Happy Monday friends! Big week ahead of us!
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: $2323.00
Oil (WTI): $78.71
US 10Y Treasury: 4.50%
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 mostly green today. Only top 50 chains red on all three timelines (daily, weekly, monthly) are Mantle (#21), Gnosis (#22), Cardano (#23), Manta (#31), zkSync Era (#33), and Stacks (#36).
Protocols are quite green today. Only top 50 protocols red on all three timelines (daily, weekly, monthly) are Curve Finance (#18), Convex Finance (#25), Liquity (#37), SUN (#44), and StakeStone (#46).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $10M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $10M 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)
Ethereum Fear And Greed Index
(from @EthereumFear):
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-Many are curious if $ADA will repeat its massive retail-fueled success from last cycle… Over the last 6 months (see below) it is essentially flat, but is currently down almost 50% from its peak during that time… Long or short it via spot or leverage and get access to 30+ other perps and spot markets at app.vertexprotocol.com!
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New project called @basecampwtf. Twitter bio states “Launch a coin on Base for under 10$ and earn trading fees…” Followed by 14 of our mutuals. h/t @AresLabs_xyz:
-New project called @RoverStaking. Twitter bio states “Stake your Bitcoin for $rovBTC on @BotanixLabs Liquid Staking Points coming soon...” Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-New project called @0xRedswap. Twitter bio states “Public Good DEX on @redstonexyz”. Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-@friendtech’s new native dex BunnySwap has been added to @DefiLlama. Twitter bio for @friendtech states “precious spaces online and onchain” and it is followed by 564 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $10M+ TVL) and @stable_fish - 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)
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Upcoming events and alfa c//o @TweetByGerald:
-Bullish data points h/t @crypto_condom:
-Story re: government-backed mortgage agency Freddie Mac potentially getting into home equity loans is generating lots of attention in macro circles, h/t @LONGCONVEXITY:
-Interesting thoughts from @yashhsm:
-Upcoming launches to keep an eye on, h/t @blknoiz06:
-Bullish data point re: Bitcoin options market, h/t @p3drobirmann:
-Solv Protocol getting lots of attention on the TL the last few days, h/t @WuBlockchain:
-New thread on $TON from @jake_pahor as part of his ongoing research series:
-Excellent long-form thoughts + data on memecoin trading, h/t @CryptoKoryo:
-Important reminder from @TraderMercury:
-New macro + crypto roundtable from @Blockworks_ including @MikeIppolito_, @fejau_inc, and @qthomp:
-Parting wisdom c/o @drakeondigital:
Conclusion
Happy Monday friends! Here’s to a good week!
And as always please RT/subscribe/etc if you found this valuable!
-
-
***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.