Happy Monday friends! Prices a bit bleak but feel like we should start pumping again soon!
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: $3.33T
Gold: $2688.30
Oil (WTI): $78.19
US 10Y Treasury: 4.78%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Reminder good degens that our official sponsor @vertex_protocol had an absolutely massive year in 2024 and 2025 is looking even more bullish!!!
2024 saw:
-5 new cross-chain deployments
-$139B in volume
-$14M in net revenue
-Over 1M batched transactions settled seamlessly across ecosystems
-$2M in $USDC interest earned by depositors
-$7M in staking rewards
-And millions in rewards paid to traders across multiple ecosystems!
All of the above is just the start though, and 2025 is poised to be even bigger, with deployments to Sonic (see tweet below re: hardcore Gem-maxxing!), Botanix, and Berachain via Bro Trade (which is using Vertex’s gigabrain omnichain liquidity system @EdgeLayer!)… with many more big announcements on the horizon!!!
Get started trading 60+ perps and spot markets and/or APR-maxxing now at app.vertexprotocol.com and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are very red today. Fastest-growing chains on the weekly with at least $10M TVL are Acala, Corn, and Sonic.
Protocols are also very red today. Fastest-growing protocols on the weekly with at least $10M TVL are uncategorized Arbitrum protocol Factor, uncategorized ETH Mainnet protocol Zoth, Sonic dex SwapX, Acala yield protocol Acala Euphrates, and uncategorized multichain protocol Equalizer.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By 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 @partnersDAO. Twitter bio states “pushing the boundaries of nft x ai innovation. decentralized, dynamic, antifragile.” Followed by 47 of our mutuals. h/t @AresLabs_xyz:
-Something new called @Euphoria_fi. Twitter bio states “Where trading becomes an experience. Don't just believe in something - Feel something ✨ Powered by @megaeth_labs”. Followed by 12 of our mutuals. h/t @AresLabs_xyz:
-Something new called @productdotfun. Twitter bio states “discover 🔍 & launch 🚀 products that both humans & ai agents can use... there is no token yet”. 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 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
-Morning headlines from @Tyler_Did_It:
-More headline curation from @layerggofficial:
-Stocks and crypto suffering as US Dollar keeps surging (update: the DXY hit $110 briefly this morning and is at $109.98 as we type this), h/t @noahseidman:
-$BTC and $ETH funding rates the lowest they’ve been since last August, h/t @DaanCrypto:
-Hopeful historical data from @TheDeFinvestor:
-A number of AI Agent coins are notably down from their recent high’s, h/t @0xMughal:
-Cex spot trading was apparently up 139% from 2023 to 2024, and cex perp trading up 91%, h/t @WuBlockchain:
-@KernProtocol airdrop generating attention (will apparently reward users of Jupiter, Solend, Drift, and Jito among others), h/t @gnarleysol:
-Thoughts from @cobie in wake of the $AICC debates over the last few days:
-Continued focus on Binance listings, h/t @DefiIgnas:
-Macro thoughts from @fejau_inc:
-New video of TA and general market analysis from @DaanCrypto:
-New video going over all sorts of geeky super locked-in crypto stuff going on right now from @0xResearch:
-New @KryptoCove video from a couple days ago that we missed, going over top 2025 airdrop possibilities:
-Parting wisdom from @systems_value:
Conclusion
Happy Monday friends! Stay relentless 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.