Happy Sunday friends! Let’s do this!
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: $1,983.90
Oil (WTI): $77.87
Stocks: N/A
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 that they are now accepting $plsARB as collateral!
Check out their thread below to learn more!
Biggest TVL Movers
Chains are slightly green today. Top 50 chains up at least 20% on the monthly include Rootstock (#25), Aptos (#29), Acala (#35), and Injective (#49).
Protocols are green today as well. Top 100 protocols up at least 30% on the monthly include Stargate (#23), Morpho (#27), Radiant (#38), Paraspace (#42), Gamma (#68), Ondo Finance (#69), OKC Liquid Staking (#75), Wombat Exchange (#81), Bifrost Liquid Staking (#89), and Canto Dex (#90).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama - note: no minimum TVL):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: minimum $1M TVL):
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!)
-New protocol on zkSync called @Rollup_Finance. Twitter bio states “Decentralized perpetual protocol on @zkSync.”
-Something called @Alphabetbsc. Twitter bio states “Alphabet (ALT) is a layer-1 blockchain network built to run smart contract-based applications. Super Scalable Blockchain.”
-New Gamble-Fi project on zkSync called @zkGame_io. Twitter bio states “Autonomous, on-chain peer-to-peer gambling. No middlemen, no KYC, no tampering, no bullsh*t.” h/t @nelsoncryptoman:
-Another new zkSync protocol, called @asterisk_fi. Twitter bio states “ve(3,3) on #zkSync. Low fees, high returns. Our approach: early mover benefit + profitability. #DeFi”. h/t @THREADMOSS:
-New protocol on Sui called @PerpSea. Twitter bio states “PerpSea Finance is a next-generation decentralized finance platform🌊 Specialize in derivatives and perpetual trading. Build within Sui ecosystem.”
-New EOS EVM protocol called @Neutroswap has been added to @DefiLlama. Twitter bio states “Audited community-driven AMM and Launchpad on #EOS EVM blockchain. #DEX #AMM #Launchpad #DeFi #EOSEVM”.
-Something new on Avalanche called @printyfinance has been added to @DefiLlama. Twitter bio states “Experimental Fork in Production. 0.01% swap fees. vePrinty. rewardfix.”
Security Alerts
-@PeckShieldAlert released the following alert:
-@TrustWallet released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $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)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Argentina currency crisis worsening, h/t @BowTiedMara:
-Another bearish US banking signpost c/o @BiancoResearch:
-Gap between 1 month and 3 month treasuries widening to unprecedented levels:
-ETH staking inflows still positive, h/t @dunleavy89:
-Interesting on-chain data/observations from @lookonchain:
-@Rewkang and @DeFiMann with bullish sentiments on $ARB:
-$USDT market cap approaching all-time high:
-Very thorough thread + Substack article from @orderflowOG breaking down all the ve(3,3) dex’s on zkSync:
-Good thread on Rabby wallet from @cowperwoodeth:
-Excellent thread on @berachain from @mealphisto99:
-Fascinating thread from @lou_markets on the interesting history of $DASH:
-Great macro discussion from @TheMarketHuddle with @VincentDeluard:
-New livestream from @noahseidman with lots of great crypto + macro analysis:
-Latest Bitcoin TA from Benjamin Cowen @intocryptoverse:
-Interesting thoughts from @BowTiedNightOwl:
-Parting wisdom from @defi_gaz:
Conclusion
Have a great Sunday degens! Stay alert out there!
And please RT/subscribe/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!
Big news to share as 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.