Happy Tuesday good degens! The insanity continues! 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 @CryptoBubbles24):
Gold: $2452.60
Oil (WTI): $73.72
US 10Y Treasury: 3.844%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are quite green today amidst the bounce. Chains with at least $100M TVL up at least 15% on the daily include BSquared, Solana, and TON.
Protocols are also quite green today. Protocols with at least $100M TVL up at least 20% on the daily include Meteora, Jito, Marinade, Sanctum, and Save.
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):
Here’s The Top 12 Dex’s By 24 Hour Volume (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 @eoracle_network. Twitter bio states “The modular and programmable oracle network secured by @ethereum, built with @eigenlayer”. Followed by 38 of our mutuals.
-Something new called @StorkOracle. Twitter bio states “Customizable data provisioning. Discover Everything. Build Anything.” Followed by 20 of our mutuals. h/t @josh_benaron:
-New project called @auto_gains. Twitter bio states “Building at autogains(dot)trade! A simple and easy way to automagically trade on gTrade.” Followed by 1 of our mutuals.
-New lending protocol on BEVM chain called @Protocol_Blend has been added to @DefiLlama. Twitter bio states “Lending Protocol on Bitcoin Layer 2”. Followed by 1 of our mutuals.
-Previously-mentioned bridge called @FBTC_official has been added to @DefiLlama. Twitter bio states “Liberate the Growth Power of Bitcoin | Early Core Contributors: @0xMantle and @AntalphaGlobal”. Followed by 17 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL 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)
-Global financial insanity continued yesterday, with the VIX (the tradfi volatility index) spiking to its highest level since the Covid crash in spring 2020, h/t @dunleavy89:
-Global tradfi system generating much cynicism as key stock markets and currencies bounce up and down like memecoins:
-All eyes on Japan as macro crisis continues:
-Aave is getting lots of attention right now, and apparently generated over $6M in revenue from liquidations yesterday, h/t @CurveCap (click below to read rest of his excellent thread too on all things defi-related):
-Some tickers outperforming on the bounce to keep an eye on, h/t @CryptoNikyous:
-Additional headlines c/o @0xSalazar:
-SOL/ETH chart generating lots of attention, h/t @Dynamo_Patrick:
-Good summary of the ‘Yen Carry Trade’ that’s been referenced so much this week, h/t @fejau_inc:
-$DJT token that generated so much controversy last month apparently dropped by over 90% earlier today, h/t @thecryptojourno:
-@ZircuitL2 airdrop is now live:
-New crypto/macro livestream from @noahseidman:
-New video on current macro situation from Joseph Wang @FedGuy12:
-New livestream from @BanklessHQ on current crypto/macro situation:
-New video on Solana ‘Blinks’ from @lightspeedpodhq:
-Investing wisdom from @TylerDurden:
-Important sentiments from @ViktorDefi:
Conclusion
Happy Tuesday friends! Stay alert amidst all the chaos out there!!!
And please RT/subscribe/etc if you found this valuable!
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Note
The team at @silentdao_ is diligently working on some extremely important privacy tech, building what is essentially meant to be a middleware privacy/encryption layer designed to facilitate composable privacy solutions within the EVM itself... so that you can utilize all the same mechanisms and protocols on-chain you normally would, but with built-in privacy protection while you do so!
Our editor @rektdiomedes has been helping raise awareness about what the @silentdao_ team have been building, and their launch is coming soon, and follow them on Twitter for more updates!
And make sure to check out their latest article below!
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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.