Happy Saturday degens!
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 Update
Crypto (from @TickerTop and @cryptobubbles24:
Gold: $2,010.50
Oil (WTI): $70.04
Stocks (from @news4moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Our humble editor @rektdiomedes has become an Ambassador for @silentdao_. Silent is an extremely interesting new privacy service aiming to allow on-chain defi users to interact with protocols in a private manner…
If you’d like to learn more, make sure to check out the excellent thread below from @jinglingcookies!
Biggest TVL Movers
Chains are mixed today. Only top 50 chains green on the monthly are Arbitrum (#4), Algorand (#19), Rootstock (#24), Stacks (#37), and Injective (#49).
Protocols are very green today. Top 100 protocols up at least 10% on the monthly include Alpaca Finance (#24), Radiant (#32), Ondo Finance (#57), Kava Lend (#60), Wombat Exchange (#61), Gamma (#71), Wombex Finance (#86), Kava Earn (#98), and Kava Liquid (#99).
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 Chains By 7-Day Stablecoin Inflow % (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!)
-Something called @universe_swap doing its IDO. Twitter bio states “Dex and Launchpad that will live and work in the #Arbitrum #ArbitrumNova #BSC ecosystem. Minimalism and perfection.”
-Previously-mentioned @steadefi has been added to @DefiLlama. Again, Twitter bio states “#Arbitrum / #Avalanche Leveraged yield strategy vaults with auto risk management. Isolated lending pools with dynamic profit-sharing.” [Also disclaimer we are working with @steadefi to raise awareness about what they’re doing via the Spotlight section]
-A new protocol called @Starkex_org has been added to @DefiLlama. Twitter bio states “StarkEx——AMM,Liquidity Farms,and Reward pools on StarkNet. StarkEx is also a community-based and open-source ecosystem for DeFi! Say goodbye to CeFi!”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $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)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Binance shuts down operations in Canada:
-Richard Heart’s Pulsechain has gone live, h/t @phtevenstrong:
-Stablecoin supply/liquidity continues to decline, h/t @dunleavy89:
-Do Kwon released on bail in Montenegro:
-BSC active addresses continuing to see growth:
-You can now search Ethereum addresses in Google and see the account’s balance and a link to Etherscan, h/t @RichJWidmann:
-Newest inflation data from @truflation:
-Recent Beacon Chain finalization issues generating discussion, h/t @BanklessHQ example below:
-Interesting security thread relating to Twitter from @alexandre_lores:
-Very detailed thread from @Crypto_McKenna on Arbiturm and $ARB:
-Good thread on self-discipline in crypto investing from @IAmZeroIka:
-@natbrunell interviewed noted macro commentator @NorthmanTrader:
-New crypto/macro livestream from @noahseidman:
-@BanklessHQ released their weekly roll-up video, with discussion of BRC-20 tokens:
-New roundtable discussion from @theempirepod featuring @MikeIppolito_, @JasonYanowitz, @im_manderson, and @pythianism:
-New video from Wealthion @menlobear on recent statements by Warren Buffett and Stanley Druckenmiller:
-Parting wisdom from @0xnocta:
Conclusion
Have a great Saturday degens and don’t forget to touch some grass!
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.