Happy Saturday frogs! Let’s get after it!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
NOTE: The Twitter/Substack tweet-embedding function still appears to be broken, so we have screenshotted and hyperlinked them :)
Market Update
Crypto (from @TickerTop and @cryptobubbles24):
Gold: $1,947.50
Oil (WTI): $71.74
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Attention all flywheel-enjoyoors: @Paladin_vote has issued a call to war!
Namely, their new product Warlord… which is the first yield-bearing index for easy exposure to CVX and AURA!
As recap… Paladin has built an incredible platform which allows governance token holders to delegate their voting power to earn bribes (ie yield) in the easiest and most profitable manner possible, and helps protocols incentivize voting just as easily and efficiently.
Warlord is the newest addition to their arsenal of products, so make sure to click the below tweet to learn more about it now!
Biggest TVL Movers + Else
Chains are very green today. Top 50 chains up at least 10% on the weekly include Cardano (#15), zkSync Era (#19), Ronin (#24), and Parallel (#45).
Protocols are also very green today. Top 100 protocols up at least 20% on the weekly include Uniswap (#5), Lybra Finance (#41), SashimiSwap (#72), UwU Lend (#87), SyncSwap (#98), and StakeDAO (#99).
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 NFT Marketplaces By 7 Day Volume (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
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 called @0xSchwap. Twitter bio states “Schwap is an On-Chain OTC Exchange With An Emphasis on Trustlessness, Permissionlessness, and Handling Size.” h/t @arndxt_xo:
-Something new called @fluiditylabs. Twitter bio states “Fluidity is the blockchain incentive layer that rewards people for using their crypto. Wrap, Transact, Earn.” h/t @toffee248:
-New protocol called @AlacrityLSD. Twitter bio states “Pioneering the LSD ecosystem - LSD Liquidity Layer - Maximize Returns & Manage Risk - Revolutionizing #LSDfi #LSDSummer - $ALSD (not live yet)”. h/t @toffee248:
-Something new called @BitStakeFi. Twitter bio states “First STAKING protocol for BRC-20 tokens by @0x_web3 - Innovator yield tokens on BRC20”. Also h/t @toffee248 - make sure to give him a follow!
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, and 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)
-New jobs report came out yesterday in US, generating range of responses:
-A video of a strange (fake) Uniswap conference/event out of China generated a lot of attention yesterday, h/t @thegrasscrown:
-New US bill to create a path for crypto tokens to be treated like commodities:
-Dex vs cex volume ratio continuing to increase, h/t @milesdeutscher:
-Cardano continuing to gain TVL, h/t @Dynamo_Patrick:
-Interesting anecdotal bearishness re: US office real estate:
-Signs of adoption? h/t @ryanberckmans:
-Market thoughts from @CanteringClark:
-New weekly roundup video from @BanklessHQ going over all the biggest stories in crypto:
-@balajis appeared on YouTube channel TFTC:
-Newest roundtable video from @thebellcurvepod featuring @JasonYanowitz, @MikeIppolito_, @pythianism, and @im_manderson discussing a bunch of different crypto stories/topics:
-@0x_Kun on investing/trading:
-Parting wisdom from @BowTiedNightOwl:
Conclusion
Happy Saturday friends and don’t forget to touch some grass this weekend!
And please RT/subscribe/etc if you found this valuable! :)
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Note
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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.