Happy Friday degens! Lots of stuff going on!
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: $1,932.00
Oil (WTI): $82.03
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Aave fans and flywheel-enjoyoors take note! @Paladin_vote has introduced an extremely cool new product called Dullahan!
Dullahan is a first-of-its-kind vault for the Aave ecosystem, based on $stkAAVE, which allows users to access passive yield and/or reduced borrowing rates on Aave’s new stablecoin $GHO!
As background… Paladin is an extremely cool platform we’ve been helping raise awareness about which allows governance token holders to delegate their voting power to earn bribes (ie yield) in the easiest and most profitable manner possible, helps protocols incentivize voting just as easily and efficiently, and creates all sorts of gigabrained structured vault strategies like the above-described Dullahan!
Make sure to follow them on Twitter and check out their below thread for more info!
Biggest TVL Movers + Else
Chains are mixed today. Only top 30 chains green on all three timelines are Tron (#2) and Aptos (#29).
Protocols are mixed today as well. Top 100 protocols green on all three timelines (daily, weekly, monthly) include JustLend (#4), Compound Finance (#9), stUSDT (#21), Tornado Cash (#31), Ondo Finance (#46), Stader (#54), MatrixDock (#55), Team Finance (#66), RealT (#70), Swell (#82), and Spark (#99).
Here’s The Top 12 Fastest-Growing Chains By Weekly TVL Growth (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By Weekly TVL Growth (minimum $1M TVL) (from @DefiLlama):
Here’s The Top 12 NFT Platforms By 7 Day Volume (from @DefiLlama):
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!)
-New project called @Baselaunchpad. Twitter bio states “Blue Launchpad is decentralized launchpad built on Base.”
-Something called @zillprotocol. Twitter bio states “Zill protocol is your portal to the blockchain world, enabling you to create user-friendly dApps more easily.”
-New trading bot protocol called @neobot_erc. Twitter bio states “The Ultimate Altcoin Bot! 🤖🔥 Token scanner and analysis tool, revenue share and AI-powered Signals! $NEOBOT”. h/t @DeFi_Made_Here:
-New protocol called @EphemerisNet. Twitter bio states “Pioneering advanced liquidity solutions for the upcoming Uniswap V4 protocol”. h/t @DeFi_Made_Here:
-New NFT marketplace on Linea called @FnacyNFT. Twitter bio states “NFT Marketplace on @LineaBuild 🔮 Buy, sell and create cards 🎨 on Web3 💜 Coming Soon”.
-Something new called @SableFinance. Twitter bio states “#1 reformative primitive to ETH LSD-backed stablecoin on @Arbitrum & @BNBChain | Borrow $USDS at 0 interest”. h/t @ApeOClock:
-Something new called @WenSwap_io. Twitter bio states “Tokenized Inventory Pools - A New Way To Manage CashFlow For Your Business”. h/t @AresLabs_xyz:
-New dex on Base called @BaseSwap_Fi has been added to @DefiLlama. Twitter bio states “#1 Native DEX on @BuildOnBase By Based Team for Based Degens. Launch on 31st July. 🔥”.
-Previously-mentioned Arbitrum dex @Spartadex_io has been added to @DefiLlama. Twitter bio states “The first gamified DEX on #Arbitrum...”
-New dex on Mantle called @galadorfi has been added to @DefiLlama. Twitter bio states “Empowering DeFi traders with fast execution & advanced trading with our hyper-efficient liquidity infrastructure.”
Security Alerts
-@CurveFinance sent an on-chain message to the wallet behind their recent exploit, offering a 10% bounty for a return of funds, and stating that if not accepted this bounty will instead be offered to anyone who can aid in the identification of the exploiter in question:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Launch of Coinbase’s L2 @BuildOnBase is getting lots of attention, h/t @coinbase, @MessariCrypto, @purplepill3m, and @ramahluwalia:
-GMX_IO’s V2 has launched, h/t @JJCycles and an excellent thread on it from @Castle_Cap:
-Curve founder Michael Egorov @newmichwill has apparently sold over $40M worth of $CRV in OTC deals and substantially paid down his lending positions, h/t @sandraaleow and @lemiscate:
-Trading bot narrative continuing to generate discussion, h/t @alpha_pls and @AvaxGems:
-SBF update c/o @AutismCapital:
-@jameslavish on the sovereign debt situation:
-Related stat c/o @FedGuy12:
-Excellent thread of crypto + macro stats/charts/analysis, from @defi_gaz:
-Some August token narratives to watch, h/t @Prithvir12:
-Excellent new video from Alpha Bites on everything going on in crypto + macro, featuring @JLabsJanitor and more:
-New episode of NFA Live with a wholesome mainstream perspective on crypto landscape, featuring @coinbureau, Rob from Digital Asset News, and Benjamin Cowen @intocryptoverse:
-New interview from Wealthion with ‘Fourth Turning’ originator Neil Howe:
-Sentiments c/o @CoinGurruu:
-Parting wisdom from @santiagoroel:
Conclusion
Have a great Friday good frogs!
And please RT/subscribe/etc if you found this valuable! :)
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***Note On Material: The ‘Spotlight’ section is the only part of The Daily Degen that is 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.