Happy Friday good degens! Lots of stuff going on!
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: $2191.90
Oil (WTI): $81.03
US 10Y Treasury: 4.239%
Stocks ($SPY as proxy): +0.33%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @silentdao_ keep working diligently behind the scenes to develop a truly revolutionary solution to the issue of on-chain privacy…
Our editor @rektdiomedes has been helping bang the drum about what @silentdao_ have been building, and the architecture being developed is intended to permanently change the defi landscape.
Once again, Silent is a middleware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself... Make sure to follow the official @silentdao_ Twitter account so you don’t miss any important updates!
Biggest TVL Movers + Else
Chains are mixed today. Top 50 chains up at least 30% on the weekly include Aptos (#16), Fantom (#32), and TON (#47).
Protocols are mixed today. Protocols with at least $100M TVL up at least 50% on the weekly include Stacks liquid-staking protocol StackingDAO, and Solana dex Raydium.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: this one has a minimum TVL filter so only includes projects with at least $1M TVL):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Here’s The Top 12 Protocols By TVL On Base (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!)
-Something new called @getbasedai. Twitter bio states “Your prompts are your prompts. Official tweets from Based Labs. 𝔹/acc”. Followed by 37 of our mutuals. h/t @jkrdoc:
-New project called @tradewithdale. Twitter bio states “AI Prediction Trading Bot powered by Bittensor Subnet 8 by @taoshiio”. Followed by 13 of our mutuals. h/t @AresLabs_xyz:
-CZ’s new project @GiggleAcademy. Twitter bio states “🎓 Everyone in the world should have access to education 🎯 Our mission is to make learning fun, addictive, and free for all ⏳ Join the waitlist ↓”. Followed by 105 of our mutuals. h/t @Beacon_Early:
-Something new called @Tagd_AI. Twitter bio states “Ensuring Integrity in the Age of AI-Generated Media. AI-powered, community-validated, meticulous, trustless verification of AI-generated images & video.” Followed by 17 of our mutuals. h/t @Beacon_Early:
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!
-Was some type of security situation on Blast today that generated quite a bit of attention:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ 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)
-New airdrop from @nim_network getting lots of attention, h/t @0xjaypeg:
-Lots of eyes on remaining potential GBTC sell pressure, h/t @zerohedge:
-Markets currently pricing in three Fed rate cuts this year, with first one taking place in June, h/t @charliebilello:
-Project updates/alfa c/o @TheDeFinvestor:
-Stablecoin liquidity continues rising, h/t @zerototom:
-Interesting insight re: airdrop meta c/o @pythianism:
-BlackRock fund on Ethereum continues to generate discussion, h/t @RyanSAdams:
-Update on $SLERF situation c/o @DegenerateNews:
-Interesting catch re: Google and ENS c/o @BrantlyMillegan:
-@fraxfinance has reached 100% collateralization ratio and now plans to turn on revenue-sharing and potentially token-buybacks, h/t @WuBlockchain:
-Interesting prediction re: Coinbase/Circle/stablecoins/etc c/o @iamDCinvestor:
-New NFA Live featuring @coinbureau, @NewsAsset, and @intocryptoverse:
-New gem-hunting video from @jediblocmates and @grantblocmates at @blocmatesdotcom:
-Newest video on all things airdrop-related from @KryptoCove:
-New tutorial on how to bridge TAO from @0xMughal:
-Parting wisdom c/o @jake_pahor:
Conclusion
Happy Friday good degens! Stay hypervigilant 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.