The Daily Degen - June 17th, 2025

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

Jun 17, 2025

Happy Tuesday good degens! Lots of stuff going on!

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: $3.38T

QQQ (Nasdaq 100): $532.25

Gold: $3,378.54

Oil (WTI): $73.72

US 10Y Treasury: 4.42%

Biggest Price Movers

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

Spotlight

The absolute gigabrain crew at @GammaSwapLabs is getting ready to roll out their new Yield Token tech, which looks set to be one of the most consequential new defi primitives of the year!

The new rollout is generating massive attention, and could very well transform the entire on-chain landscape vis a vis dex’s and liquidity-provisioning…

As our friend @crypto_linn just summed up in this tweet:

“everyone built on Uni v3… no one solved its biggest flaw… Gamma just did… this is the first real hedge for concentrated liquidity…

gETH gives you…
- delta-neutral ETH exposure
- 15–25% APR
- no IL
- fully automated
- fully composable
- fully onchain

under the hood:
- uni v3 LP (±50% range)
- perp long ETH
- short v2 LP to cancel out IL”

This is going to radically advance the world of dex’s and on-chain liquidity and become an extremely important new defi lego, and we are hugely excited to be banging the drum about it, so make sure check out the below infographic to learn more, and follow GammaSwap on Twitter for more updates!

Biggest TVL Movers + Other Interesting Data

Chains are mixed today. Best-performing top 25 chain on the weekly is Hemi (#22) at +21.35%.

Protocols are also mixed. Best-performing top 25 protocol on the weekly is Veda (#23) at +39.44%.

Here’s The Top 12 Best-Performing Chains By TVL On The Weekly With At Least $100M TVL: (from @DefiLlama):

Here’s The Top 12 Best-Performing Protocols By TVL On The Weekly With At Least $100M TVL: (from @DefiLlama):

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

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

Top Yield Opportunities

(Note! This section is brought to you by our Official Sponsor @upshift_fi! We will include some of their top yield opportunities below as well some of the top ones from sorting on @DefiLlama (single-exposure, no-IL, $25M+ TVL) - note: the DefiLlama ones are just pulled from the raw data, so make sure to always DYOR!)

-25.00% APY on Injective USDT strategy - managed by MNNC Group - with additional 5x Bonus Points - via Upshift (click here)

-24.00% APY on Sylva concentrated liquidity strategy - managed by Sylva(dot)money - with additional 5x Bonus Points - via Upshift (click here)

-15.00% APY on the August Mezo tBTC strategy - managed by August Digital - with additional 5x Bonus Points - via Upshift (click here)

-11.60% APY on rsETH strategy - managed by Edge UltraYield - with additional 5x Bonus Points - via Upshift (click here)

-Varied and massive HyperEVM airdrop exposure on Hyperbeat Ultra HYPE vault - managed by Edge UltraYield - with additional 5x Bonus Points - via Upshift (click here)

-15.97% APY on USDS on Yearn h/t DefiLlama research

-11.06% APY on USDC on Stream Finance h/t DefiLlama research

-9.55% APY on USDC on Goldfinch h/t DefiLlama research

-8.15% APY on USDO++ on Usual h/t DefiLlama research

-8.13% APY on GHO on Aave V3 h/t DefiLlama research

Check out the full list of Upshift yield opportunities here or by clicking the banner below!

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!)

-Something new called @Dust_Org. Twitter bio states “DUST is an autonomous world with fixed rules of physics, scarce resources, and player-programmable civilization.” Followed by 10 of our mutuals. h/t @AresLabs_xyz:

-New project has been added to @DefiLlama called @GloomOnSonic, categorized as a dex on Sonic. Twitter bio states “Liquidity marketplace on Sonic”. Followed by 3 of our mutuals.

Important News And Analysis

-Fed interest rate decision coming tomorrow (Wednesday), with markets currently pricing in a 99.9% chance of no change, but many think Fed’s lack of cutting is shortsighted and/or politically-motivated, and there’s also speculation they could combine keeping rates flat with some pronounced dovish rhetoric, h/t @AndreasSteno:

-JP Morgan filed trademark for something called JPMD, with speculation it is a stablecoin, h/t morning news from @Tyler_Did_It:

-New story just dropped that Coinbase is seeking SEC approval to offer tokenized equities, h/t @coinbureau:

-Reminder that the @sparkdotfi airdrop takes place today, with some users receiving allocations for certain historical defi usage like Aave (so well worth checking, and the checkers does not require signing in via wallet), h/t tweet about it from yesterday via @TaikiMaeda2:

-Sonic and Fragmetric airdrops generating attention, h/t @0xGeeGee:

-More details are emerging on the Tron reverse merger news that came out yesterday, h/t this and other news from @0xSalazar:

-Truflation’s real-time inflation meter has seen inflation tick up a bit in the US over the last two months, and it is now slightly back over 2%:

-@ethos_network airdrop alfa from @NPC_68:

-Ondo bringing USDY to Hyperliquid? Also h/t @NPC_68:

-Ansem @blknoiz06 wrote a very detailed defense of Hyperliquid’s current valuation that generated a lot of attention over the last 24 hours, well worth reading in full (click tweet to do so):

-New interview with macro gigabrain Doomberg:

-New crypto roundtable from @Unchained_pod:

-New livestream from Digital Asset News (aired yesterday):

-Raise your targets? Doubly interesting parting tweet c/o @NateGeraci:

Conclusion

Have a great Tuesday and stay alert out there friends!

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

***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.