Happy Sunday frogs! Lots of stuff going on!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
[Note: As always all tweets are hyperlinked so just click on them to pull them up on Twitter]
Market Update
Crypto (from @cryptobubbles24):
Gold: $1,919.80
Oil (WTI): $67.64
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mixed today. Biggest gainer on the weekly among top 30 chains is zkSync Era (#16) at +9.20%, and biggest loser is Algorand (#23) at -18.25%.
Protocols are mixed today as well. Biggest gainer on the weekly among top 100 protocols is Lybra Finance (#31) at +45.26%, biggest loser is BendDAO (#79) at -44.13%.
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 NFT Marketplaces By 7 Day Volume (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
-24 hour fee generation info from @DefiLlama:
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 apparently launching on Arbitrum and then a few other chains, called @CruizeFinance. Twitter bio states “Protected yields through the stormy markets of crypto volatility 🛳 🌊”. h/t @cryt0_andrew:
-New project on Arbitrum called @kunjitweets. Twitter bio states “A decentralized crypto asset management platform for the new economy 🪙 | Built on @arbitrum ⛓️”.
-Something new called @wb__network. Twitter bio states “EVM-compatible network that uses the Proof-of-Authority (PoA) consensus. Created by WhiteBIT.”
-New dex on Linea called @horizondex_io. Twitter bio states “HorizonDEX is the First Concentrated Liquidity DEX on @LineaBuild ∎ Testnet is live ∎”.
-New protocol on zkSync called @AevosProtocol. Twitter bio states “@zksync DEX NFT x GAMING x DEFI Tailor-made liquidity infrastructure designed to empower builders and generate tangible yields.”
-Something on Solana that appears to be new(?) called @CloneProtocol. Twitter bio states “Hyper-liquid synthetic assets, powered by our Comet Liquidity System on @Solana. Devnet live now 👉”.
-Something new called @Akmd_finance. Twitter bio states “Archimedes Finance. Zk rollup decentralized spot, perpetual exchange. First fully on-chain copy trading protocol.” h/t @AresLabs_xyz:
-New project on Optimism called @Augusta_finance. Twitter bio states “Supercharge the DeFi ecosystem on the OP Stack @optimismFND , starting with @VelodromeFi 💚 Join us and boost your yield…” h/t @AresLabs_xyz:
Security Alerts
-Several security firms/accounts released alerts on @PolyNetwork2 today, here is one from @lookonchain:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ TVL, single-exposure, no-IL only) 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)
-Interesting article on the Prime Trust situation from @gckaloudis via @CoinDesk:
-There are now over a quarter-billion dollars worth of tokenized securities on the Ethereum blockchain, h/t @SebVentures:
-Tech stocks have absolutely mooned so far this year, h/t @charliebilello:
-Interesting tweet from @spreekaway re: events on Pulse chain:
-Interesting stat from @coingecko showing that something called @Bitbns now has almost an 80% market share among Indian cex’s:
-Google searches for ‘Bitcoin’ still in major bear market territory, h/t @DeFiSurfer808:
-Interesting stats on recent perps dex volumes, from @ThorHartvigsen:
-Latest US and UK @truflation data:
-Lot of talk about impending resumption of student loan payments in US, sample from @dunleavy89 below:
-Observations from @noahseidman:
-Excellent thread of projects to keep an eye on, from @kindahangry:
-New weekly roundup video from @Blockworks_ featuring @JackFarley96 and @MikeIppolito_:
-New interview with the always interesting @balajis from Erik Torenberg:
-Some parting thoughts on coming catalysts from @ViktorDefi:
Conclusion
Happy Sunday frogs! Let’s get after it!
And please RT/subscribe/etc if you found this valuable! :)
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Note
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections 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.