Happy Monday friends! 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 :)
Market Update
Crypto (from @TickerTop and @cryptobubbles24):
Gold: $1,979.70
Oil (WTI): $71.28
Stocks: (N/A)
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
@Equilibriafi is a new project built atop @Pendle_fi that we’ve been helping raise awareness about!
Pendle has been attracting immense amounts of attention and TVL, and Equilibria is jumpstarting the #PendleWars with their launch!
Make sure to follow Equilibria on Twitter and check out their newest announcement thread below!
Biggest TVL Movers
Chains are mostly red today. Some notables include Pulse up 27.19% on the daily into spot #8 by TVL, and zkSync Era up 12.15% on the weekly into spot #20.
Protocols are mostly red today as well. Top 100 protocols green on all three timelines (daily, weekly, monthly) include JustStables (#13), PinkSale (#39), Blur (#52), Gamma (#63), Camelot (#73), and Conic Finance (#74).
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 called @Teyaswap. Twitter bio states “Teya swap: trade #BRC20 tokens easily with Ordinal protocol/ #brc21 protocol. Unlocking the infinite future of the BRC defi ecosystem”.
-New protocol on Sei called @Seaswap_sei. Twitter bio states “Layered DeFi platform built on @SeiNetwork 🚢(OTC swap, Bonding Curve launchpad, permissionless DEX, token creator)”. h/t @SeiNetwork below:
-Something new called @bumperfinance. Twitter bio states “Bumper protects the value of your crypto using a radically innovative DeFi protocol.”
-Something new called @TigrisTrades. Twitter bio states “Decentralized trading platform. Pyth oracles with instant execution. Trade Forex and Crypto with 2x-500x lev”.
-New dex aggregator called @MetaMax_labs. Twitter bio states “A multichain aggregator of DEX aggregators offering you the best possible price at zero fees.”
Security Alerts
-Update on Tornado Cash situation c/o @0xngmi and @0xdface:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, single-exposure, and 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)
-Today is ‘Bitcoin Pizza Day’:
-The week ahead in macro from @_FabianHD:
-President Biden references ‘crypto traders’ in discussions over debt ceiling situation:
-Historical ‘Bitcoin Pizza Day’ $BTC prices from @coingecko:
-More interesting alfa(?) from @redphonecrypto (who first coined the idea of a ‘BRC-20’ standard):
-Chart of daily transactions on Polygon zkEVM vs StarkNet vs zkSync Era from @Dynamo_Patrick:
-In macro news, Apple now makes up 7.4% of the S&P 500, a record for the largest % represented by any single company:
-Vitalik released a new blog post that generated intense discussion on Twitter:
-$LBR @LybraFinanceLSD getting lots of attention the last few days, example from @CryptoNikyous below:
-$SNX alfa from @MattLosquadro:
-Skeptical take on prospect of Fed dovishness from @UrbanKaoboy:
-New thread on @GMX_IO’s V2 from @tanoeth:
-Bullish sentiments/charting from @DTAPCAP and @RaoulGMI:
-New weekly macro recap/insights from Joseph Wang @FedGuy12:
-Parting wisdom from @cyounessi1:
Conclusion
Happy Monday 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.