Happy Sunday friends!
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 @CryptoBubbles):
Gold: $2188.20
Oil (WTI): $80.63
US 10Y Treasury: 4.202%
Stocks ($SPY as proxy): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention flywheel-enjoyoors and @mavprotocol fans! We’ve been helping bang the drum about everything our friends at @Spiral_DAO are working on, and they have an important update re: deploying sprMAV on zkSync Era!
This includes:
-Initiating the deployment of sprMAV on zkSync Era…
-Launching the single-staking mechanism for sprMAV…
-Providing initial liquidity for the sprMAV-MAV pool on Maverick with a dedicated $50,000 investment...
-Adapting existing Ethereum-based gauge systems for seamless liquidity pool rewards on zkSync Era… and…
-Introducing liquidity and staking incentives soon!
They have also introduced new on-chain Zealy quests involving $MAV and their Spiral Locker and other tasks, with a price pool of $10K! There is one week left to take part in the Zealy campaign - the competition for the prizes ends on the 31st of March- so make sure to check it out by clicking here!
Biggest TVL Movers + Else
Chains are mixed today. Top 30 chains up at least 20% on the weekly include Base (#10), Sui (#12), Aptos (#16), and Stacks (#30).
Protocols are also mixed today. Top 100 protocols up at least 30% on the weekly include Renzo (#24), Raydium (#45), Kinza Finance (#91), and Juice Finance (#97).
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):
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 on Solana called @talk_xyz. Twitter bio states “Connect wallets and unlock community. Your favorite Solana-authenticated group chat is here.” Followed by 7 of our mutuals. h/t @AresLabs_xyz:
-Something new called @BracketHQ. Twitter bio states “POWER TO THE FANS 📈 Invest in Your Fanbase → Change the Game IRL…” Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-Previously-mentioned Blast GameFi protocol called @CryptoValleys has been added to @DefiLlama. Followed by 58 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!
-No security alerts today.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ 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)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Update on ‘Coinbase app store ranking indicator’ c/o @talkingmacro_:
-Ticker alfa/headlines c/o @TheDeFinvestor:
-@KelpDAO expands native $ETH re-staking to Arbitrum, h/t @Louround_:
-Do Kwon back in the spotlight, h/t @0xtuba and @0xENAS:
-Interesting catch from @crypto_condom and @ajwarner90:
-More details on the new on-chain BlackRock fund, c/o @dunleavy89:
-Lot of attention on $DEGEN the last couple days, example h/t @jinglingcookies:
-TVL surging on TON, h/t @Dynamo_Patrick:
-Good list of things to explore on TON c/o @ahboyash:
-Coinbase/Base ecosystem continuing to generate attention, h/t @TheFlowHorse:
-Good thread re: the security stuff that’s been generating attention the last few days, h/t @CT_IOE:
-Weekly macro update from Joseph Wang @FedGuy12:
-New guest roundtable from @theempirepod on all things NFT’s in 2024:
-New crypto + macro discussion on @Blockworks_ between @qthomp and @MikeIppolito_:
-Daily airdrops check-in c/o @KryptoCove:
-Parting wisdom c/o @TraderMercury:
Conclusion
Happy Sunday good frogs let’s get after it!
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.