The Daily Degen - June 16th, 2025

All of today's news/data/alerts...

Jun 16, 2025

Happy Monday friends! Another big week ahead of us!

Let’s dive in!

As always… 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 @CryptoBubbles):

Total Crypto Market Cap: $3.49T

QQQ (Nasdaq 100): $534.02

Gold: $3,397.85

Oil (WTI): $71.51

US 10Y Treasury: 4.422%

Biggest Price Movers

(From @coingecko top 1000, by 24 hour change)

Spotlight

Take note $HYPE-enjoyoors! Our Official Sponsor @upshift_fi just announced a very cool related partnership with @Okto_wallet from @okto_web3 to further their ability to serve the HyperEVM ecosystem!

“We have partnered with @okto_web3 to integrate Upshift HyperEVM vaults. Okto is Hyperliquid's first native wallet. To celebrate, all Upshift $HYPE or $uBTC deposits via Okto Hypezone will receive 10x points until 27 June…”

According to @DefiLlama, Upshift is currently ranked #8 on Hyperliquid L1 by TVL, and they have seen massive interest in their Hyperbeat Ultra HYPE Vault, which gives depositors access to 5+ different HyperEVM airdrop opportunities!

Make sure to follow Upshift on Twitter for more updates, visit their site to access all the exquisite yields they have available, learn more about the new Okto partnership in the thread quote-tweeted by Upshift co-founder @aya_kantor below, and check out the recent interview she did below that!

Biggest TVL Movers + Other Interesting Data

Chains are mostly green today. Top 25 chains up at least 10% on the weekly include Hyperliquid L1 (#8), Unichain (#15), and Hemi (#22).

Protocols are also mostly green. Top 50 protocols up at least 10% on the weekly include Veda (#13), and Euler and Euler DAO (#37 and #41, respectively - not sure the difference in what the two entries are measuring).

Here’s The Top 12 Best-Performing Chains By TVL On The Weekly With At Least $50M TVL: (from @DefiLlama):

Here’s The Top 12 Best-Performing Protocols By TVL On The Weekly With At Least $50M TVL: (from @DefiLlama):

Here’s The Top 10 Entities By 24 Hour Fee Generation (from @DefiLlama):

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

New Projects

(note: this includes new projects we find through combing Twitter each day and going through newly launched protocols added by @DefiLlama, limited primarily to new projects that have at least some TVL or are followed by at least some of our mutuals… Disclaimer: these are not pre-vetted by us so make sure to DYOR!)

-The new project that generated lots of headlines yesterday @byreal_io. Twitter bio states “The ultimate liquidity layer built for real assets. Incubated by @Bybit_Official”. Followed by 88 of our mutuals. h/t @benbybit:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $5M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)

Important News And Analysis

-$HYPE/Hyperliquid is in price discovery and $BTC is hovering just a little bit beneath ATH’s:

-Also big news about Tron potentially going public and Eric Trump involvement, but the details still seem a little unclear as we publish this, h/t @Cointelegraph:

-Lot of discussion about Cardano founder Charles Hoskinson talking about converting 5-10% of Cardano’s treasury into Bitcoin, h/t @coinbureau:

-Interesting fact from @crypto_condom that Circle now has a market cap over half the size of their total circulating $USDC:

-Will $MSTR/Saylor get included in the S&P 500 and start receiving massive amounts of passive flows? (note: there is some good debate/discussion about this in the comments and whether this can happen and when that might be if you are curious), h/t @thedefivillain:

-New college grads in the US are increasingly having trouble finding jobs due to AI (and the general flattening of the global online economy, we would add), h/t @JasonYanowitz:

-Will the Hyperliquid ascendance ever slow down? h/t @sjdedic:

-Interesting note from @burstingbagel about Base flashblocks upgrade:

-Car insurance costs have gone up 84% in the last 5 years in the US (for comparison, official inflation has gone up 25% in that time, and the US stock market and gold are up closer to 100%), h/t @charlibilello:

-Reminder that @JupiterExchange has added a Solana-wide portfolio tracker (via acquiring @SonarWatch) similar to what DeBank provides for EVM chains, h/t @TheDeFinvestor:

-Much attention on the impending PumpFun token launch/sale/airdrop(?) - good breakdown below from @ahboyash (click to read in full):

-New video from @theempirepod interviewing @ShiliangTang and @joshua_j_lim:

-New video from @DaanCrypto of TA and general market analysis (just aired this morning):

-New livestream from the @coinbureau channel (just aired a couple hours ago):

-New macro video from @AndreasSteno and @RosenvoldGeo (just published an hour ago):

-New crypto/macro livestream from @noahseidman (airing live as we publish this):

-Parting enthusiasm from @ayyyeandy:

Conclusion

Happy Monday friends! Stay hypervigilant out there!

And please RT/subscribe/etc if you found this valuable!

Note

The team at @maplefinance continues to rack up W’s… hiting $2B in TVL/AUM last week, announcing their new partnership with Cantor, as well as their expansion to Solana, a host of huge new defi integrations, and more!

This is just the beginning though, and Maple has huge things in store for the rest of this year and beyond…

Make sure to follow Maple on Twitter for more updates, and check out co-founder @SyrupSid’s recent interview with the great @CurveCap from @leviathan_news below!

***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official 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.