, which has been generating buzz in airdrop circles as of late, c/ot @JamesleyHanley:
-Newest macro video from ‘Dollar Milkshake Theory’ originator Brent Johnson @SantiagoAuFund and co:
-Market update/thoughts from @0xMughal:
-Parting wisdom c/o @NorthmanTrader:
Conclusion
Happy Monday friends! Let’s get after it!
And please RT/subscribe/etc if you found this valuable!
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Note
Take note good degens!
A new project called @MetadappHQ is having its LBP on @FjordFoundry!
Here is the rundown on everything!
“Can traders really have an edge nowadays?
Definitely, but only with the right toolkit.
The problem?
Necessary trading tools are dispersed across various applications, making efficient trading more of a dream than a reality.
Metadapp tackles this head-on by integrating copy-trading, wallet analysis, and cross-chain trading bots into a singular, efficient platform that revolutionizes on-chain trading.
Like a swiss army knife, Metadapp’s tools are built for every occasion.
And you get them all on one platform.
With over $550k raised from investors and notable platforms including Alchemy and KoiPond, Metadapp is poised to significantly impact the way people trade on-chain.
Metadapp will bring the “smart trading” narrative to you via Blast Network this April. Be among the first to acquire 14% of the $MDP supply through their LBP on Fjord Foundry from April 15 to April 18 at 12 p.m. UTC. Secure your allocation here.”
Again, the LBP is live starting today April 15th so make sure to check it out if interested!
Note: This announcement is part of our partnership with @TailoredWeb3 from our friend @JiraiyaReal!
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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.