Happy Thursday friends!
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: $1,980.00
Oil (WTI): $72.61
Stocks (from @news4moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Update: @Equilibriafi is having their IDO and wants to open up a few whitelist spots for our readers!
As background… Equilibria is a new project built atop @Pendle_fi that we’re helping raise awareness about!
Pendle has been attracting immense amounts of attention and TVL, and Equilibria is jumpstarting the #PendleWars with their launch!
If you are a fan of Equilibria and are legitimately interested in investing in their IDO, then dm us on Twitter (@thedailydegenhq) and the first 10 folks who do so can get access to the Equilibria IDO whitelist :)
Also make sure to follow Equilibria on Twitter for more updates!
Biggest TVL Movers
Chains are mixed today. Top 50 chains green on all three timelines (daily, weekly, monthly) include Arbitrum (#4), Moonbeam (#33), Stacks (#37), and Injective (#46).
Protocols are mostly green today. Top 100 protocols up at least 10% on the weekly include Synthetix (#24), Blur (#51), 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 new on Sei called @FuzioNetwork. Twitter bio states “Blurring the Boundaries Between DeFi and CEX. Launching on @SeiNetwork 🚢”.
-Something called @RolluxL2. Twitter bio states “The World's First Rollup Secured by #Bitcoin.”
-Previously-mentioned @gravitaprotocol has been added to @DefiLlama. Twitter bio states “An $ETH-centric Borrowing Protocol for LSTs. Fueling decentralization.”
-Previously-mentioned @DovishFi has been added to @DefiLlama. Twitter bio states “Innovative DeFi on zkEVM. Swap tokens on Polygon zkEVM...Trade perps...”
-Previously-mentioned @prime_protocol has been added to @DefiLlama. Twitter bio states “Prime Protocol is a cross-chain prime brokerage that allows users to borrow against the value of their entire portfolio of assets.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, no-IL, and single-exposure 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)
-Ledger continues to generate intense discussion, with much criticism being lobbied at the hardware wallet maker:
-Tether announces it will use 15% of profits to buy Bitcoin:
-Related bearish reminder from @NorthRockLP re: coming sell pressure however:
-Axie Infinity to be in Apple App Store:
-Debt ceiling still unresolved, c/o @NorthmanTrader:
-@GMX_IO alfa from @0xBobdbldr?
-Credit conditions tighter than at anytime in last 40 years, c/o excellent thread by @dunleavy89:
-Starknet TVL hits $10M, h/t @Dynamo_Patrick:
-Uniswap will be deploying on Polkadot’s Moonbeam network:
-@truflation update:
-Newest livestream from @leviathan_news featuring @CurveCap, @DAdvisoor, and more, going over all the latest news in crypto/defi:
-@BanklessHQ interviewed Ledger CTO Charles Guillemet @P3b7_:
-Brand new video from @TaikiMaeda2 with his latest thoughts on defi landscape:
-Parting wisdom c/o @DegenSpartan:
Conclusion
Happy Thursday friends! 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.