Happy Saturday friends! We are now past the Halving!
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 @CryptoBubbles):
Gold: $2406.70
Oil (WTI): $83.14
US 10Y Treasury: 4.621%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The @hashflow team is out with another round of incentives for Arbitrum traders!
If you traded on Hashflow on Arbitrum in the last week you need to collect your rewards, and if you haven’t, then make sure to do so to qualify going forward!
As background, Hashflow is a native cross-chain dex aggregator that helps traders source the best prices + liquidity available… enabling users to seamlessly transact across Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana without the risk and hassle of bridging or using synthetic assets…
We are helping raise awareness about everything they’ve been building, so make sure to follow them on Twitter for more updates as well!
And again - make sure to keep trading on Hashflow and collect your rewards by clicking here: https://www.app.fuul.xyz/incentives/hashflow
Biggest TVL Movers + Else
Chains are mixed today. Chains with at least $20M TVL up at least 25% on the weekly include Fantom, Merlin, HydraDX, and Mode.
Protocols are mixed today as well. Protocols with at least $20M TVL up at least 100% on the weekly include ETH Mainnet yield protocol Amphor, uncategorized multichain protocol iZUMI Finance, ETH Mainnet lending protocol UwU Lend, and uncategorized multichain protocol SubseaProtocol.
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 Entities By 24 Hour Token-Holders’ Revenue (from @DefiLlama):
Top Trending Tokens (from @dexscreener - 24 hour timeframe:
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
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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 @3janexyz. Twitter bio states “Unlocking Crypto-Native Derivatives Yield. Built on @eigenlayer”. Followed by 8 of our mutuals. h/t @AresLabs_xyz:
-Something new called @SphinxProtocol. Twitter bio states “Unlocking the power of perpetuals for RWAs.” Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-Something new called @symmetry_xyz. Twitter bio states “e/acc SEA Web3 Ecosystem. currently in stealth mode.” Followed by 11 of our mutuals. h/t @AresLabs_xyz:
-New SocialFi protocol on TON called @TonsOfFriends has been added to @DefiLlama. Twitter bio states “TG app that helps you discover, connect and grow your communities. Built on TON.” Followed by 1 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-Security alert from @WuBlockchain re: ZKasino:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-The much anticipated halving has taken place, h/t @CoinDesk:
-Runes are now live, h/t @redphonecrypto:
-In first few hours total spending on Runes is already well into 9 figures, from excellent thread + dashboard from @CryptoKoryo:
-The @CryptoFightWeek bouts in Dubai generated much attention over the last 24 hours, h/t @VentureCoinist:
-Stonks had a rough week, h/t @fintwit_news:
-$MERL airdrop from new EVM Bitcoin L2 Merlin Chain is generating attention:
-@MagicEden is apparently expanding to Base, h/t @DegenerateNews:
-@FjordFoundry raises $15.3M in their LBP, the largest LBP so far this year, h/t @CryptoGrills:
-Interesting random thoughts from @DefiIgnas:
-Bearish analysis on oil from macro gigabrain @WarrenPies:
-Wise thoughts from @QwQiao:
-New roundtable discussion from @0xSteadyLads:
-New episode of @thebellcurvepod featuring @MikeIppolito_ and @pythianism discussing a variety of crypto-related topics:
-Daily update on all things airdrop-related c/o @KryptoCove:
-New macro video from @Blockworks_ featuring @JackFarley96 interviewing Michael Howell and George Robertson:
-Parting wisdom c/o @DeFiDave22:
Conclusion
Happy Saturday good degens! Make sure to touch some grass this weekend!
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 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.