Happy Thursday good degens! Tons of stuff going on!
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: $3.67T
Gold: $2753.80
Oil (WTI): $78.68
US 10Y Treasury: 4.615%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends! The @TimeswapLabs community round is about to take place!
“Like Uniswap, but for lending & borrowing”…
“Permissionless DeFi infrastructure for capturing the time value of any asset…”
“Timeswap V3 will be the end game for capturing the time value of any asset. V3 will enable the most capital-efficient fixed-term markets (money market, yield trading, options, utility renting, etc.) for any token under a shared liquidity…”
ROUND DETAILS
- Where: Fjord Foundry, Arbitrum
- When: 1. Whitelist (17/01/2025), 2. Public (18/01/2025)
- Terms: $2mn raise at $20mn FDV, no vesting
- Mechanisms: Fixed price sale, with rollover from whitelist to public round
- TIME will TGE on Hyperliquid spot.
We’ve been helping raise awareness about Timeswap while they have built up their groundbreaking tech over the last couple years, so make sure to learn more about the Community Round below and follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are quite green today. Fastest-growing chains on the weekly with at least $1M TVL are Corn, Sonic, and Polynomial.
Protocols are also quite green. Fastest-growing protocols on the weekly with at least $1M TVL are uncategorized ETH Mainnet protocol Zoth, Sora yield protocol Ceres Demeter, multichain EVM options protocol Jasper Vault, Fantom lending protocol Scream, and multichain EVM leveraged farming protocol Loop.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-$SOL is back over $200 friends! It also just leapfrogged $BNB to become the fourth largest crypto token by market cap! Do you think its about to start a run higher?!? Express your thesis via spot or leverage now with Vertex and access 50+ other markets as well at app.vertexprotocol.com!
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 @HyperstableX. Twitter bio states “Next gen stablecoin launching on #HyperEVM”. Followed by 20 of our mutuals.
-New dex on Ink Chain called @squidswap_ink has been added to @DefiLlama. Twitter bio states “Swap, launch, and lock on Ink!” Followed by 3 of our mutuals.
-New dex on Sonic called @AurumFi_Sonic has been added to @DefiLlama. Twitter bio states “The gold standard for decentralized lending and borrowing”. Followed by 1 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ 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
-Newest round of Jupiter airdrops has arrived, wallet checker below c/o @OlimpioCrypto:
-Quick headline curation from @layerggofficial:
-AI Agent coins bouncing, h/t @NPC_68:
-Market thoughts/analysis from @DaanCrypto:
-Comments from Fed’s Waller catalyzing lots of discussion around interest rates, h/t @WarrenPies and @NickTimiraos:
-Trump keeps making extraordinarily positive/bullish comments in regards to crypto, h/t @EffortCapital:
-Potential projects to check out more, h/t @systems_value:
-Interesting macro data on government spending as % of gdp:
-Excellent overview of the AI Agent landscape, from @tzedonn:
-Another similar overview from @defi_mochi:
-Bullish sentiments from @gammichan:
-New livestream of trench-maxxing, gem-hunting, and general market thoughts from @Grantblocmates and @jediblocmates from @blockmatesdotcom:
-New video on everything crypto ETF’s with @JSeyff from @Blockworks_:
-New ‘State Of Ethereum’ roundtable discussion from @0xResearch:
-New interview with macro gigabrain @LukeGromen:
-New @RaoulGMI appearance on @notthreadguy livestream:
-New roundtable discussion from @theempirepod:
-Parting thoughts from @notthreadguy:
Conclusion
Have a great Thursday friends and stay alert out there!
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.