Happy Friday esteemed degens! The excitement continues!!!
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: $3.57T
Gold: $2677.90
Oil (WTI): $69.53
US 10Y Treasury: 4.207%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are quite green today. Only top 25 chains red on the monthly are Polygon (#12), Blast (#17), and Scroll (#24).
Protocols are very green today as well. Only top 50 protocols red on the monthly are Rocket Pool (#14), and SUN (#48).
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)
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 dex on ZetaChain called @beam_dex has been added to @DefiLlama. Twitter bio states “Beam enables low-slippage swaps between native Bitcoin, Ethereum, Solana and more. Decentralised and permissionless - The seamless omnichain experience.” Followed by 35 of our mutuals.
-New CDP protocol on Neutron called @jadedotmone has been added to @DefiLlama. Twitter bio states “Yield-Separated Liquid-Staked Stablecoin.” Followed by 2 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $20M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
-Morning recap, h/t @Tyler_Did_It:
-The Hyperliquid airdrop has taken place amidst massive excitement:
-Virtuals ecosystem continues its upward trajectory, h/t @sandraaleow:
-$AIXBT analysis continues to ripple across CT:
-Interesting potential alfa c/o @burstingbagel:
-AAVE TVL hits new all-time high, h/t @NPC_68:
-Interesting tweet from @Dennis_Porter_ re: Bitcoin miners generated much discussion:
-French bond yields remain dominant topic within macro world:
-Fascinating AI x Crypto story generating much discussion, h/t @jarrodWattsDev:
-Interesting historical price data from yesterday, h/t @dunleavy89:
-New weekly roll-up video from @BanklessHQ:
-New video from The Calculator Guy @phtevenstrong:
-New discussion with @matthew_pines regarding the possibility of a US strategic Bitcoin reserve, from @pahueg:
-Cycle/strategy thoughts from @LouisCooper_:
-Parting sentiments from @QwQiao:
Conclusion
Have a great Friday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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***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.