Happy Sunday friends! Quite the eventful weekend we are having!
Let’s dive in!
As always… stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles):
Gold: $2548.70
Oil (WTI): $74.83
US 10Y Treasury: 3.795%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The crew at @ReveloIntel just released their YouTube video on @vertex_protocol from last month on Twitter!
Once again, it includes @0xKmack interviewing Vertex co-founder @DariusTabai, and is well worth watching in full!
And as always, take note that Vertex offers over 50 different perps and spot markets, utilizing a state of the art cross-chain liquidity infrastructure via their Edge system @EdgeLayer! In addition, users can also stake VRTX to benefit from both ‘RealYield’ paid in USDC and the official VRTX buyback & burn program!
Check out the interview via the tweet below and visit the Vertex site now at app.vertexprotocol.com, and make sure to follow Darius on Twitter for updates + alfa!
Biggest TVL Movers + Else
Chains are mostly flat today. Best performer on the weekly among top 25 chains is Core (#22), and worst performer is TON (#23) (more on the latter in today’s news section obviously).
Protocols are mostly flat today as well. Best performer on the weekly among top 50 protocols is Sun (#34) and worst performer is is Ethena (#10).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New project called @vote2win_xyz. Twitter bio states “vote2win is a fully tokenized prediction market platform on Solana. Simply buy tokens to vote - no websites required.” Followed by 3 of our mutuals. h/t @twindoges:
-Something new called @playsolana. Twitter bio states “Solana will never be the same.” Followed by 28 of our mutuals. h/t @AresLabs_xyz:
-Something new called @soddle_. Twitter bio states “Daily Crypto Twitter Mini Games. Coming soon to @EclipseFND”. Followed by 3 of our mutuals. h/t @AresLabs_xyz:
-Something new called @meshmapxyz. Twitter bio states “MeshMap is making a decentralized and open 3D map of the world.” Followed by 8 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, single-exposure, no-IL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Telegram founder Pavel Durov’s arrest in France was dominant topic of the last 24 hours, h/t @bantg:
-Vitalik responded to recent criticisms with a number of Twitter comments yesterday, here is one of them below (visit his ‘Replies’ section to see the rest):
-Market thoughts from @DaanCrypto:
-Defi news items from @TheDeFinvestor:
-Macro thoughts c/o @dunleavy89:
-Coinbase released a new on-chain address credit/ranking score website, h/t @WuBlockchain:
-’Tron Meta’ continuing to truck along:
-Recent outperformers c/o @CryptoStreamHub:
-$WIF whale generating lots of attention, h/t @WuBlockchain:
-Lots of eyes on US mortgage rates as Fed gets ready to start cutting, h/t @charliebilello:
-New episode of @thebellcurvepod featuring @MikeIppolito_, @im_manderson, and @pythianism:
-Weekly macro overview from Joseph Wang @FedGuy12:
-New macro interview with Louis-Vincent Gave:
-Sentiments c/o @based16z:
-Parting wisdom from @thedefivillain:
Conclusion
Happy Sunday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections 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.