The Daily Degen- December 26th, 2023
All of today's news/data/alerts...
Happy Tuesday 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: $2072.40
Oil (WTI): $73.99
US 10Y Treasury: 3.902%
Stocks ($SPY as proxy): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Lots of exciting stuff happening with @silentdao_ friends!
Our editor @rektdiomedes has been helping bang the drum about what the gents at @silentdao_ have been building, and things are starting to heat up to say the least!
Once again, Silent is middle-ware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself... Make sure to follow the official @silentdao_ Twitter account so you don’t miss any important updates! ;)
Biggest TVL Movers + Else
Chains are mixed today. Some notables include Manta (#23) at +208% on the weekly, Fusion (#26) at -27.95% on the weekly, and Metis (#44) at +66.20% on the weekly.
Protocols are mostly red today. Some notables include EigenLayer (#19) at +31.50%, BlazeStake (#53) at +62.60%, and Drift (#74) at +51.57%.
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):
Top Trending Tokens (from @dexscreener, 24 hour timeframe):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Degen Alfa
(Exclusive data/information from our Official Sponsor @ChainEDGE_io - sign up today by clicking here!)
-24 Hour Smart Money Inflows/Outflows:
New Projects
(note: this includes new projects 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 @ins_evm. Twitter bio states “This is an inscription experiment within the EVM…” h/t @toffee248:
-New project called @galoisperps. Twitter bio states “Trade with a wild 50X leverage! Customize your platform and dive into a whole new trading experience. 🚀📈 Discord coming soon.” h/t @toffee248:
-New AMM on Beam Network called @Infernoswap has been added to @DefiLlama. Twitter bio states “Discover a new era of decentralized trading excellence & Enjoy The Lowest Trading Fees (0.2%) on Beam Network. @BuildOnBeam”.
Security Alerts
-@PeckShieldAlert released the following alert re: @telcoin:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) 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)
-L1 and L2 tokens continue to dominate in price action, with Solana leading the show, h/t @blockchaingod69:
-Ticker alfa from @TheDefInvestor:
-Interesting data on largest historic airdrops as new airdrop meta heats up going into 2024, h/t @coingecko:
-Fake apps continue to predominate, as well as very aggressive scams using Twitter ads that are mimicking airdrop threads, often from purchased accounts with notable followers, example of former below from @iam4x:
-Interesting observation/thoughts from @BowTiedNightOwl:
-Solana-fever continues, with even Aave founder @StaniKulechov tweeting about it:
-Ethereum L2 Metis getting lots of attention on the timeline, h/t @CryptoGideon below:
-(Related) excellent thread on Metis from @ThorHartvigsen:
-More airdrop alfa/info from @CC2Ventures:
-Security thoughts from @tbr90:
-Very interesting, in-depth thread from @MrGavinLow:
-@BanklessHQ is in the middle of a live interview with Solana founder @aeyakovenko (same video link/embed should still work later too):
-Interesting @Blockworks_ discussion featuring Joseph Wang @FedGuy12:
-Parting wisdom from @Route2FI:
Conclusion
Happy Tuesday friends let’s get after it!
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.