Happy Saturday good degens! Let’s get after it!
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):
Gold: $2674.20
Oil (WTI): $75.56
US 10Y Treasury: 4.096%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends! The newest issue of the Vertex Gazette has just been published!
The Vertex Gazette is from our Official Sponsor @vertex_protocol and this new issue goes over all the latest news and developments they’ve been rolling out, as they continue shipping the omnichain trading future!
As always, Vertex currently offers over 50 different perps and spot markets with an experience just as smooth as any centralized exchange, utilizing a state of the art cross-chain liquidity infrastructure via their Edge system @EdgeLayer!
In addition, users can stake VRTX to benefit from both real yield paid in USDC as well as the official VRTX buyback & burn program!
Read the Vertex Gazette below to get all the newest news and alfa related to Vertex and the broader @EdgeLayer ecosystem, visit the Vertex site at app.vertexprotocol.com, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mostly green today. Fastest-growing top 50 chain on the daily is Cardano (#28).
Protocols are mostly green today. Fastest-growing top 50 protocol on the daily is Benqi (#41).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $50M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $50M 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 project: @hibachi_xyz. Twitter bio states “The future of trading is provable. Request early access...” Followed by 10 of our mutuals. h/t @AresLabs_xyz:
-New project: @GraphiteSubnet. Twitter bio states “Divided by code, connected by nodes $TAO #Decentralized AI”. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-New project: @ithacaxyz. Twitter bio states “Accelerating the crypto frontier.” Followed by 51 of our mutuals. h/t @AresLabs_xyz and @gakonst:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $20M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-$BTC analysis c/o @DaanCrypto:
-What appears to be a massive new GameFi success story is main topic in crypto today, h/t @DegenerateNews:
-Good thread of additional links + clips re: the above from @ZeMariaMacedo:
-Good recent narratives summary, h/t @thedefivillain:
-Hopeful stat from @0xjaypeg:
-Interesting trading thoughts/analysis, h/t @CryptoKoryo:
-Top 10 SEI projects by TVL, h/t @CryptoRank_io:
-New airdrop for $veCRV holders, h/t @Die_crv:
-Excellent thread from @DeFi_Cheetah summarizing the new Uniswap/Unichain stuff:
-Interesting analysis re: $SPX success and memecoins generally, h/t @thedefivillain:
-Good macro reminder from @menlobear:
-New video from @2lambro and @ManoppoMarco on the Scroll airdrop and a bunch of other stuff:
-New episode of @0xSteadyLads featuring @MustStopMurad:
-New roundtable discussion on yesterday’s Uniswap/Unichain news, from @theempirepod:
-New project deep-dive from @Ceazor7:
-New interview with former FTX exec Ryan Salame on eve of his prison sentence, from @Unchained_pod:
-New macro video from @LukeGromen:
-New video on everything airdrop-related from @KryptoCove:
-Parting sentiments from @splinter0n via @QuotableCrypto:
Conclusion
Happy Saturday good frogs! Don’t forget to touch some grass this weekend!
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.