Happy Friday good frogs! Been quite a week and lots of stuff still going on!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
[Note: As always all tweets are hyperlinked so just click on them to pull them up on Twitter]
Market Update
Crypto (from @cryptobubbles24):
Gold: $1,909.00
Oil (WTI): $69.64
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention froggish readers: @PepesGame is going live with their v1.5 on July 1st, with two huge campaigns!
Bring Your Own Degen (Referral Campaign) boasts an impressive $5000 $USDC as cash prize, divided based on user volume referred from July 1st.
Degens Of The Week features 150,000 $PEG tokens to be distributed on a bi-weekly basis on a points based system. The higher your wager size, the more points you accrue. The more points you accrue, the more rewards you earn!
The best part? All fees generated will be used to directly buyback $PEG and LP it with $wETH as protocol-owned liquidity!
We’ve been helping raise awareness about @PepesGame and are big fans of their Chadish team so make sure to check out their site and follow them on Twitter!
Biggest TVL Movers + Else
Chains are very green today. Top gainers on the weekly with at least $1M TVL are smartBCH at +119% and $9.3M TVL, BitcoinCash at +40.24% and $1.2M TVL, and Neutron at +20.25% and $22.0M TVL.
Protocols are very green today too. Top 100 protocols up at least 30% on the monthly include Lybra Finance (#32), Pendle (#61), UwU Lend (#77), Tranchess (#85), Origin DeFi (#91), Raft (#93), and Swell (#98).
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 Chains By 7 Day Stablecoin Inflow % (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!)
-New project on Arbitrum called @marginlycom. Twitter bio states “Go up to 20X long or short on Uniswap and other DEXs. We help DEXs gain new superpowers 🦾”.
-New protocol called @PrismicProtocol. Twitter bio states “Incentivized Uniswap's v3 liquidity manager and delta-neutral strategies vaults on top of @GMX_IO and @GainsNetwork_io”.
-Something new called @buildwithsygma. Twitter bio states “The interoperability layer for building cross-blockchain applications. Native EVM-Substrate connectivity⚡️”.
-New zkSync project called @ValeaFi_. Twitter bio states “Experience the future of DeFi with Valea Finance, a community-driven liquidity layer & decentralized exchange on #zkSyncEra”.
-Something new that just popped up called @Cordyceps_xyz. Twitter bio states “@Root_Genesis@LayerZero_labs”. h/t @AresLabs_xyz:
-New project called @alloyx_xyz. Twitter bio states “AlloyX is a DeFi protocol aggregating tokenized credit, bringing liquidity, composability and efficiency to RWA.” h/t @AresLabs_xyz:
-Something new on Arbitrum called @gmxkey_com has been added to @DefiLlama. Twitter bio states “The only liquidity solution for @GMX_IO stakers. Make esGMX and Multiplier Point (MP) tradable. No vesting. No GMX/GLP reserve. No MP burning.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) 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)
-Bitcoin Cash surged in price today, generating quite a bit of discussion:
-July apparently a good month for Bitcoin when looked at historically, h/t @tedtalksmacro:
-@PancakeSwap deploying on @0xPolygon’s zkEVM chain:
-Coinbase’s @BuildOnBase Ethereum L2 is apparently 80% of the way towards launch:
-Arbitrum’s @CamelotDEX generated a lot of discussion today with a proposal for a 12M ARB grant, h/t @leviathan_news:
-$800B added to US national debt since debt ceiling resolution:
-CME to add $ETH/$BTC futures:
-Interesting visual from @coingecko on the most expensive crypto domains ever sold, with the top three being paradigm.eth, 000.eth, and abc.eth:
-Telegram bot service @TeamUnibot- which has been generating intense interest as of late- will apparently be partnering with @dopex_io, h/t @AkadoSang:
-Lots of chatter about there actually being an FTX relaunch, h/t @leviathan_news:
-$TUSD saga continues to generate discussion, sample c/o @ThorHartvigsen below:
-Good summary of the recent signs of potential institutional adoption c/o @coinbureau:
-Thoughts on the famous MC/TVL ratio from @Dynamo_Patrick:
-Interesting story from @bantg (though only tangentially related to crypto):
-Wise words from @Pentosh1:
-New episode of NFA Live featuring @coinbureau, Benjamin Cowen @intocryptoverse, and Rob from Digital Asset News giving a good mainstream/YouTube-ish perspective on the crypto markets:
-New roundtable from @Unchained_pod discussing the Azuki Elementals mint and other stories:
-Great macro discussion between @LukeGromen and @PrestonPysh:
-Parting sentiments c/o @b00mon:
Conclusion
Have a great Friday degens!
And please RT/subscribe/etc if you found this valuable! :)
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Note
Attention yield-respectoors… the @Rodeo_Finance public sale is today on @CamelotDEX!
If you aren’t familiar with them, @Rodeo_Finance is a new leveraged yield project building on top of all the top Arbitrum defi protocols (such as Pendle, Trader Joe, etc!), giving discerning farmers the chance to maximize their yields, with leverage, all from a single easy to use UI…
The Rodeo site is already live and users are earning yield right now, so make sure to check it out, and follow them on Twitter for more updates on today’s public sale!
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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.