Happy Tuesday friends! Lots of interesting 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 Updates
Crypto (from @crypto_whispers and @cryptobubbles24:
Gold: $2,024.10
Oil (WTI): $72.27
Stocks (from @news4moves):
Biggest Price Movers
(From @coingecko top 1000)
Spotlight
Have you heard the good word about @pendle_fi anon?
They’ve been generating intense interest and gaining TVL at a massive clip, as investors and yield maximizoors take advantage of the various opportunities provided by their platform…
Now on both ETH Mainnet and Arbitrum, we’ve been helping amplify everything they’ve been building!
A gent called @0xLuthor just released an extremely interesting thread about them, so wanted to highlight it below!
Biggest TVL Movers
Chains are very red again today. Top 30 chains down at least 10% on the weekly include Fantom (#10), DefiChain (#12), zkSync Era (#21), and Celo (#23).
Protocols are also quite red today. Only top 100 protocols green on all three timelines (daily, weekly, monthly) are Lido (#1), PinkSale (#40), Ondo Finance (#60), MatrixDock (#88), and Wombex Finance (#95).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Crypto Volatility Index
(from @CVIdaily)
Fees:
(from cryptofees(dot)info)
New Protocols
(note: this includes new protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @defillama and @debank (excluding Tomb forks/reflection tokens/etc) - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new on Solana called @TrailsProtocol. Twitter bio states “Guiding and incentivizing users throughout the vast Solana ecosystem”.
-New protocol on Aptos called @TsunamiFinance_. Twitter bio states “Swap & trade margin spot with 0% price impact. Access 10x leverage & low fees on #Aptos with liquid sustainable yields...” h/t @NoworriesDev:
-New protocol on Sui called @ABExFinance. Twitter bio states “ABEx is a revolutionary on-chain derivative protocol within the @SuiNetwork ecosystem….”
-New Arbitrum/Mainnet protocol called @sage_bet has been added to @DefiLlama. Twitter bio states “Believe. Predict. Prosper. Fully on-chain prediction market, built with love on the #EVM. No sign-up — Connect and trade in seconds...”
-A new options protocol on Sui called @TypusFinance has been added to @DefiLlama. Twitter bio states “Real Yield Infrastructure @Suinetwork…”
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)
-Binance will apparently soon allow trading of Bitcoin-NFT’s:
-Exactly one year since Do Kwon’s famous tweet:
-Current @truflation data from their Chainlink-powered live inflation feed:
-Bitcoin transactions and Arbitrum TVL both hit all-time high, h/t @Dynamo_Patrick:
-Biggest stablecoin gainers/losers over the last week, h/t @0x_koro:
-Thoughts on $BTC, $ETH, and institutional allocation from @NorthRockLP:
-@Bob_Baxley flags what looks like an interesting innovation:
-Fascinating thread from @redphonecrypto, originator of the “BRC-20” idea:
-New article from Arthur Hayes (and easy to read summary from @0xjaypeg):
-New video from @TaikiMaeda2 of all his current thoughts on defi + market outlook:
-Excellent new livestream from @leviathan_news featuring @traders_insight, @CurveCap, and @SalomonCrypto, covering a variety of current crypto stories/topics:
-New interview with @LynAldenContact on overall macro landscape, commodities, and more:
-New protocol breakdown from @Ceazor7:
-Latest news roundup from @CoinBureau:
-Parting wisdom/bullish sentiments from @alpha_pls:
Conclusion
Have a great Tuesday degens!
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.