Happy Sunday good degens! Tons of bullish stuff happening but many seem to be sleeping on our beloved brypto markets!
Let’s dive in!
As always… 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):
Total Crypto Market Cap: $3.05T
Gold: $3,330.20
Oil (WTI): $63.02
US 10Y Treasury: 4.255%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Much is happening with our Official Sponsor @upshift_fi good anons!
They are consistently providing some of the best yields in all of defi, they also have seen absolutely surging TVL, a host of partnerships with some of the most well-respected teams in all of defi, and burgeoning chatter on CT as one of the most exciting new projects in all of crypto!
As background, and as detailed within this excellent thread from the @upshift_fi Twitter account:
“Upshift is built for DeFi's institutional era:
> Powered by @august_digital infrastructure, the largest institutional DeFi brokerage, handling $7 billion in monthly volume.
> Granular risk management controls, with $250m+ TVL across 15+ chains and 70+ protocols.
> Partnered with the best in DeFi: @ethena_labs, @Lombard_Finance, @MorphoLabs , @withAUSD, @TreehouseFi, @KelpDAO.
> Vaults follow the ERC-4626 standard, composable with all major protocols.”
Learn more about everything they are doing in Upshift co-founder @AElkrief’s new interview with The Index Podcast!
Biggest TVL Movers + Other Interesting Data
Chains are mixed today. Only top 25 chains red on the weekly are CORE (#15), dYdX (#30), TON (#37), and Movement (#41).
Protocols are also mixed today. Only top 50 protocols red on the weekly are Ethena (#6), and Tether Gold (#47).
Here’s The Top 12 Best-Performing Chains By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Best-Performing Protocols By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top Entities By 24 Hour Revenue Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
New Projects
(note: this includes new projects we find through combing Twitter each day and going through newly launched protocols added by @DefiLlama, limited primarily to new projects that have at least some TVL or are followed by at least some of our mutuals… Disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @Tplus_cx. Twitter bio states “It's the new thing”. Followed by 12 of our mutuals. No tweets yet though. h/t @AresLabs_xyz and @CharcoOnchain:
-Something new called @PolyesterX. Twitter bio states “Reinventing the DEX. Trade any coin on any chain. Spot, Margin and Perps (Testnet Q2 — No TGE Announced)”. Followed by 8 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-More tariff-posting today from President Trump:
-Worldcoin getting a lot of attention the last couple days, and Kaito continuing to roll out updates, h/t @TheDeFinvestor:
-Nothing huge on the macro schedule for this week, although there are a lot of earnings reports coming out on Friday, h/t @KobeissiLetter:
-Reminder that Ethereum’s Pectra upgrade is coming next week, h/t @ripdoteth:
-Crypto continues to absorb + eat the existing tradfi system, h/t @ahboyash:
-Mitosis seems to be successfully generating much attention on the TL via their generous airdrop allocation to ‘Yappers’, good explanation of everything below from @FourVork (click to read in full):
-Ethereum has taken back the position of top chain by dex volume from Solana, which had temporarily eclipsed it, h/t @coingecko:
-Fluid’s v2 continuing to generate a lot of attention, h/t this and some other defi stuff from @0x_Abdul:
-Came across another very in-depth bull-case presentation for $DBR/deBridge on the TL, from @game_for_one:
-New guide to Soul Protocol incentivized testnet from @MingoAirdrop:
-Thoughts on AI from @redphonecrypto:
-New macro video from ‘Dollar Milkshake Theory’ originator Brent Johnson @SantiagoAuFund:
-New video from the @coinbureau channel giving an introductory overview of the Trump tariffs and their relevance to crypto:
-New @milesdeutscher video on the crypto markets:
-Parting wisdom from @IdeaMikk:
Conclusion
Happy Sunday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
-
-
Note
Things are absolutely exploding with @maplefinance - with TVL now at $1.3B!
If you want to learn more about Maple, its history, and what is coming next, here are some great resources:
-A new interview Maple co-founder @joe_defi did with @DeFi_Dad and @Nomaticcap
-A recent discussion between Maple co-founder @syrupsid and @OmniFDN
-A new spaces Maple recently did with new partner @sparkdotfi…
-An incredibly well-done new report from @GLC_Research going over Maple’s Q1…
-The excellent new interview below that Maple co-founder @joe_defi just did with @constkogan!
And as always, make sure to follow Maple on Twitter for more updates, and stay tuned as we continue highlighting everything they are doing!
-
-
***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official 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.