Happy Saturday friends! Quite a week its been! Let’s dive in!
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: $2486.10
Oil (WTI): $73.52
US 10Y Treasury: 3.799%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Reminder good degens that the @hashflow team has a very cool Referral Campaign ongoing!
Users can refer and earn 1 ARB per 1,000 USDC on referred volume, as per the details in the thread below!
As background, Hashflow is a native cross-chain dex aggregator we’ve been helping raise awareness about, that helps traders source the best prices + liquidity available and seamlessly transact across a variety of chains, including ETH Mainnet, Arbitrum, Avalanche, Base, BSC, Optimism, Polygon, and Solana - all without the risk and hassle of bridging or using synthetic assets!
Make sure to get more info on the Referral Campaign below and also follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are extremely red today. Only top 50 chains green on the weekly are dYdX (#33), Fantom (#38), and BSquared (#39).
Protocols are also very red today. Only top 50 protocols green on the weekly are Mellow Protocol (#37), Tether Gold (#41), Jupiter (#42), Ondo Finance (#43), and Blackrock BUIDL (#47).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens
(from @dexscreener - 24 hour timeframe)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-$BTC has been chopping around- primarily in the 60-70k area- for over 140 days now… Do you think its primed to a breakout on either side? Express your thesis via spot or leverage and access 40+ other markets as well at app.vertexprotocol.com!
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 @daylightenergy_. Twitter bio states “Dawn is coming.” Followed by 27 of our mutuals. h/t @AresLabs_xyz and @guywuolletjr:
-New project called @raadlabs. Twitter bio states “Deploying a distributed network of meteorological sensors by incentivizing individuals and businesses to purchase and host devices.” Followed by 2 of our mutuals. h/t @AresLabs_xyz and @Lempheter:
-Something new called @spicenetio. Twitter bio states “The hyper-performant Solana L2 with Celestia underneath”. Followed by 4 of our mutuals. h/t @DeFiMinty:
-Something new called @mintdotblink. Twitter bio states “Your composable Solana identity 👤...” Followed by 4 of our mutuals. h/t @DeFiMinty:
-New lending protocol on Aptos called @Meso_Finance has been added to @DefiLlama. Twitter bio states “The capital-efficient Money Market, empowering credit expansion on Aptos. Mainnet launched!...” Followed by 1 of our mutuals.
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)
-Stonks continue to get hammered, h/t @KobeissiLetter:
-Unprecedented volatility in large cap stocks lately too, especially relative to $BTC and $ETH, h/t @DaanCrypto:
-Trump made some extremely interesting comments yesterday that generated lots of attention:
-Economic data continuing to come in cold:
-Japan macro situation still dominating markets:
-BitBoy in spotlight re: subpoenas:
-@TeamKujira has just released their new recovery plan following the turmoil of the last few days:
-Base seems to be increasingly dominating L2 landscape in terms of fees and transactions while Arbitrum continues to dominate in TVL, h/t @NPC_68:
-New interview from @JackFarley96 with Mike Green @profplum99 (notes + video embed in tweet below):
-Additional headlines c/o @0xSalazar:
-Sentiments c/o @pythianism:
-New update on everything airdrop-related from @KryptoCove:
-New roundtable discussion from @Blockworks_ featuring @fejau_inc and @qthomp:
-New roundtable discussion from @thebellcurvepod featuring @pythianism, @MikeIppolito_, and @MylesOneil:
-Parting wisdom from @Zeneca:
Conclusion
Have a great Saturday and don’t forget to touch some grass this weekend friends!
And please RT/subscribe/etc if you found this valuable!
-
-
-
-
***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.