Happy Sunday good degens!
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: $3.289T
Gold: $2886.10
Oil (WTI): $71.00
US 10Y Treasury: 4.495%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Bullish news continues for Vertex Protocol, who recently announced plans to be on 25+ chains by the end of the year in their roadmap for 2025!
In addition, @vertex_protocol co-founder @DariusTabai recently appeared on the DeFi Decoded Podcast and discussed all sorts of alfa both general and Vertex-specific!
Check it out via the tweet below or watch it on YouTube by clicking here!
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 chains green on the weekly are Base (#6), Sonic (#24), Kava (#36), and Hyperliquid (#39).
Protocols are mixed today as well. Only top 50 protocols green on the weekly are Royco Protocol (#14), Stargate Finance (#36), Aerodrome (#39), CIAN Protocol (#41), SUN (#42), and Tether Gold (#50).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M 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 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 @DexariDotCom. Twitter bio states “Conquer onchain crypto markets in a mobile trading app built for total freedom & control. Powered by @hyperliquidx Early access now open. Join the waitlist!” Followed by 14 of our mutuals. h/t @AresLabs_xyz:
-Something new called @CharmsDev. Twitter bio states “Enchant Bitcoin with your own spells ✨ Programmable assets on Bitcoin powered by zkVM”. 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) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-Much chatter around a potential @pumpdotfun TGE (token generation event), h/t @Tyler_Did_It and @WuBlockchain:
-Interesting back and forth between @pumpdotfun’s @a1lon9 and @WuBlockchain about whether or not these reports are accurate:
-The Phantom homescreen continues to be the defining image of this cycle, with Dave Portnoy’s entrance into the memecoin trenches generating much attention/criticism/etc over the weekend (see below), h/t @ayyyeandy:
-Berachain launch continues to generate excitement but price action has been somewhat muted, h/t @ahboyash:
-CPI (inflation) data comes out on Wednesday this week, h/t @KobeissiLetter:
-Crypto watchlist for the week ahead c/o @TheDeFinvestor:
-2025 continues to be quite eventful, h/t @thedefivillain:
-Klarna CEO embracing crypto generated much attention yesterday:
-Kaito will apparently update its ‘Yaps’ scoring to attempt to reduce spam and engagement bait according to founder @Punk9277:
-More random alfa bits from @0xGeeGee:
-No more ‘alt season’, no more four year $BTC cycle, and no more ‘L1 premium’ - h/t interesting tweet from Jordi Alexander @gametheorizing:
-Sentiment continues to look bleak despite fundamentals looking stronger than ever, h/t @HighCoinviction:
-New video on everything going on related to airdrops from @KryptoCove:
-New episode of @thebellcurvepod featuring @MikeIppolito_ and @pythianism discussing Tether, Berachain, MicroStrategy, and a bunch of other topics:
-New video from @Dynamo_Patrick “Is crypto cooked?”:
-"The LA Vape Cabal vs. Millennials" - new video from @Unchained_pod (published a couple days ago but we only just saw it):
-Parting wisdom from @cyrilXBT c/o @QuotableCrypto:
Conclusion
Happy Sunday friends! Tomorrow is the start of another big week!
And please RT/subscribe/etc if you found this valuable!
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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.