Happy Thursday and Happy CPI Day degens!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom!
[Note: As always all tweets are hyperlinked so just click on them to pull them up on Twitter!]
Market Update
Crypto (from @CryptoBubbles):
Gold: $1,917.50
Oil (WTI): $84.68
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Silent Protocol @silentdao_ - an extremely interesting new project currently building something quite significant + ambitious re: on-chain privacy - has just announced an integration with @CoWSwap!
As background on Silent… rather than a standalone chain or a mixer, the idea is to create a composable middleware encryption layer that allows privacy preservation within the EVM itself, allowing users to interact with defi protocols like @CoWSwap anonymously…
Our esteemed editor @rektdiomedes is working with the @silentdao_ team to help with education/drum-banging/etc… so make sure to follow them on Twitter for more updates as they work toward launch!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Solana (#9), Cardano (#13), and Base (#27).
Protocols are mixed today. Top 100 protocols green on all three timelines (daily, weekly, monthly) include MakerDAO (#2), Coinbase Wrapped Staked $ETH (#8), Rocket Pool (#12), Spark (#26), MatrixDock (#56), WEMIX FI (#65), Team Finance (#69), Thorchain (#70), RealT (#73), OKC Liquid Staking (#74), Gamma (#78), and Folks Finance (#88).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new on Ethereum called @portalgateme. Twitter bio states “A privacy-centric DeFi stack allowing compliant users to trade on-chain whilst preserving their anonymity.”
-New Base dex called @SharkSwapDEX. Twitter bio states “The Leading DEX on @BuildOnBase. DEX Launch Coming Soon! 🚀”. h/t @twindoges:
-Something new called @trail_rwa. Twitter bio states “Liquidity Infrastructure for On-Chain Capital Markets”. h/t @twindoges:
-New project building on Polygon called @goldlinkfinance. Twitter bio states “Sophistication and Transparency for Undercollateralized Lending”. h/t @twindoges:
-Something called @guppifinance. Twitter bio states “Modern financial tools for crypto traders and merchants as well to build a safer space and speed up the adoption of blockchain technology.” h/t @twindoges:
-New trading bot project called @SwipeBot. Twitter bio states “A lightning fast ETH/ARB/BSC Telegram Trading Bot with unique AI systems 🟠”. h/t @CryptoNikyous:
-New trading bot project called @ScarabTools. Twitter bio states “Find the next big shitcoin with Scarab, an all-in-one crypto portfolio manager that lets you trade without using a wallet or DEX.” h/t @CryptoNikyous:
-Something new called @Halotradezone on Aura Network has been added to @DefiLlama. Twitter bio states “Seamless Crypto Trading, Built For All.”
-New project on Base called @CoChilli_io has been added to @DefiLlama. Twitter bio states “Web3 protocol that spices up 🌶 the world of gamified crypto trading. The First and Most advanced #GambleFi Binary Trading on Base #BuildOnBase”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $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)
-Newest US CPI (inflation) report comes out today:
-Fantom and Andre Cronje both generating discussion today, h/t @TheBlock_ and @Nick_SR5:
-Base and Mantle both surging in TVL, h/t @TheDeFiSaint:
-The following story re: @y00tsNFT has been generating a lot of discussion over the last 24 hours:
-SEC to appeal recent Ripple verdict:
-SoFi bank in San Francisco discloses $BTC holdings, h/t @DegenSpartan:
-Interesting related stat from @coingecko:
-Interesting stats on most-mentioned GambleFi tokens on Twitter in last 30 days, c/o @alphascan_xyz:
-Thoughts from @alpha_pls:
-Thoughts from @FarmerBrownDeFi:
-@CryptoNikyous released an extremely thorough thread of tokens and protocols within each current defi narrative/sector:
-Good video on Base and how to bridge to it, from @Dynamo_Patrick:
-Interesting @coinbureau video on macro gigabrain Russell Napier and his predictions:
-More daily alfa from @sassal0x at The Daily Gwei:
-Parting wisdom from @cobie c/o @safetyth1rd:
Conclusion
Happy Thursday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
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***Note On Material: The ‘Spotlight’ section is the only part of The Daily Degen that is 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.