Happy Saturday good frogs! Weekends are for getting after it 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: $2002.70
Oil (WTI): $75.54
US 10Y Treasury: 4.472%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention good anons… the latest update from our friends at @HMXorg is here… the Alliance for Decentralization campaign powered by Galxe!
Ending on November 29th, at 12PM UTC, this unique initiative gives you a chance to claim a one-of-a-kind 3D-animated NFT…
It involves seven titans within the $HMX ecosystem….You've got @HMXorg themselves, @pendle_fi innovating in the Yield Protocol space, @stellaxyz_ and @vaultka pushing the boundaries with Leveraged Yield Farming, @Penpiexyz_io and @Equilibriafi redefining Boosted Yield Protocols, and @PythNetwork pioneering Oracle Network solutions.
Getting your hands on this NFT is simple… just use $HMX or its partner protocols, and complete just one native action on the platforms before the deadline. Whether you're a trader, LP, or yield farmer, there's a way for everyone to become eligible and participate!
For a full breakdown of the actions that qualify you for the NFT, make sure to read through the thread below!
Biggest TVL Movers + Else
Chains are mostly green today. Only top 30 chains red on the monthly are Base (#10), Pulse Chain (#15), and DefiChain (#16).
Protocols are mostly green as well. Only top 100 protocols red on the monthly are stUSDT (#8), Pancakeswap (#15), dYdX (#32), Arrakis Finance (#53), PulseX (#60), DefiChain Dex (#78), and Ankr (#95).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 AI Tokens By Market Cap (from @coingecko):
Here’s The Top 12 Meme Tokens By Market Cap (from @coingecko):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from @DefiLlama)
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New trading bot(?) project called @AlfredTrades. Twitter bio states “Your Personalized Defi Butler”.
-New dex built on @X1_Network called @wolfx_one. Twitter bio states “WolfX is an innovative and highly flexible DEX built to support the @X1_Network ecosystem.”
-Something new called @ScrambleFinance. Twitter bio states “$EGGS walked so #SCRAMBLE could run: Scramble Finance is an upcoming Eggsperiment on Ethereum 🍳 #Debase”. h/t @twindoges:
-New chain called @RethereumOrg. Twitter bio states “The Decentralized Proof-of-Work EVM Blockchain”. h/t @toffee248:
-New lending protocol built on Zilliqa called @ionise_protocol has been added to @DefiLlama. Twitter bio states “Welcome to Ionise, the first money market protocol built on Zilliqa EVM. Lend and borrow assets easily using a decentralised, non-custodial platform.”
-A new dex on Zilliqa called @plunderswap has been added to @DefiLlama. Twitter bio states “Trade, Earn, Triumph!”
-New dex on Mode called @mod_swap has been added to @DefiLlama. No Twitter bio.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $10M+ 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)
-Total crypto market cap briefly hit $1.50T yesterday, its highest since $LUNA collapsed in May 2022 and roughly half its all-time peak in 2021:
-$GBTC discount the lowest its been in two years, h/t @thecryptosapien:
-Inscriptions/Ordinals/Etc phenomenon becoming increasingly multi-chain and generating lots of discussion, h/t @Flowslikeosmo and @hmalviya9:
-Bitcoin mining stocks generating lots of discussion as well, h/t @_FabianHD and @0xjaypeg:
-Macro thoughts from @TimmerFidelity:
-Google apparently now spends more on compute than it does on employees, h/t @FutureJurvetson:
-Coinbase stock hits year-to-date high at $115 per share:
-@BLAST_L2 founder @PacmanBlur released a thread responding to ongoing debate about the project:
-Related thread on @BLAST_L2 by @jarrodWattsDev generated much attention yesterday:
-Wise thoughts on the advantages/disadvantages of ‘Real Yield’ tokens from @zerototom:
-Market thoughts from @Pentosh1:
-Excellent new video from Steady Lads podcast going over all the main questions/news/debates in crypto right now:
-New interview with Vitalik from Devconnect last week just published by @DefiantNews:
-Good new discussion between @santiagoroel and @JasonYanowitz on CZ, Blast, and a variety of other current topics of note:
-Parting wisdom c/o @redphonecrypto c/o @QuotableCrypto:
Conclusion
Happy Saturday friends! Much appreciate ya!
And please RT/subscribe/etc if you found this valuable! :)
-
-
Note
Are you an active on-chain trader wanting better live data and actionable alfa?
Then make sure to check out our monthly sponsor @ChainEDGE_io, created by the great @OnChainWizard!
You can find a brand new case studies video on it from @OnChainWizard- just published a few days ago- embedded below! And make sure to sign up now to try it out for yourself!
-
-
-
-
***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.