Happy Tuesday friends! Lots of stuff going on and tradfi markets back open!
Let’s dive in!!!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles24):
Gold: $2374.90
Oil (WTI): $78.63
US 10Y Treasury: 4.465%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention active tradoors! Six new perps listings have been added to @vertex_protocol, including several coins that have been generating massive attention as of late!
The new listings include:
-$TON
-$MNT
-$WIF
-$ONDO
-$FTM
-$ENA
This brings the total number of available assets on Vertex to over 40! You can trade them via leverage or spot, and earn all sorts of high apr’s by providing liquidity as well!
Get started now on their site at http://app.vertexprotocol.com!
And- as always- Vertex is our Official Sponsor, so make sure to follow them on Twitter for continued updates!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chains red on all three timelines (daily, weekly, monthly) include Pulsechain (#23), Osmosis (#32), and DefiChain (#50).
Protocols are mostly red today. Only top 50 protocols red on all three timelines (daily, weekly, monthly) include Convex Finance (#26), Marinade (#27), JustStables (#29), and Stakestone (#47).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $5M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $5M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New project called @LLM_eth. Twitter bio states “Decentralized & Uncensored Multimodal AI bot ⟠ ⟠ ⟠ bot is live on telegram...” Followed by 6 of our mutuals.
-Something new called @Network_Cosmic_. Twitter bio states “Accessible and Affordable Decentralized VPN powered by DePIN.” Followed by 14 of our mutuals. h/t @eli5_defi:
-Something new called @MazzeLabs. Twitter bio states “Mazze is a layer 1 blockchain, offering redefined performance with its PoW-based DAG architecture, achieving 40,000 TPS and 1s finality with a focus on privacy.” Followed by 10 of our mutuals. h/t @eli5_defi:
-Something new called @AOVM_AI. Twitter bio states “The AI layer blockchain.” Followed by 11 of our mutuals. h/t @eli5_defi:
-Something new called @iron_xyz. Twitter bio states “Building the world's first on-chain bank…” Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-New yield aggregator on Solana called @NX_Finance has been added to @DefiLlama. Twitter bio states “✨ First PointFi X Yield Aggregator on @Solana ✨ 10X $JLP yield leverage ✨ 50X leverage farm $KMNO Point ✨ Beta of $SOL Defi”. Followed by 11 of our mutuals.
-New dex on Taiko chain called @TaikoSwap_ has been added to @DefiLlama. Twitter bio states “The go-to DEX for degens built on @taikoxyz. #CallOfTaiko ... Please note that we are not affiliated with the #Taiko team.” Followed by 3 of our mutuals.
-New dex on Taiko chain called @DaikoDex has been added to @DefiLlama. Twitter bio states “Explore New Horizons of Trading with DaikoDEX @taikoxyz...” Followed by 1 of our mutuals.
Security Alerts
-No security alerts today.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Movement of Mt Gox Bitcoin generating much attention, h/t @TheBlock__:
-Bullish stat re: $ETH on exchanges at six-year lows, h/t @Cointelegraph:
-Aave is apparently looking to launch its own chain or ‘unified liquidity layer’, which would make it the 3rd largest chain in all of crypto currently, behind ETH Mainnet and Tron, h/t @StaniKulechov and @lemiscate:
-There are now six memecoins with a market cap above $1B, h/t @osf_rekt:
-Latest real-time inflation data from @truflation continues to creep up a bit:
-Additional news headlines c/o @Cprinze_:
-Another fascinating tradfi insight from @WarrenPies:
-$COIN chart looking quite bullish as per @ByzGeneral:
-Total market cap of AI coins still only $32.7B, h/t @CryptoKaduna:
-Interesting long-$XRP trade thesis from @goodalexander:
-Bullish macro/crypto thoughts c/o @LDNCryptoClub:
-Latest overview of top crypto news stories from @coinbureau:
-Update on everything ETH tech related from @sassal0x:
-Interesting new video from @BanklessHQ interviewing former CFTC Chair Timothy Massad on the topic of stablecoins and their future:
-Parting wisdom c/o @TylerDurden:
Conclusion
Happy Tuesday friends! Let’s get after it!
And please RT/subscribe/etc if you found this valuable!
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Note
Our friends at @silentdao_ keep working diligently behind the scenes to develop a truly revolutionary solution to the issue of on-chain privacy…
In this regard, Silent is essentially meant to be a middleware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself...
Our editor @rektdiomedes has been helping bang the drum about what the @silentdao_ team have been building, so make sure to follow them on Twitter for more updates.
They also just published a very important article, so make sure to check it out here or via the link in the tweet below!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor 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.