Happy Tuesday friends! Never a dull day in crypto!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,982.70
Oil (WTI): $81.12
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The Chadish 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!
Make sure to follow them on Twitter for updates on everything they will be releasing this year!
Biggest TVL Movers
Chains are mixed today. Top 30 protocols up at least 20% on the monthly include Mixin (#9), Kava (#13), Bitcoin (#14), Rootstock (#27), and Acala (#30).
Protocols are mostly red today. Top 100 protocols up at least 30% on the monthly include Radiant (#45), ParaSpace (#47), Camelot (#68), DeFiChain Loans (#72), Gamma (#87), MM Finance (#88), OKC Liquid Staking (#89), and Ondo Finance (#92).
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!)
-Big announcement on something called @openeden_hq that generated a lot of discussion today. Twitter bio states “First smart contract T-Bills vault managed by a regulated financial institution, with a bankruptcy-remote structure.” c/o @Eug_Ng:
-Something new on Arbitrum called @Monopoly_Fi. Twitter bio states “The one and only Layered Farming protocol on @Arbitrum 🎲 Empowering DeFi enthusiasts to monopolize their finance 🎲”.
-New Solana protocol called @HavanaDeFi. Twitter bio states “Next-gen DEX aggregator & algo execution - revolutionizing trading with advanced algorithms, optimal execution and pricing.” h/t @AresLabs_xyz:
-Something new called @zkEVMswap has been added to @DefiLlama. Twitter bio states “#1 ⚡️DEX ⚡️- Polygon 💜 zkEVM”.
-Another new protocol on Polygon just added to @DefiLlama called @DovishFi. Twitter bio states “Bringing innovative DeFi to the zkEVM space…”
-Something on Arbitrum called @#JBC has been added to @DefiLlama. Twitter bio states “decentralized lending, leveraged yield farming protocol $GLP Now on #Arbitrum❤️ Audited by @SolidProof_io…”
-Previously-mentioned @LSDxfinance has been added to @DefiLlama. Twitter bio states “an ultra-liquid protocol for all LSD. $LSD: 0xfAC77A24E52B463bA9857d6b758ba41aE20e31FF”
Security Alerts
-Related security alerts from @peckshield and @BlockSecTeam:
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)
-Major story today was @cobie tweeting a SHA256 about an interpol notice for Binance CEO @cz_binance:
-Elon/Twitter/Doge news also dominated headlines today:
-Sentiments from @Tree_of_Alpha and @ColdBloodShill:
-Funds from @eulerfinance exploit have been fully returned:
-Narrative check c/o @ViktorDefi:
-Interesting stat from thread by @ModestusOkoye:
-Macro sentiments from tradfi gigabrain @agnostoxxx:
-Excellent thread on Pancakeswap’s new V3, from @DefiIgnas:
-Except from @LukeGromen’s FFTT newsletter:
-Bullish charting from @RaoulGMI:
-Interesting interview and accompanying thread from real estate world generated a lot of discussion today:
-Excellent thread from @2lambro:
-Interesting thread from @ZoomerOracle:
-@BanklessHQ released an excellent interview with @LynAldenContact:
-Video on latest crypto news from @coinbureau:
-New livestream from @noahseidman:
-Wise sentiments from @redphonecrypto:
-Parting wisdom from @crypthoem and @resdegen:
Conclusion
Have a great Tuesday friends and stay alert out there!
And please RT/follow/etc if you found this valuable! :)
-
Note
If you trade using GMX we’d be honored if you use our referral link to help support The Daily Degen! It will also provide you 10% off your trading fees :)