Happy Friday degens! Been quite a week and lots still going on!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Market Update
Crypto (from @cryptobubbles24):
Gold: $1,957.70
Oil (WTI): $70.55
Stocks (from @News4Moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Silent Protocol @silentdao_ is a very cool new privacy-focused project with some extremely ambitious plans…
Rather than a standalone chain or a mixer, the idea is to create a privacy-preserving service one can actually use to interact with defi protocols privately on a variety of EVM chains.
Our esteemed editor @rektdiomedes has been helping @silentdao_ with some ambassadooring, so make sure to follow them on Twitter and check out their latest announcement below re: their integration with Olympus DAO!
Biggest TVL Movers + Else
Chains are mixed today. Only top 30 chains green on the monthly are Fusion (#16), zkSync Era (#17), and Gnosis (#25).
Protocols are mostly green today. Top 100 protocols green on all three timelines (daily, weekly, monthly) include Ondo Finance (#46), Conic Finance (#53), Pendle (#61), RealT (#68), UwU Lend (#79), MatrixDock (#81), and Tranchess (#87).
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 @NablaFi. Twitter bio states “AMM with single-sided LPing and oracle-guided pricing. Nabla brings deep liquidity to crypto & real-world assets.”
-Something new called @KiloEx_perp. Twitter bio states “Next generation perp DEX. Lightning-fast trades,risk-neutral positions and LP-friendly solutions |BN🔸MVB VI”.
-Something new called @Cipherterminal. Twitter bio states “Enter the cipher.”
-New protocol on Arbitrum called @ext_lsd has been added to @DefiLlama. Twitter bio states “The world's first LSD Liquidity Layer. Our vision is to unlock liquidity for LSD holders and explore more LSD trading scenarios.”
-Previously-mentioned @BasiliskOrg has been added to @DefiLlama. Again, Twitter bio states “Basilisk is an open lending & borrowing DeFi protocol built on zkSync.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ 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)
-BlackRock filing for a spot Bitcoin ETF dominated crypto discussions yesterday:
-Celsius will apparently be selling $215M worth of alts for $BTC and $ETH starting July 1st:
-$DAI has flipped $BUSD to become the third largest stablecoin by market cap, h/t @tomwanhh:
-Interesting story re: Coinbase repurchasing its own commercial paper, h/t @yugacohler:
-Some interesting data re: $ETH c/o @zerototom:
-Interesting data on commodity price changes over the last year, from @charliebilello:
-Random alfa from @0xngmi?
-$FXS alfa from @OuroborosCap8?
-Extremely well-done thread on how to use Etherscan from @crypthoem:
-New Macro Voices interview with macro expert and defi enthusiast Jim Bianco @BiancoResearch:
-Bear market sentiments c/o @thedefiedge:
-Parting wisdom from @santiagoroel:
Conclusion
Happy Friday lads and ladettes!
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.