The Daily Degen- January 3rd, 2024
All of today's news/data/alerts...
Happy Wednesday friends! Quite the price crash this morning!
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 @CryptoBubbles):
Gold: $2054.00
Oil (WTI): $71.10
US 10Y Treasury: 3.984%
Stocks ($SPY as proxy): -0.56%
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 quite red today. Top 50 chains red on all three timelines (daily, weekly, monthly) include EOS (#32), and Klaytn (#34).
Protocols are quite red today as well. Top 100 protocols red on all three timelines (daily, weekly, monthly) include Radiant (#48), Pendle (#52), Ondo Finance (#68), and Chainge Finance (#98).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: this one has a minimum TVL filter so only includes projects with at least $1M TVL):
Here’s The Top 12 Entities By 24 Hour Fee 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 new on @berachain called @ApiologyDAO. Twitter bio states “DAO at da heart of @berachain 🐻⛓️ own da bees of production 🐝 super charged honeycomb deployed in berafi fat bera thesis flywheel 💼 Incubated by @0xhoneyjar”. h/t @twindoges:
-Something new called @IgniteFi_. Twitter bio states “An ecosystem-focused and community-driven DEX built on @Blast_L2”. h/t @twindoges:
-Something new called @OndoFoundation. Twitter bio states “A New Era of Financial Inclusivity, Onchain”. h/t @toffee248:
Security Alerts
-@RDNTCapital suffered an exploit:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ 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)
-Crypto prices saw a massive flash-crash this morning, h/t @coingecko and @boldleonidas:
-Many blaming the liquidation cascade on a disputed report from a news source called Matrixport that the ETF’s would be denied, h/t @HsakaTrades:
-@dymension announced an airdrop over the last 24 hours that has been generating much attention, h/t @_zkmike for a brief synopsis of various qualifying criteria and @asxn_r for a good thread on @dymension and the airdrop:
-Also some discussion over the fact that Pudgy Penguin owners and other NFT communities were specifically allocated in the airdrop, h/t @ChartSimpson:
-Some additional airdrop + defi + NFT headlines from @Tyler_Did_It:
-@MakerDAO is apparently redenominating and rebranding, h/t @pythianism:
-@CurveFinance is apparently planning on deploying $crvUSD borrowing to Arbitrum, h/t @0xCha0s:
-Bitcoin continuing to generate massive fees and NFT sales, h/t @QwQiao:
-Number of discussions over last 24 hours like the below re: various ETF’s and mutual funds potentially allocating into the (presumed) Bitcoin ETF’s:
-Extremely good article (and shorter condensed thread) of thoughts on 2024 from @alpha_pls:
-Another extremely good 2024 thoughts/predictions thread from @ChainLinkGod:
-Trading/investing thoughts from @0xjaypeg:
-New @Lightspeedpodhq with@blknoiz06 and@joemccann:
-New 2024 Predictions video from @theempirepod featuring @santiagoroel and @JasonYanowitz:
-Parting wisdom c/o @redphonecrypto from his new ‘69 Dreams And Delusions’ work for 2024 (click to his profile on Twitter to find link in pinned tweet):
Conclusion
Happy Wednesday friends! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
-
-
-
-
***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.