The Daily Degen - March 19th, 2023
All of today's news/data/alerts...
Happy Sunday degens! Big, big week coming up!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
Oil (WTI): $66.74
Biggest Price Movers
(From @coingecko top 1000)
The good gents at @NestedFi are our official sponsor for the month of March! Nested is a Social Trading protocol which lets users create portfolios and copy-trade the portfolios of other traders. It currently supports ETH Mainnet, Arbitrum, Polygon, Avalanche, Optimism, and BSC.
They are building all sorts of cool stuff for 2023 so make sure to follow their Twitter account and keep a close eye on them!
Here’s the latest update from the team:
Biggest TVL Movers
Chains are mixed today. Top 20 chains up at least 25% on the weekly include Tron (#2), Optimism (#6), Mixin (#9), DeFiChain (#11), Klaytn (#14), and Bitcoin (#17).
Protocols are mostly red today. Top 100 protocols up at least 30% on the weekly include JustLend (#7), Venus (#16), Velodrome (#27), Bwatch (#29), DeFiSaver (#50), Blur (#53), DeFiChain Loans (#73), CamelotDEX (#74), Beethoven X (#76), Katana Dex (#80), and Canto Dex (#92).
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 Stablecoins By Market Cap (from @coingecko):
Other Data Points
Bitcoin Fear/Greed Index:
Ethereum Fear And Greed Index
Crypto Volatility Index
(note: this includes new protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New chain building called @VenomFoundation. Twitter bio states “The asynchronous blockchain building a more connected future. Secure by design, scalable by nature”. h/t @Asyl101021:
-New dex on Core has been added to @DefiLlama called @PalmaSwap. Twitter bio states “Exotic DEX platform on #Core”.
-Previously-mentioned @FactorDAO has been added to @DefiLlama (Arbitrum). Description states “Factor gives exposure to a wide variety of community-generated yield opportunities, including passive and active strategies, thematic indices, and more.”
-New Arbitrum protocol called @arbidex_fi has been added to @DefiLlama. Twitter bio states “💵REAL YIELD - EARN 100% PROTOCOL FEES in $BTC $ETH $USDC 💰Dual Farn Rewards Kyc'd, Audited & Doxxed $ARX - 0xD5954c3084a1cCd70B4dA011E67760B8e78aeE84”.
-Something called @synthe_x. Twitter bio states “Most Advanced and Efficient Synthetics protocol… Join the chat 💬”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, 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)
-Credit Suisse continues to generate headlines and speculation:
-US regional banks continuing to dominate news/discussion as well:
-Uncertainty regarding Fed rate hike decision this week:
-Total crypto market cap back over $1.2T:
-@DefiLlama’s dex aggregator hits $5B in volume:
-Interesting story re: the London Metal Exchange:
-@CamelotDEX getting a lot of attention in run up to Arbitrum airdrop:
-@JaviarBlas on oil:
-Interesting security thread from @functi0nzer0:
-@GCRClassic on prices and the Balaji $1M Bitcoin bet:
-Very thorough thread from @korpi87 on 30 Arbitrum protocols to know about:
-An account called @Defi_Maestro has been live-tweeting a fascinating trading journey, latest update below:
-Good macro article from @LastBearStanding:
-New episode of @Blockbytescom’s Across The Chains, discussing a variety of current crypto-focused stories/events, featuring @crypto_klay, @0xDoubleSharp, @0xSouvlaki, and more:
-New livestream from @RealVision featuring @RaoulGMI and @AndreasSteno:
-Parting humor from @CL207 and @Citrini7 and wisdom from @DeFi_Creed:
Have a great Sunday friends and rest up for the big week ahead! :)
And please RT/follow/etc if you found this valuable! :)
Thanks for reading The Daily Degen! Subscribe for free below!
We are huge fans of @DefiLlama! The amazing free data they provide is used extensively in every issue of The Daily Degen…
If you have the capability, we would highly recommend donating to their amazing team! Note: We are not affiliated with them nor is this sponsored or anything, just trying to give credit/spread awareness of how to support them :)
Here’s a screenshot showing how to access the ‘Donation’ page: