Happy Wednesday good degens!
Let’s get after it!
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: $3.41T
QQQ (Nasdaq 100): $540.16
Gold: $3,321.79
Oil (WTI): $65.37
US 10Y Treasury: 4.312%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
More and more bullish news from our Official Sponsor @upshift_fi!
-Their Hyperbeat Ultra HYPE Vault (one of the best possible ways to get exposure to the HyperEVM ecosystem and its prospective airdrops right now!) has surpassed $55M TVL…
-They just rolled out a mega-bullish new integration with HyperEVM’s @Okto_wallet…
-They recently surged past $330M in TVL overall…
-They continue to build alongside Pendle and Injective and Euler and numerous other great teams!
-And… they continue to become a more and more important part of the defi lego yield-maxxing architecture! (alfa on this in the quote-tweeted @DeFi_Dad post below!)
Visit the Upshift site to check out all the vaults they have available, and make sure to follow them on Twitter for more updates
Biggest TVL Movers + Other Interesting Data
Chains are mostly green today. Best-performing top 50 chain on the weekly is Plume Network (#38) at +96.54%.
Protocols are also mostly green today. Best-performing top 50 protocol on the weekly is Euler DAO (#35) at +10.93%.
Here’s The Top 12 Best-Performing Chains On The Weekly With At Least $100M TVL: (from @DefiLlama):
Here’s The Top 12 Best-Performing Protocols On The Weekly With At Least $100M 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!)
-Something new called @dubdub_tv. Twitter bio states “Memecoin launchpad for anonymous KOLs 😉 Create endless video content to make your meme viral 🔥”. Followed by 8 of our mutuals. h/t @0xdetweiler:
-Something new called @HLP0_to has been added to @DefiLlama, categorized as a yield protocol on Arbitrum. Twitter bio states “Your HLP, Anywhere: 0x3D75F2BB8aBcDBd1e27443cB5CBCE8A668046C81 Tokenized representation of HLP for use across DeFi (lending, farming, earning extra yield).”
Top Stablecoin Yields
(note: these are the top stablecoin yields, sourced from @DefiLlama (single-exposure, no-IL, $5M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-Robinhood CEO Vlad Tenev is making headlines with some extremely bullish crypto statements, h/t morning news from @Tyler_Did_It:
-Lots of focus on Jerome Powell’s testimony to congress yesterday, h/t @WarrenPies:
-$CRCL/Circle has finally calmed down a bit the last couple days but is still extremely elevated, and $COIN/Coinbase is now surging (up past $350 as we type this), h/t @alpha_pls:
-It appears that a lot of Kaito Yappers absolutely cooked with the @MagicNewton airdrop yesterday, h/t example from @DefiIgnas:
-Headlines this morning about prediction market Kalshi raising $100M at a $1B+ valuation, h/t @WuBlockchain:
-Morgan Stanley expects Federal Reserve to drop interest rates seven times, down to 2.5-2.75%, by the end of 2026:
-Dex to cex spot trade volume ratio is at all-time highs, h/t @TheDeFinvestor:
-Will stocks make their way on chain via synthetic perps rather than alternatives? Interesting thoughts from @izebel_eth:
-Has crypto entered a ‘value’ or ‘revenue’ meta? h/t @resdegen:
-Important reminder on “fatalistic bullishness” from @goodalexander:
-The hunt for fresh data with which to train LLM’s grows more and more fascinating, h/t @nearcyan and @Sauers_:
-Today’s @therollupco livestream (currently airing live as we publish this):
-New interview with Doomberg (aired yesterday):
-New @docXBT livestream (aired yesterday):
-New interview with Aave’s Stani Kulechov:
-New @fejau_inc interview with Maple Finance’s @syrupsid:
-New crypto/macro livestream from @noahseidman (airing live as we publish this):
-Parting wisdom from @splinter0n:
Conclusion
Happy Wednesday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
-
-
Note
The AI x Crypto meta has been quiet of late but a tons of building is taking place beneath the surface, and @Cod3xOrg is at the heart of it!
Want to learn more?
Check out the @Cod3xOrg account on Twitter!
And follow Cod3x-founder @0xBebis_ on Twitter and read the excellent new article from him quote-tweeted below, on the current state of Crypto X AI and where things are headed with it!
And stay tuned as we keep shining a light on everything Cod3x is doing!
-
-
***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.