Happy Tuesday frens! Let’s get after it!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
NOTE: The Twitter/Substack tweet-embedding function still appears to be broken, so we have screenshotted and hyperlinked them again :)
Market Updates
Crypto (from coingecko(dot)com and cryptobubbles(dot)net):
Gold: $2,003.20
Oil (WTI): $80.76
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The good 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 were just interviewed on Monday by our friend @Subli_Defi on The Optimistic Podcast! Here is a great thread summarizing it from @thongqtran!
Biggest TVL Movers
Chains are mostly green today. Biggest gainer on the weekly among top 20 chains is Kava (#13) at +22.31%. Biggest loser is MultiversX (#29) at -8.83%.
Protocols are mixed today. Biggest gainer on the weekly among top 50 protocols is Radiant (#38) at +24.19%. Biggest loser is Alpaca Finance (#31) at -14.49%.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama - note: no minimum TVL filter):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: minimum $1M TVL):
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!)
-New Arbitrum dex called @dex_change. Twitter bio states “Our DEX offers seamless liquidity provision and an integrated liquidity locker, allowing users to maximize their earnings while keeping their funds secure.”
-New protocol called @ExtraFi_io. Twitter bio states “leveraged yield farming & lending, built on @optimismFND”. h/t @toffee248:
-New protocol called @zkera_fi. Twitter bio states “Decentralized exchange launching in April on #zkSync Era.” Also h/t @toffee248 - make sure to give him a follow!
-New project called @ReactorFusionR. Twitter bio states “We built ReactorFusion ®, innovative DeFi-lending platform.” h/t @AresLabs_xyz:
-New EOS EVM project called @Noah_DeFi has been added to @DefiLlama. Twitter bio states “Best DeFi on EOS EVM”.
-Another new EOS EVM project called @EoswapFinance has been added to @DefiLlama. Twitter bio states “Easy and fast trade in EOS EVM!”
-New protocol called @SoluneaDex on zkSync has been added to @DefiLlama. Twitter bio states “First ❤️ 100% Real Yield & Fully community owned ❤️ ve(3,3) DEX on @zkSync”.
-Something on Kava called @toreusfinance has been added to @DefiLlama. Twitter bio states “A lending market inspired by Geist, powered by the Kava Community & Secured by Tendermint Concensus”.
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)
-Brypto prices remain elevated, with $ETH leading the bullish price action post-Shanghai:
-Related sentiments c/o @Awawat_Trades :)
-Gary Gensler generating more headlines, discussion:
-Apple generated a lot of buzz today with an announcement of a new savings account paying 4.15% interest:
-@_FabianHD with the bull case on $SNX:
-CME adds daily expirees for BTC and ETH:
-Interesting security-related thread from @tayvano_ is getting a lot of attention on Twitter:
-Interesting thread summarizing an extended interview Warren Buffet just gave that touches on lots of macro stuff:
-Good protocol breakdown on @HermesOmnichain from @kindahangry:
-Interview with @PrestonPysh on @Blue_CollarBTC for our Bitcoin + macro fans:
-New livestream from @noahseidman:
-New macro Q&A video from @LukeGromen:
-New project breakdown on Sommelier Finance from @Ceazor7:
-Parting wisdom h/t @Route2Fi:
Conclusion
Happy Tuesday lads! Let’s do this!
And please RT/follow/etc if you found this valuable! :)
-
Note
As noted in yesterday’s Spotlight section, the good gents at @NeutraFinance continue building hard within the Arbitrum ecosystem!
If you aren’t familiar with them, Neutra is a very cool protocol that has built a delta-neutral GLP strategy utilizing @GMX_IO, as well as a ‘RealYield’ focused tokenomics setup, and is releasing new updates and strategies left and right as of late!
We are helping boost awareness about them, so make sure to follow their Twitter account and check out the below tweets for a couple of their latest updates!
-
***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.