The Daily Degen- November 11th, 2024

All of today's news/data/alerts..

Nov 11, 2024

Happy Monday good degens! The euphoria is building!!!

Let’s dive in!

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: $2.97T

Gold: $2628.40

Oil (WTI): $68.62

US 10Y Treasury: 4.306%

Biggest Price Movers

(From @coingecko top 1000, by 24 hour change)

Spotlight

Important article from the team at @silentdao_ as they continue to develop their revolutionary on-chain privacy architecture!

The article:

“...delves into alternative strategies for mitigating illicit activity within privacy-focused ecosystems and explores the intricate cryptographic mechanisms underpinning the Silent Compliance VM.”

This compliance variable is one of the most fascinating (and challenging) aspects of what Silent is attempting to build, so make sure to check out the article by clicking here now!

And once again, our editor @rektdiomedes is helping bang the drum about everything Silent has been building, so make sure to follow them on Twitter for more updates!

Biggest TVL Movers + Else

Chains are very green today. Fastest-growing chain on the weekly among top 25 chains is Bitlayer (#19) at +73.17%.

Protocols are very green as well. Fastest-growing protocol on the weekly among top 50 protocols is Renzo (#28) at +45.14%.

Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):

Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):

Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

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!)

-New project called @_futarchy. Twitter bio states “First futarchy on Ethereum”. Followed by 34 of our mutuals.

-New Monad project called @monorail_xyz. Twitter bio states “The most efficient way to trade on Monad We aggregate all the liquidity on Monad and create an orderbook specific to your trade One path. Endless Destinations”. Followed by 4 of our mutuals. h/t @AresLabs_xyz:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $20M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)

Security Alerts

-Security alert from @peckshield:

Important News And Analysis

-The bull market appears to be back judging from sudden mainstream attention! h/t @SniperMonke01 and @alpha_pls:

-Saylor flywheel continues rolling on:

-@cobie bullpoasting generating much excitement:

-Binance generated controversy today by listing an extremely small cap memecoin:

-$COIN opened over $300 this morning (within sight of previous all-time high) and continues to generate excitement, h/t @0xCha0s:

-Macro news update from @zerohedge:

-Don’t forget to claim the rights to your upcoming Hyperliquid airdrop(s), h/t @phtevenstrong:

-Interesting + unfortunate story (and good reminder to be insanely hypervigilant with all your on-chain transactions), h/t @0xngmi:

-Another unfortunate story and important reminder re: security, h/t @WuBlockchain:

-Great thread from @JasonYanowitz on ‘The 4 Stages Of A Crypto Bull Market’, sample below:

-Thoughts from @0xSisyphus:

-New TA + market analysis video from @DaanCrypto:

-New @BanklessHQ interview with @CryptoHayes:

-New crypto news livestream from @coinbureau:

-Parting wisdom from @wronguser000:

Conclusion

Have a great Monday friends and stay hypervigilant out there amidst the excitement!

And 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.