Happy Sunday friends! Let’s get after it!
As always… 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 @CryptoBubbles):
Total Crypto Market Cap: $3.29T
Gold: $2949.60
Oil (WTI): $70.40
US 10Y Treasury: 4.431%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note good degens! @vertex_protocol is now live on Berachain via @brotrade_DEX - who will be using Vertex’s gigabrain omnichain liquidity infra to provide perps trading on the honey-drenched Berachain environs!
As noted by @brotrade_DEX below:
“The wait is over—bro.trade is officially LIVE on Berachain!…
We’re unleashing a tidal wave of $HONEY liquidity, driving you straight into the heart of the trading action. With Vertex Edge, our “back-end beast,” you'll experience CEX-level speed (5-15ms per trade) and top-tier infrastructure. Say goodbye to slippage and fragmented markets; this is where smooth, optimized trading on Berachain begins–bro.trade is here for you!…
With 50+ markets and the leverage you need, dive into the majors like ETH and BTC with 20x leverage, or satisfy your degen cravings with a meme token. Whatever you're looking to trade, the bros have you covered…”
To learn more, check out the new article from @brotrade_DEX quote-tweeted by Vertex below!
And as always- you can trade 60+ perps and spot markets and earn some exquisite yields at app.vertexprotocol.com and get more updates by following them on Twitter as well.
Biggest TVL Movers + Else
Chains are mixed today. Top 25 chains red on all three timelines (daily, weekly, monthly) include Solana (#2), Bitcoin (#3), Bitlayer (#19), BSquared (#21), and dYdX (#24).
Protocols are also mixed. Top 25 protocols red on all three timelines (daily, weekly, monthly) include Baylon (#8), Morpho (#12), Jito (#16), Jupiter (#17), Kamino (#19), Pancakeswap (#24), and Avalon Labs (#25).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top Entities By 24 Hour Revenue Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @PicassoMarkets. Twitter bio states “The Stock Market. Reimagined 🎨” Followed by 1 of our mutuals. h/t @AresLabs_xyz:
-Something new called @mnm_fun. Twitter bio states “Your automated AI Agent for Market Making”. Followed by 3 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Defi headlines from @TheDeFinvestor:
-Total altcoin market cap consolidating around 2024 high’s, h/t @DaanCrypto:
-Are interest rates and the USD both going lower this year? h/t @AndreasSteno and @BittelJulien:
-All eyes on Saylor/MicroStrategy buying once again:
-Discussion about the possibility of Lazarus or affiliated group laundering money via PumpFun is generating lots of attention:
-Alfa on stuff to check out (Sonic, Eclipse, Swellchain, and Monad testnet) from @0xBreadGuy:
-Celebrity memecoin stuff continues to take up substantial bandwidth on the TL:
-Berachain, Arbitrum, and Sonic leading on TVL inflows, h/t @DefiLlama:
-Continued discussion re: security best practices in wake of Bybit attack, h/t @lex_node:
-New article from @0xPrismatic on the Bittensor/$TAO dTAO upgrade:
-New @Dynamo_Patrick video on the rise of Sonic and defi research tips:
-New interview with @joemccann from the Coin Bureau team:
-New @0xSteadyLads livestream featuring @zhusu:
-New interview on Sonic yields/defi/etc from @phtevenstrong:
-Weekly macro overview from Joseph Wang @FedGuy12:
-Parting wisdom from @hmalviya9:
Conclusion
Have a great Sunday friends and stay hypervigilant out there!
And please RT/subscribe/etc if you found this valuable!
-
-
Note
Huge news from our friends at @Cod3xOrg - who have officially released their $CDX/Cod3x token!
As stated in the official article:
“On Monday, we released about 50% of the Cod3x token to the public at $5m FDV. Nearly 5500 people were airdropped tokens, resulting in over 15,000 transfers and $5m in trading volume.
No vesting. No VC. No MM. 5 years of tireless work...”
As a reminder, Cod3x is a fully hosted AI agent creation platform in an easy-to-use web app- and much more- from legendary defi builder @0xBebis_ and co…
As stated in the article below, Cod3x is to the AI market as Wordpress was to websites or Shopify was to e-commerce… and is poised to revolutionize the entire nascent crypto x AI sector!
Follow Bebis and Cod3x on Twitter for more alfa on everything Cod3x is shipping… and watch out for further updates as we continue highlighting everything they are shipping!
-
-
***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor @vertex_protocol 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.