Happy Thursday good frogs! 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: $3.75T
Gold: $2746.97
Oil (WTI): $75.74
US 10Y Treasury: 4.656%
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…
-272M $VRTX staked…
-66% of supply…
-7D Redirected Fees of $108,857 $USDC…
-Representing a 45.59% APR!
And this is just the start as Vertex continues expanding to new horizons - such as recent deployments to Sonic and Botanix, as well as the imminent arrival of Vertex liquidity on Berachain via BroTrade - who will be utilizing Vertex’s gigabrain omnichain liquidity infra @EdgeLayer!
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 all red today. Fastest-growing chains on the weekly with at least $10M TVL are aelf, opBNB, and Morph.
Protocols are also red today. Fastest-growing protocols on the weekly with at least $10M TVL are multichain lending protocol Sumer(dot)money, uncategorized Solana protocol Meteora, Arbitrum/Mainnet dex Basin Exchange, aelf dex Awaken Swap, and multichain lending protocol Silo Finance.
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 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 @oshikatsu_co. Twitter bio states “in production | backed by @polychain @superscrypt”. Followed by 14 of our mutuals. h/t @brave_raf:
-Something new called @DeFAICartel. Twitter bio states “DeFAI Venture DAO 💀💀💀”. Followed by 9 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
-Morning headlines from @Tyler_Did_It:
-In addition to throwing out some very high $BTC price targets and openly highlighting the “debasement” of major currencies, BlackRock’s Larry Fink has also made some notable comments about tokenizing stocks and bonds over the last 24 hours:
-If you are a Kaito yapper or staked at least 80 $HYPE you may qualify for the new $ANIME airdrop:
-A free new AI program from a Chinese company, called DeepSeek, is generating massive attention over the last 24 hours:
-@CurveFinance founder @newmichwill weighs in on the Ethereum Foundation issues:
-The emergent ‘Kaito Meta’ continues to evolve at breakneck speed, with a nascent bribe flywheel developing a’la the Curve Wars, h/t @alpha_pls:
-Sonic airdrop is looking to be around $120M total, good thread of yield-maxxing opportunities regarding it from @phtevenstrong:
-Random bits of alfa and interesting potential rabbit holes from @0xGeeGee:
-Bullish macro thoughts on inflation and rate cuts from @LDNCryptoClub:
-Interesting breakdown of Kaito Connect's 21 pre-tge projects by sector, from @zacxbt:
-Reminder to keep your long-term investing stack different than your short-term trading stack, from @DaanCrypto:
-New gem-hunting livestream from @Grantblocmates and @jediblocmates discussing $VINE, $TRUMP, and more:
-New roundtable discussion from @hosseeb and co on @Unchained_pod:
-New overview of extremely popular Solana dex Raydium, from @Dynamo_Patrick:
-If you somehow missed all the hullabaloo about the $TRUMP and $MELANIA coins here is a new roundtable featuring @santiagoroel, @JasonYanowitz, and @MikeIppolito_ discussing everything that happened and the implications:
-Parting crypto-adjacent thoughts from @TheRealEstateG6:
Conclusion
Happy Thursday friends and stay alert out there!
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 a recent article 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.”
Many are diving into the above, such as well-respected defi expert @Ceazor7 (learn more in his tweet below!), so make sure to 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.