Happy New Year degens! Let’s get after it!!!
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 @CryptoBubbles24):
Gold: $2071.80
Oil (WTI): $71.65
US 10Y Treasury: 3.866%
Stocks ($SPY as proxy): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Lots of exciting stuff happening with @silentdao_ friends!
Our editor @rektdiomedes has been helping bang the drum about what the gents at @silentdao_ have been building, and things are starting to heat up to say the least!
Once again, Silent is middle-ware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself... Make sure to follow the official @silentdao_ Twitter account so you don’t miss any important updates! ;)
Biggest TVL Movers + Else
Chains mostly red today. Fastest-growing chains on the daily with at least $20M TVL are Telos, ICP, and Scroll.
Protocols are mostly red today as well. Fastest-growing protocols on the daily with at least $10M TVL are multichain derivatives protocol KiloEx, Filecoin liquid-staking protocol HashKing, and Filecoin liquid-staking protocol MineFi.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Top Trending Tokens (from @dexscreener, 24 hour timeframe):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something called @readme_media followed by quite a few of our mutuals. Twitter bio states “Pen to profit. Decentralized encyclopedia, where knowledge meets earnings. $READ fair launch: January 3, 2024.” h/t @CryptoNikyous:
-New project called @WhalesMarket. Twitter bio states “🌂🐳 Decentralized OTC trading platform for airdrop allocations & any token on 💜 @Solana…” h/t @twindoges:
-New project called @LoanifyCoin. Twitter bio states “Loanify ensures trust with a secure escrow system in its P2P lending, fostering reliability for both lenders and borrowers.” h/t @twindoges:
-New GambleFi chain(?) called @squirtchain. Twitter bio states “EVM Compatible Chain, That Squirts”. h/t @twindoges:
Security Alerts
-@Orbit_Chain was exploited today:
-Repercussions of the above also apparently affected @synthetix_io $SNX-stakers, thread on subject from Synthetix founder @kaiynne below:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, single-exposure, no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Macro schedule for the week ahead, c/o @KobeissiLetter:
-$TRB dominated crypto discussions today, h/t @lookonchain and @2laxar:
-Some ticker notes for week ahead c/o @TheDeFinvestor:
-Current Fed rate cut expectations for the new year, h/t @CharlieBilello:
-Some unlocks data from @WuBlockchain:
-Much-anticipated @JupiterExchange airdrop apparently coming later this month, h/t @BoredTrader10:
-Tokenized public securities (primarily US bonds) went from $0 to $500M in 2023:
-(Related) bullish thoughts from @AustinBarack:
-Good thread from @Rightsideonly on areas + projects to watch in 2024:
-Extremely in-depth thread from @wist_defi full of charts/data/tickers/narratives to watch in 2024, sample from beginning of it below:
-Wholesome thoughts c/o @Route2FI:
-Ongoing livestream from @banklessHQ on ‘ETH in 2024’ featuring @gametheorizing, @MikeIppolito_, and @sassal0x:
-New macro interview with O&G gigabrain @Josh_Young_1 on prospects for oil in 2024:
-New ‘Beginners Guide To Using Solana’ video from @Dynamo_Patrick:
-Parting wisdom c/o @brian_armstrong c/o @Suhail:
Conclusion
Happy Monday friends and Happy 2024! Let’s make this year a glorious one!
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 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.