Happy Wednesday friends! Crazy 24 hours we’ve had!
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: $2142.40
Oil (WTI): $79.04
US 10Y Treasury: 4.137%
Stocks ($SPY as proxy): -1.00%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention good degens! Our friends at @PikeFinance have just released details on part two of their new PIU program!
As a brief recap:
“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….”
Pike has created their PIU Program to aid in catalyzing the above... It is their answer to the typical ‘points’ program that has become the norm as of late, with numerous tweaks and improvements designed to reward early Pike users and supporters and foster a robust community of universal liquidity layer enjoyoors :)
We’ve been helping Pike raise awareness about their upcoming launch, so make sure to follow them on Twitter for important updates, read their latest article on the PIU Program, and get started using their protocol now at app.pike.finance!
Biggest TVL Movers + Else
Chains are mixed today. Fastest-growing chains on the weekly with at least $10M TVL are FSC, ICP, and TON.
Protocols are mixed today as well. Fastest-growing protocols on the weekly with at least $10M TVL are ICP dex Sonic, multichain dex Phenix Dex, and FSC dex RosSwap.
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):
Top Trending Tokens (from @dexscreener, 24 hour timeframe):
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/newish project called @Humanityprot. Twitter bio states “A Human-Centric Blockchain”. Followed by 39 of our mutuals. h/t @eli5_defi:
-Something new called @MoltenL2. Twitter bio states “Scaling Perpetual DEXs 100x | Powered by the @UniDexFinance Aggregator | Blazingly fast L2 | With @CelestiaOrg underneath ✨”. Followed by 10 of our mutuals. h/t @AresLabs_xyz:
-Something new called @real_rwa. Twitter bio states “Tokenize the world... The first permissionless L2 for tokenized RWAs. Built on Arbitrum Orbit.” Followed by 7 of our mutuals. h/t @AresLabs_xyz:
-Something new called @stackdotso. Twitter bio states “Stack is introducing loyalty points as an onchain primitive and building tools for managing points programs.” Followed by 16 of our mutuals. h/t @AresLabs_xyz:
-Something new called @BlendrNetwork. Twitter bio states “Elevate your AI, rendering, and simulations with Blendr. Say goodbye to pricey centralized gpu farms and hello to scalable, secure computing.” Followed by 10 of our mutuals. h/t @AresLabs_xyz:
-New Blast dex called @GhostEx_io has been added to @DefiLlama. Twitter bio states “GhostEx - DEX Built on @Blast_L2 The Ecosystem-focused and Community-oriented.” Followed by 2 of our mutuals.
-New BSC dex called @Gas404Official. Twitter bio states “Building an unique #ERC404 #Privacy ecosystem on #BNBChain - $GAS Gas404Swap Ninja farming starts Mar 6th, 11 AM UTC+0”. Followed by 3 of our mutuals. h/t @ApeOClock:
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 from @PeckShieldAlert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL, no-IL, single-exposure 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)
-Bitcoin temporarily hit a new all-time high yesterday, h/t @cobie:
-It then proceed to crash precipitously before spiking back up, h/t @krugermacro:
-@RaoulGMI on the above:
-Meme coins like $WIF already surging again, h/t @DegenerateNews:
-New meme coins $BODEN getting lots of attention, h/t @CoinDesk:
-Something called @nim_network is apparently going to be doing an airdrop to $DYM-stakers, h/t @TaikiMaeda2:
-Macro gigabrain @WarrenPies on oil prices and inflation and OPEC:
-Bullish alts TA from @Pentosh1:
-Airdrop alfa from @0xjaypeg:
-Gold and gold ETF’s starting to get attention as well now that the shiny metal is at all-time high’s, h/t @biancoresearch:
-Excellent thread of alfa and news from @2lambro:
-New @BanklessHQ video all about the crypto x AI sector/narrative:
-Newest airdrops video from @KryptoCove:
-Parting wisdom from @cryptofishx:
Conclusion
Happy Wednesday friends! Feels like it could be another crazy day!
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.