Happy Monday friends! Another big week ahead of us!
Let’s dive in!
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 @CryptoBubbles24):
Gold: $2349.90
Oil (WTI): $77.06
US 10Y Treasury: 4.463%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Once again good friends, our Official Sponsor @vertex_protocol is a gigabrained perps dex with $100M TVL and surging trading volumes, and- in addition- they also now provide robust cross-chain liquidity via their custom @EdgeLayer system, and are revolutionizing the perps space with this and other innovations!
Check out the fantastic interview with co-founder @DariusTabai below from @TradeTalks! Is from Consesnsus2024 and is extremely interesting in general and helpful for learning more about Vertex :)
And as always… if you are an active on-chain brypto-enjoyoor then make sure to get started with Vertex now and access 40+ perps & spot markets + exquisite yield opportunities - all at app.vertexprotocol.com - and follow them on Twitter for continued updates!
Biggest TVL Movers + Else
Chains are mostly green today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Solana (#4), Blast (#6), Linea (#14), Hyperliquid (#17), Aptos (#20), and TON (#21).
Protocols are also quite green today. Protocols with at least $100M TVL up at least 100% on the monthly include Particle, LayerBank, Ionic Protocol, Swell, Sanctum, and SubseaProtocol.
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 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @pp_trading. Twitter bio states “Trade better, together By KK ( @kaiserkoke ) & EE ( @epic_edge_god )”. Followed by 3 of our mutuals. h/t @AresLabs_xyz and @CryoPalmer:
-Something new called @BitNote_xyz. Twitter bio states “Protect your secrets with ultra-secure notes powered by blockchain. Highly decentralized, E2E encrypted, with built-in "succession."" Followed by 10 of our mutuals. h/t @AresLabs_xyz:
-Something new called @GravityChain. Twitter bio states “The Magnet Chain for Web3. A Layer-1 blockchain designed for mass adoption and an omnichain future. Created by @Galxe.” Followed by 13 of our mutuals. h/t @AresLabs_xyz:
-Something new called @tapbaseapp. Twitter bio states “Tap to Earn coins and NFTs Keep tapping TapBase without stopping. Get NFT with your TapBase you got @base.” Followed by 3 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, and no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Multiple security alerts from @WuBlockchain:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Headlines c/o @0xSalazar:
-More headlines h/t @Cprinze_:
-Ticker alfa c/o @TheDeFinvestor:
-Interesting macro chart from @tedtalksmacro:
-More than $372M was lost to hacks/exploits last month, h/t @zerototom:
-Grayscale $BTC holdings now down over 50% since ETF’s launched, h/t @DaanCrypto:
-Very interesting marketing initiative from Fantom, h/t @hmalviya9:
-The so-called ‘Restaurant Apocalypse’ is generating much discussion in macro circles:
-TON blockchain’s $NOT memecoin seeing huge price + attention spike, h/t @CryptoKoryo:
-Good long-form analysis of potential $ETH ETF inflows, from @tradetheflow_ (click to read rest of thread):
-New ETH vs SOL debate on @BanklessHQ featuring @drakefjustin and @aeyakovenko:
-New memecoin-hunting video from @drakeondigital:
-Parting wisdom c/o @danblocmates:
Conclusion
Happy Monday friends let’s get after it this 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 Monthly 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.