Happy Friday fellow degens! Lots of interesting stuff going on :)
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,796.20
Oil (WTI): $78.19
Stocks:
Biggest Price Movers
(From @coingecko top 1000)
Note
@NestedFi is our official sponsor for the month of December... They are a new Social Trading protocol which lets users create portfolios and copy-trade other portfolios on ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC…
Nested allows for non-KYC fiat-onboarding through their integration with Mt Pelerin, as well as easy automatic dca’ing.
They are having an airdrop for early users, so make sure to check them out and consider creating some portfolios + copying some other traders’ portfolios!
Here’s a thread on them from @korpi87:
Biggest TVL Movers
Chains are mixed today. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Fusion (#16), Aptos (#31), and OKExChain (#41).
Protocols are mostly green today. Top 100 protocols green on all three timelines (daily, weekly, monthly) include Frax Finance (#12), Aura (#21), Euler (#45), Gearbox (#52), B.Protocol (#74), Velodrome (#77), LUSD ChickenBonds (#82), RealT (#83), Notional (#87), Beethoven X (#90), and Origin Dollar (#97).
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 Bridges By 7 Day Volume (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
New Protocols
(note: this includes new protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something called @ecodotorg on Cronos has been added to @DeBankDefi. Twitter bio states “The Eco Association is a non-profit organization dedicated to supporting the growth of the Eco Currency protocol.”
-New protocol called @Ankexcom. Twitter bio states “Ankex A non-custodial hybrid exchange”. h/t @toffee248:
-New L1 called @ShidoFinance Twitter bio states “Shido is building Layer 1 DPoS Blockchain. Shido Dex & Perpetual launching December. Download Shido Wallet now. $SHIDO - ETH & BSC.”
-Previously-mentioned @Turtleswapio has been added to @DeBankDefi. Again, Twitter bio states “💙 🧡🐢 New DEX on #ARBITRUM made by cute turtles 🐢💙 🧡 $TURTL”.
-New protocol called @HyperdriveL2. Twitter bio states “A next-gen L2 NFT exchange! Built for the people by the community.✨” Also h/t @toffee248:
-Something called @DecentrexHQ. Twitter bio states “ Perpetual futures DEX for degens. Powered by @synthetix_io and @optimismPBC.Start trading with up to 25x leverage today! 🦖”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-SBF updates:
-Interesting stat from @yashcrypto21:
-Some bearish stonks analysis from @OuroborosCap8:
-BTC chart from @KingJulianIAm:
-Contrarian indicator c/o @JasonYanowitz?
-CRV/SNX alfa from @DefiMoon?
-Interesting macro stat from @NickTimiraos:
-Rather somber stat from US:
-Thread from @danielesesta on Popsicle Finance and skeptical take from @BarryFried1:
-Gasoline hits recent lows:
-@1MarkMoss released a video on the $1.7T omnibus spending bill that has dominated headlines in the US this week:
-@flywheelpod released a video on a potential $fraxBTC wrapped ERC Bitcoin, with sprinklings of additional defi alfa:
-@BanklessHQ interviewed Ryan Selkis @twobitidiot on the year in review and his theses for crypto going forward into 2023:
-Excellent thread from @thedefiedge:
Conclusion
Have a great Friday and stay alert out there friends!
And please RT/follow/etc if you found this interesting! :)
-
Note
If you trade using GMX we’d be honored if you use our referral link to help support The Daily Degen! It will also provide you 10% off your trading fees :)