Happy Friday degens! Let’s get after it!
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: $2401.90
Oil (WTI): $83.30
US 10Y Treasury: 4.201%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Visit their site now at app.vertexprotocol.com for the above-noted opportunities and 40+ perps and spot markets and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed to green today. Fastest-growing chains on the weekly with at least $5M TVL are Core, Onus, and Immutable zkEVM.
Protocols are mostly green today. Fastest-growing protocols on the weekly with at least $5M TVL are ETH Mainnet yield protocol Napier Finance, Cardano lending protocol Optim Finance, and BSC/ETH Mainnet farm Astherus.
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 Fee Generation (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!)
-New project called @SpiceProtocol. Twitter bio states “You are early.” Followed by 8 of our mutuals. h/t @TweetByGerald:
-Something new called @bit2net. Twitter bio states “The L2 with native yield for your Bitcoin. Coming soon 👀” Followed by 7 of our mutuals. h/t @TweetByGerald:
-Something new called @ethos_network. Twitter bio states “Reputation and credibility, onchain. Summer 24”. Followed by 49 of our mutuals. h/t @brave_raf:
-Something new called @Reflect_rfl. Twitter bio states “Synthetics on @base”. Followed by 4 of our mutuals. h/t @brave_raf:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Security alert from @0xngmi:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Inflation data comes in below expectations, h/t @KobeissiLetter:
-Gold now over $2400, h/t @intocryptoverse:
-News/ticker alfa from @0xSalazar:
-Interesting stat from @thedefivillain that total market cap of all ETH L2’s is 3.4% that of $ETH, while FDV is 10% of $ETH:
-@pumpdotfun closing in on $60M lifetime revenue, h/t @0xngmi:
-Info on some of the top outperformers this week, h/t @DeFiMinty:
-Fantastic thread/analysis re: trending DexScreener tokens from @welikejepegs (including two tweets below but click to read entire thread):
-Fascinating story re: crypto + AI, h/t @Tyler_Did_It:
-Price of $FRIEND down dramatically, h/t @alpha_pls:
-Bullish sentiments from @LDNCryptoClub:
-Newest edition of NFA Live:
-New Q&A video from macro gigabrain @LukeGromen:
-New interview with Synthetix founder @kaiynne:
-New macro interview with Mike Green @profplum99:
-Newest video on everything airdrop-related from @KryptoCove:
-Parting wisdom c/o @MikeIppolito_:
Conclusion
Have a great Friday good degens and stay alert 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, and follow them on Twitter for more updates!
And make sure to check out their latest article below!
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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.