Happy Sunday degens!
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: $2004.05
Oil (WTI): $71.23
US 10Y Treasury: 4.23%
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mixed today. Top 30 chains up at least 30% on the weekly include Cardano (#9) and MultiversX (#15).
Protocols are mixed today as well. Protocols with at least $100M TVL up at least 40% on the weekly include Kamino, marginfi, WemixFi, and Benqi.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: this one has a minimum TVL filter so only includes protocols with at least $1M TVL):
Here’s The Top 12 Dex’s By 24 Hour Volume (from @DefiLlama):
Here’s The Top 12 Derivatives/Perps Protocols By 24 Hour Volume (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
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!)
-Something new called @rhinestonewtf. Twitter bio states “The future of account abstraction is modular”. h/t @AresLabs_xyz:
-New protocol called @Dualbit_Bridge. Twitter bio states “Unlocking liquidity for DRC20s on EVM networks. ↔️ Dual sided bridge. Coming soon on @Ethereum”. h/t @thealphadigest:
-New project called @boostonblast. Twitter bio states “Boost now. Blast later.” h/t @thealphadigest:
-Something new called @Portalcoin that has been getting a lot of attention but that we hadn’t highlighted yet apparently. Twitter bio states “Onboarding the first billion gamers into Web3. Built with @LayerZero_Labs | Integrated with @Solana , @0xPolygon & more | Partnered with @MagicEden & @M80gg”. h/t @CryptoNikyous:
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)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Stablecoin adoption continuing to ramp up, especially in developing + emerging markets, h/t @zcabrams:
-Solana NFT season appears to be in full swing, h/t @TheDefInvestor:
-Price + attention spike for Cardano $ADA is being heralded by some as the ‘return of retail’ or at least a harbinger of it, h/t @WuBlockchain for related info:
-@Blast_L2 continuing to generate attention, now with almost $1B of deposits/TVL, h/t @tokenterminal and @danrobinson:
-@kaiynne on Synthetix ending $SNX-inflation:
-Interesting stat from @Dynamo_Patrick that dex’s have dropped from the top defi category by TVL to 4th after liquid-staking, lending, and bridges:
-Top gas consumers the last 30 days on Arbitrum, from @tokenterminal:
-Interesting thoughts on NFT space from @QwQiao:
-Interesting thoughts on current airdrop meta as this cycle’s version of ‘Defi Summer’ + Solana bullishness from @santiagoroel:
-Good airdrops thread from @Beacon_Early:
-Wise sentiments from @LouisCooper_:
-New crypto + macro discussion between @MarkYusko and @MikeIppolito_ on @Blockworks_:
-Video on various smallcap altcoins from @blocmatesdotcom:
-Parting wisdom c/o @KirbyLarp c/o @QuotableCrypto:
Conclusion
Happy Sunday friends! Stay on your toes out there!
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.