The Daily Degen- November 30th, 2023

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

Nov 30, 2023

Happy Thursday friends! Lots of stuff going on in ze worlds of crypto and macro!

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: $2039.90

Oil (WTI): $78.61

US 10Y Treasury: 4.288%

Stocks (from:@News4Moves):

Biggest Price Movers

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

Spotlight

Greetings good degens!

There increasingly seems to be a renaissance in web3 referral links!

If you are going to use any of the following protocols/services/etc or start a fresh wallet on one, we’d be honored if you’d utilize our reflink for it!

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-Mux Protocol https://app.mux.network/#/ref/THEDAILYDEGEN

-HMX https://hmx.org/arbitrum/referral?ref=THEDAILYDEGEN

-Hyperliquid - note: this is a very cool new perps dex we’re a big fan of - is an appchain model so you just deposit $USDCe directly onto it from Arbitrum, then trade and/or deposit TVL to earn points for their (presumed) airdrop: https://app.hyperliquid.xyz/join/REKTDIOMEDES

-Revelo Intel (institutional grade defi research + great free newsletter!): https://revelointel.com?aff=242 and discount code DEGEN10

Biggest TVL Movers + Other Data Points + Else

Chains are pretty flat but red today. Biggest gainers on the weekly among chains with at least $10M TVL are Terra Classic, Injective, and Manta.

Protocols are also pretty flat today. Biggest gainers on the weekly among protocols with at least $5M TVL are Blast (the new L2 - though currently listed as a ‘Farm’ under ‘Protocols’ section on @DefiLlama until the chain actually launches), multichain yield protocol Gro, multichain dex RhinoFi, ETH Mainnet insurance protocol Ease(dot)org, and uncategorized multichain protocol White Whale.

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

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

Ethereum Fear And Greed Index

(from @EthereumFear):

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 GambleFi project called @OverDogsBet. Twitter bio states “The world's first fantasy odds & wager platform that's going to revolutionize the #MMA world — It's OverDogs. Bet. Sign up for early beta access & free play.”

-New stablecoin project called @autonomint. Twitter bio states “Transforming Defi with Autonomint: a disruptive stable coin revolutionizing capital efficiency. Backed by decentralized derivatives”. h/t @twindoges:

-New SocialFi(?) project called @follows_app. Twitter bio states “Grow, share & Follow your favourite creators. Chain: Base Mainnet Status: Beta…” h/t @twindoges:

-Something new called @CoinifyAI. Twitter bio states “AI-Powered ERC-20 Contract Deployment… CoinifyAI Builds Your Branding, TG, Twitter, Docs, Website & Deploys your Contract in less than 5 Minutes! 🤖” h/t @twindoges:

-New trading bot project called @LemonTerminal. Twitter bio states “🍋 AIO Terminal for off-chain and on-chain magic. Uniting CEX, News Trading, Futures, On-chain, Private chats, & more. Labeled The Bloomberg Terminal of Crypto…” h/t @twindoges:

-New perps dex on Scroll called @10KSwap has been added to @DefiLlama. Twitter bio states “10K X: 10K Swap & 10K Wallet & 10K Dex Empowering more DeFi users to relish a centralized exchange-like on-chain trading encounter.”

Security Alerts

-Latest (bizarre/theatrical) message from Kyber exploiter, demanding “Complete executive control over Kyber (the company)”, h/t @peckshield:

-Security alert re: nobitexmarket from @CyversAlerts:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ TVL only, single-exposure, no-IL 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)

-Extremely high nominal US gdp growth numbers generating much discussion in macro circles, h/t @FedGuy12:

-Ticker/narrative alfa from @thedefivillain:

-Macro gigabrain @WarrenPies on the question of a macro ‘soft landing’:

-The duration of time between Luna’s collapse and today is now longer than its rise back in the last bull market, h/t @CL207:

-More bearish macro data from Germany:

-Good overview of GameFi landscape from @matrixthesun:

-New thread on Twitter security best-practices from @samczsun:

-Tradfi observation from @noahseidman:

-Airdrop alfa from @thecryptodog?

-Interesting thread from @wassielawyer:

-Investing thoughts from @ASvanevik:

-New interview from @blocmatesdotcom with ‘Chef Icy’ on Pancakeswap’s future:

-New interview with Olaf Carlson-Wee @zxocw from @theempirepod:

-New interview with @Cryptovestor77 from @DeFi_Dad on the current defi landscape, primarily focusing on the Curve/Convex/Frax/Prisma/etc side of things:

-Parting investing thoughts from @santiagoroel:

Conclusion

Happy Thursday friends! Let’s get after it!

And please RT/subscribe/etc if you found this valuable! :)

Note

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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.