Happy Tuesday friends and happy CPI (inflation) day!
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: $1985.40
Oil (WTI): $71.63
US 10Y Treasury: 4.196%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our monthly sponsor for December is the gigabrain team over at @ChainEDGE_io!
ChainEDGE is the creation of @OnChainWizard… well-respected defi expert, active trader, and long-term friend of The Daily Degen!
ChainEDGE is the premier on-chain analytics service for active tradoors… offering a live real-time smart money Alpha Stream, smart-money daily inflow/outflow tracking, daily summary from @OnChainWizard himself, real-time New Launch Digest, and tons of additional features!
Make sure to sign up now to start taking advantage of it!
Biggest TVL Movers + Else
Chains are mixed today. Top 25 chains up at least 5% on the daily include Avalanche (#6), Base (#10), MultiversX (#15), and Osmosis (#18).
Protocols are mixed today as well. Top 100 protocols up at least 100% on the weekly include multichain services protocol DefiSaver, uncategorized Solana protocol Kamino, Mantle Staked ETH, and Solana liquid-staking protocol BlazeStake.
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 Protocols By TVL On Solana (from @DefiLlama):
Here’s The Top 12 Protocols By TVL On Avalanche (from @DefiLlama):
Here’s The Top 12 On-Chain Entities By 24 Hour Fee 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!)
-New project on Avalanche called @ChickenWinner69. Twitter bio states “The first Generational Passive Income Opportunity on @avax Winner Winner, get that $EGGS Chicken Dinner”. h/t @mememe69696969:
-Something new called @socialpoolfi. Twitter bio states “On web3, your followers are your TVL. A trustless protocol designed to empower users to create and manage their own reward pools on established mechanisms.” h/t @thealphadigest:
-Something new called @GyreOnBeam. Twitter bio states “Embark on perilous solo-player story adventures, or compete in player-to-player combat on Gyre. $GYRE $GOLD coming soon. Built on Beam @BuildOnBeam”. h/t @Beacon_Early:
-New dex on Mantle called @AureliusFi from @OATHFoundation. Twitter bio states “Building a next-generation lending experience on @0xMantle , powered by $AUSD. The first official @OATHFoundation Chapter.” h/t @Beacon_Early:
-Another new Mantle project called @InitCapital_. Twitter bio states “Building Liquidity Hook Money Market. Lend, Borrow & Access Yield Strategies seamlessly with Liquidity Hooks. Coming soon: Jan'24”. h/t @Beacon_Early:
-New GambleFi project called @ethbetpoker. Twitter bio states “$EBC ERC20 ♠️ Web3 Poker ♠️ Play, Stake - Win 🏆 Presale coming soon”. h/t @ApeOClock:
-A new lending protocol on Arbitrum called @GloriFinance has been added to @DefiLlama. Twitter bio states “Algorithmic, autonomous and cross-chain lending protocol built on #perpDEX LP token.”
-Previously-mentioned Radix lending protocol @Weft_Finance has been added to @DefiLlama. Twitter bio states “Welcome to a nice and secure place for Asset Lenders and Borrowers Built on @radixdlt 🔥 #RunsOnRadix DeFi Faster Simpler Safer”.
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)
-Newest CPI (inflation) reading comes out today, dominating market discussions, with expectations of a decline from 3.2% to 3.1% in the core headline number, h/t @NickTimiraos:
-Current US and UK realtime inflation data from Chainlink-powered @truflation:
-Thoughts on the burgeoning ‘airdrop season’ meta from @_10delta_:
-@TraderJoe_xyz’s new Mantle dex @MerchantMoe_xyz and its separate token are generating lots of attention, h/t @Grantblocmates:
-Very interesting developments re: Coinbase and @BuildOnBase generated a lot of discussion over the last 24 hours, good summary from @WuBlockchain below:
-On-chain yields climbing back upward from last year’s low, h/t @kellyjgreer:
-Lot of chatter about $BITCOIN on the timeline today:
-Interesting observation/thoughts re: homebuilder stocks and US SFR real estate from Joseph Wang @FedGuy12:
-Story re: DTCC buying Securrency today generated some attention, h/t @MikeIppolito_:
-Valuable thoughts from @LynAldenContact:
-The tickers and @’s of some POW (proof of work) blockchains to potentially do more research on, from @fitforcrypto_:
-Good introductory thread on everything Ordinals from @cryptoprag:
-@Dynamo_Patrick released a huge new general 2024 airdrop guide:
-New video from Dan at @NewsAsset:
-New interview with Jim Bianco @BiancoResearch on the macro landscape, from @RealVision:
-Parting wisdom from @ayyyeandy:
Conclusion
Happy Tuesday good frogs! Stay alert out there!
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.