Happy Sunday degens!
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: $2047.30
Oil (WTI): $73.81
US 10Y Treasury: 4.051%
Stocks ($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 are mostly green today. Biggest gainer on the weekly among top 30 chains is Manta (#11) at +28.69%, and biggest loser is Fusion (#30) at -35.84%.
Protocols are also mostly green today. Biggest gainer on the weekly among top 100 chains is LayerBank (#48) at +24.80%, and biggest loser is Chainge Finance (#88) at -35.83%.
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!)
-New project called @BefiLabs. Twitter bio states “₿RC20 Trading Terminal functional with your favorite crypto wallets⚡️”
-New project called @baseblockdex. Twitter bio states “Perpetual DEX Aggregator coming soon #DeFi”. h/t @twindoges:
-New dex on @Blast_L2 called @ProtocolRing. Twitter bio states “First DEX on @Blast_L2 with groundbreaking features working seamlessly with Blast, supporting native yield.” h/t @twindoges:
-Something new on Metis called @0xMetLab. Twitter bio states “Metis native yield bearing borrow markets. Explore advanced yield strategies that we cook at MetLab🧑🍳💎”. h/t @AresLabs_xyz:
-Something new called @nubit_org. Twitter bio states “The First Bitcoin-Native Data Availability Layer”. h/t @AresLabs_xyz:
-New multichain bridge called @ArchonFinance has been added to @DefiLlama. Twitter bio states “We specialize in building Web3 solutions and delivering MVPs with speed and efficiency.”
Security Alerts
-Some kind of incident happened with MangoFarm on Solana and wallets being drained, h/t @tayvano:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, single-exposure, and 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)
-Bitcoin chart going into ETF week, h/t @blockgraze:
-Open interest starting to creep back up, h/t @DaanCrypto:
-Lot of talk about Fed QT slowdown in macro circles:
-Interesting macro stat from @WarrenPies:
-Fascinating stat re: bribes for PayPal’s stablecoin on Curve/Convex, h/t @0xAlunara:
-Interesting thoughts/exchange on blockchain tech from @0xngmi and @aeyakovenko:
-Ongoing story about container ships and Yemen is getting a lot of attention:
-Good thread on the above from @biancoresearch:
-Very thorough Cosmos ecosystem staking walkthrough from @wacy_time1:
-Thoughts from @cryptofishx:
-Related thoughts from @jake_pahor:
-Weekly macro overview/thoughts from Joseph Wang @FedGuy12:
-Another new project breakdown from @ceazor7:
-New video guide to staking TIA from @Dynamo_Patrick:
-Weekly macro + crypto discussion between @MarkYusko and @MikeIppolito_ on @Blockworks_:
-Parting wisdom from @wealthwhizkid c/o @QuotableCrypto:
Conclusion
Happy Sunday good frogs! Big week ahead of us!
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.