Happy Friday good frogs!
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: $2027.61
Oil (WTI): $77.34
US 10Y Treasury: 4.309%
Stocks ($SPY as proxy): +2.07%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take heed good frogs… @zkxprotocol is now back with another announcement! They've just listed $STRK on both the Pro and OG Trade exchanges!
As a brief recap, ZKX is the OG Perps exchange on Starknet we’ve been helping raise awareness about, featuring two exchanges tailored for different types of traders...
OG Trade is perfect for short-term traders and scalpers who love a bit of gamification, while Pro Trade caters to seasoned advanced traders…
In addition, your trading skills might earn you some sweet incentives in both $STRK and $ZKX tokens by trading on ZKX!
Get started trading on ZKX now at at https://app.zkx.fi/og?market_og=STRKUSDC!
Biggest TVL Movers + Else
Chains are mostly red today. Only top 30 chains green on all three timelines (daily, weekly, monthly) are Bitcoin (#5), Cronos (#15), Celo (#27), Hedera (#28), and Starknet (#29).
Protocols are mostly red today as well. Protocols with at least $10M TVL up at least 50% on the weekly include zklend, Meteora, Nostra, Ekubo, and Filet Finance.
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 Token-Holders’ Revenue (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (from @DefiLlama):
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 called @Core_Markets. Twitter bio states “Intents-Based Derivatives Coming to @Blast_L2 👀 | Core's Trading Hub Offers Over 250 Pairs with Up to 60x Leverage 📈”. Followed by 16 of our mutuals. h/t @Beacon_Early:
-Something new called @plurxyz. Twitter bio states “No-loss SocialFi platform with real incentives 🕊️” Followed by 4 of our mutuals. h/t @Beacon_Early:
-New project called @cliquid_xyz. Twitter bio states “Tailored @EigenLayer restaking. 🔃”. Followed by 2 of our mutuals. h/t @twindoges:
-New project called @LavaLending. Twitter bio states “Decentralised, non-custodial, multichain liquidity optimisation. Lend, borrow, lever liquidity positions from Uniswap, Curve, GMX, and more. chains: ARB, BASE”. Followed by 3 of our mutuals. h/t @twindoges:
-New project called @smolrefuel. Twitter bio states “Out of gas? Refuel here”. Followed by 17 of our mutuals. h/t @twindoges:
-New project called @superseed_xyz. Twitter bio states “Unlocking the economic value of Layer 2s. ⚒️ Coming soon. 🤫” Followed by 21 of our mutuals. h/t @AresLabs_xyz:
-New project called @fluidkey. Twitter bio states “Fluidkey protects your privacy. Receive and manage funds onchain without publicly linking them to you.” Followed by 4 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!
-Security alert from @peckshield:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) - 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)
-Announcement from Reddit that they have added $BTC and $ETH to balance sheet generating much attention:
-ETH L2 @Scroll_ZKP announced an in-depth Galxe campaign and then cancelled it after a negative response from users who have been experimenting with the network in anticipation of its presumed airdrop, h/t @KashKysh:
-Pudgy Penguins apparently getting its own .pudgy domain extension, h/t @Blockworks_:
-Project news/alfa c/o @TheDeFinvestor:
-Rabby wallet adds support for @dymension chain, which has been generating a lot of discussion lately:
-AI coins have been getting a lot of attention but still make up less than 1% of the total crypto market cap, h/t @ByzGeneral:
-Ticker alfa c/o @Prithvir12:
-For a scale reminder, the entire crypto market including $BTC and $ETH is still worth less than Nvidia:
-Top-performing AI tokens over the last week, c/o @CoinBeatsxyz:
-Situation in the Red Sea continues to generate lots of discussion in macro circles, h/t @LukeGromen and @RadiganCarter:
-More project alfa c/o @ayyyeandy:
-New video from aforementioned @LukeGromen:
-New weekly roll-up video from @BanklessHQ going over several dozen of the top stories in crypto:
-New video with macro gigabrain (and apparent ETH + SOL holder) Mike Green @profplum99:
-New episode of NFA Live featuring @coinbureau, @NewsAsset, and @IntoCryptoverse:
-Parting wisdom c/o @LomahCrypto:
Conclusion
Happy Friday and stay alert out there friends!
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.