Happy Sunday friends! Tradfi closed but crypto going hard at it! Let’s get after it!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
NOTE: We’re still having trouble embedding tweets, so we have screenshotted and hyperlinked them again :)
Market Update
Crypto (from @TickerTop and cryptobubbles(dot)net):
Gold: $2,04.00
Oil (WTI): $82.52
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The crew over at @pendle_fi keeps making waves!
They’ve been generating intense interest and gaining TVL at a massive clip, as investors and yield maximizoors take advantage of the various opportunities provided by their platform.
Now on both Eth Mainnet and Arbitrum, we’ve been helping amplify everything they’ve been building as of late here in the Spotlight section.
In that vein, we wanted to highlight an extremely good thread about them that @0xTindorr just released:
Biggest TVL Movers
Chains are mixed today. Top 30 chains up at least 10% on the weekly include Osmosis (#16), Cardano (#18), Algorand (#19), Canto (#21), zkSync Era (#23), Ronin (#24), and Rootstock (#25).
Protocols are mostly green today. Only top 100 protocols red on all three timelines (daily, weekly, monthly) are Convex Finance (#7) and Olympus DAO (#43).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Stablecoins By Market Cap (from @coingecko):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
Fees:
(from cryptofees(dot)info)
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!)
-Something new called @SpiralFi on zkSync has been added to @DefiLlama. Twitter bio states “A non-custodial privacy solution based on Zk-Sync ERA, 100% of the platform fees go to token holders!! $SPIRAL IDO TBA @zksync”.
-Previously-mentioned @Rodeo_Finance on Arbitrum has been added to @DefiLlama. Twitter bio states “Get leverage on your favorite Arbitrum positions 🐂🤠”.
Security Alerts
-@HundredFinance was hacked today on Optimism:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ TVL, single-exposure, and no-IL 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)
-New L1 Sui generated intense news/discussion today, h/t @lookonchain, @CryptoStreamHub, and @Flowslikeosmo:
-Variety of interesting macro data:
-Some interesting charts from @glassnodealerts and @Delphi_Digital:
-Uniswap/Polygon info from @leviathan_news:
-Macro thoughts from @LynAldenContact:
-New thread from @thelearningpill on Injective, which has been generating a lot of buzz as of late:
-Good thread from @ipor_intern:
-New podcast appearance from tradfi investing gigabrain @hkuppy:
-New episode of @Unchained_pod from @laurashin:
-Weekly macro breakdown from Joseph Wang @FedGuy12:
-New video providing an overview of $ETH yields from @phtevenstrong:
-Alfa c/o @moneyhippi:
-Parting sentiments from @0xBilly and @Fernjosh1:
Conclusion
Have a great Sunday bros!
And please RT/follow/etc if you found this valuable! :)
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Note
The Chadish gents over at @NestedFi are our official sponsor for the month of April!
Nested is Social Trading protocol currently on Arbitrum, Avalanche, BSC, ETH Mainnet, Optimism, and Polygon.
It lets users create and actively trade portfolios, copy-trade other investors/traders, create easy DCA strategies, and more!
Their Founder @KadochRudy and Growth Lead @alpha_pls are going to be interviewed on Monday by our friend @Subli_Defi on The Optimistic Podcast, so make sure to check it out!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections 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.