Happy Saturday lads and ladettes!
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: $1,932.50
Oil (WTI): $87.69
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mixed today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Gnosis (#18), Thorchain (#26), Sui (#29), and Tezos (#30).
Protocols are mostly green today. Top 100 protocols green on all three timelines (daily, weekly, monthly) include stUSDT (#8), Spark (#21), Ondo Finance (#36), Pendle (#41), DODO (#66), Magpie Ecosystem (#84), and Bancor (#85).
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Chains/Protocols By 24 Hour Fee Generation (from @DefiLlama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
Fee Generation (from cryptofees(dot)info):
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New trading bot project called @LynxTech_io. Twitter bio states “$LYNX Multi-chain Sniping and Trading Bot: Fast, Secure, Smart. #ETH, #BSC, #MATIC”.
-Something new called @initiaFDN. Twitter bio states “A network for 0-to-1 omnichain rollups”.
-New project called @RioRestaking. Twitter bio states “The liquid restaking network”. h/t @thealphadigest:
-Something new called @USDLRstable. Twitter bio states “USDLR is a fiat-backed stablecoin issued by @withstable that shares revenue with DeFi protocols. Launching on: @LineaBuild, @arbitrum”. h/t @thealphadigest:
-New Ton liquid-staking project called @tonstakers. Twitter bio states “Liquid staking protocol and TON stakers community”. h/t @thealphadigest:
-Another new EigenLayer-related protocol called @InceptionLRT. Twitter bio states “Earn scalable restaking rewards with InceptionLRT, built on @EigenLayer | Unlock liquidity with our Liquid Restaking Tokens (LRTs) ⚡️” h/t @thealphadigest:
-New project called @IguruLsd. Twitter bio states “The end game for liquid staking tokens. A non-custodial and decentralized Ethereum LST-backed stablecoin.” h/t @twindoges:
-New dex on Base called @MeshOnBase. No Twitter bio. h/t @twindoges:
-New dex on Avalanche called @monocerusworld has been added to @DefiLlama. Description states “Monocerus Swap is a 20,000X capital efficiency, CLMM-based DEX built to support the Monocerus World MMORPG Gamers Ecosystem. Morph our LP NFT to become 3D Interactive SparkleVX that can be used as a Game Pass and other string on-chain Utilities.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) 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)
-The SEC declines to appeal its loss in the Grayscale Bitcoin Trust case:
-Summary of SEC/Grayscale news and implications from @josefabregab:
-Thoughts on the above from @SatoshiFlipper and @RaoulGMI:
-It has now been over 700 days since Bitcoin was at an all-time high:
-@paoloardoino apparently becoming CEO of Tether (was previously CTO):
-Another interesting tweet from Paolo:
-SBF trial updates from @AutismCapital:
-@friendtech alfa from @redphonecrypto?
-Depeg on stablecoin $MAI yesterday:
-October newsletter/macro analysis from @LynAldenContact:
-White-hat c0ffeebabe.eth intercepted another exploit, h/t @BlockSecTeam:
-Another big macro thread from @concodanomics:
-Sentiments c/o @CryptoTHFC:
-New episode of Steady Lads podcast discussing everything defi:
-Edward Snowden talk from Bitcoin Amsterdam this week:
-New episode of @thebellcurvepod discussing the ‘Ethereum Enshrinement Debate’:
-Parting wisdom c/o @DegenSpartan:
Conclusion
Have a great Saturday friends! And 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.