Happy Sunday good frogs!
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: $2082.55
Oil (WTI): $79.97
US 10Y Treasury: 4.186%
Stocks ($SPY as proxy): N/A
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 middle-ware 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 mostly red today. Top 30 chains up at least 50% on the monthly include Bitcoin (#6), Aptos (#18), Mantle (#20), and Starknet (#28).
Protocols are mostly red today as well. Protocols with at least $50M TVL up at least 300% on the monthly include Nostra, Bedrock, and EigenLayer.
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 allows for a minimum TVL filter so only includes protocols with at least $1M TVL):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (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 called @AstroUSD. Twitter bio states “USDA coming soon…” Followed by 5 of our mutuals. h/t @AresLabs_xyz and @TateBerenbaum:
-Something new called @Argo_xyz. Twitter bio states “The knowledge hub for restaking. In partnership with @anthiasxyz & @steakcapital”. Followed by 5 of our mutuals. h/t @AresLabs_xyz:
-Something new called @liteseed_xyz. Twitter bio states “Permanent data at scale on @ArweaveEco”. Followed by 5 of our mutuals. h/t @twindoges:
-Something new on Manta called @MonroeProtocol. Twitter bio states “Coming Soon..” Followed by 2 of our mutuals. h/t @twindoges:
-New project called @SunriseLayer. Twitter bio states “🌅 Stealth Project - Coming soon Mar. 2024”. Followed by 8 of our mutuals. h/t @twindoges:
-Previously-mentioned lending protocol on @Blast_L2 called @OrbitLending has been added to @DefiLlama. Twitter bio states “Introducing Orbit - The native lending protocol on @Blast_L2”.
-Previously-mentioned @Blast_L2 dex @tradeonblitz has been added to @DefiLlama. Twitter bio states “Your favorite orderbook DEX built on @blast_l2 . Trade spot & futures with blazing fast speed and efficiency.”
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 (all types, $10M+ 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)
-AI and meme coins still outperforming, h/t @thedefivillain:
-Crypto funds are seeing record inflows, h/t @dunleavy89:
-Increasing speculation re: nation-state’s, sovereign wealth funds, etc accumulating Bitcoin, sample h/t @crypto_condom:
-Interesting Vitalik tweet re: ETH tech stuff x Polymarket:
-US’s fiscal profligacy continues to be hot topic:
-Airdrop alfa c/o @73lV_:
-Interesting take from @gainzy222:
-New EVM Bitcoin L2 Merlin Chain getting attention from some of our smartest mutuals, h/t @DefiMann and @DoveyWan:
-Good thread on AI sector from @hmalviya9:
-Alt-L1 Sui getting more and more attention, h/t @defi_sakura:
-Brilliant take from @redphonecrypto:
-Weekly macro update from @FedGuy12 Joseph Wang:
-Weekly roundup from @Blockworks_ featuring @MikeIppolito_, @qthomp, and @Tyler_Neville_:
-Scroll airdrop guide from @KyrptoCove:
-Parting wisdom from @wronguser000:
Conclusion
Happy Sunday friends! 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.