Happy Thursday good frogs! Lots of stuff going on today!
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: $1,921.20
Oil (WTI): $78.50
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @pendle_fi keep shipping and rolling out news!
As you likely know by now, Pendle is an extremely cool yield/derivatives/LSD protocol that has been generating massive attention… we’ve been proud to help spread the word about them since last November and have more news about them to share today!
The first piece of news has to do with Pendle’s ‘RWA arc’ and the second has to do with an investment from Binance Labs :)
Make sure to follow them on Twitter and check out the updates below!
Biggest TVL Movers + Else
Chains are mostly green today. Top 50 chains green on all three timelines (daily, weekly, monthly) include Solana (#9), Hedera (#36), Astar (#37), Starknet (#39), Sui (#44), and Injective (#45).
Protocols are mostly green today as well. Top 100 protocols green on all three timelines (daily, weekly, monthly) include EigenLayer (#33), Loopring (#63), RealT (#65), and KyberSwap (#91).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: this one has a TVL filter so only includes protocols with at least $1M TVL):
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 @RockswapBROCK. Twitter bio states “Rockswap is the official DEX for the Bitrock Blockchain ecosystem.” h/t @ftm_ecologist:
-Something new called @angelic_labs. Twitter bio states “Remilia Ecosystem Rating System (👼, 🔬)”.
-Something new called @xyz_remedy. Twitter bio states “Revealing real industry potential through the ultimate web3 security ecosystem. Become the Remedy…” h/t @thealphadigest:
-New protocol called @linq_group. Twitter bio states “Empowering a Hybrid Future: Building a Connected Tomorrow.” h/t @thealphadigest:
-New protocol called @AstridFinance. Twitter bio states “Liquid Restaking Protocol on Ethereum 🦇🔊, powered by @eigenlayer”. h/t @thealphadigest:
-Something new called @incentixyz. Twitter bio states “Unleash the whole power of Crypto X (fka Twitter) & earn by doing what you love. Launching on Solana Q3 Growing the decentralized attention economy | #SocialFi”. h/t @thealphadigest:
-Something new called @swervepool. Twitter bio states “Supporting fully permissionless, ecosystem agnostic LBPs for a highly liquid launch. ⛓️ Omnichain LBPs 💧 Build Deep Liquidity ⚡️ Powered by @LayerZero_Labs”. h/t @twindoges:
-Something new called @perpex_io. Twitter bio states “Building the perpetual futures platform with superior UX/UI”. h/t @twindoges:
-Something new called @FedexOfficial_ on Op_Bnb has been added to @DefiLlama. Twitter bio states “Trade any asset on the opBNB ecosystem in seconds. No deposit”.
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)
-Jerome Powell to speak at Jackson Hole on Friday:
-The US government generated outrage yesterday with the arrest of two Tornado Cash developers:
-Big news on stablecoins today:
-In tradfi markets, Nvidia generating massive attention:
-Watchlist alfa from @cyrilXBT:
-NFT prices still dropping:
-Important security heads-up/reminder from @0xngmi:
-Retrospective on the famous ‘SOLUNAVAX’ trio from @milesdeutscher:
-@blocmatesdotcom released a huge report on Solana and the Solana defi ecosystem:
-New missive from Arthur Hayes:
-Throwback GCR wisdom c/o @docXBT:
-Good new macro video from @Blockworks_ featuring Michael Kao @UrbanKaoboy:
-New macro/crypto livestream from @noahseidman:
-Good mainstream crypto video from Digital Asset News:
-Parting wisdom from @Crypto_Joe10:
Conclusion
Have a great Thursday lads and ladettes!
And please RT/subscribe/etc if you found this valuable! :)
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Note
As previously mentioned, we are proud to have @ChainEDGE_io as our new official sponsor!
ChainEDGE is the creation of our good friend @OnChainWizard, and is an absolutely gigabrained on-chain analytics + smart money tracker designed specifically for degens like our readers wanting the absolute best in real-time on-chain alfa!
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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.