Happy Monday friends! Another big week 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: $2023.11
Oil (WTI): $76.08
US 10Y Treasury: 4.094%
Stocks ($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!
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. Biggest gainer on the weekly among top 30 chains is Kujira (#24) at +18.08%, and biggest loser is DefiChain (#29) at -8.29%.
Protocols are mostly red today. Biggest gainer on the weekly among top 100 protocols is EigenLayer (#5) at +178%, and biggest loser is Prisma Finance (#56) at -33.88%.
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):
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/newish called @MerlinLayer2. Twitter bio states “A Native Bitcoin Layer2 powered by @BitmapTech, building upon the native assets, protocols, and products on Bitcoin Layer1, to Make #Bitcoin Fun Again”. Followed by 52 of our mutuals.
-New project called @airpuff_io. Twitter bio states “Get Buff with Airpuff to power up your restaking journey!” Followed by 11 of our mutuals. h/t @twindoges:
-Something new called @L2Ordinals. Twitter bio states “Open standards for fully trustless zkVM powered Layer 2s on #Bitcoin.” Followed by 3 of our mutuals. h/t @twindoges:
-Something new being built on @Blast_L2 called @QuailFinance. Twitter bio states “Collateral Free Liquidity Based on Social Trust. Coming on @Blast_L2 Soon.” Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-Something new being built on @Blast_L2 called @gum_social. Twitter bio states “Social platform for artists and creators built on @Blast_L2 ,stay tuned🔔”. Followed by 5 of our mutuals. h/t @AresLabs_xyz:
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-No security alerts today.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, and no-IL 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)
-Macro schedule for the week ahead c/o @KobeissiLetter:
-Impending Wormhole airdrop continues to generate excitement/discussion, h/t @DefiSolar:
-No crypto commercials at the Super Bowl yesterday:
-Brief watchlist for the week ahead c/o @TheDeFinvestor:
-More narrative/ticker thoughts, c/o @layerggofficial:
-Memecoin $MOG popping up on the TL a lot the last couple days, h/t @thedefivillain:
-Important security reminder re: airdrops from @odin_free:
-AI narrative continues to gain steam, h/t @CoinBeatsxyz:
-The Pudgy:BAYC ratio has gone up almost 100x, h/t @punk9059:
-Airdrop-alfa c/o @faycytw:
-Bullish forward-looking sentiments c/o @HighCoinviction:
-Another good airdrop tutorial by @KyrptoCove, on @deBridgeFinance:
-New macro discussion between gigabrain Weston Nakamura @acrossthespread and legendary commentator Grant Williams @ttmygh:
-Parting thoughts c/o @Zeneca:
Conclusion
Happy Monday 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’ section (and ‘Note’ sections and info on our Official Monthly Sponsor if applicable) 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.