Happy Friday good degens! Heck of a week its been!
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: $2.99T
Gold: $2917.00
Oil (WTI): $67.04
US 10Y Treasury: 4.297%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Reminder friends that @vertex_protocol is now live on Berachain via @brotrade_DEX - who are using Vertex’s gigabrain omnichain liquidity infra to provide perps trading on the popular new chain!
As recently noted by @brotrade_DEX:
“With Vertex Edge, our “back-end beast,” you'll experience CEX-level speed (5-15ms per trade) and top-tier infrastructure. Say goodbye to slippage and fragmented markets; this is where smooth, optimized trading on Berachain begins–bro.trade is here for you!…
With 50+ markets and the leverage you need, dive into the majors like ETH and BTC with 20x leverage, or satisfy your degen cravings with a meme token. Whatever you're looking to trade, the bros have you covered…”
BroTrade is the perfect example of how Vertex is increasingly spanning all of defi via their brilliant perps liquidity engineering! Between instances like BroTrade and actual deployments of the Vertex brand itself, they are planning to be on over 25 chains by the end of 2025!
Make sure to follow for @brotrade_DEX and @vertex_protocol for more updates and stay tuned as we keep banging the drum about what they are doing!
Biggest TVL Movers + Else
Chains are mostly red today. Top 25 chains green on the monthly are BSC (#4), Aptos (#11), Sonic (#13), Hyperliquid L1 (#14), Zircuit (#17), Cardano (#19), and Sei (#22).
Protocols are also mostly red today. Only top 25 protocols green on the monthly are Venus (#23), and Pancakeswap (#24).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (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 we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @mrdn_ai. Twitter bio states “Making markets speak your language”. Followed by 17 of our mutuals. h/t @AresLabs_xyz and @bqbrady:
-Something new called @yeet. No Twitter bio. Followed by 34 of our mutuals. h/t @AresLabs_xyz:
-Something new called @tplr_ai. Twitter bio states “incenτivised inτerneτ-wide τraining”. Followed by 16 of our mutuals. h/t @AresLabs_xyz and @563defi:
-Something new called @machina__io. Twitter bio states “Machina iO ("mah-kin-ah"), a project within @PrivacyScaling , aims to move iO from theory to practice. We publish papers and write code.” Followed by 4 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $25M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-All sorts of attention on Trump and the ‘Crypto Summit’ today and all of the related… here is the actual tweet from ‘Crypto Czar’ David Sacks breaking it down:
-@LDNCryptoClub on the above:
-Lots of focus on the drop in stocks over the last two weeks, h/t @KobeissiLetter:
-Significant drop in the DXY (US Dollar index) this week is generating a lot of attention - bullish take from @BittelJulien below:
-Alts have been crushed over the last 90 days, h/t @0xG00gly:
-Searches for “memecoins” are also down dramatically, h/t @TheDeFinvestor:
-New February jobs numbers, h/t @WarrenPies:
-Interesting breakdown of Trump family’s WorldLibertyFi holdings:
-MakerDAO has launched on Arbitrum after many years of sticking to ETH Mainnet only, h/t @hasufl:
-Tradfi evolution to 24 hour stock trading continues:
-Breakdown of everything airdrop-related from @OlimpioCrypto via @Earndrop_io (click for link to full thread of links and checkers and etc):
-New weekly roll-up from @BanklessHQ:
-New episode of @thebellcurve:
-New crypto/macro livestream from @noahseidman currently airing live as we publish this:
-New interview with @RyanWatkins_ from @JackNiewold:
-New discussion between @phtevenstrong The Calculator Guy and @Dynamo_Patrick:
-New interview with @0xBreadGuy from MegaETH from @Blocmatesdotcom:
-Parting wisdom from @BowTiedBull:
Conclusion
Have a great Friday good degens and stay hypervigilant out there!
And please RT/subscribe/etc if you found this valuable!
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Note
Attention has shifted away from the AI Agent meta temporarily… but there are massive advances taking place within it… and the team at @Cod3xOrg are at the absolute forefront of them!
As a reminder, Cod3x is a fully hosted AI agent creation platform in an easy-to-use web app- from legendary defi builder @0xBebis_ and co- that we have been helping spread the word about!
As stated in the article below, Cod3x is to the AI market as Wordpress was to websites or Shopify was to e-commerce… and is poised to revolutionize the entire nascent crypto x AI sector…
If you have any interest in the confluence of crypto and AI then it is crucial you read their newest article about everything they have been shipping…
And check out this new video of their system in action that they just posted to Twitter:
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor @vertex_protocol 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.