Happy Wednesday good degens! Tons of stuff going on!
Let’s get after it!
As always… 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 @CryptoBubbles):
Total Crypto Market Cap: $3.51T
QQQ (Nasdaq 100): $520.85
Gold: $3,293.50
Oil (WTI): $61.91
US 10Y Treasury: 4.497%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Other Interesting Data
Chains are flat to green today. Biggest gainer on the monthly among top 50 chains is Goat (#42) at +13,427%.
Protocols are flat to green as well today. Biggest gainer on the monthly among top 50 protocols is Maple Finance (#32) at +69.12%.
Here’s The Top 12 Best-Performing Chains By TVL On The Weekly With At Least $100M TVL: (from @DefiLlama):
Here’s The Top 12 Best-Performing Protocols By TVL On The Weekly With At Least $100M TVL: (from @DefiLlama):
Here’s The Top Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
New Projects
(note: this includes new projects we find through combing Twitter each day and going through newly launched protocols added by @DefiLlama, limited primarily to new projects that have at least some TVL or are followed by at least some of our mutuals… Disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @revealcamfun. Twitter bio states “🍌 coin to conceal, buy to reveal. coming soon. 📸” Followed by 17 of our mutuals. h/t @AresLabs_xyz and @startupoppa:
-Something new called @routstrai. Twitter bio states “a decentralized AI inference protocol and marketplace that leverages Nostr for censorship-resistant communication and Cashu for micro transactions”. Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-Something new called @pvp_dot_duel. Twitter bio states “pvp duels on telegram. coming soon to @daosdotworld on hyperliquid.” Followed by 6 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $5M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
-Lots of headlines from Las Vegas Bitcoin Conference today, h/t morning news from @Tyler_Did_It:
-Update on the Altcoin Season Index from @DaanCrypto (note: on the 30 day its 32% of top 100 tokens that have outperformed $BTC - so not that different but slightly hotter):
-Arbitrum made headlines yesterday by announcing a Kaito campaign, allocating 400,000 ARB tokens over three months:
-Lots of excitement over FTX distributions but there are some important nuances to be aware of, h/t @tztokchad and @milesdeutscher:
-Security alert re: @Corkprotocol, h/t @PeckShieldAlerts:
-More info on the Plasma public sale via Cobie’s @echodotxyz platform that is generating lots of attention currently, h/t @ZoomerOracle:
-Kaito is apparently now letting you input your email address to receive alerts on airdrops:
-Sophon/$SOPH airdrop is apparently now live, h/t @Tyler_Did_It:
-Good list of upcoming Kaito staking airdrops from @0xJohannes_:
-OKX de-listings, h/t @WuBlockchain:
-Concerns mounting over the potential impact of AI on white collar jobs, h/t @patfscott and @MichaelAArouet:
-Interesting potential bright spot regarding the above, however, in terms of Trump’s new bill and software development costs, h/t @ghosttyped:
-Roundtable featuring the Winklevoss twins and David Sacks from Bitcoin Las Vegas:
-New interview with @0xshei - founder of OneSafe- from @patfscott Dynamo Defi:
-New macro interview with David Cervantes @EconstratPB - from @fejau_inc at Blockworks:
-New interview on “the state of Solana” with Kyle Samani and Chris Heaney:
-New interview with macro gigabrain Doomberg:
-New crypto/macro livestream from @noahseidman (airing live as we publish this):
-“Never listen to anyone in crypto who only speaks in certainties They have not learnt enough to realize how much they do not know” - parting wisdom from @LouisCooper_:
Conclusion
Happy Wednesday friends and stay alert out there!
And please RT/subscribe/etc if you found this valuable!
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Note
The AI x Crypto meta has been quiet of late but a tons of building is taking place beneath the surface, and @Cod3xOrg is at the heart of it!
Founded by well-respected defi veteran @0xBebis_, Codex has been cooking incredibly hard within nascent DeFAI agent-sphere!
Want to learn more?
-Check out the @Cod3xOrg account on Twitter!
-Follow @0xBebis_ on Twitter!
-And check out this cool new Arbitrum DeFAI competition that Cod3x is a part of!
And stay tuned as we keep shining a light on everything Cod3x is doing!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official 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.