Happy Friday 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: $3.43T
Gold: $2731.90
Oil (WTI): $76.53
US 10Y Treasury: 4.745%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Big things are happening friends! @vertex_protocol is coming to 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:
“As Berachain prepares to go live, bro.trade will be among the first platforms to harness its high-performance Proof-of-Liquidity (PoL) consensus mechanism, integrating Vertex's cutting-edge backend technology. This move will empower traders with seamless execution, robust liquidity, and unparalleled scalability, establishing bro.trade as a premier perpetual futures trading platform on Berachain.”
To learn more, check out the below tweets or this recent piece from @brotrade_DEX!
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. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Sui (#8), and ZKsyncEra (#34).
Protocols are also mixed today. Top 50 protocols green on all three timelines (daily, weekly, monthly) include Avalon Labs (#25), Fluid (#46), and StakeStone (#47).
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 Fee 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 @PillarRWA. Twitter bio states “Pillar Finance: DeFAI and Real World Assets powered by Digital Precision!” Followed by 16 of our mutuals. h/t @0xRetardio:
-New/newish dex on SwellChain called @NepFinance has been added to @DefiLlama. Twitter bio states “Serving all #DeFi needs in one streamlined protocol. Powered by @swellnetworkio”. Followed by 2 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $20M+ 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
-Market thoughts from @DaanCrypto:
-Binance listing of $AIXBT generating much attention, h/t @osf_rekt:
-Much debate about the ongoing $USDO situation, h/t @StaniKulechov:
-Jobs numbers latest macro variable pushing markets down, h/t @dunleavy89:
-@DylanLeClair_ on the macro and recent bond market craziness:
-@cburniske on the macro:
-@BillBarrX on the macro:
-Additional headlines from @blocmatesdotcom:
-Defi headlines/alfa from @TheDeFinvestor:
-Interesting Grayscale info from @WuBlockchain:
-Wise thoughts from @0xPrismatic:
-New episode of @thebellcurvepod featuring @pythianism, @MikeIppolito_, and @im_manderson going over everything happening in crypto and macro:
-New video on Griffain from @sandraaleow:
-New video on Pudgy Penguins from the @coinbureau channel:
-Parting wisdom from @defi_naly:
Conclusion
Have a good Friday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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Note
We have been helping spread the word about what the team at @silentdao_ is building… and their long hard work is finally moving towards fruition!
Once again, Silent is building…
“…a compliant, composable, highly efficinet, scalable, performant and modular privacy system with the vision to create an anonymous computational access layer….”
This utilizes their custom EZEE framework:
“…EZEE, or Economical Zero Knowledge Execution Environment, as the name suggests, allows users to create a framework that lets users interact with blockchain applications privately and efficiently by separating private account data from public transactions while allowing applications to work together seamlessly....”
Learn more from their new article (also linked in the tweet below!) and make sure to follow them 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.