Happy Tuesday lads and ladettes! Lots of stuff going on!
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 @CryptoBubbles24):
Gold: $2371.40
Oil (WTI): $86.57
US 10Y Treasury: 4.392%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
Recent $SOL price action below - to trade $SOL or 30+ other perps and spot markets visit app.vertexprotocol.com!
Biggest TVL Movers + Else
Chains are mixed today. Biggest gainer among top 25 chains on the daily is Merlin (#22) at +4.56%.
Protocols are mixed today as well. Biggest gainer on the daily among top 50 protocols is Ethena (#18) at +6.63%.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $5M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $5M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Token-Holders’ Revenue (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
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 @LambdaFinance. Twitter bio states “Unleashing Bitcoin liquidity for Defi with btcUSD - a permissionless & efficient BTC-backed stablecoin Coming soon...” Followed by 15 of our mutuals. h/t @CurveCap:
-Something new called @PointMarket_NOW. Twitter bio states “Trade your favorite projects' points.” Followed by 3 of our mutuals. h/t @AresLabs_xyz:
-New project called @MezoNetwork. No Twitter bio. Followed by 9 of our mutuals. h/t @AresLabs_xyz:
-New project called @biomesAW. Twitter bio states “Create and Play Onchain Biomes.” Followed by 8 of our mutuals. h/t @AresLabs_xyz:
-New Fantom lending protocol called @fMoneyMarkets has been added to @DefiLlama. Twitter bio states “Your friendly neighborhood Money Market of the Fantom Opera chain.” Followed by 14 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) 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!
-Lot of talk about security vulnerabilities re: Telegram and Google - see more in the Important News section below.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Price action continues looking good despite huge GBTC outflows, h/t @zerohedge:
-Solana congestion continues to generate attention, h/t @boldleonidas:
-Update on SAGA airdrop from @Cryptocito_:
-Brief narratives overview c/o @thedefivillain:
-Latest real-time inflation data from Chainlink-powered @truflation:
-Avi Eisenberg trial starting soon, h/t @leviathan_news:
-Macro/crypto thoughts from @LDNCryptoClub:
-Interesting note on Coinbase futures and US taxes c/o @TheFlowHorse:
-Thoughts on funding rate farming (re: @ethena_labs) from @pythianism:
-Lot of talk about Google and Telegram related security incidents and issues, h/t @sell9000 and @BowTiedIguana and @CertiKAlert:
-@friendtech continuing to generate renewed interest, h/t @tomwanhh:
-New protocol @Karak_Network getting a lot of attention on the TL, h/t @0xjaypeg:
-New video on Warpcast/Farcaster from @drakeondigital:
-New update on all things airdrop-related from @KryptoCove:
-New video from @0xMughal on crypto x AI:
-Parting wisdom from @tradinglord c/o @QuotableCrypto:
Conclusion
Have a great Tuesday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
-
-
Note
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!
-
-
***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.