Happy Thursday friends! 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: $2322.30
Oil (WTI): $77.85
US 10Y Treasury: 4.314%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Important announcement from the team at @zkxprotocol!
Their $ZKX token will be getting listed on KuCoin on June 19th!
As previously-detailed, ZKX is a perps dex on Starknet we’ve been helping raise awareness about with a very cool + unique setup. They feature two exchanges… each tailored for different types of traders... a) OG Trade, which is perfect for short-term traders and scalpers who enjoy an element of gamification, and b) Pro Trade, which caters to more seasoned advanced traders...
Make sure to follow ZKX on Twitter for more updates as well on the $ZKX listing!!!
Biggest TVL Movers + Else
Chains are mostly red again today. Top 30 chains green on all three timelines include Tron (#2), Linea (#14), and TON (#15).
Protocols are mostly green today as well. Top 60 protocols green on all three timelines (daily, weekly, monthly) include Ethena (#11), Solv Protocol (#25), and Ondo Finance (#47).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (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 @StratoVM_. Twitter bio states “DeFi-Focussed Bitcoin Layer-2 Network with low fees and rapid finality. Powered by @BVMNetwork.” Followed by 2 of our mutuals.
-Something new called @wenmarkets. Twitter bio states “The EVM token launchpad inspired by 4chan and the Internet culture. Instantly tradable, unruggable liquidity. Tweets are not financial advice. wen moon, anon?”. Followed by 11 of our mutuals. h/t @DeFiMinty:
-Something new called @playbacknet. Twitter bio states “████ GPT ██ with hands ████████, ███████ zero knowledge █████ ai ███████ decentralized ██████ federated █████ your ████ device ██ to earn █BACK.” Followed by 3 of our mutuals. h/t @DeFiMinty:
-New yield aggregator on ETH Mainnet called @RIZE_Fi has been added to @DefiLlama. Twitter bio states “Earn more, worry less.” Followed by 4 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-The Federal Reserve left interest rates unchanged yesterday and their dot plot came out more hawkish, h/t @WuBlockchain:
-$CRV liquidations of @CurveFinance founder @newmichwill are dominant story of the day, h/t @CoinDesk:
-More info on above and links to relevant wallet addresses c/o @phtevenstrong:
-Inflation data came in slightly below expectations yesterday, h/t @WarrenPies:
-Latest news headlines c/o @0xSalazar:
-Additional headline curation c/o @Cprinze_:
-Interesting data on the top raises so far this year, h/t @TheDeFinvestor:
-@OrderlyNetwork releases their airdrop checker:
-Anticipation/discussion re: upcoming @deBridgeFinance airdrop, h/t @hmalviya9:
-Lots of discussion re: the @tapioca_dao LBP on the TL, h/t @samoa_joes and @o_ponle:
-Interesting tweet re: Telegram x GameFi from @krugermacro:
-Post-FOMC debrief from Joseph Wang @FedGuy12:
-New interview with macro gigbrain Louis-Vincent Gave from WTFinance:
-Parting wisdom c/o @boldleonidas:
Conclusion
Have a great Thursday and stay hypervigilant out there friends!
And please RT/subscribe/etc if you found this valuable!
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Note
Take note good degens! The crew at @vertex_protocol has announced their newest deployment!
Vertex is now live on @0xMantle, providing all Mantle-enjoyers access to 40+ perps and spot markets, utilizing Vertex’s revolutionary new cross-chain liquidity system Edge @EdgeLayer!
As stated in the tweet below:
One Orderbook. Multiple Chains. Instant Liquidity.
And as always Vertex is our Official Sponsor so if you are an active trader then make sure to get started with them now at app.vertexprotocol.com! And make sure to follow them on Twitter for more updates as well!
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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.