The Daily Degen - February 26th, 2023
All of today's news/data/alerts...
Happy Sunday fellow degens! Let’s get after it!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto:
Gold: $1,811.20
Oil (WTI): $76.32
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
@NestedFi is our official sponsor for the month of February! They are a new Social Trading protocol which lets users create portfolios and copy-trade other portfolios on ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC…
Nested allows for non-KYC fiat-onboarding through their integration with Mt Pelerin, as well as easy automatic dca’ing.
Here’s a cool recent thread from them:
Biggest TVL Movers
Chains are mixed today. Biggest gainer on the weekly among top 30 chains is Gnosis (#26) at +47.55%, and biggest loser is DeFiChain (#11) at -10.58%.
Protocols are also mixed today. Biggest gainers among top 100 protocols on the weekly are SolidLizard (#81) at +38.07%, and Solidly V2 (#77) at +46.04%. Biggest losers are BendDAO (#39) at -19.58%, and DeFiChain Dex (#36) at -11.99%.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama - note: there is no minimum TVL filter on this one so this includes some micro-TVL chains):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: minimum $1M TVL):
Here’s The Top 12 Stablecoins By Market Cap (from @coingecko):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
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!)
-Something new on Arbitrum working towards launch called @Powerorb_Win. Twitter bio states “Betting platform powered by #Arbitrum. 🎲 🎰 $PWB 🎱 🎲 Bet with $USDT $DAI $ETH $GMX $GNS $MAGIC 💰 #1 #BetToEarn platform. Probably nothing👀👀”. h/t @sirjossy001:
-Something called @KreskoFi. Twitter bio states “Making wealth accessible to anyone, anywhere. An open platform for synthetic stocks, commodities, and crypto.” h/t @msavazh:
-Something called @FTDEXFinance apparently just launched. No Twitter bio.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ TVL, single-exposure, and no-IL filters) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Some type of security incident on @Buffer_Finance:
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-From good thread by @NorthmanTrader:
-Updates on Platypus hackers:
-Interesting stat from @Asymmetry_Fi:
-Interesting charts from thread by @cuysheffield:
-More interesting macro data:
-@rollbitcom continuing to generate discussion on Twitter:
-Voyager update from @Rewkang:
-Great thread from @DeFiMann:
-Very thorough thread on using @DefiLlama from @thedefiedge:
-Good week in review video from @Blockworks featuring @MikeIppolito_ and @MarkYusko:
-Another great weekly roundup video from @theempirepod featuring @JasonYanowitz and @santiagoroel:
-Great macro video from @LukeGromen from several days ago that we missed at the time:
Conclusion
Have a great Sunday friends!
And please RT/follow/etc if you found this valuable! :)
Spotlight
Reminder that the good gents at @pendle_fi are doing their next community call on Tuesday, February 28th.
Check it out to learn all about what they have been up to (and catch some special alfa they may be dropping!). We are helping to spread the word about what they are building, so make sure to check them out and follow their Twitter account for ongoing updates!
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