Happy Thursday good degens! Tons of stuff going on including launch of Berachain and much else!
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: $3.26T
Gold: $2877.80
Oil (WTI): $71.18
US 10Y Treasury: 4.458%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Big plans from the crew at @vertex_protocol as the bull market heats up!
They just released their new update ‘Vertex V3: The Vision For 2025 And Beyond’ outlining all the plans that are in the works!
As stated in the long-form post below (click to read it in full):
“Vertex’s roadmap for 2025 is clear and ambitious:
☑️ 25+ EVM chains via Vertex Edge
☑️ Vertex Liquidity Pool (VLP)
☑️ Fully decentralized sequencer infrastructure
DeFi is moving fast.
Vertex moves faster.
Are you ready for the next era of on-chain finance?”
Click here or the screenshot below to read it in full!
And as always make sure to visit the Vertex site now at app.vertexprotocol.com and get started trading 60+ perps and spot markets, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chain green on the weekly is Sonic (#25).
Protocols are also mixed. Only top 50 protocols green on the weekly are Ethena (#5), Royco Protocol (#14), Stargate Finance (#38), CIAN Protocol (#41), and StakeStone (#43).
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 Token-Holders’ Revenue (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!)
-New project on Berachain called @bearcage_xyz. Twitter bio states “The All-in-One Meme Factory on @Berachain”. Followed by 10 of our mutuals. h/t @2lambro:
-New project on Berachain called @terp_layer. Twitter bio states “BTC-Fi Infra Protocol | Native BTC Liquidity meets PoL | Powering DeFi on @Berachain 🐻”. Followed by 17 of our mutuals. h/t @2lambro:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $25M+ TVL) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
-Morning headlines from @Tyler_Did_It:
-Today’s Berachain mainnet launch is generating much attention, h/t @sandraaleow:
-Important Berachain links, from @OlimpioCrypto:
-$BERA token is now live as well - REMINDER: be extremely hypervigilant exploring all new sites and ecosystems - double and triple check all links and URL’s and etc via @coingecko and @DefiLlama - also remember Twitter and Discord and TG and Google search results will all be teeming with scams and fake versions of sites:
-More great Berachain links/tools/alfa/etc from @2lambro:
-Also, you may qualify for the Berachain airdrop even if you haven’t directly interacted with the ecosystem in any way, h/t @crypthoem and @alpha_pls:
-It appears that Trump and incoming Treasury Secretary Scott Bessent want to focus on getting long duration bond yields down (as this is what mortgage rates and much of the economy are primarily tied to) rather than focusing on the front end of the yield curve and short term yields that the Fed more directly controls via rate cuts (to vastly simplify things). If they are successful this should be bullish for real estate and risk assets such as crypto obviously:
-“It feels like the market is in no man’s land” - @Flowslikeosmo:
-Additional headlines from @cryptoIntegrat:
-Topic of coding x AI generating much debate on the TL - example below:
-Has the bull market not even started yet? h/t @cryptoklotz and @zackvoell:
-New Berachain-focused livestream from @Grantblocmates and @jediblocmates at @blocmatesdotcom, published just a couple hours ago:
-New Treasury Secretary Scott Bessent’s appearance on Larry Kudlow yesterday that is generating much discussion:
-New interview with Jeff Park @dgt10011 from @BanklessHQ on crypto, macro, stablecoins, tariffs, and more:
-New roundtable livestream published yesterday by @phtevenstrong and @Dynamo_Patrick going over the state of the market, the Berachain launch, and more:
-New roundtable from @Unchained_pod featuring @krugermacro and @dgt10011 and more discussing the macro + crypto landscape:
-New macro interview with energy expert Doomberg from @RealVision:
-Parting sentiments from @Jesseeckel:
Conclusion
Happy Thursday friends! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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Note
Take note good degens… @GL_Capital_ just released a great thread on @maplefinance!
As it states:
“…@maplefinance experienced phenomenal growth in 2024:
🔸More than $500M TVL ~ 500% growth YTD
🔸Over $5B in total loan originations
🔸$330 000 Monthly Recurring Revenue ~ 500%
YTD Maple has thrived by refining its product offerings, and the market has responded favorably to its range of institutional credit solutions.
Looking at the yield performance in 2024, both Maple and $SYRUP (Maple’s permissionless protocol) consistently delivered some of the best USDC yields...”
The thread is very thorough and has a ton of great info so we highly recommend reading it in full!
Check it out by clicking below, follow @maplefinance and @syrupfi on Twitter for additional updates, and stay tuned as we keep banging the drum about everything they are shipping!
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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.