Happy Sunday friends! Tradfi markets closed but crypto never sleeps!
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 @CryptoBubbles):
Gold: $2310.10
Oil (WTI): $78.11
US 10Y Treasury: 4.497%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @silentdao_ keep working diligently behind the scenes to develop a truly revolutionary solution to the issue of on-chain privacy…
Our editor @rektdiomedes has been helping bang the drum about what @silentdao_ have been building, and the architecture being developed is intended to permanently change the defi landscape.
Once again, Silent is a middleware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself... Make sure to follow the official @silentdao_ Twitter account so you don’t miss any important updates!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chains green on all three timelines are Fantom (#32), and MAP Protocol (#41).
Protocols are mostly green today. Top 50 protocols green on all three timelines (daily, weekly, monthly) include Pendle (#7), Zircuit Staking (#12), Swell (#20), Venus (#21), Morpho (#22), Magpie Ecosystem (#32), Solv Protocol (#34), and Subsea Protocol (#49).
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 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
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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!)
-Something new called @theopenphonehq. Twitter bio states “The open Phone brings most innovative blockchain to every pocket. #ton”. Followed by 8 of our mutuals. h/t @AresLabs_xyz:
-Something new called @KioskSocial. Twitter bio states “Kiosk is a new Farcaster client where social meets onchain.” Followed by 15 of our mutuals. h/t @AresLabs_xyz:
-New project called @MeccaExchange. Twitter bio states “HyperPerps (launching soon) On-boarding 1.9 Billion Muslims to Web3 (24.1% world's population) #Inshallah to get access”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-New project called @KivaAi. Twitter bio states “Supporting the next generation of AI applications”. Followed by 4 of our mutuals.
-New dex on ETH Mainnet and Mode called @ebisu_finance has been added to @DefiLlama. Twitter bio states “Highest yielding decentralized stablecoin | Earn more with your LRTs”. Followed by 39 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-$FRIEND continues to generate attention post-airdrop, with its price surging over the last 24 hours, h/t @lookonchain:
-Solana season seems to be heating up again, h/t @DegenerateNews:
-Very interesting data point from @0xjaypeg:
-Ticker narrative/news alfa from @TheDeFinvestor:
-Very interesting comments on fiscal deficit from Warren Buffet at latest Berkshire Hathaway annual shareholders meeting, h/t @JackFarley96:
-NVIDIA Q1 earnings report later this month could be catalyst for AI coins, h/t @0xENAS:
-List of biggest gainers in April dominated by small cap memecoins, h/t @thedefivillain:
-@jito_sol now at 46% market share of Solana liquid-staking, h/t @tomwanhh (click to view rest of long-form tweet):
-At least two meme coins launched via @pumpdotfun have now exceeded $100M valuations, h/t @sandraaleow:
-Excellent thread comparing different bridges c/o @0xMughal:
-Bullish thoughts from @CryptoKaduna:
-Weekly macro update c/o @FedGuy12 Joseph Wang:
-Roundup of important defi + airdrop news from @Dynamo_Patrick:
-Full video of Warren Buffett speaking at annual Berkshire Hathaway shareholders meeting:
-Parting wisdom c/o @zerototom:
Conclusion
Happy Sunday friends! Let’s get after it!
And as always please RT/subscribe/etc if you found this valuable!
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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.