Happy Tuesday good frogs! Some good price action we’re seeing!
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: $2,218.70
Oil (WTI): $82.07
US 10Y Treasury: 4.241%
Stocks ($SPY as proxy): -0.28%
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 quite green today. Chains with at least $1M TVL up at least 300% on the monthly include Zkfair, Beam, TON, and Bifrost.
Protocols are also extremely green. Protocols with at least $1M TVL up at least 100% on the daily include Blast dex Thruster, Mixin options protocol Mixin Dance, and Blast derivatives protocol Particle.
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 Dex’s By 7 Day Volume (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!)
-Previously-mentioned ETH Mainnet liquid restaking protocol @Euclidfi has been added to @DefiLlama. Twitter bio states “Building Omnichain Liquid Restake Assets, the simplest way to restake your ETH and liquid ETH to @eigenlayer; Member protocol of @NGADfuture”. Followed by 66 of our mutuals.
-Previously-mentioned Aptos lending protocol @EchelonMarket has been added to @DefiLlama. Twitter bio states “Composable, Efficient & Secure Move Money Market | Now Live on @Aptos”. Followed by 11 of our mutuals.
-New Blast farm called @_munchables_ has been added to @DefiLlama. Twitter bio states “Your onchain companions. Build your snuggery and start earning rewards. Built on Blast 🔥❄️🌊🌳🌞” Followed by 48 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!
-Security alert c/o @WuBlockchain:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-$GBTC outflows continuing but exceeded by inflows into other ETF’s, h/t @WuBlockchain:
-Circle CCTP launching on Solana today, h/t @tomwanhh:
-Much anticipation for upcoming Wormhole airdrop, h/t @lou_markets:
-Bullish macro thoughts from @FedGuy12:
-Update on $MSTR-shorts c/o @JLabsJanitor:
-Aidrop alfa c/o @73lV_:
-Thoughts on inscriptions from @redphonecrypto:
-Interesting thread on Do Kwon/SEC trial c/o @cGuz:
-Bullish case for $ETH ETF approval c/o Graysacle Chief Legal Officer @CraigSalm:
-Trading wisdom c/o @thedefivillain:
-Bullish thoughts/synopsis from @BrantlyMillegan:
-Interview with @PacmanBlur from @BanklessHQ:
-New airdrop video from @KryptoCove:
-Update on everything ETH-tech related from @sassal0x:
-Parting wisdom c/o @blockchaingod69:
Conclusion
Happy Tuesday 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.