Happy Thursday degens! Another big day ahead of us!
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: $1,997.40
Oil (WTI): $77.80
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The gigachads from @TimeswapLabs keep building up a storm!
For those who don’t know, Timeswap is a defi protocol that offers a fixed-term money market with no liquidations or oracle dependencies, and describes itself as “Like Uniswap - but for lending and borrowing”. We’ve been helping raise awareness about what they’ve been up to, with their recent V2 release, multi-chain rollout, and more…
They just announced a new partnership with @phi_xyz, as well as a very cool meme contest they are doing in concert with them!
Click the below tweets to learn more!
Biggest TVL Movers
Chains are very red today. Top 30 chains red on all three timelines (daily, weekly, monthly) include Fantom (#8), Defichain (#11), Solana (#12), Klaytn (#15), EOS (#22), Thorchain (#28), and MultiversX (#29).
Protocols are also very red today. Top 30 protocols red on all three timelines (daily, weekly, monthly) include MakerDAO (#2), Aave (#3), Venus (#16), Sushi (#20), and Alpaca Finance (#30).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
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 on zkSync called @JawSwap. Twitter bio states “🦈 The sharpest DEX in the #zkSyncEra ocean by @SharksZk team 🌊 Coming soon…”
-Something new called @MBaseAlpha has been added to @DefiLlama. Twitter bio states “Decentralized DAO driven AIO ecosystem powered by Arbitrum…”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Security alert from @PeckShieldAlert regarding the @TalesofElleria bridge contract:
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Will 4/20 be a day for meme coins? c/o @blknoiz06:
-Money printer update:
-Coinbase making news with offshore derivatives exchange, h/t @IamDCInvestor and @ramahluwalia:
-Biden admin tapping US Strategic Petroleum Reserve again:
-Liquid staking continuing to gain TVL, h/t @ayyyeandy:
-Record negative sentiments toward stonks a potential contrarian indicator?
-$USDT dominance still growing, h/t @Dynamo_Patrick:
-Bearish NFT stats from @nansen_ai?
-Very useful thread of daily research tools from @crypto_linn:
-@FlywheelDeFi released an interesting interview with @TraversaJulian from @SwivelFinance:
-New live daily show from @blockbytescom featuring @austin_bbytes, @MasonCorval, and co catching up on all ze latest brypto news:
-New @Blockworks_ interview with macro expert Julian Brigden:
-Interesting new video from @thempirepod featuring @bertcmiller and @jon_charb:
-Parting sentiments from @0xfoobar:
Conclusion
Happy Thursday lads! Stay alert out there!
And please RT/follow/etc if you found this valuable! :)
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Note
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!
Make sure to check out the very interesting tweet they just recently sent out below ;)
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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.