The Daily Degen- November 15th, 2023

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

Nov 15, 2023

Happy Wednesday degens! Bit of a dip on prices yesterday but things seem to be recovering… will be interesting to see what happens next!

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: $1,972.60

Oil (WTI): $77.79

US 10Y Treasury: 4.471%

Stocks (from:@News4Moves):

Biggest Price Movers

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

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Biggest TVL Movers + Else

Chains are mixed today. Fastest-growing chains on the weekly with at least $50M TVL are Thorchain, Kujira, and EOS.

Protocols are also mixed today. Biggest gainers on the weekly among protocols with at least $5M TVL are Osmosis yield protocol Qasar Vaults, BSC algo-stable B2B, Radix dex CaviarNine, ETH Mainnet NFT lending protocol NFTfi, and multichain protocol Metavault (no category listed).

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 Solana Protocol By TVL (from @DefiLlama):

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

Other Data Points

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

Ethereum Fear And Greed Index

(from @EthereumFear):

Fee Generation (from cryptofees(dot)info):

New Protocols

(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)

-New project called @NapierProtocol. Twitter bio states “The end game for Curve ecosystem. The liquidity hub for yield trading powered by Curve Finance…”

-New project on Base called @IntentX_. Twitter bio states “OTC Perpetuals DEX 🔴丨 Coming Nov 15th to @BuildOnBase…”

-New project called @zkp2p. Twitter bio states “Building the first trustless P2P fiat onramp powered by zk proofs. Grantee @PrivacyScaling @ethereum. Follow for announcements and updates…”

-Something new called @AlbusProtocol. Twitter bio states “Albus Protocol is a regulation-compliant DeFi framework for public blockchains. It uses Zero-Knowledge Proof method to ensure end-to-end transaction compliance.” h/t @thealphadigest:

-New Swiss Franc stablecoin on ETH Mainnet called @frankencoinzchf has been added to @DefiLlama. Twitter bio states “Official Twitter account of Frankencoin, an oracle-free, collateralized, decentralized Swiss Franc stablecoin.”

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $10M+ TVL, no-IL, and single-exposure only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)

Important News And Analysis

(key news, twitter threads, articles, videos, etc from last 24 hours)

-Latest CPI (inflation) data came in slightly under expectations at 3.2%, h/t @coingecko:

-”Fed whisperer” @NickTimiraos tweeted some dovish sentiments on Fed attitude to interest rates from here:

-Related sentiments from Joseph Wang @FedGuy12:

-As rumored, @okx exchange announced they would be creating an ETH L2 in collaboration with Polygon:

-Thread overview of the above from @izu_crypt:

-Ticker/narrative summaries from @thedefivillain:

-@JupiterExchange on Solana getting a lot of attention the last few days:

-$MEME also getting a lot of attention:

-Several interesting comments from @cobie yesterday regarding stablecoin use in Argentina and the question of L2’s:

-Lot of smart accounts we follow researching for gems in Cosmos ecosystem right now, sample from @sandraaleow below:

-New weekly thread of liquid-staking stats and news from @KopremesisE:

-Excellent thread on Injective from @jake_pahor as part of his ongoing deep-dive research series:

-Absolutely fantastic macro interview featuring Erik Townsend, Mike Green, and Harley Bassman discussing energy and the overall state of the world/history/the future/etc:

-Another great @leviathan_news livestream focused on @PrismaFi:

-Parting wisdom via two tweets from @Pentosh1:

Conclusion

Happy Wednesday degens! Stay alert out there!

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.