Happy Sunday friends! Q1 is almost over!
Let’s dive in!
As always… 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):
Total Crypto Market Cap: $2.78T
Gold: $3090.00
Oil (WTI): $69.36
US 10Y Treasury: 4.253%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note good degens - @vertex_protocol has deployed on yet another chain and is now live on Avalanche!
As detailed previously, Vertex’s goal is to be on 25 different chains by the end of 2025- either directly such as with this Avalanche deployment, or through instances such as BroTrade on Berachain that utilize the omnichain Vertex Edge liquidity system!
To celebrate the new deployment Vertex will be giving out 10,000 $AVAX tokens per week for the next four weeks in trading awards!
Get started earning your share now at app.vertexprotocol.com + access more than 50 other perps and spot markets (and a wide variety of exquisite yield opportunities!)… And make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Other Interesting Data
Chains are mixed today. Notables include Berachain (#6) at +29.63% on the weekly, and Hemi (#50) at +37.46% on the weekly.
Protocols are also mixed today. Notables include BlackRock BUIDL (#20) at +31.61% on the weekly, and Ethereal (#47) at +44.67% on the weekly.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL On Sonic (from @DefiLlama):
Here’s The Top 12 Protocols By TVL On Berachain (from @DefiLlama):
Here’s The Top Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
New Projects
(note: this includes new projects we find through combing Twitter each day and going through newly launched protocols added by @DefiLlama, limited primarily to new projects that have at least some TVL or are followed by at least some of our mutuals… Disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @ayaos_ai. Twitter bio states “an agent launchpad”. Followed by 5 of our mutuals. h/t @AresLabs_xyz:
-Something new called @makinafi. Twitter bio states “The DeFi Execution Engine”. Followed by 16 of our mutuals. h/t @AresLabs_xyz:
-New project called @coldlinkxyz. Twitter bio states “The only universal connectivity tool - linking digital assets to anything, anywhere. Coldlink it all.” Followed by 27 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-Macro focus firmly on April 2nd tariff stuff, h/t macro schedule for the week ahead, h/t @KobeissiLetter:
-Native $USDC to go live on Sonic, @TheDeFinvestor:
-Stats and sentiment both down dramatically for ETH and SOL over the last three months, h/t @beaniemaxi:
-$ETH has actually underperformed $AVAX since the depths of the bear market, h/t @SCHIZO_FREQ:
-ETH gas fees are at extreme lows, h/t @Picolas_Caged:
-“ETH Mainnet has scaled and become cheap enough to render most L2 value propositions obsolete...” h/t interesting thoughts from @lemiscate:
-@bankrbot generating a lot of attention the last couple days, h/t @ProofOfTravis:
-Memecoins currently represent 50% of trading on Solana, h/t @Tyler_Did_It:
-Recent outperformer SUI has now caught up with the rest of the market at considerably lower prices, h/t @thedefivillain:
-Interesting observations from Hong Kong c/o @zhusu, etc:
-There continues to be massive attention on the idea of single-person companies and using AI to scale large ventures:
-Weekly macro overview from Joseph Wang @FedGuy12:
-New roundtable discussion of the whole Hyperliquid saga from this week c/o @Unchained_pod:
-New Brent Johnson @SantiagoAuFund video discussing the macro:
-Parting wisdom from @celestineia:
Conclusion
Have a great Sunday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections 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.