Happy Friday good degens! Lots going on!
Let’s get after it!
As always… 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 @CryptoBubbles):
Total Crypto Market Cap: $2.76T
Gold: $3341.30
Oil (WTI): $64.48
US 10Y Treasury: 4.307%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Huge news from @maplefinance this week - who just hit $1B in TVL!
This milestone marks the next step in an absolutely massive comeback arc for Maple, who persevered through the depths of the bear market to build what is fast-becoming one of the most successful projects in all of defi!
If you want to learn more about Maple, its history, and what is coming next after this latest milestone, check out the following:
-A new interview Maple co-founder @joe_defi did with @DeFi_Dad and @Nomaticcap
-A recent discussion between Maple co-founder @syrupsid and @OmniFDN
-A new spaces Maple just did yesterday with new partner @sparkdotfi and Spark-backer @pythianism….
And as always, make sure to follow Maple on Twitter for more updates, and stay tuned as we continue highlighting everything they are doing!
Biggest TVL Movers + Other Interesting Data
Chains are mostly green today. Only top 50 chains red on all three timelines (daily, weekly, monthly) are OP Mainnet (#18), Cardano (#21), Starknet (#44), and XRPL (#47).
Protocols are also quite green today. Top 100 protocols down at least 10% on the weekly include Babylon (#12), Stargate Finance (#54), Zircuit Staking (#66), and BEX (#86).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Yield Opportunities
(Note! This section is brought to you by our Official Sponsor @upshift_fi! We will include some of their top yield opportunities below as well some of the top ones from sorting on @DefiLlama (all types, $25M+ TVL) - note: the DefiLlama ones are just pulled from the raw data, so make sure to always DYOR!)
-11.50% APY on rsETH strategy - managed by Edge UltraYield - with additional 5x Bonus Points - via Upshift (click here)
-27.00% APY on USDC Sylva concentrated liquidity strategy - managed by Sylva(dot)money - with additional 5x Bonus Points - via Upshift (click here)
-7.24% APY on USDC lending strategy - managed by August Digital - with additional 5x Bonus Points - via Upshift (click here)
-21.66% APY on IUSD on Indigo (Cardano) h/t DefiLlama research
-11.69% APY on GHO on Aave V3 h/t DefiLlama research
-11.66% APY on SUSDE on Echelon Market (Aptos) h/t DefiLlama research
-11.60% APY on USDO++ on Usual h/t DefiLlama research
-9.55% APY on USDC on Goldfinch h/t DefiLlama research
Check out the full list of Upshift yield opportunities here or by clicking the banner below!
New Projects
(note: this includes new projects we find through combing Twitter each day and going through newly launched protocols added by @DefiLlama, limited primarily to new projects that have at least some TVL or are followed by at least some of our mutuals… Disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New project called @getoro_xyz. Twitter bio states “Unlocking the world's premium data for frontier AI.” Followed by 31 of our mutuals. h/t @redphonecrypto:
-New project called @clickerxyz. Twitter bio states “click. ░░░░░░. ░░░░. by @daylight.” Followed by 12 of our mutuals. h/t @AresLabs_xyz:
-New dex on Solana called @VertigoDex. Twitter bio states “for the people. notifications on.” Followed by 13 of our mutuals. h/t @AresLabs_xyz:
-Something new called @PeerlessAI. Twitter bio states “The intelligence layer for programmable markets: Trade before the crowd knows why @peerlessauto”. Followed by 8 of our mutuals. h/t @AresLabs_xyz:
Important News And Analysis
-Macro data is looking worse and worse, Powell is talking mega-hawkish, Trump is talking about firing Powell, and the tariff saga seems to have cooled a bit but is still unresolved, h/t @fejau_inc:
-Dolomite announced their TGE will take place on April 24th, to much excitement, h/t @leviathan_news:
-@kaiynne and Synthetix announced token incentives to try to re-peg their $sUSD stablecoin, and are apparently looking at other solutions as well:
-Seeing a number of smart accounts we follow talk about @jigsawdefi’s newly announced launch on April 28th, example h/t @CryptoISFreedom:
-Top 3 Bitcoin sidechains or L2’s are currently @hemi_xyz, @Coredao_Org, and @BSquaredNetwork, h/t @CryptoRank_io:
-More and more talk on Twitter about the potential negative impacts of the China tariff stuff, especially on the ecom industry, h/t @typesfast:
-Is there the possibility of an ATOM resurgence? h/t @chainyoda, quote-tweeting an @0xMagmar tweet that generated much attention:
-Seeing increased excitement around @Lighter_xyz, good example c/o @0xlykt:
-Also seeing excitement around the @GammaSwapLabs tech, h/t @Slappjakke:
-Potential airdrop alfa on @TradeNeutral from @wronguser000:
-Will the next big bull market in assets come in the latter half of this year? h/t interesting macro thoughts from @KyleReidhead:
-Interesting data on Kaito’s trending projects by smart followers over the last 24 hours, h/t @sandraaleow:
-New video (recorded yesterday afternoon) from @Blockworks_ featuring @fejau_inc and @qthomp:
-New @noahseidman macro/crypto livestream (airing live as we publish this):
-New episode of @thebellcurve featuring @pythianism, @im_manderson, @santiagoroel, and @MikeIppolito_:
-New @Blocmatesdotcom livestream featuring @Grantblocmtes and crew discussing everything going on in the crypto trenches right now:
-New @BanklessHQ interview with @0xBreadGuy about MegaETH and more:
-New one hour long interview with macro gigabrain @WarrenPies:
-New @theempirepod roundtable discussing everything going on in crypto and macro right now (published seven hours ago):
-Parting thoughts on the inevitability of blockchain-based financial rails and AI, h/t @robbiepetersen_:
Conclusion
Have a great Friday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official 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.