Happy Friday fellow crypto-enjoyoors! Lots of stuff going on!
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: $1,947.60
Oil (WTI): $71.76
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Attention yield maximalists: Check out the important alfa re: @steadefi below!
As background… Steadefi is an extremely cool protocol on Avalanche and Arbitrum we’re helping raise awareness about…
They provide automated risk and position management for stress-free leveraged yield farming, and also clear risk-off and risk-on tracks as well.
They just released the below vaults involving @CamelotDEX, and have (possibly?) more on the way :)
Check our their dApp and follow them on Twitter and consider grabbing some $esSTEADY before the below vaults start going brr!
Biggest TVL Movers
Chains are mixed today. Biggest gainer on the monthly among top 30 chains is Arbitrum (#4) at +6.45%, and biggest loser is Fantom (#12) at -32.64%.
Protocols are mostly green today. Biggest gainer on the monthly among top 100 protocols is Chronos (#56) at +2,925%, and biggest loser is ParaSpace (#65) at -52.86%.
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)
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!)
-New protocol on Sui called @navi_protocol. Twitter bio states “First Native One Stop Liquidity Protocol on #Sui…”
-New protocol called @AstariaXYZ. Twitter bio states “astaria... a web+ project…”
-Something on CoreChain called @AUTOCoreChain has been added to @DefiLlama. Twitter bio states “A #DAO structured #DeFi #Yield #Optimizer on #CoreChain to automize your investments. $ACORE”.
-New perps dex on BSC called @KTX_finance has been added to @DefiLlama. Twitter bio states “Decentralized Derivatives and Social Trading Platform. Trade and earn with the lowest fee and up to 50x leverage.”
-New PulseChain dex called @1PulseDex has been added to @DefiLlama. Twitter bio states “The People's DEX on PulseChain. Boosting the Pulse Ecosystem one day at a time”.
-New protocol on Arbitrum called @GBdotFi has been added to @DefiLlama. Twitter bio states “Community-owned decentralized lending platform with ve(3,3) model.”
-New LSD protocol on Arbitrum called @etherberryfi has been added to @DefiLlama. Twitter bio states “Organic LSD Defi platform on Arbitrum | Plant your $ETH (and more) to start earning $BERRY. Genesis Farms are LIVE. #ETH #Arbitrum #DeFi”.
-Previously-mentioned @mayfairfund has been added to @DefiLlama. Again, Twitter bio states “Smart Beta DTFs Issuer on #Arbitrum & #zkSync. Invest, Trade, Earn.”
-New Filecoin protocol called @MFILDAO has been added to @DefiLlama. Twitter bio states “The First decentralized & FVM-based liquidity pledge product.”
-New protocol called @cubexch. Twitter bio states “Your trades, your crypto.” h/t @AresLabs_xyz:
Security Alerts
-@BlockSecTeam released the following alert:
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)
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-US politicians continuing to work toward debt ceiling resolution:
-The first BRC-20 stablecoin has apparently launched, h/t @redphonecrypto:
-Number of tech stocks doing well so far this year in tradfi land:
-Very interesting chart from @JLabsJanitor:
-Top protocols being used by early zkSync whales include @syncswap, @izumi_Financeand, and @mute_io, according to @nansen_ai:
-Bear market observations from @HsakaTrades:
-Excellent new thread + Substack going over a variety of interesting defi stories and data points, from @CurveCap (link to Substack article in last tweet of thread):
-Interview with Andre Cronje from @TheBlock_ on Fantom and the Multichain situation:
-Good thread on @CurveFinance’s $crvUSD and LLAMA mechanism from @smyyguy via @blockworksres:
-New ‘NFA Live’ livestream featuring @coinbureau, Rob from Digital Asset News, and Benjamin Cowen @intocryptoverse:
-Excellent new macro/crypto livestream from @noahseidman:
-New ‘Chopping Block’ roundtable discussing EigenLayer and Vitalik’s recent blog post, from @Unchained_pod:
-New @Ceazor7 video discussing NFT lending protocol @JPEGd69, which has gained attention as of late after adding Milady vaults:
-Parting sentiments c/o @myBlockBrain:
Conclusion
Have a great Friday and stay alert out there friends!
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.