Happy Friday degens let’s get after it!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom as always!
NOTE: The Twitter/Substack tweet-embedding function still appears to be broken, so we have screenshotted and hyperlinked them :)
Market Updates
Crypto (from @TickerTop and @cryptobubbles24:
Gold: $2,007.80
Oil (WTI): $70.31
Stocks (from @news4moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Attention traders and yield maximizoors: we have some new alfa from the good gents at @pendle_fi!
As background- in case you don’t know- Pendle is an extremely cool yield/derivatives protocol on ETH Mainnet and Arbitrum that we’ve been helping raise awareness about, that has been generating intense interest and gaining TVL at a massive pace as of late…
Check out their latest announcement re: their new Pool 三 below!
Biggest TVL Movers
Chains are very red today. Only top 50 chains green on the weekly are Kava (#12) and Stacks (#40).
Protocols are also very red today. Only top 100 protocols green on both the weekly and monthly are Alpaca Finance (#25), Arrakis Finance (#37), PinkSale (#39), Ondo Finance (#57), Kava Lend (#60), Wombat Exchange (#61), OKC Liquid Staking (#70), RealT (#77), MatrixDock (#85), Wombex Finance (#87), and Gains Network (#97).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
Fees:
(from cryptofees(dot)info)
New Protocols
(note: this includes new defi protocols 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 being built called @renegade_fi. Twitter bio states “On-chain dark pool. MPC for anonymous midpoint crosses…” h/t @Moomsxxx:
-Something new called @peerswapotc. Twitter bio states “Customized OTC platform built on ArNchway 🟠 OTC / Arbitrage / Fundraise / Swap / NFT”. h/t @AresLabs_xyz:
-New protocol on Arbitrum called @KyborgExchange has been added to @DefiLlama. Twitter bio states “AMM with concentrated liquidity | multiple fee tiers per pool | keeper-less limit orders 💙🧡...”
-New protocol on zkSync called @starmakerzksync has been added to @DefiLlama. Twitter bio states “A Decentralized Fundraising and Trading Platform on #zkSync”.
-Newish Algorand protocol called @meldgold has been added to @DefiLlama. Twitter bio states “Experience the digital gold revolution and future-proof your business... Powered by #Algorand @algorand".
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $5M+ 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)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-One month treasury bills now at 5.81%:
-Majority of $PEPE trading volume now on cex’s… via good thread from @Sorcerer_DeFi:
-Number of Americans saying inflation is US’s most important problem has declined from 20% to 9% since last fall:
-Tether apparently reinvesting profits into Bitcoin, h/t @girevik_:
-Good thread from @0xFinish on @LidoFinance V2:
-@Blockworksres released an interesting thread on @kwenta_io:
-Two good security threads, from @stacy_muur and @MichaelKdcl:
-Noted macro genius/curmudgeon @profplum99 appeared on the Macro Voices podcast:
-New crypto news roundup/commentary from @blocmatesdotcom featuring @danblocmates:
-Good macro interview with @jnordvig from @Blockworks_:
-@waqwaqattack interviewed Aave OG and defi gigabrain @lemiscate:
-New video going over all the main perp dex’s from @ThorHartvigsen:
-Parting wisdom from @Dynamo_Patrick and @lou_markets:
Conclusion
Happy Friday degens! Stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
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Note
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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.