Happy Wednesday friends! Let’s get after it!
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: $1,904.50
Oil (WTI): $81.16
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are very red today. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Base (#15), Gnosis (#25), ThorChain (#28), Hedera (#36), and Starknet (#42).
Protocols are very red today as well. Only top 100 protocols green on all three timelines (daily, weekly, monthly) are MatrixDock (#55), Thorchain (#59), and RealT (#71).
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 Dex’s By 7 Day Volume (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!)
-New trading bot project called @Aibot_App. Twitter bio states “AI-powered trading bot with a focus on speed! 𝕏”.
-Something new called @fluentxyz. Twitter bio states “The zkWASM execution layer for Ethereum. Build dApps in Rust, TypeScript, Solidity, and more.” h/t @thealphadigest:
-New perps dex called @pex_exchange. Twitter bio states “Trade Fair, Gain More Fairest Prep DEX powered by Auto-Equilibrium Engine @zksync”. h/t @thealphadigest:
-New NFT marketplace called @havenmarket_xyz. Twitter bio states “The first NFT market built on #COMBO and #opBNB Network.” h/t @thealphadigest:
-New GambleFi project on Polygon called @JadeCasinoGL. Twitter bio states “World's First Decentralized Casino Where Players Bet With An Edge. Polygon. LBP launch coming soon.” h/t @thealphadigest:
-Something new on Sei called @simba_exchange. Twitter bio states “Exclusive & First Native Order book DEX on @SeiNetwork”. h/t @ApeOClock:
-Something new called @AffineDeFi. Twitter bio states “Creating a simple, safe, and sustainable way to interact with DeFi.” h/t @AresLabs_xyz:
-New privacy protocol on Eth Mainnet called @OwshenNetwork. Twitter bio states “🐳 Swim in the depths! - Fanciest privacy solution on Ethereum 🌊”. h/t @AresLabs_xyz:
Security Alerts
-@PeckShieldAlert released the following alert:
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)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Macro dominating the headlines today:
-Lots of focus on China specifically:
-Some bullish $ETH TA from @inversebrah:
-Watchlist alfa from @thedefivillain:
-Coinbase stock down 24% in the past month:
-Current market interest rate expectations:
-Bearish price action on Rolex charts:
-Grayscale/SEC update from @EricBalchunas:
-Biden student loan forgiveness in the headlines:
-Sim swap attacks continuing to proliferate:
-Wisdom from @santiagoroel:
-Some interesting macro analysis from @donnelly_brent:
-Some fatalistic bullishness from @CL207 and @ScizRtrading:
-New interview with Solana CEO Anatoly Yakovenko on @theempirepod:
-New @leviathan_news livestream featuring the regular team + @noahseidman, discussing everything going on in defi + macro:
-New video from Jeff Snider on China macro situation:
-New interview with @FraxFinance founder @SamKazemian on @thebellcurvepod:
-Parting wisdom c/o @resdegen:
Conclusion
Have a great Wednesday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
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Note
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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.