Happy Tuesday friends! Lots of stuff going on!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom!
[Note: As always all tweets are hyperlinked so just click on them to pull them up on Twitter!]
Market Update
Crypto (from @CryptoBubbles24):
Gold: $1,961.90
Oil (WTI): $78.45
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are very red today. Only top 30 chains green on both the weekly and monthly are Optimism (#6), MultiversX (#20), and EOS (#22).
Protocols are also very red today. Only top 200 protocols up at least 20% on the weekly are stUSDT (#26), Spark (#127), The Tokenized Bitcoin (#133), and SmarDex (#172).
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 Dex’s By 7 Day Volume (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @LiquiShieldDex. Twitter bio states “Join us in shaping the future of decentralized finance with LiquiShield, providing innovative solutions to tackle rugs and safeguarding your investments. $LiqS”.
-Something new called @SumeroApp. Twitter bio states “Create and trade financial derivatives without a brokerage or clearing house.” h/t @C1aranMurray:
-New trading bot project called @MetricEthereum. Twitter bio states “Empower your Degens with AI-driven contract analysis & real-time token insights. Unlock the crypto market's potential with Metric's advanced data analytics.”
-New protocol on Linea called @NoobysSwap. Twitter bio states “Trade smarter not harder with NooBys Swap build on @lineabuild”.
-New project called @DonutSwapETH. Twitter bio states “#DonutSwap 🍩 is a next-gen community driven #yieldfarming and #AMM on #Ethereum”. h/t @ApeOClock:
Security Alerts
-@Palmswaporg apparently suffered a $900k exploit yesterday:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Lots of discussion around Wednesday’s coming FOMC meeting (Fed rate hike decision):
-Interesting macro chart from @zerohedge:
-$DOGE rising on speculation Elon might incorporate it into Twitter aka ‘X’:
-87% of the S&P 500 stocks now trading above their 50 day moving average:
-Aave, Beefy Finance, and Pancakeswap are all apparently planning to deploy on @LineaBuild, according to this article from @coingecko:
-Alfa c/o @jediblocmates?
-NFT’s continuing to see bearish price action + sentiments:
-Interesting chart re: US housing, c/o @JeffWeniger:
-Extremely well-done thread from @CryptoKoryo analyzing the top performing tokens and narratives of the year:
-Thoughts from @alpha_pls:
-Thoughts from @blockchaingod69:
-Good new macro video from @Blockworks_:
-Crypto news roundup from @coinbureau:
-New macro + crypto livestream from @noahseidman:
-Parting chart + wisdom from @Flowslikeosmo:
Conclusion
Happy Tuesday friends! Stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
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***Note On Material: The ‘Spotlight’ section is the only part of The Daily Degen that is 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.