Happy Thursday 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: $1,956.90
Oil (WTI): $74.20
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Attention LSDfi fans and flywheel-enjoyoors: the gents at @Equilibriafi have some more big announcements!
As recap, Equilibria is an LSD governance aggregator, primarily focused right now on @Pendle_fi and the #PendleWars, that we’ve been helping raise awareness about as of late…
The Chads at Equilibria are aiming to become the main on-chain LSD governance aggregator long-term, so if you are bullish on LSD-oriented protocols you should definitely look into them more!
Check out the big announcements from their Twitter account below and make sure to follow them for more info!
Biggest TVL Movers
Chains are very red today. Only top 20 chains green on both the weekly and monthly are Tron (#2), Polygon (#5), Cardano (#17), and zkSync Era (#20).
Protocols are also very red today. Only top 100 protocols green on all three timelines (daily, weekly, monthly) are Arrakis Finance (#38), OKC Liquid Staking (#72), Conic Finance (#74), Lybra Finance (#80), and MatrixDock (#85),
Here’s The Top 12 Fastest-Growing Chains By Weekly TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By Weekly TVL (from @DefiLlama - minimum $1M TVL ):
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)
Fee Generation:
(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 @Forcefi_io on Arbitrum. Twitter bio states “The permissionless launch "lab" of Arbitrum, powered by independent curators.” h/t @ArbitrumDailyTK:
-Something new called @SyncBankxyz. Twitter bio states “A 🏦 Simple yet outstanding money market on #zkSync... | ♋️ $SCB Yield Boosting & Revenue Sharing & Auto Buyback systems.” h/t @MercyDeGreat:
-New NFTfi protocol called @lenftapp. Twitter bio states “NFT liquidity. Reimagined.” h/t the following thread from @0xHint:
-Something new called @deerprotocol2. Twitter bio states “🦌 Deer Protocol: Decentralized protocol in @BNBCHAIN with deflationary token.”
Security Alerts
-Update on recent Tornado Cash exploit from @PeckShieldAlert:
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)
-Rumors about major defi bridge @MultichainOrg and a tweet from their account referencing ‘force majeure’ generating intense speculation:
-Non-critical coverage of crypto by China’s CCTV yesterday generated a lot of discussion (including below quote-tweeted sentiment from CZ), h/t @xingGorilla:
-In tradfi land, Nvidia’s stock had a green candle equaling more than $ETH’s entire market cap yesterday:
-Another story suggesting crypto may be a regularly talked about issue in the coming election cycle:
-Do Kwon has bail revoked in Montenegro:
-Short thread from @apes_prologue looking at implications of @MultichainOrg rumors:
-Interesting thread of charts/data/insights by @francescoweb3:
-Fascinating synopsis of the BEN token saga, c/o @JackNiewold:
-Excellent interview with @LukeGromen that @Blockworks_ just published:
-New livestream from @blockbytescom going over all the days news including the Multichain rumors and more:
-Another excellent livestream from @leviathan_news going over all the day’s top stories:
-Parting wisdom from @pythianism and @santiagoroel:
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.