Happy Monday friends! Another big week ahead of us!
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: $2190.30
Oil (WTI): $81.40
US 10Y Treasury: 4.23%
Stocks ($SPY as proxy): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention good degens! @PikeFinance is having their much-anticipated presale today, March 25th!
As a brief synopsis:
“Pike’s vision is to become a universal liquidity layer that enables frictionless movement and accessibility of native assets across ecosystems. Pike is built on top of Wormhole’s Cross-Chain Data Messaging and Circle’s Cross-Chain Transfer Protocol (CCTP), and utilizes Pyth Network’s Price Feeds….”
“The Pike Community Presale is our approach to allow the Pike community to become a part of Pike's journey at the ground floor before the launch of the Pike governance token. This is in contrast to typical fundraising which involves VCs and other institutional investors…”
We’ve been helping Pike raise awareness about everything they’ve been working on, so make sure to follow them on Twitter for important updates, get started using their protocol now at app.pike.finance, and learn more about their presale via the thread below!
Biggest TVL Movers + Else
Chains are quite green today. Top 50 chains up at least 5% on the daily include Solana (#4), Base (#10), Near (#20), Fantom (#32), Kujira (#35), and Ton (#43),
Protocols are quite green today as well. Protocols with at least $20M TVL up at least 100% on the weekly include Blast yield protocol Hyperlock Finance, Cronos cdp protocol Orby Network, and uncategorized multichain protocol IZUMI Finance.
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 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!)
-New project called @NTensorDynamics. Twitter bio states “Neural Tensor Dynamics is the next-gen AI powered staking protocol on Bittensor. $NTD”. Followed by 22 of our mutuals. h/t @Hercules_Defi:
-New project called @blockmesh_xyz. Twitter bio states “Open and secure network that allows you to easily monetize your excess bandwidth and participate in building the AI data layer.” Followed by 3 of our mutuals. h/t @AresLabs_xyz:
-Something new called @CodenameKaiten. Twitter bio states “Codename: Kaiten - By Ethereans Labs A Defi Revolustion: Empowering DeFi’s Future with Advanced Automation & AI”. Followed by 7 of our mutuals. h/t @AresLabs_xyz:
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!
-Updates on Dolomite hack:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ 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)
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Meme coins getting more and more mainstream attention:
-Base ecosystem heating up, h/t @dennis_qian:
-Thoughts on people underestimating how dovish the Fed currently is c/o @qthomp:
-(Related) new dovish sentiment from Powell:
-New feature just added by @DefiLlama + some accompanying interesting stats, h/t @defiinfant:
-Observation from @maxhodak_ on increasingly-discussed topic re: AI/software:
-ParaSwap update, h/t @leviathan_news:
-New thread on @milky_way_zone from @jake_pahor:
-Interesting thread of thoughts on the airdrop meta, c/o @0xnouveau:
-Great list of upcoming launches to be aware of, h/t @zerokn0wledge_:
-New @coinbureau video on alt-coins:
-Latest crypto/macro livestream from @tedtalksmacro:
-Parting sentiments c/o @yugacohler:
Conclusion
Have a great Monday friends 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.