Happy Sunday degens! Hope you are having a refreshing weekend as we have another big week ahead of us! :)
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: $1,924.40
Oil (WTI): $73.86
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The Chadish crew at @RodeoFinance keeps releasing updates!
As background, @Rodeo_Finance is a new leveraged yield project we’ve been helping spread the word about…
They are building on top of all the top Arbitrum defi protocols (like Pendle, TraderJoe, etc!), giving discerning farmers the chance to maximize their yields, with leverage, all from a single easy to use UI.
They just released an excellent thread on $xRDO and their Dividend Silos… its all quite gigabrained and we highly encourage you to check it out!
Make sure to check out the yields on all their pools on the Rodeo website as well… and follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Top 30 chains up at least 5% on the monthly include Mixin (#8), Bitcoin (#14), zkSync Era (#15), Rootstock (#21), and Gnosis (#24).
Protocols are mostly green today. Top 100 protocols up at least 20% on the monthly include Compound Finance (#9), Morpho (#23), Alpaca Finance (#45), Pendle (#53), UwU Lend (#74), MatrixDock (#77), Origin Defi (#81), Tranchess (#88), Swell (#94), Magpie Ecosystem (#96), and Mux Protocol (#98).
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 Platforms 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 @ethena_labs. Twitter bio states “// Enabling the Internet Bond_”.
-New project called @waterfall_mkt. Twitter bio states “A trading protocol for rare NFTs with live on-chain pricing.”
-New project called @Root_Genesis launching. DeFi's Operating System. Powered by @LayerZero_Labs…” h/t @CryptoShiro_:
-Something new on Sui called @Aether_Protocol. Twitter bio states “Money market bringing real yield to @SeiNetwork. Secured by @PythNetwork oracles. $SEI $SKYE”. h/t @FarmerTuhao:
Security Alerts
-@PeckShieldAlert released the following alert:
-Another security alert, c/o @BlockSecTeam c/o @Phalcon_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama all types, (minimum $5M+ 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)
-US sovereign debt interest payments looking on track to hit $1T this year:
-Fascinating story c/o @0xgodking c/o @TraversaJulian:
-Apparently record commercial airline flights yesterday, h/t @Andreassteno:
-Oil popping upward a bit and shorts getting unwound, c/o @WarrenPies:
-Interesting macro/demographic map from the US, c/o @cojobrien:
-Some updates on the SEC vs Coinbase stuff via thread from @MetaLawMan:
-Good thread from @ftm_ecologist of info/thoughts/etc on the Multichain hack:
-Very thorough thread from @Flowslikeosmo of projects Coinbase Ventures has invested in this year:
-Renowned macro commentator Zoltan Pozsar is apparently speaking bullishly about Bitcoin:
-Another fantastic thread of liquid-staking stats/updates/news from @KopremesisE:
-Optimistic sentiments c/o @basedkarbon:
-$BTC wunderkind @WClementeIII presented a bunch of interesting Bitcoin stats on @APompliano’s podcast yesterday:
-New interview with legendary natural-resources investor legend Rick Rule for our macro fans:
-Excellent new video discussing all things stablecoins from @blockbytescom featuring @MarkJeffrey, @0xbebis, and @MasonCorval:
-Excellent weekly crypto + macro recap from @Blockworks_’ @MikeIppolito_ and @MarkYusko:
-Parting thoughts/fatalistic wisdom c/o @DegenSpartan:
Conclusion
Happy Sunday good frogs!
And please RT/subscribe/etc if you found this valuable! :)
-
-
Note
Periodic reminder to donate to @DefiLlama if you can do so!
This is not sponsored by them or anything - just like to periodically remind folks of the option to do so as we appreciate the immense amount of free data they provide tremendously!
-
-
-
***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.
-Big losses in bond markets this past week:
a