Happy Thursday friends! Lots of stuff going on!
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: $2452.00
Oil (WTI): $75.25
US 10Y Treasury: 3.981%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Another cool update from our Official Sponsor @vertex_protocol, as users can now create and manage multiple accounts under the same wallet address!
As always, Vertex currently offers over 40 different perps and spot markets with an experience just as smooth as any centralized exchange, utilizing a state of the art cross-chain liquidity infrastructure via their Edge system @EdgeLayer! In addition, if you like juicy yields, you can also stake VRTX to benefit from both ‘RealYield’ paid in USDC and the official VRTX buyback & burn program!
Learn more about this latest update via the thread below, visit the Vertex site now at app.vertexprotocol.com, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Top 50 chains green on all three timelines (daily, weekly, monthly) include Hyperliquid (#10), and BSquared (#32).
Protocols are mostly red today. Top 100 protocols green on all three timelines (daily, weekly, monthly) include Hyperliquid (#34 - and again, Hyperliquid is listed as both a chain and a protocol currently on DeFiLlama), Jupiter (#36), SUN (#41), Hashnote USYC (#98), and Solayer (#100).
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):
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/new-ish called @AnzenProtocol. Twitter bio states “Optimizing Operator Payments on @EigenLayer built by @Hydrogen_Labs”. Followed by 34 of our mutuals. h/t @ayyyeandy:
-New project called @felixcredit. Twitter bio states “Borrow and earn with hlUSD, on @HyperliquidX”. Followed by 3 of our mutuals. h/t @twindoges:
-Something new called @tekofinance. Twitter bio states “Real-time money markets on @megaeth_labs”. Followed by 4 of our mutuals. h/t @twindoges:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Prices have continued to bounce after the carnage of earlier this week, but nothing crazy going on right now:
-Popular EVM wallet @Rabby_io potentially expanding to Solana, h/t @alpha_pls:
-Solana stablecoin liquidity growing, h/t @0xGumshoe:
-Treasury buyback alfa from @dunleavy89:
-$KMNO and $DRIFT top outperformers among Solana coins, h/t @tradetheflow_ (click to read rest of long form tweet):
-Ticker observations c/o @thedefivillain:
-Additional ticker analysis c/o @Prithvir12:
-Additional headlines c/o @0xSalazar:
-Additional news/alfa from @TheDeFinvestor:
-Interesting back and forth between two of our favorite tradfi commentators, @hkuppy and @LukeGromen:
-Some fascinating defi esoterica from @0xngmi:
-New crypto/macro livestream from @noahseidman:
-New roundtable discussion from @0xResearch:
-New Q&A with macro gigabrain @LukeGromen:
-New video on Solana ecosystem analysis + strategy, from @Dynamo_Patrick:
-New interview with Arthur Hayes @CryptoHayes:
-Parting wisdom from @Route2Fi:
Conclusion
Happy Thursday friends! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
-
-
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 recent article below!
-
-
***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.