Happy Sunday 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: $1,913.10
Oil (WTI): $83.19
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mixed today. Only top 30 chains green on the monthly are MultiversX (#21), Celo (#22), EOS (#24), Thorchain (#28), and Aptos (#29).
Protocols are mixed today. Only top 100 protocols up at least 20% on the monthly are stUSDT (#21), Spark (#24), Ondo Finance (#45), MatrixDock (#56), and Wemix Fi (#66).
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 Stablecoins By Market Cap (from @coingecko):
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 called @galleon_trade. Twitter bio states “Gamified logarithmic perpetual trading platform. Lower liquidation risk. Real yields. Real-world assets. Decentralized. Fleet 0 NFTs: Join the waitlist.”
-Something new called @Landtorn. Twitter bio states “An onchain gaming hub on @BuildOnBase and everything TORN | Official first game - Lorak | In-game token $SHARD | Venture into a world of Death.”
-Something called @tyrionfinance. Twitter bio states “The future of on chain advertising”. h/t @AresLabs_xyz:
-New NFT marketplace project called @Blockframe_io. Twitter bio states “More than just an NFT marketplace. Buy, sell, and trade NFTs. Build communities, create or remix NFTs through our Creator Studio. Backed by @the_matter_labs .” h/t @AresLabs_xyz:
-Something new called @octane_security. Twitter bio states “A developer-first platform to battle-test your smart contracts with cutting-edge AI. One-click install. Save time & money on security.” h/t @AresLabs_xyz:
-Previously-mentioned Arbitrum perps dex @Aark_Digital has been added to @DefiLlama. Again, Twitter bio states “The first-of-its-kind Leverage Everything Perpetual DEX, built for professional traders on Arbitrum.”
-New perps dex on Base called @basetrade_xyz has been added to @DefiLlama. Twitter bio states “Decentralized Perpetual Exchange on @BuildOnBase 🛡️”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, and 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)
-Binance still at over 50% of CEX market share:
-UK bond yields back in territory that triggered crisis last October:
-Interesting update re: @osmosiszone and @wormholecrypto:
-On-chain alfa/analysis from @CryptoYieldInfo:
-Interesting macro-related stat from @paulg:
-Interesting story re: @NewOrderDAO pivot, h/t @kindahangry:
-More concerning stats re: US commercial real estate, h/t @KobeissiLetter:
-Good thread of Telegram-based crypto tools from @BasedShillBH:
-Interesting thread on $POKT @POKTnetwork from @StableScarab:
-Thoughts from @0xfoobar:
-Upcoming macro calendar, c/o @DisruptorStocks:
-New video from @thebellcurvepod discussing the future of stablecoins:
-New interview with macro gigabrain Mike Green @profplum99:
-New video from @drakeondigital going over his current top crypto picks:
-Good new @Blockworks_ video discussing crypto + macro featuring @MikeIppolito_ and @MarkYusko:
-Positive sentiments c/o @TheDefiDog:
-Parting wisdom c/o @systems_value:
Conclusion
Happy Sunday lads and ladettes! Don’t forget to touch some grass today!
And please RT/subscribe/etc if you found this valuable! :)
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***Note On Material: The ‘Spotlight’ section 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.