Happy Monday good frogs! Another huge week in front of us!
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: $3.49T
QQQ (Nasdaq 100): $531.90
Gold: $3,335.39
Oil (WTI): $64.82
US 10Y Treasury: 4.48%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
If you haven’t watched it yet friends, make sure to check out the new interview that @aya_kantor- co-founder of @upshift_fi- did with @DeFi_Dad and @nomaticcap!
It is a fantastic discussion that contains all sorts of alfa on both Upshift itself as well as the broader crypto world in general!
And in addition to this, make sure to check out:
-This great new article from Upshift co-founder @AElkrief that explains what Upshift is doing, goes over the difference between Upshift and its parent organization August Digital, and outlines the (insanely bullish) future of each!
-The new 'Upshift Yield Committee’, which will allow defi enthusiasts to earn Upshift points by providing educational content on Twitter/X!
And- as always- make sure to follow Upshift on Twitter for more updates, and visit their site to access all the exquisite yields they have available!
Biggest TVL Movers + Other Interesting Data
Chains are quite green today. Only top 25 chains red on all three timelines (daily, weekly, monthly) are Aptos (#11), Berachain (#13), Sonic (#14), OP Mainnet (#21), and Gnosis (#25).
Protocols are also quite green today. Only top 50 protocol red on all three timelines (daily, weekly, monthly) is Sky (#8).
Here’s The Top 12 Best-Performing Chains By TVL On The Weekly With At Least $100M TVL: (from @DefiLlama):
Here’s The Top 12 Best-Performing Protocols By TVL 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 @yapyo_arb. Twitter bio states “Mindshare flywheel on @arbitrum. Powered by @KaitoAI.” Followed by 85 of our mutuals. h/t @AresLabs_xyz and @cryppinfluence (tweet below is from thread he did on it):
-Something new called @betonpump. No Twitter bio. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-New project called @donatedotgg. Twitter bio states “Go Give”. Followed by 12 of our mutuals. h/t @eli5_defi:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-Might PumpFun do an airdrop after all? h/t morning news from @Tyler_Did_It:
-@PlasmaFDN ICO is dominant topic of the morning, with one user apparently spending $100k in transaction fees to get a $10M deposit in, h/t @OlimpioCrypto:
-Interesting thoughts on the above from @dcfgod:
-Saylor buying appears to be ramping up, h/t @thedefivillain:
-Defi mindshare continues to grow, h/t @TheDeFinvestor:
-$SKATE claim update from @KaitoAI:
-“I have gotten more calls from non-crypto investors across stages this past week then in the 3 years prior, all asking about how to get stablecoin exposure” - @HadickM:
-More and more crypto-related kidnappings and crime making headlines (make sure to stay hypervigilant out there friends!) h/t @CPrinzeDeFi:
-Virtually everything on social media is increasingly monetized or incentivized in one way or another (this goes far beyond CT and crypto and represents a fundamental transformation of social media in our opinion, as we have said before) - tweet on this subject from @realitywarp:
-Fantastic macro thread from @BittelJulien, arguing that automation and AI and global sub-replacement fertility are all deflationary and that coupled with massive sovereign debt and entitlements are causing governments to escalate debasement, and observing that crypto and large cap US stocks are basically the only investments outpacing that debasement (click to read in full):
-AI video is already starting to transform the internet, h/t @orenmeetsworld:
-Another new airdrop video from @KryptoCove:
-New video of TA and general market analysis from @DaanCrypto:
-New @BanklessHQ interview with Joe Lubin:
-New interview from @JasonYanowitz and @santiagoroel with Rob Hadick (Dragonfly) and Diogo Monica (Anchorage/Haun Ventures):
-New hour long video from @0xResearch 100% focused on Hyperliquid and the HyperEVM ecosystem:
-New crypto/macro livestream from @noahseidman (airing live as we publish this):
-Parting sentiments from @WClementeIII, on just how radically the regulatory zeitgeist has shifted:
Conclusion
Happy Monday friends! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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Note
Take note good degens! @Darius_Tabai- co-founder of @vertex_protocol- recently did a new interview with @SynopsisEvents!
In it he discussed everything Vertex is working on as well as his thoughts on the world of crypto in general…
It is a good introduction to all the extremely bullish stuff going on with Vertex… such as the insanely high yields they are currently providing to $VRTX-stakers and $USDC-lenders, their gigabrain omnichain liquidity system Vertex Edge (which is currently ranked #5 overall among all perps providers for 30-day perps volume on @DefiLlama!), their new launch on L2 @katana, and the fact that they are bringing their omnichain liquidity to Botanix and will be one of 16 inaugural node operators on it as well!
Check out the video below to learn more, visit the Vertex site to get started trading 60+ perps and spot markets, and stay tuned as we continue shining a light on everything they are doing!
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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.