Happy Sunday friends let’s get after it!
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: $2159.40
Oil (WTI): $81.04
US 10Y Treasury: 4.308%
Stocks ($SPY as proxy): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention good degens! You can now trade $BOME at 10x leverage on @muxprotocol!
$BOME is the new meme coin that has exploded onto the scene over the last two days - and Mux has already listed it via its ‘MUX Degen Protocol’, and is the only place to go if you would like to leverage trade it on-chain!
As background, @muxprotocol- the ‘1Inch of perps’ - is one of the most popular perps dex + aggregators on the market, attracting legions of on-chain traders as well as yield maximalists keen on taking advantage of the ‘RealYield’ paid in ETH to MUXLP and veMUX holders…
We are continuing to spread the word about everything the gents at Mux are doing, so make sure to check out their site to get started trading and/or LP’ing and follow them on Twitter for continued updates!
Biggest TVL Movers + Else
Chains are mostly red today. Only top 70 chains green on the daily are Mantle (#19) and Filecoin (#62).
Protocols are quite red as well today. Only top 70 protocols green on the daily are stUSDT (#25), dYdX (#55), Raydium (#56), and Flexa (#63).
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):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):
Top Trending Tokens (24 hour timeframe - from @dexscreener):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
New Projects
(note: this includes new projects 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!)
-Newish project we haven’t highlighted before called @xswap_link. Twitter bio states “The first Cross-Chain Swaps Protocol on @chainlink powered by CCIP”. Followed by 76 of our mutuals. h/t @Beacon_Early:
-New project called @MonadPad. Twitter bio states “Leading the way as the first launchpad on @monad_xyz Empowering creators, investors, and collectors in the DeFi space.” Followed by 2 of our mutuals. h/t @Beacon_Early:
-Something new called @Ducatstable. Twitter bio states “Bitcoin-Native Stablecoin”. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-New project called @cryptensor. Twitter bio states “Pioneering data management on Ethereum with AI & zk-SNARKs for unparalleled privacy and efficiency. Coming soon.” Followed by 5 of our mutuals. h/t @AresLabs_xyz:
-Previously-mentioned Blast dex @HyperBlastDex has been added to @DefiLlama. Twitter bio states “Experience DeFi innovation on @Blast_L2 ! ⚡️ First AMM DEX with native yield and comprehensive toolkits. Join the revolution. #BlastL2 #HyperBlast”. Followed by 7 of our mutuals.
-New dex on Astar zkEVM called @VeryLong_Swap has been added to @DefiLlama. Twitter bio states “VeryLongAnimals @verylonganimals project to contribute for trading on ASTAR zkEVM.Supported by @astarzkevm @AstarNetwork”. Not followed by any of our mutuals.
-Previously-mentioned ETH Mainnet/Arbitrum dex @airpuff_io has been added to @DefiLlama. Twitter bio states “Get Buff with Airpuff to power up your restaking journey!” Followed by 22 of our mutuals.
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-There was some type of security incident re: Remilia:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $0M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Price action continues to be tough, h/t @WuBlockchain:
-A lot of focus on relative outperformers, h/t @Awawat_Trades:
-Solana continues to generate massive volume + attention, h/t @DegenerateNews:
-Inflation still a very hot topic among macro commentators:
-Live inflation data from Chainlink-powered @truflation:
-Lot of excitement around AI tokens ahead of the Nvidia conference starting Monday, h/t @thewolfofdefi:
-NFT + other news from @Tyler_Did_It:
-More bearish data from Germany, c/o @Schuldensuehner:
-Airdrop alfa c/o @73lV_:
-Trading wisdom c/o @art_xbt:
-Trading wisdom c/o @MIC_btc, c/o @QuotableCrypto:
-New video on the crypto AI sector c/o @coinbureau:
-Weekly macro update from Joseph Wang @FedGuy12:
-New episode of @thebellcurvepod featuring @im_manderson and @pythianism and @MikeIppolito_ discussing a variety of topics:
-Newest airdrop guide from @KyrptoCove:
-Parting wisdom c/o @mrjasonchoi:
Conclusion
Happy Sunday good frogs! Stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ section (and ‘Note’ sections and info on our Official Monthly Sponsor if applicable) 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.