Happy Saturday friends! Tons of interesting stuff going on!
Let’s dive in!
As always… 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):
Total Crypto Market Cap: $3.80T
Gold: $2648.95
Oil (WTI): $71.29
US 10Y Treasury: 4.395%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The team at @silentdao_ is continuing to develop their revolutionary new on-chain privacy architecture… which is essentially meant to be a middleware privacy/encryption layer:
“Silent Protocol is building the ghost layer, a modular layer 1.5 providing compliant privacy built on the EZEE framework to become that structured playground for institutions and retail users that can provide compliant, secure and privacy preserving access to ethereum native and cross chain liquidity along with enabling access to applications.”
Our editor @rektdiomedes is helping bang the drum about everything @silentdao_ is working on, so make sure to follow them on Twitter for more updates and check out the great thread on them from @kenodnb below!
Biggest TVL Movers + Else
Chains are mixed today. Fastest-growing chains on the weekly with at least $10M TVL include Hyperliquid, Mayachain, and Bitcoin.
Protocols are also mixed today. Fastest-growing protocols on the weekly with at least $10M TVL include Solana liquid-staking project The Vault, Solana yield protocol RateX, and Solana liquid-staking protocol Edgevana.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-$LINK has been absolutely surging good anons! Now around the $30 mark, it is also generating headlines due to Trump’s @WorldLibertyFi project buying it (along with AAVE) and long-term Link Marines are more excited than they have been in years! Do you think the price will keep going up?!? Express your thesis via spot or leverage now with Vertex and access 50+ other markets as well at app.vertexprotocol.com!
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!)
-New project called @Hypervol_xyz. Twitter bio states “Volatility Markets for HyperEVM, Built on @HyperliquidX”. Followed by 8 of our mutuals. h/t @AresLabs_xyz:
-New protocol on Avax called @ChissProtocol. Twitter bio states “Permissionless on-chain FX mixer for seamless earning, borrowing & affordable global trade. Built on @avax”. Followed by 1 of the Avax co-founders. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $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
-Top story of the day is the fact that MicroStrategy has been added to the Nasdaq:
-Most nuanced discussion we’ve seen on all the various implications of this, h/t @hufhaus9:
-Morning $BTC check-in from @DaanCrypto:
-Hyperliquid has now surpassed Arbitrum in TVL, h/t @Dynamo_Patrick:
-$VELO mooned yesterday after it was listed on Binance, h/t @inversebrah:
-Continued excitement about Pudgy Penguins $PENGU airdrop, h/t @sjdedic:
-Interesting observation on memecoins from @thedefivillain:
-Interesting thoughts from @LogicalBTC:
-@vaneck_us released a thread of 10 predictions for 2025, including a prediction that additional ETF’s ($SOL, etc) will be approved (whole thread is very interesting, well worth reading):
-Another absolutely massive thread from @S4mmyEth of AI Agent news/alfa:
-New interview from @KevinWSHPod with Pudgy Penguins head @LucaNetz and Jupiter head @weremeow:
-New macro/crypto check-in from @Blockworks_:
-New @notthreadguy interview about Hyperliquid with @ThinkingUSD and @frankdegods:
-New crypto/macro livestream from @noahseidman:
-New airdrop video from @KryptoCove:
-Bullish sentiments from @BitwiseInvest:
-Bullish sentiments from @Matt_Hougan:
Conclusion
Have a great Saturday friends and don’t forget to touch some grass this weekend!
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.