Happy Tuesday friends! Getting close to ATH’s!
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: $2126.47
Oil (WTI): $77.92
US 10Y Treasury: 4.162%
Stocks ($SPY as proxy): -0.11%
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 extremely green today. Only top 30 chains red on the weekly are Sui (#11), Manta (#13), Osmosis (#21), Ronin (#23), and Kujira (#30).
Protocols are also extremely green today. Only top 100 protocols red on the weekly are JustStables (#20), LayerBank (#51), Katana Dex (#77), Ondo Finance (#87), Blast pre-launch farm (#92), Kujira Protocol (#96), and Abracadabara (#97).
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 Token-Holders’ Revenue (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 @BaselineMarkets. Twitter bio states “Infinite, unruggable™️ liquidity Builder of @yesmoney420 (suspended, brb) on @blast_l2”. Followed by 92 of our mutuals.
-New project on @berachain called @BoopExchange. Twitter bio states “Ooga booga aggregator with henlo-centric architecture. Powered by @ShogunFi”. Followed by 13 of our mutuals. h/t @Beacon_Early:
-New project on @ModeNetwork called @IroncladFinance. Twitter bio states “Decentralized Lending Market on @Modenetwork”. Followed by 5 of our mutuals. h/t @Beacon_Early:
-New project on @Blast_L2 called @wen_exchange. Twitter bio states “No.1 @Blast_L2 Native NFT Exchange.” Followed by 47 of our mutuals. h/t @Beacon_Early:
-New lending protocol on @Blast_L2 called @Avolend_Finance has been added to @DefiLlama. Twitter bio states “Avolend testnet is live on #Blast”. Followed by 2 of our mutuals.
-New yield protocol on @Blast_L2 called @LemonblastX has been added to @DefiLlama. Twitter bio states “Your favorite yield farming project on #Blast_L2”. Not followed by any 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!
-Important security reminder from @PeckShieldAlert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, 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)
-Binance just announced a $WIF listing, h/t @ReetikaTrades:
-Coinbase breaks into the top 100 in Apple App Store for the first time in over two years, h/t @Dogetoshi:
-Risk assets in general are surging despite interest rates still being elevated, h/t @zerohedge:
-Increasing anticipation for the upcoming Wormhole airdrop, h/t @heycape_:
-Bullish thoughts on gold prices from macro gigabrain @WarrenPies:
-The Saylor flywheel keeps building as MicroStrategy announces another $600M private debt offering (which they will then use to buy more Bitcoin), h/t @0xjaypeg:
-Frax Chain is now live, h/t @heartereum:
-@friendtech had its first positive day of net Inflow since late last year as excitement starts to build around its coming airdrop, h/t @tomwanhh:
-Airdrop meta continues, h/t @0x6851:
-Vitalik’s appearance at a Bittensor/$TAO meetup in Asia is generating attention, h/t @DreadBong0:
-New deep dive on @vectorreserve from @jake_pahor as part of his ongoing research series:
-Interesting thread from @hmalviya9 on Solana/token extensions/etc:
-New interview with @twMatt from @tapioca_dao from @leviathan_news:
-New macro/crypto livestream from @noahseidman:
-Latest crypto news overview from @coinbureau:
-Parting wisdom c/o @BobLoukas:
Conclusion
Happy Tuesday good degens! Let’s get after it!
And please RT/subscribe/etc if you found this valuable!
-
-
***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.