Happy Sunday good degens! Alts are down bad but Bitcoin is hanging on!
Let’s dive in!
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: $3.47T
Gold: $2809.30
Oil (WTI): $72.53
US 10Y Treasury: 4.543%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends… huge things are happening with Maple Finance!
On-chain institutional lending marketplace @maplefinance and their defi-facing protocol @syrupfi are one of the strongest and most interesting projects to emerge from the recent bear market…
As stated in this excellent article by Maple co-founder @joe_defi:
“Maple aims to become the largest facilitator of onchain credit worldwide by 2030. We envision a future where accessing institutional lending markets is frictionless. Capital markets are the engine of innovation, funding everything from the earliest trade routes to modern space exploration…
Our goal is to empower everyone—from institutional investors to retail users—to earn consistent yields through transparent lending markets funding the future… We are making borrowing and lending as seamless as any modern digital service, democratizing institutional credit markets for everyone…”
Our editor @rektdiomedes has been a long-term fan of Maple since the earliest days of his journey into the defi world, and is now cooking hard helping the Maple team bang the drum about everything they are doing… and The Daily Degen will be assisting in those efforts!
Follow @maplefinance and @syrupfi on Twitter and stay tuned for additional updates!
Biggest TVL Movers + Else
Chains are mostly red today. Only top 50 chains up at least 10% on the weekly are Sonic (#26), and Fraxtal (#50).
Protocols are mostly red today as well. Only top 100 protocols up at least 20% on the weekly are Royco Protocol (#29), StakeStone (#40), and CIAN Protocol (#48).
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):
Here’s The Top 12 Dex’s By 7 Day Volume (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 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 @candledottv. No Twitter bio. Followed by 9 of our mutuals. h/t @AresLabs_xyz and @JupiterExchange:
-Something new called @yapsterxyz. Twitter bio states “he who controls the memes, controls the universe”. Followed by 98 of our mutuals. h/t @DefiIgnas:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $1M+ TVL) - 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
-Market seems to have entered hardcore ‘risk off’ mode with Trump’s tariff announcements, h/t @DaanCrypto:
-The above-mentioned tariffs are dominating mainstream discussion today, example c/o @KobeissiLetter below:
-Lot of chatter that both Monad and Berachain will be launching imminently, h/t @intern:
-Altcoin Season Index continues its downswing from recent high’s, h/t @milesdeutscher:
-Inflation data update from @truflation (and also some very good, sober explanations re: tariffs and inflation if you are interested - click to read tweet in full if so):
-All eyes on how stonks will open on Monday due to the above, and whether Bitcoin will continue its outperformance, h/t @ReetikaTrades:
-Defi headlines from @TheDeFinvestor:
-Kaito meta continues to heat up, with Andre Cronje and Sonic now hopping on it as a growth mechanism, h/t @crypthoem:
-Very interesting stat from @Tyler_Did_It and @rektmando that Solana now has $11.6B in stablecoins on it while Solana meme coins are now at only $15B market cap by comparison:
-More and more solid action in defi world despite mini sell-off we’re seeing in crypto more broadly, h/t @leo_escobar_:
-@santiagoroel on return dispersion:
-New discussion between macro gigabrains James Lavish and Michael Howell (click to watch video in tweet):
-New weekly macro overview from Joseph Wang @FedGuy12:
-New crypto/macro livestream from @noahseidman:
-Parting wisdom c/o @DeFiMinty:
Conclusion
Have a great Sunday and stay hypervigilant out there friends!
And please RT/subscribe/etc if you found this valuable!
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Note
Once again good anons - @vertex_protocol are now live on Abstract Chain!
If you weren’t already aware, @AbstractChain is the new Pudgy Penguins linked blockchain that has been generating massive excitement since it launched several days ago, and Vertex is now providing all its popular offerings on it:
- Spot, perpetuals, and money markets.
- Deep, unified liquidity
- Cross-margined accounts
- Lightning-fast execution
- Minimal fees for maximum impact
Abstract is just the latest addition for Vertex, who have recently deployed on Sei and Base and Sonic and Botanix- and will be deploying to Berachain via @brotrade_DEX once it launches as well!
Learn more about the Abstract launch via the thread below, and make sure to follow Vertex on Twitter for more updates!
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***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.