Happy Friday good frogs! Lots of stuff going on!
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: $3.79T
Gold: $2747.70
Oil (WTI): $78.03
US 10Y Treasury: 4.603%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
$VRTX-stakers on @vertex_protocol are continuing to earn hearty double-digit yields!
Currently the stats are…
-270M $VRTX staked…
-66.12% of supply…
-7D ‘RealYield’ of $85,404 $USDC…
-Representing a 38.06% APR!
And… in addition… $VRTX-stakers also benefit from the $VRTX-buyback-and-burn program!
Get started staking $VRTX now at https://app.vertexprotocol.com/staking!
And begin trading 60+ perps and spot markets at app.vertexprotocol.com as well, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are quite green again today. Only top 25 chains not green on the weekly are Sui (#8), and Blast (#21).
Protocols are also quite green today. Only top 50 protocols not green on the weekly are Usual (#33), and Hashnote USYC (#34).
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 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 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 @metropolislol. Twitter bio states “we're metropolis(dot)lol 🌆” Followed by 7 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $20M+ 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
-@phantom wallet announced a Series C raise of $150M at a $3B valuation - interesting stats below regarding their current market share too, from Sequoia’s @andrew__reed:
-@blknoiz06 on the above-noted @phantom raise:
-$BTC check-in from @DaanCrypto:
-Quick morning headline curation, h/t @layerggofficial:
-AI Agents check-in from @Tyler_Did_It:
-Altcoin Speculation Index indicator sitting pretty low currently, h/t @TheDeFinvestor:
-@Orbiter_Finance airdrop - we haven’t seen any mass-checkers pop up yet but will include if we do - h/t @0xGeeGee:
-Trump’s Treasury Secretary nominee Scott Bessent testified before congress yesterday and it appears he will be confirmed with no problems:
-Increasing discussion of potential crypto IPO’s, h/t @santiagoroel:
-Interesting contrarian bull case on Sam Altman’s Worldcoin and Worldchain from @redphonecrypto:
-Additional crypto headlines from @TheDeFinvestor:
-Lot of AI tokens down substantially vs BTC since their early 2024 high’s, h/t @ThorHartvigsen:
-New crypto/macro discussion from @thebellcurvepod featuring @im_manderson, @MikeIppolito_, and @pythianism:
-New Q&A video from macro gigabrain @LukeGromen:
-New weekly rollup from @BanklessHQ:
-Parting sentiments from @blknoiz06:
Conclusion
Have a great Friday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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Note
As we’ve previously highlighted, @Cod3xOrg has been at the forefront of the AI x Crypto synthesis since before it even emerged as a dominant meta, shipping the very first Crypto x AI app on the ChatGPT Store way back in 2023!
And today, as popular opinion catches up with the surging Crypto<>AI revolution, they continue to build at the tip of the spear within it…
As noted in the article below by @0xBebis_:
“I believe that the first truly agentic economy to scale will have a significant advantage over its counterparts, capable of coordinating larger actions and netting a premium for its services. With enough mass and training, the average user will need to make a choice: join the swarm or lose against it.
One day, we see a world where these agentic swarms will be one of the primary ways human beings collectivize and engage with markets. Whether trading, generating yield, or doing taxes - expect to be delegating more and more of your personal finances to an agent.”
Read the article in full via the tweet below to find out more about what the team is building, stay tuned for more updates as we continue to bang the drum about their work, and follow Bebis, Cod3x, and their first flagship agent @BigTonyXBT 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.