Happy Monday friends! Another big week ahead of us!
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: $2373.20
Oil (WTI): $82.02
US 10Y Treasury: 4.643%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @silentdao_ keep working diligently behind the scenes to develop a truly revolutionary solution to the issue of on-chain privacy…
Our editor @rektdiomedes has been helping bang the drum about what @silentdao_ have been building, and the architecture being developed is intended to permanently change the defi landscape.
Once again, Silent is a middleware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself... Make sure to follow the official @silentdao_ Twitter account so you don’t miss any important updates!
Biggest TVL Movers + Else
Chains are mixed today. Top 50 chains up at least 20% on the weekly include BSC (#3), Merlin (#10), Hyperliquid (#16), Mode (#23), and zkLink (#41).
Protocols are mixed today as well. Protocols with at least $100M TVL up at least 40% on the weekly include SubseaProtocol, UwU Lend, Avalon Finance, and Sanctum.
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 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)
-Bitcoin is the center of attention now that we are post-halving, with price bouncing but not yet back at ATH’s…. Go long or short $BTC and get access to 30+ other perps and spot markets at app.vertexprotocol.com!
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!)
-New project called @PredictingAI. Twitter bio states “AI Market Making. The next generation of crypto.” Followed by 4 of our mutuals. h/t @Hercules_Defi:
-Something new called @brritoxyz. Twitter bio states “Deposit ETH/USDC and earn tokens (not points) while you sleep. Withdraw any time. Zero fees. On @Base.” Followed by 38 of our mutuals. h/t @AresLabs_xyz:
-New Arweave oracle project called @0rbitco. Twitter bio states “get ANY DATA on Arweave w/ @aoTheComputer.” Followed by 14 of our mutuals.
-Something new called @roycoprotocol. Twitter bio states “A liquidity coordination marketplace.” Followed by 3 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ 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!
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Runes excitement pushing Bitcoin fees to record highs, h/t @WuBlockchain and @TheDeFinvestor:
-Bullish data point c/o @tedtalksmacro:
-Solana meme coin $POPCAT generating lots of attention, h/t @DegenerateNews:
-Also continued focus on $WIF, h/t @blknoiz06:
-Feedback from Dubai conference c/o @redphonecrypto:
-More thoughts on Dubai conference, c/o @Louround_:
-Interesting thoughts on alts from @MacroCRG:
-Solana-based LST protocol @sanctumso generating lots of attention the last few days, h/t @0xGumshoe:
-Very well-done, thorough thread on Runes from @2lambro:
-Lot of discussion around Bitcoin miners in the last two days post-halving, example c/o @CoinDesk below:
-New article/newsletter from macro gigabrain and Bitcoin evangelist @LynAldenContact:
-New interview with Tether CEO @PaoloArdoino from @coinbureau:
-Overview of top restaking protocols c/o @0xMughal:
-Newest macro video from ‘Dollar Milkshake’ originator Brent Johnson @SantiagoAuFund and co:
-Parting bullishness from @Trim_Bot:
Conclusion
Have a great Monday friends let’s get after it!
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.