Happy Sunday good 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: $2416.00
Oil (WTI): $82.21
US 10Y Treasury: 4.186%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
As previously mentioned, our friends at @vertex_protocol have a new series of trading competitions taking place on ETH L2 @0xMantle!
There are 5 rounds of six day competitions, with breaks in between, a total prize pool of 100K MNT, and the 50 top traders per round winning a share of 20K MNT each round!
Two of the competitions are already complete and the third is about to be completed, but here is the schedule for the remaining two!
4th Round: 16th July 2024, 12:00 PM UTC - 22nd July 2024, 16:00 PM UTC
5th Round: 23rd July 2024, 12:00 PM UTC - 29th July 2024, 16:00 PM UTC
And as always Vertex is our Official Sponsor so if you are an active trader then make sure to get started with them now and get access to 40+ perps & spot markets on their site at app.vertexprotocol.com!
And follow them on Twitter for more updates as well!
Biggest TVL Movers + Else
Chains are quite green today. Largest gainers on the daily among chains with at least $5M TVL are Neo, Manta, and Proton.
Protocols are quite green today as well. Largest gainers on the daily among protocols with at least $5M TVL are multichain privacy protocol Hinkal, Cardano dex Splash Protocol, and multichain yield protocol VaultCraft.
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 Token-Holders’ Revenue (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (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!)
-New project called @AuroryAI. Twitter bio states “The 1st AI Model Platform for Autonomous On-Chain AI Agents... AI is the end game!” Followed by 4 of our mutuals. h/t @brave_raf:
-New project called @CorrelateFi. Twitter bio states “A hyper efficient multipool swap and liquidity engine for LRTs and correlated assets”. Followed by 5 of our mutuals. h/t @brave_raf:
-Something called @lmaohq. Twitter bio states “The 1st AI Model Platform for Autonomous On-Chain AI Agents... AI is the end game!” Followed by 11 of our mutuals. h/t @brave_raf:
-New/newish lending protocol on Starknet called @vesuxyz has been added to @DefiLlama. Twitter bio states “The Future of Lending on Starknet - Vesu is a modular and permissionless lending protocol allowing anyone to earn, borrow and create markets”. Followed by 9 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, single-exposure, no-IL 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)
-The Trump assassination attempt was the main topic of conversation within crypto over the last 24 hours, with many claiming they learned about it via pumpdotfun or TG groups:
-Polymarket also generated much attention as Trump’s odds surged post-shooting, as did Trump-related memecoins, h/t @CryptoKoryo:
-The Coinbase Premium has returned (suggesting buying pressure from America and generally regarded as bullish), h/t @crypto_condom:
-Bullish thoughts on TA from @BobLoukas:
-Bitcoin-related chart from Willy Woo generating attention:
-@dunleavy89 on potential $ETH reflexivity:
-$MKR generating a lot of attention the last few days, h/t @thedefivillain:
-Interesting poll from @Fiskantes:
-@SantiagoAuFund on the Fed/rates/China/etc:
-$LINK accumulation? h/t @intotheblock:
-Additional headlines from @Cprinze_:
-Weekly macro overview from Joseph Wang @FedGuy12:
-New airdrop video from @KryptoCove:
-New crypto/macro roundtable from @Blockworks_:
-Parting sentiments c/o @santiagoroel:
Conclusion
Happy Sunday friends! 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.