The Daily Degen- December 3rd, 2023

All of today's news/data/alerts...

Happy Sunday friends! All this positive price action is a bit surreal after the last two years isn’t it?

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: $2071.00

Oil (WTI): $74.07

US 10Y Treasury: 4.209%

Stocks (from:@News4Moves): N/A

Biggest Price Movers

(From @coingecko top 1000, by 24 hour change)

Spotlight

Take note good degens… things are heating up over at @derivio_xyz - the new perps/options/derivatives protocol on zkSync Era!

As per the tweet below, all metrics are growing as the team continues to unveil everything they’ve been building this year!

In addition to regular perps trading… Derivio will be offering pair trading via their liquidity pool… plan to roll out synthetic perpetuals on assets like RWA's and NFT’s'… and have all sorts of other gigabrain products in the pipeline!

We’re helping spread the word about everything the Derivio team is up to, so make sure to follow them on Twitter for more updates and visit their site to get started trading and/or providing liquidity!

Biggest TVL Movers + Else

Chains are very green today. Fastest growing chains on the monthly with at least $10M TVL are Terra2, Radix, and Manta.

Protocols are very green today as well. Fastest growing protocols on the monthly with at least $10M TVL are zkSync Era dex ZKSwap, uncategorized multichain project Solv Protocol, and Radix dex CaviarNine.

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 Fee Generation (from @DefiLlama):

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 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 binary options protocol building on Base called @SidelineFinance. Twitter bio states “Binary Options Protocol Coming to Base”. h/t @2lambro:

-Something new called @KujiraIndex. Twitter bio states “The entire Kujira ecosystem in one asset. Coming VERY soon 🉐🐬”. h/t @2lambro:

-New project called @openseedtoken. Twitter bio states “The Ultimate Platform for NFTs. Join us today and discover the endless possibilities of digital art.” h/t @ApeOClock:

-New trading bot project called @Toolbox_bots. Twitter bio states “Your one-stop for the most advanced crypto trading tools, built exclusively on Telegram.” h/t @Beacon_Early:

-Something new called @spotlight_cash. Twitter bio states “find and cash out your scattered crypto...coming soon 👀 powered by @beam_cash 🌐”. h/t @AresLabs_xyz:

-Something new called @_Nexus_Network. Twitter bio states “"Economic layer for rollups" Nexus Network enables rollups to earn returns on assets (ETH & DAI) locked in the bridge in a non-custodial and decentralized way”. h/t @AresLabs_xyz:

-New Scroll dex called @issuaaOfficial has been added to @DefiLlama. Twitter bio states “Novel DeFi protocol for derivatives of real world and crypto assets on blockchain.”

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)

-Prices surged again over the last 24 hours, with $ETH hitting a new yearly high and $BTC approaching (but not yet hitting) the $40k mark, h/t @DefiantNews and @Dynamo_Patrick:

-Crypto market liquidity and attention continuing to increase:

-Arbitrum’s STIP Backfund proposal has passed, meaning a number of protocols on Arbitrum that did not receive STIP rewards originally will receive them now:

-Funding rates update from @DaanCrypto:

-Some ticker alfa from @defi_naly:

-Global bond market rally continues:

-Interesting chart re: emerging market equities from @TaviCosta:

-Interesting stats on Ordinals floor prices c/o @ord_io:

-@samczsun published part two of his new self-audit series, on Telegram security:

-Thoughts c/o @thedefiedge:

-New weekly crypto/macro roundup from @Blockworks_ featuring @MarkYusko and @MikeIppolito_:

-New @Ceazor7 video on Yearn V3:

-Excellent weekly macro overview from Joseph Wang @FedGuy12:

-Sentiments c/o @TheDeFinvestor:

-Parting wisdom from @0xAndrewMoh c/o @QuotableCrypto:

Conclusion

Happy Sunday good frogs!

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.