Happy Monday good degens! Things are getting very bullish!
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: $3.43T
QQQ (Nasdaq 100): $550.94
Gold: $3,287.95
Oil (WTI): $64.73
US 10Y Treasury: 4.257%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Massive shipping continues from @Mantle_Official, who just introduced ‘UR’ aka @URNeobank!
UR is “crypto neobank that helps users spend, save and more across both fiat and crypto finances in one account…”
As detailed in their introductory article:
“Users can open Swiss IBAN accounts supporting EUR, CHF, USD, and RMB, and spend through their Mastercard debit card, which can be added to Apple Pay, Google Pay and more….
At launch, UR supports fund transfers via both traditional rails such as SWIFT, SEPA, and SIC, and crypto networks Ethereum and Arbitrum to offer seamless on- and off-ramps between fiat and digital assets. More supported networks will be added next.
As we embark on this new journey, early contributors will gain access to UR in the initial phase from June 19, 2025, with public access available in Q3 2025 to users from more than 40 selected countries.”
Learn more about UR in the tweets below from a recent thread by @TheDeFinvestor, make sure to follow the new @URNeobank account for updates on the full rollout, and stay tuned as we keep banging the drum about everything Mantle is shipping!
Biggest TVL Movers + Other Interesting Data
Chains are mixed today. Top 25 chains up at least 20% on the monthly include Hyperliquid L1 (#8), Unichain (#13), Sei (#16), and Hemi (#19).
Protocols are mixed as well. Top 50 protocols up at least 20% on the monthly include Veda (#14), Maple Finance (#26), and Euler DAO (#37).
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)
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!)
-18.00% APY on Injective USDT strategy - managed by MNNC Group - with additional 5x Bonus Points - via Upshift (click here)
-10.50% 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)
-10.20% 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)
-11.84% APY on USDS on Yearn h/t DefiLlama research
-11.00% APY on USDC on Stream Finance h/t DefiLlama research
-10.07% APY on SUSDE on Echelon Market (on Aptos) h/t DefiLlama research
-9.03% APY on USDC on Goldfinch 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 @River4fun has been added to @DefiLlama, categorized as a ‘Farm’ on BSC. Twitter bio states “Contribution layer of River, designed to reward the behaviors that help grow an ecosystem I by @RiverdotInc”. Followed by 1 of our mutuals.
Important News And Analysis
-Robinhood announcement of their own L2 using Arbitrum tech that will offer tokenized stocks and tokenized private-company shares is generating massive attention today, h/t @twindoges and @TrustlessState:
-Noteworthy new tweet from Trump is generating massive attention as well, and considered by commentators to be extremely bullish for assets prices (and the pace of ongoing currency debasement), h/t @zerohedge:
-Bessent says Powell’s replacement could be announced in as little as ‘weeks’, h/t @KobeissiLetter:
-Bitcoin-Dominance still over 60%, h/t @coingecko:
-Will a Grayscale Digital Large Cap ETF holding $BTC/$ETH/$XRP/$SOL/$ADA get approved this week? h/t @NateGeraci:
-We also just got word that staking ETF’s are apparently going live, h/t @TheDeFinvestor:
-Manufacturing and jobs data coming out this week, h/t macro schedule from @KobeissiLetter:
-Kaito token buybacks generating attention, h/t @GLC_Research:
-Excellent new article from @chilla_ct outlining the differences between Plasma and Stable chains and exploring the question of stablecoin-focused chains in general:
-Very interesting stat that the three best-performing country-specific ETF’s this year are Poland, Greece, and Austria, h/t @charliebilello:
-“…an investor who lacks crypto is now effectively shorting it” - interesting new statement from tradfi investment firm, with extremely insightful commentary about it from @wronguser000 as well:
-New video from @DaanCrypto of TA and general market thoughts:
-New live roundtable discussion featuring a bunch of the Blockworks podcast crew including @whosknave, @fejau_inc, @pete_rizzo_, @defi_kay_, and @salveboccaccio:
-New video from @patfscott Dynamo Defi on how to find good yield opportunities on Solana:
-New livestream from the @coinbureau team (aired two hours ago):
-New macro livestream from this morning from @AndreasSteno and @rosenvoldgeo:
-Parting wisdom from @danielgothits:
Conclusion
Have a great Monday friends! Here’s to a big week!
And please RT/subscribe/etc if you found this valuable!
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***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.