Happy Sunday friends!
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: $3.46T
Gold: $2717.40
Oil (WTI): $76.57
US 10Y Treasury: 4.763%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
As previously mentioned, @vertex_protocol is coming to Berachain!
This is via @brotrade_DEX - who will be using Vertex’s gigabrain omnichain liquidity infra @EdgeLayer to provide perps trading on the honey-drenched Berachain environs!
See more via the tweet from Vertex co-founder @Darius Tabai below!
And get the full breakdown from 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. Top 50 chains up at least 20% on the monthly include Bitcoin (#4), Hyperliquid (#9), Zircuit (#15), and ZKsync Era (#33).
Protocols are mixed today as well. Top 50 protocols up at least 20% on the monthly include Babylon (#10), Morpho (#12), Hyperliquid (#26), Hashnote USYC (#30), and StakeStone (#46).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $100M 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!)
-New project called @HyperdeltaX. Twitter bio states “Building options on @HyperliquidX”. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-New project called @0xyieldstream. Twitter bio states “sovereign yield infrastructure”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-New project called @vybedotlol. Twitter bio states “Bet on yourself.” Followed by 5 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 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
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Global liquidity declines continue to negatively affect asset prices, h/t @Schuldensuehner:
-Market check-in from @DaanCrypto:
-The $AICC situation continues to dominate the TL:
-@alpha_pls on the above:
-Airdrop check-in from @OlimpioCrypto:
-Ticker headlines from @TheDeFinvestor:
-Interesting stat regarding $ZEREBRO being down 10 days in a row since receiving a Binance perps listing, h/t @DegenerateNews:
-Interesting article on token launches in light of the $AICC scandal, from @gametheorizing:
-Cycle thoughts from @crypthoem:
-Cycle thoughts from @wronguser000:
-Interview with Jordi Alexander @gametheorizing from the @coinbureau channel:
-New interview with @hosseeb from @KevinWSHPod:
-Parting wisdom from @DeFi_Dad:
Conclusion
Have a great Sunday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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Note
The team at @silentdao_ continues building hard to create the premier middleware privacy infrastructure for defi!
To quote their new article:
“Our vision is to enable a secure, anonymous, computational access layer.
And this is made up of two components:
-A secure value transfer layer
-An architecture that enables us to interact with an application privately”
Learn more from their new article by clicking 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.