Happy Sunday friends!
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: $1,889.50
Oil (WTI): $81.25
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Silent Protocol @silentdao_ is an extremely interesting new project currently building something quite significant + ambitious re: on-chain privacy, and they recently 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. Top 50 chains up at least 10% on the weekly include Base (#12), Thorchain (#27), Hedera (#36), and Injective (#47).
Protocols are mostly green today. Top 200 protocols up at least 10% on the weekly include stUSDT (#17), Concentrator (#110), Saucerswap (#148), and Angle (#190).
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 By 7 Day Dex Volumes (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
Degen Alfa
(Exclusive data/information from our Official Sponsor @ChainEDGE_io - sign up today by clicking here!)
-24 Hour Smart Money Summary:
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 project called @Setoros. Twitter bio states “Decentralized Sportsbetting Protocol | Defy The Odds”.
-New project called @Alterium_. Twitter bio states “Alterium aims to be a leading Layer 2 blockchain solution offering speed, low cost, and security…”
-New project called @shinkai_network. Twitter bio states “Shinkai is an open privacy-focused AI Agent OS that unlocks LLMs' potential outside of a mere Chat UI, from crypto wallets/DeFi, to navigating the web for you.”
-Something new called @RavenFund. Twitter bio states “/ˈraːvə(n)/ The raven symbolizes prophecy, insight, transformation, and intelligence. It also represents long-term success. 👁️ The 1st AI-powered hedge fund”. h/t @ApeOClock:
Security Alerts
-@PeckShieldAlert released the following alert re: @Harbor_Protocol:
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)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Fed balance sheet update c/o @charliebilello:
-@friendtech continuing to generate massive attention, h/t @AvaxGems, @blknoiz06, @deranzxc, and @DefiIgnas:
-Thread on @friendtech from @redphonecrypto:
-Interesting data from @fintechfrank:
-Latest @truflation update:
-Interesting story c/o @S4mmyEth:
-Macro sentiments from @SMTuffy:
-@Looksrare apparently pivoting into GambleFi, h/t @burstingbagel:
-Macro update from @dunleavy89:
-Very good, very thorough thread from @0xMughal:
-New crypto/macro livestream from @noahseidman:
-New interview with commodities investing legend Rick Rule for our macro fans:
-New video + tutorial on @friendtech from @Dynamo_Patrick:
-Sentiments from @basedkarbon:
-Parting wisdom from @crypto_klay c/o @QuotableCrypto:
Conclusion
Have a great Sunday friends!
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.