Happy Saturday friends! Last day of the month!
Let’s get after it!
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: $2536.00
Oil (WTI): $73.55
US 10Y Treasury: 3.909%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are red again today. Only top 50 chains green on the weekly are Aptos (#17), and dYdX (#30).
Protocols are also quite red. Only top 50 protocols green on the weekly are JustStables (#20), SUN (#32), Ondo Finance (#42), BlackRock BUIDL (#45), and Stargate Finance (#49).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M 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!)
-Something new called @__reservoir. Twitter bio states “A permissionless stablecoin protocol backed by yield bearing assets.” Followed by 14 of our mutuals. h/t @twindoges:
-Something new called @TheBinstep. Twitter bio states “Binstep is a Telegram trading bot built for the Move-based chains—Aptos, Sui, and Movement.” Followed by 1 of our mutuals. h/t @twindoges:
-Something new called @springsui_. Twitter bio states “Liquid staking standard for Sui. sSUI coming soon.” Followed by 5 of our mutuals. h/t @AresLabs_xyz:
-Something new called @moose_market. Twitter bio states “Sustainable yield generation on Solana”. Followed by 5 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $10M+ TVL) - 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)
-Current sentiments c/o @Cold_xyz:
-Vitalik deposits 1900 $ETH into Aave, h/t @leviathan_news:
-Coinbase forex arc heating up, h/t @paddi_hansen:
-More and more nation-state exposure to Bitcoin, whether directly or indirectly, h/t @LDNCryptoClub:
-Only two Solana memecoins are still above 60% of their previous all-time high (POPCAT and GIGA), h/t interesting chart from @thedefivillain:
-ETH ETF’s update c/o @VentureCoinist:
-40% of Telegram’s revenue is apparently crypto-related, h/t @DefiIgnas:
-Crypto/political significance continuing to ramp up:
-Helium getting more and more attention as of late, h/t @TusharJain_:
-Crypto x AI synthesis escalating, h/t @WuBlockchain:
-Interesting cycle/launches post from @theshikhai:
-New roundtable discussion from @thebellcurvepod, featuring @MikeIppolito_, @pythianism, and @im_manderson:
-New episode of NFA Live:
-First episode of new ‘TAO Talk’ podcast focused on $TAO/Bittensor, from @blocmatesdotcom, featuring @563defi and @brodyadreon:
-New interview with Circle/$USDC founder @jerallaire from @theempirepod’s @santiagoroel and @JasonYanowitz:
-New interview from @DefiantNews with Aave founder @StaniKulechov:
-Parting wisdom from @DaanCrypto:
Conclusion
Have a great Saturday friends and don’t forget to touch some grass this weekend!
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.