Happy Monday degens! Big week ahead of us!
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 again :)
Market Updates
Crypto (from coingecko(dot)com and cryptobubbles(dot)net):
Gold: $1,979.90
Oil (WTI): $76.00
Stocks: N/A
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
The gents at @NestedFi have been our official monthly sponsor for the last 6 months and we have become exceptionally close with them in that time!
Our readers likely know them front to back at this point, so we are pivoting from having them as the official monthly sponsor to just highlighting important announcements from them (and our editor @rektdiomedes will be doing some ambassadooring for them on Twitter!).
The team at Nested are incredible dudes and they are truly building an amazing product - we heartily encourage any and all degens to follow their Twitter, try out their site, and keep their eyes peeled for all the updates Nested will be releasing this year! :)
Biggest TVL Movers
Chains are very red today. Only top 50 chains up over 10% on the weekly are zkSync Era (#20), Telos (#37), and Conflux (#44).
Protocols are also very red today. Only top 100 protocols up at least 10% on the weekly are Alpaca Finance (#36), and Blur (#65).
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 Dex’s By 7 Day Volume (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 protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New protocol called @GhastProtocol. Twitter bio states “Liquidation-Free Lending Market for $USDC, $ETH, and $BTC Delta-Neutral Vaults Leverage to boost your $GLP Yield by 195%”.
-Something new called @LenaSwapDex. Twitter bio states “An AI DEX built to illuminate the #Arbitrum $LENAI $LENAI available on Uniswap! 👉0x8Aa50Ed955ee10eb6Be2663DF3ffE22Feea0e495”.
-Something new called @Zenith_cash. Twitter bio states “The first leveraged yield farming protocol based on LSD. Everything you need for the upcoming LSD summer 🚀🚀🚀 #LSD #ETH #DeFi #Crypto”. h/t @monosarin via @FungiAlpha:
-New zkSync protocol called @RobotFinancexyz. Twitter bio states “Automated alpha-intensive DeFi derivatives trading strategies, built on top of @derivio_xyz , native to @zksync”. h/t @monosarin via @FungiAlpha:
-New Ordinals marketplace called @bioniqMarket. Twitter bio states “The world's fastest BTC ordinals marketplace. - No gas/network fees - Extremely fast - Secure token bridging”. h/t @monosarin via @FungiAlpha:
-New project called @d3x_xyz. Twitter bio states “Bring Liquidity to Everything 💧💦🌊”. h/t @monosarin via @FungiAlpha:
-New zkSync protocol launching soon called @cycleswap_. Twitter bio states “The first concentrated liquidity AMM on #zkSync driving ve(3,3) mechanisms. To be launched soon on Era.” h/t @monosarin via @FungiAlpha:
-New project called @Swaptor_. Twitter bio states “Swap tokens directly with anyone. Swaptor is the next level P2P secure trading platform. Public launch Q2 2023 🚀 Link for beta testing 👇”. h/t @monosarin via @FungiAlpha:
-Note: A bunch of the above are via the hard work of @monosarin and @FungiAlpha! Please make sure to follow both of them on Twitter!
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-News just came out that JP Morgan will be absorbing First Republic, as US banking crisis continues:
-Next Fed rate hike decision is this week:
-$PEPE continues its upward trajectory, garnering more and more attention:
-Outline of the week ahead in crypto from @Dynamo_Patrick:
-Outline of week ahead in macro c/o @_FabianHD:
-Interesting chart from @glassnodealerts:
-BRC-20 updates from @LeonidasNFT:
-Good overview of current market conditions from @Flip_Research:
-Another massive thread from @concodanomics for our geekiest macro fans:
-New interview with gigabrian macro investor @hkuppy:
-Latest video from Benjamin Cowen @intocryptoverse:
-Good current crypto recap/overview just published by @MilesDeutscher:
-Newest macro video from esoteric Eurodollarist Jeff Snider:
-Parting wisdom from @DegenSpartan and @crypthoem:
Conclusion
Have a great Monday friends! Let’s get after it!
And please RT/subscribe/etc if you found this valuable! :)
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Note
We are huge fans of @DefiLlama! The amazing free data they provide is used extensively in every issue of The Daily Degen…
If you have the capability, we would highly recommend donating to their amazing team! Note: We are not affiliated with them nor is this sponsored or anything, just trying to give credit/spread awareness of how to support them :)
Here’s a screenshot showing how to access the ‘Donation’ page:
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