Happy Friday lads and ladettes!
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: $1,987.60
Oil (WTI): $77.15
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Have you heard the good word about @pendle_fi anon?
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, make sure to check out their latest update below re: their Aura pools and @StaFi_Protocol!
Biggest TVL Movers
Chains are almost all red today. Only top 50 chains green on both the weekly and monthly are Rootstock (#25), Aptos (#29), OKXChain (#42), and Injective (#49).
Protocols are mostly red today as well. Only top 100 protocols green on all three timelines (daily, weekly, monthly) are Radiant (#38), Ondo Finance (#68), RealT (#86), and BabyDogeSwap (#96).
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 Chains By 7 Day Stablecoin Inflows (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!)
-What appears to be a new options protocol on Polygon called @himalayandao. Twitter bio states “Decentralized Structured Products on @0xpolygon.” h/t @sameepsi:
-New protocol called @zk_zkfox has been added to @DefiLlama. Twitter bio states “zkFox is a leveraged income aggregator focusing on the DeFi ecosystem.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $5M+ TVL) 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)
-Lot of news re: adoption/regulation/etc from Europe today:
-Sentiments on current price action, h/t @Rekt_Tekashi and @Miyak0x:
-Interesting stat from @thedefivillain:
-Analysis c/o @maxjanderson:
-@GCRClassic spooks the timeline with tweet (top part translates as ‘Take Profit’):
-Alex Pertsev (imprisoned Tornado Cash dev) update:
-GMX x LINK proposal looks set to pass, h/t @DefiDrew below + excellent thread from @DeFiMinty:
-Interesting chart from @Pentosh1:
-New L1 Radix has been generating a lot of attention as of late, example from @CryptoGirlNova below:
-Excellent thread from @CryptoKoryo on origins of $PEPE meme coin:
-New Arthur Hayes article:
-Frequent TDD-appearer @dunleavy89 was interviewed by @kyle_chasse:
-New Wealthion interview with Brent Johnson @SantiagoAuFund- originator of the ‘Dollar Milkshake’ theory- on the current macro climate:
-A new NFA Live livestream from Coin Bureau, Rob at Digital Asset News, and Benjamin Cowen:
-Parting wisdom from @Doktorkrabba (h/t @defi_gaz!):
Conclusion
Happy Friday fellow frogs! 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!
They are about to have their first public trading competition! Learn more about it in the tweet below or by clicking here!
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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.