The Daily Degen- November 24th, 2023

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

Nov 24, 2023

Happy Friday good frogs! Things looking bullish so far today!

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 @CryptoBubbles24):

Gold: $1,995.10

Oil (WTI): $76.58

US 10Y Treasury: 4.468%

Stocks (from:@News4Moves): N/A

Biggest Price Movers

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

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Biggest TVL Movers + Else

Chains are mostly green today. Top 50 chains up more than 100% on the monthly include Solana (#8), Thorchain (#17), Sui (#22), Radix (#46), and Terra2 (#50).

Protocols are quite green today as well. Protocols with at least $50M TVL up at least 100% on the monthly include Hashnote USYC, Prisma Finance, UwU Lend, Jito, MarginFi, and Kujira Protocol.

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 Chains/Protocols By 24 Hour Fee Generation (from @DefiLlama):

Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (from @DefiLlama):

Other Data Points

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

Ethereum Fear And Greed Index

(from @EthereumFear):

Fee Generation (from cryptofees(dot)info - NOTE: We are including this since we do so every day but obviously the Kyber data at the top is an error resulting from the exploit they experienced):

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 trading bot project called @vortexai_main. Twitter bio states “Telegram trading bot for CEX and DEX powered by state-of-the-art generative AI and ML providing fully-automated AI strategies.” h/t @ChadCaff:

-Another new trading bot project called @OmniBotX. Twitter bio states “The First Omnichain full-suite, next-gen telegram bot that will revolutionize DeFi. Powered by @LayerZero_Labs & @ConveyorLabs $OMNIX not live” h/t @Castle__Cap:

-Something new building on Arbitrum called @gloopfinance. Twitter bio states “GMX focused yield optimizer on Arbitrum $GLOOP ∞ $GMI”.

-New liquid-staking related protocol called @jinoro_xyz. Twitter bio states “Ethereum Staking, Simplified.” h/t @twindoges:

-New project called @scattering_io. Twitter bio states “Instant Liquidity Market for NFTs.” h/t @twindoges:

-Something new called @blocktoolbox. Twitter bio states “Learn more about on-chain tech and its various quirks! Trying to build the future at @InConsortium Supporting $KAS via $GDAG @MineKaspa”. h/t @CryptoNikyous:

-Something called @0xvaultxyz. Twitter bio states “Permissionless DeFi Experience for Traders and Developers Alike”. h/t @CryptoNikyous:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL 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)

-Coins pumping this morning, as highlighted by our friend @Awawat_Trades:

-Good weekly synopsis/alfa from @TheDeFinvestor:

-AI tokens continuing to surge in price with all the recent focus on the area:

-$BLUR was just listed on Binance and is surging in price:

-Interesting stats on MetaMask from @BowTiedNightOwl:

-Do Kwon update:

-Solana ecosystem and its potential airdrops still generating much attention:

-Very well-done thread comparing various perps dex’s from a trader’s perspective from @samoa_joes:

-Good thread of cognitive biases in trading/investing from @0x_Kun:

-Thread on $OLAS, which has been getting lots of attention lately, from @Prithvir12:

-Cycle thoughts c/o @IAmZeroIka:

-New weekly roll-up video from @BanklessHQ going over all the top stories in crypto:

-New macro interview with Julien Brigden from @Blockworks_:

-New protocol breakdown from @Ceazor7:

-Parting thoughts c/o @BowTiedNightOwl:

Conclusion

Happy Friday lads and ladettes! 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.