Happy Thursday good frogs! Lots of stuff going on!
Let’s dive in!
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: $3.42T
Gold: $2690.80
Oil (WTI): $73.93
US 10Y Treasury: 4.665%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
As previously-mentioned, our official sponsor @vertex_protocol is now live on Sonic! (see tweet from Vertex co-founder @DariusTabai below!)
There is a major associated airdrop you can qualify for by exploring the Sonic ecosystem, and Vertex is the best place to do this…
Indeed, Vertex is giving 100% of Sonic ‘Gems’ back to users, so they can fully benefit from the airdrop!
To learn more, check out this thread on the subject that Vertex just released!
And as always- you can trade 60+ perps and spot markets and earn some exquisite yields at app.vertexprotocol.com and get more updates by following them on Twitter as well.
Biggest TVL Movers + Else
Chains are very red again today. Fastest-growing chains on the weekly with at least $1M TVL are Sonic, Acala, and ZKsync Era.
Protocols are also very red today. Fastest-growing protocols on the weekly with at least $1M TVL are RabbitX Fusion, Satoshi Perps, Factor, Yei Finance, and StakeEase.
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 or re-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!)
-Something new called @vity_toolkit. Twitter bio states “Make your agent smarter with just 2 more lines of code. No token currently”. Followed by 7 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $1M+ TVL only) - 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
-The following headline generated much concern + debate over the last 24 hours, h/t @tier10k:
-Precipitous dip in sentiment, h/t @CloutedMind:
-Additional headlines c/o @blocmatesdotcom:
-Excellent bullish overview from @LDNCryptoClub (in response to some bearish comments from @blknoiz06):
-Tickers $ARC, $LLM, and $SWARMS all getting lots of attention on the TL the last couple days, h/t @NPC_68:
-Additional ticker alfa from @sandraaleow:
-Important macro reminder from @fejau_inc that it is nearly impossible to significantly cut US government spending at this point (since the vast majority of it is entitlements, ie Social Security and Medicare):
-Berachain generating attention, h/t @WuBlockchain:
-@ZeMariaMacedo on AI:
-Another interesting AI-related tweet, from @dabit3:
-Important security reminder from @0xngmi in light of the Los Angeles fires:
-New livestream from @blocmatesdotcom featuring Jedi and Toast discussing everything going on in the trenches and broader market:
-New video from @coinbureau:
-New @Blockworks_ video with @fejau_inc interviewing @joemccann:
-Parting encouragement from @cryptoklotz:
Conclusion
Happy Thursday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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Note
Once again good degens, @Cod3xOrg is at the forefront of the AI x crypto synthesis that is revolutionizing the online economy and global financial rails!
We have been helping raise awareness about everything they are rolling out, such as:
-Their fast-growing contributions to the AI Agent space, including their first flagship economic agent on Twitter @BigTonyXBT
-Their stablecoin and associated composable stablecoin infra $cdxUSD
-Their massive contributions to defi infra + tooling
-And much more!
Cod3x is the work of @0xBebis_- who recently released the extremely interesting below article on AI x Crypto… the AI agent meta… and what the future holds in regards to these developments!
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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.