Happy Wednesday good degens! 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: $2381.70
Oil (WTI): $81.20
US 10Y Treasury: 4.271%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Are you reading this from ETHcc anon?!? If so make sure to visit the Vertex Protocol x Pudgy Penguins meetup this evening!
It is from 1930-2230 CEST tonight, Wednesday July 10th!
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Visit their site now at app.vertexprotocol.com! And make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mostly green again today. Top 50 chains up at least 50% on the monthly include TON (#10), Scroll (#15), zkLink Nova (#17), Core (#34), Sei (#43), and Bsquared (#44).
Protocols are also quite green today. Top 50 protocols up at least 50% on the monthly include Lista DAO (#45), and Mellow Protocol (#50).
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 Dex’s By 7 Day Volume (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
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 @Blazelayer2. Twitter bio states “The first social protocol on TON.” Followed by 2 of our mutuals. h/t @twindoges:
-Something new called @axonum_io. Twitter bio states “Brain of Ethereum. We enshrine AI into blockchain. Beta testnet on Sepolia now.” Followed by 3 of our mutuals. h/t @twindoges:
-Something new called @Pi_Squared_Pi2. Twitter bio states “Official account for Pi Squared Inc. We are creating the ultimate Universal Settlement Layer.” Followed by 18 of our mutuals. h/t @brave_raf:
-Something new called @friendcardvip. Twitter bio states “📸 + ⛓️ = 👯♀️🃏”. Followed by 32 of our mutuals. h/t @brave_raf:
-Something new called @GTE_XYZ. Twitter bio states “The real-time DEX on MegaETH, w/ CEX-level speed & liquidity. Incubated by @MegaETH_Labs & supported by DeFi's best.” Followed by 5 of our mutuals. h/t @brave_raf:
-Something new called @TonLayerNetwork. Twitter bio states “TonLayer is dedicated to building a high-performance, low-cost, secure, and decentralized EVM on TON, linking the TON and Ethereum ecosystems.” Followed by 5 of our mutuals. h/t @brave_raf:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, no-IL, single-exposure only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-While the overall crypto market has yet to regain its previous cycle high’s, the S&P 500 is up over 28% from where it was when Powell started hiking rates in March 2022:
-Newest CPI (inflation) numbers coming out today:
-Update on Blast from @Tyler_Did_It:
-Update on MetaMask from @Tyler_Did_It:
-Macro thoughts from @LDNCryptoClub:
-Several tweets from @cobie generated massive attention over the last 24 hours:
-97% of ARB holders are currently at a loss, h/t @intotheblock:
-Airdrop alfa c/o @0xadriandefi:
-@azuroprotocol/$AZUR getting a lot of attention on the TL the last couple days, example from @ahboyash below:
-@LidoFinance/$LDO also getting lots of attention the last few days, h/t example from @OuroborosCap8:
-Extremely interesting thread of notes/analysis on Solana memecoin world from @welikejpegs (click to read in full):
-New interview with macro gigabrain @LukeGromen from @menlobear:
-New update on everything airdrop-related from @KryptoCove:
-New update on all things ETH-tech related from @sassal0x:
-Parting wisdom from @o_ponle:
Conclusion
Happy Wednesday good degens and stay hypervigilant out there!
And please RT/subscribe/etc if you found this valuable!
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Note
The team at @silentdao_ is diligently working on some extremely important privacy tech, building what is essentially meant to be a middleware privacy/encryption layer designed to facilitate composable privacy solutions within the EVM itself... so that you can utilize all the same mechanisms and protocols on-chain you normally would, but with built-in privacy protection while you do so!
Our editor @rektdiomedes has been helping raise awareness about what the @silentdao_ team have been building, and their launch is coming soon, so make sure to follow them on Twitter for more updates!
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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.