Happy Sunday degens!
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: $1,932.50
Oil (WTI): $87.69
Stocks (from:@News4Moves): N/A
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 50 chains up at least 25% on the weekly include Gnosis (#18) and Sui (#29). Top 50 chains down at least 10% on the weekly include Polygon (#5), Base (#9), Mantle (#38), and Pego (#46).
Protocols are mostly green today. Protocols with at least $10M TVL up at least 50% on the weekly include multichain dex DODO, Gnosis CDP $sDAI, and uncategorized Algorand protocol Folks Finance. Protocols with at least $10M TVL down at least 30% on the weekly include uncategorized multichain protocol Cream Finance, Base dex Aerodrome, ETH Mainnet CDP protocol Raft, and uncategorized multichain protocol Tangible.
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 NFT Marketplaces By 7 Day Volume (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!)
-Something new NFT-related called @flooringproto. No Twitter bio.
-Something new @friendtech-related, called @RacerLoans. Twitter bio states “borrow against your friends…” h/t @redphonecrypto:
-New SocialFi project called @SociogramSocFi. Twitter bio states “Sociogram v3 is here! We reinvented #SocialFi 🚀”
-New perps dex project called @Zeepr_labs. Twitter bio states “ℹ️ Decentralized Perpetual Protocol | Uniting Crypto & Traditional Finance 💰Covering BTC, ETH, Nasdaq, Gold, TSLA, META … and more!” h/t @brave_raf:
-New project called @ZaSwapCom. Twitter bio states “A DEX platform pioneers ES inscribing, marketplace, ERC20 Ethscription trading and dedicates to the Ethscription development.” h/t @brave_raf:
-Something new called @Qiro_Finance. Twitter bio states “Qiro is a institutional private credit protocol enabling fully transparent data driven on-chain RWA lending powered by native decentralized credit underwriting.” h/t @AresLabs_xyz:
-New project called @ikbdotgg. Twitter bio states “daily fantasy sports powered by crypto”. h/t @AresLabs_xyz:
-New dex on Base has been added to @DefiLlama called @NanoswapBase. Twitter bio states “Nanoswap - Your trusted farm and exchange on Base!”
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)
-MetaMask was temporarily removed from the Apple app store yesterday, generating much attention, but is now back:
-”Biggest bond route in 150 years” continues:
-Arbitrum seeing liquidity inflows post-STIP voting:
-Interesting chart of stocks vs Tbills performance the last two years from @BiancoResearch:
-Bloomberg analysts Eric Balchunas and James Seyffart now predicting 90% chance of Spot Bitcoin ETF approval:
-Token unlocks data for the upcoming week c/o @IT_Tech_PL:
-Interesting stats on Base fee generation h/t @tokenterminal:
-Top three non-stablecoin RWA projects are Franklin-Templeton, @centrifuge, and @OndoFinance - from excellent new thread + Dune dashboards c/o @tomwanhh:
-Excellent thread from @ShivanshuMadan on new ETH L2 @Scroll_ZKP:
-Big thread from @PauloMacro for our most hardcore macro fans:
-Reports/rumors(?) of bank run in China (note: make sure to do your own due diligence on this but including as it is getting lots of attention):
-Sentiments c/o @0xjaypeg:
-Good new macro/crypto discussion from @Blockworks_ featuring @MarkYusko and @MikeIppolito_:
-Big new deep dive on EigenLayer from @0xMughal:
-Interesting interview with Michael Lewis, author of the much-criticized new SBF book:
-Good new weekly recap on the macro from Joseph Wang @FedGuy12:
-Parting wisdom c/o @xmgnr:
Conclusion
Happy Sunday degens!
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.