Happy Wednesday 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 Update
Crypto (from @TickerTop and @cryptobubbles24):
Gold: $1,978.00
Oil (WTI): $73.72
Stocks (from:@News4Moves):
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 re: Frax Finance below!
Biggest TVL Movers
Chains are mixed today. Top 30 chains green on all three timelines (daily, weekly, monthly) are Tron (#2), Polygon (#5), Cardano (#17), and zkSync Era (#20).
Protocols are mixed today as well. Top 100 protocols green on all three timelines (daily, weekly, monthly) include Conic Finance (#75), RealT (#78), and Lybra Finance (#89).
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!)
-Something new on Sei called @interest_dinero has been added to @DefiLlama. Twitter bio states “Swap, Lend, Borrow and Farm on the Next Generation DeFi protocol ⚡…”
-New Pulse Chain dex called @ComponentSwap has been added to @DefiLlama. Twitter bio states “Component Swap is an AMM for assets of the same numeraire”.
-Something new called @AvelyFinance has been added to @DefiLlama. Twitter bio states “Liquid staking protocol on Zilliqa blockchain”.
-New dex on zkSync called @zkswap_official has been added to @DefiLlama. Twitter bio states “#zkSync powered AMM DEX with Limit Orders, Launchpad, Farming, NFTs & Vaults. Fully audited and KYCed | Presale on May 24, 2023, at 16:00 UTC.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types minimum $5M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-@PeckShieldAlert released the following alert:
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Ledger to delay the launch of its controversial new “Ledger Recover” feature:
-@truflation dips below 3%, h/t @profplum99:
-Lot of bullish sentiments going around about Hong Kong’s decision to allow retail crypto trading, h/t @HsakaTrades:
-US banking stress ongoing:
-More interesting innovation re: wallets:
-Interesting data visualization + thread on MEV attacks from @ponzinomics21:
-Interesting thread from @sandraaleow on the ongoing debate about turning on Uniswap’s ‘fee switch’:
-New livestream on ‘The future of Bitcoin’ from @BanklessHQ featuring @nic__carter, @UdiWertheimer, and @ercwl:
-New Q&A video from macro gigabrain @LukeGromen:
-New livestream from @leviathan_news featuring @trader_insights, @CurveCap, and @SalomonCrypto going over all the day’s top crypto stories:
-The Jay Martin show interviewed @LynAldenContact about the state of macro, the debt ceiling, Bitcoin, and more:
-Market sentiments going into summer from @stackhodler:
-Parting wisdom c/o @jake_pahor:
Conclusion
Happy Wednesday friends and 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.
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