Happy Friday degens! Quite the eventful 24 hours we’ve had!
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: $1,891.50
Oil (WTI): $80.38
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take heed good friends… as previously noted, @ChainEDGE_io is going to be the official sponsor of The Daily Degen for the next few months!
ChainEDGE is the creation of our good friend @OnChainWizard, and is an on-chain analytics + smart money tracker designed for the savviest of degens… Their platform offers all sorts of high-value information, including the extremely popular Alpha Stream:
“With chainEDGE's Alpha Stream, you can see live and historical trading activity for the top 0.01% of DEX traders: Uncover entry/exit prices for recent DEX Trades.. Monitor what smart money is buying in real time…. Filters for buy token, sell token and transaction values…”
Make sure to follow the ChainEDGE Twitter account, and visit the site to sign up now!
Biggest TVL Movers + Else
Chains are extremely red today. Base (#13) is about 5% away from making the top 12, and it and Gnosis (#24) and Thorchain (#28) are the only top 30 chains green on the weekly.
Protocols are also extremely red today. Only top 100 protocols green on the weekly are stUSDT (#17), Stargate (#28), Lybra Finance (#29), dYdX (#30), MatrixDock (#53), Thorchain (#58), and RealT (#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 Chains/Protocols By 24 Hour Fee Generation (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 called @TeamUnichad. Twitter bio states “A token project celebrating UNIBOT Chads🦄”.
-New stablecoin protocol called @agilely_io. Twitter bio states “Omni-chain Decentralized Stablecoin Defi Protocol... Powered by @LayerZero_labs”.
-Something new called @StakeGarden. Twitter bio states “@ETHGlobal Paris Hackathon Winners 🥇 | Liquid Stacking Portfolio Protocol | Built by @berteotti_, @diogomartf, @ocandocrypto & @neeel_eth”.
-Something new called @VoltSwapFinance. Twitter bio states “VoltSwap the first major DEX in the Meter io & Theta ecosystem, & uses the ve(3,3) model. It's the world's first front-running resistant cross-chain DEX. $VOLT”. h/t @thealphadigest:
-Something new called @WizarddFinance. Twitter bio states “De-fi protocol building on Starknet 🍄”. h/t @thealphadigest:
-New protocol on Base called @nebuladex. Twitter bio states “The first gamified DEX on #Base Start your galactic journey now…” h/t @thealphadigest:
-Something new called @ZenaFinance. Twitter bio states “#opBNB DEX: A pioneering swap protocol for enhanced liquidity and seamless trading. Get ready for the upcoming testnet! 🚀”. h/t @ApeOClock:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Crypto prices crashed yesterday and the day saw the most liquidations since the FTX collapse last November:
-@Grayscale sent out a cryptic tweet that many interpreted as hinting that their long-sought switch to being an ETF will be approved, which generated much attention:
-$BTC implied vol spikes skyward, h/t @krugermacro:
-Post-crash sentiments c/o @LouisCooper_ and @pythianism:
-Headlines on SEC approval of an $ETH futures ETF and SpaceX selling $BTC both got lots of attention yesterday but there was much debate on their accuracy:
-Chinese property developer Evergrande filed for bankruptcy yesterday:
-More focus on China:
-Interesting chart from @ThorHartvigsen:
-Interesting data from @coingecko on the cost to mine a single Bitcoin at various places around the world:
-$AVAX apparently seeing significant unlocks this week:
-Interesting thread from @Louround_:
-Very good thread on crypto + Japan from @JavierAng_:
-Excellent thread on the GambleFi narrative and protocols from @CryptoKoryo:
-Lots of continued bullish sentiments re: $UNIBOT on the TL, sample from @Prithvir12:
-Good new livestream from @leviathan_news featuring @danblocmates and @jediblocmates:
-Interesting new livestream from @Unchained_pod:
-Timely sentiments from @Flowslikeosmo:
-Parting wisdom from @fortytooo c/o @QuotableCrypto:
Conclusion
Happy Friday good frogs! Enjoy the craziness and stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
-
-
-
***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.