Happy Monday friends! New month new quarter 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: $2344.00
Oil (WTI): $82.04
US 10Y Treasury: 4.414%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends! Major July trading competitions taking place on @vertex_protocol!
These competitions are on new ETH L2 @0xMantle, which Vertex has recently deployed on!
There are 5 rounds of six day competitions, with one day breaks in between, a total prize pool of 100K MNT, and the 50 top traders winning a share of 20K MNT each round!
The first round competition ends July 1st, and the second round starts on July 2nd, with a new round every week thereafter through the end of July!
>>> Click here to get started with the trading competition now! >>>
And as always Vertex is our Official Sponsor so make sure to get started with them now for stellar yields and 40+ perps & spot markets on their site at app.vertexprotocol.com! And make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are quite green today. Top 50 chains up at least 5% on the daily include Scroll (#18), Near (#27), Stacks (#45), and Sei (#48).
Protocols are also quite green today. Top 100 protocols up at least 5% on the daily include Sanctum (#33), Synthetix (#46), MarginFi (#51), Mellow Protocol (#52), Benqui (#67), Sushi (#69), Solend (#81), and Burrow (#99).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Monthly With At Least $10M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Monthly With At Least $10M 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!)
-Something new called @AbstractChain. Twitter bio states “The blockchain leading the next generation of consumer crypto.” Followed by 81 of our mutuals. h/t @AresLabs_xyz:
-New project called @blinkdotfun. Twitter bio states “Use blinks to engage with users anywhere online | No-code blink creator, blink marketplace, and more 👀”. Followed by 7 of our mutuals. h/t @AresLabs_xyz:
-New project called @Bettensor. Twitter bio states “Global sports prediction on Bittensor.” Followed by 4 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ 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)
-Positive price action this morning seems to be catalyzing a vibe shift, h/t @0xPrismatic:
-Bullish looking $BTC charts generating a lot of attention, h/t @TrendShiftPro:
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-BRETT, KAS, and TON are the top-performing large cap tokens over the last 30 days, h/t @thedefivillain:
-Bullish M2 Money Supply chart c/o @GameofTrades_:
-Ticker watchlist c/o @TheDeFinvestor:
-Blast TVL has declined by 25% since its airdrop took place, h/t @NPC_68:
-Token unlocks info for July c/o @eli5_defi:
-Interesting chart showing that July is historically a strong month for equities, h/t @doppel_ichi:
-Vitalik published a new article, summary below from @WuBlockchain:
-Interesting thread from @wassielawyer:
-Wise words from @defi_gaz:
-New video from the @coinbureau channel of interesting crypto charts:
-Parting encouragement from @cburniske:
Conclusion
Happy Monday and Happy Q3 good frogs! Let’s make it a good one!
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.