Happy Saturday friends! Lots of stuff going on!
Let’s dive in!
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: $2018.75
Oil (WTI): $78.01
US 10Y Treasury: 4.139%
Stocks ($SPY as proxy): -0.13%
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 are mixed today. Top 50 chains up at least 10% on the weekly include Sui (#12), Near (#31), and ICP (#48).
Protocols are also mixed today. Protocols with at least $50M TVL up at least 50% on the weekly include Kinza Finance, Magpie Ecosystem, and etherfi.
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):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (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!)
-New project called @salty_io. No Twitter bio. Followed by 2 of our mutuals.
-New Injective project called @KageFinance. Twitter bio states “The only trading platform you need in #Injective”. Followed by 4 of our mutuals. h/t @Beacon_Early:
-Something new called @citrea_xyz. Twitter bio states “The first rollup that enhances the capabilities of Bitcoin blockspace with zero-knowledge technology. Incubated by @chainway_xyz”. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-New project called @BlastFutures. Twitter bio states “Blast Futures Exchange: #1 Orderbook Perps DEX with Native Yield. Built for traders. Airdrop coming soon.” Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-New project called @burststake. Twitter bio states “To blast off, we need BURST | Optimized $Blur staking! Earn $BURST by staking $wBLUR.” Followed by 3 of our mutuals.
-New dex on Base called @basex_fi has been added to @DefiLlama. Twitter bio states “Ve(3,3) CLMM DEX built on @base”. Followed by 6 of our mutuals.
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-Important security alert from @Phalcon_xyz re: @CitadelDAO:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $10M+ TVL) 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)
-New Solana airdrop WEN dominated crypto discussions over the last 24 hours:
-Core PCE inflation numbers came in lower yesterday, h/t @charliebilello:
-Next FOMC (Fed interest rate decision) coming on January 31st:
-Bitcoin halving increasingly looks like it could fall on 04/20, h/t @Blockworks_:
-Increasingly positive sentiments re: ETF flows the last couple days, h/t @Arthur_0x for example:
-Story re: OpenSea receiving acquisition offers and potentially being open to the idea is generating attention this morning, h/t @cryptomacro14:
-Latest real-time inflation numbers from @truflation:
-Sui getting more attention as TVL continues to grow, h/t @Dynamo_Defi:
-The Solana bull case c/o @rektmando:
-Interesting tweet from @crypto_condom re: buying @friendtech points ahead of potential airdrop:
-Interesting study of NFT-related ads on Twitter by @PixSorcerer (tl/dr they are all links to drainer sites basically):
-Fascinating debate on future oil prices and the question of ‘peak cheap oil’ between @DoombergT and Adam Rozencwajg hosted by @menlobear:
-New episode of Steady Lads podcast featuring @NorthRockLP as guest:
-New crypto/macro livestream from @noahseidman:
-Parting sentiments c/o @lBattleRhino:
Conclusion
Have a great Saturday friends and don’t forget to touch some grass this weekend!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ section (and ‘Note’ sections and info on our Official Monthly Sponsor if applicable) 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.