The Daily Degen - December 5th, 2022
All of today's news/data/alerts...
Greetings friends! Start of another big week!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,798.00
Oil (WTI): $80.54
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Our official sponsor for the month of December is @NestedFi!
@NestedFi is a new Social Trading protocol, which lets users create portfolios (and copy-trade other portfolios) on all the main EVM chains.
You can also use it for non-KYC fiat-onboarding through their integration with Mt Pelerin.
Here’s the good degen @alpha_pls’s Arbitrum portfolio, for example:
Biggest TVL Movers
Chains are very green today, with 27 of the top 30 chains green on the daily. Biggest gainers on the weekly are Thorchain (#22) at +12.03%, and Arbitrum (#5) at +9.58%. Biggest losers are Near (#26) at -10.01%, and BSC (#2) at -7.99%.
Protocols are very green as well, with 93 of the top 100 green on the daily. The only protocols red on all three timelines (daily, weekly, monthly) are Sun (#16), MDEX (#59), and Vires Finance (#83).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Other Data Points
(note: the wonderful @BitcoinFear and @EthereumFear have not been updating on Twitter for some reason, so using @ChartingBot instead)
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!)
-New protocol apparently launching in Q1, followed by a bunch of our mutuals, called @Convergence_fi. Twitter bio states “Governance black hole | 🦇🔊”.
-New protocol called @AftermathFi. Twitter bio states “CEX but on-chain. Built on #SuiMove #BetterThanCEX.” Here’s an introductory thread of theirs from a couple months ago:
-Previously-mentioned Fantom protocol @Equalizer0x has been added to @DefiLlama. Description states “Equalizer's twin-AMM design unites StableSwap pools with Standard 'kxy' liquidity pools. All the trading fees go to Vote-Escrowers of emission token $EQUAL which has to be Locked to earn triple 'Bribes' from candidate pools via Trade Fee, Internal Bribes & External Bribes.”
-New protocol called @Wrapped_Domains. Twitter bio states “the first ever ERC 1155 web3 domains on the ethereum network . wrap your domains and build an identity on the blockchain and the web2 space.” h/t @ApeOClock
-New/newish protocol called @AllsparkFinance. Twitter bio states “Allspark is the first NFT Omni-Liquidity aggregation protocol. With Allspark, traders can purchase NFTs from all chains in one.”
-Something new called @crownribbonhq. Twitter bio states “Real Race Horses on the Blockchain.”. Also h/t @CryptoCoinShow, who we found this through (see second tweet below).
-Something called @guchi_io launching on Cardano (if undertsanding right). Twitter bio states “put your money where your 口 is…”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ TVL, no-IL, and single-exposure only) 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)
-Upcoming events this week:
-Interesting historical Bitcoin data:
-Interesting update on Reddit NFT’s from @GiancarloChaux:
-Interesting data if accurate:
-@AuraFinance alfa:
-Fascinating thread from @derpaderpaderp:
-@RaoulGMI released an interesting article (unsurprisingly bullish but very good):
-Very interesting thread from @DefiIgnas:
-Extremely good thread touching on current macro situation as well as strategies for current crypto market, from @_FabianHD:
-Indian stock market hitting all-time highs:
-@coinbureau released a video on 10 potential catalysts for crypto in 2023:
-@Blockworks_ released an interview with @abcampbell on the turbulent situation in China and how it might impact markets:
Conclusion
Have a great Monday friends! Let’s get after it this week!
And please RT/follow/etc if you found this helpful! :)
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Note
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