Happy Monday friends! Another big week ahead of us!
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: $1,915.10
Oil (WTI): $87.78
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @HMXorg have been building like crazy and making big waves in the perps space… notably with their new referral program that launched in mid-September!
The referral program allows HMX-enjoyoors to earn by referring their friends, and allows traders to amplify their earnings with every transaction made on the platform...
Specifically, referrers can enjoy up to 15% rebates on trading fees, while those who use their referral codes benefit from discounted trading fees based on their own trading volume. The more you trade, the higher the discount you receive!
We have been helping raise awareness about everything the crew at HMX has been up to, so make sure to check out the referral program and give HMX a follow on Twitter to stay updated with everything they have lined up for the future!
Biggest TVL Movers + Else
Chains are very green today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Bitcoin (#12), Gnosis (#18), MultiversX (#22), Thorchain (#26), and Sui (#28).
Protocols are mostly green today. Top 100 chains up at least 10% on both the weekly and monthly include Enzyme Finance (#69), Concentrator (#100), Kujira Protocol (#142), Angle (#164), KLAYStation (#172), and Equalizer (#187).
Here’s The Top 12 Fastest-Growing Chains On The Weekly By TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols On The Weekly By TVL (from @DefiLlama - note: this one has a minimum TVL feature so only includes protocols with at least $1M TVL):
Here’s The Top 12 Dex’s 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!)
-New trading bot project called @0xNerdBot. Twitter bio states “The first On-chain analytics Assistant, empowered by @Onchaindatanerd”. h/t @Flowslikeosmo:
-New project called @ThoraFinance. Twitter bio states “Thora Finance is a decentralized, non-custodial liquidity market protocol on Polygon zkEVM.” h/t @CryptoNikyous:
-New SocialFi project on Scroll called @ScrollTechSoFi. Twitter bio states “ScrollTechSofi - Next-gen Web3 social network, #Scroll”. h/t @twindoges:
-New project called @getclave. Twitter bio states “Forget private keys and seed phrases. Embrace Account Abstraction storing keys on hardware for the easiest access to the future of finance.” h/t @thealphadigest:
-Something new on Solana called @MercureFinance. Twitter bio states “Collateralised debt protocol built on @solana.”
-New project called @oracle_l2. Twitter bio states “#OracleL2: Revolutionizing Decentralized Finance with ZK Rollup and Layer 2 Technologies.” h/t @TweetByGerald:
-A new SocialFi project on Linea called @KeySeaXyz has been added to @DefiLlama. Twitter bio states “Building on @LineaBuild the next-gen #KeysTrading for Social Profiles. The most interesting #web3 Social Platform. Join us! Currently in BETA. #SocialFi".
-Another new SocialFi project on Linea called @tomo_social has been added to @DefiLlama. Twitter bio states “Trade, chat and meet your next Tomo now! Download on the App Store or Google Play.”
Security Alerts
-@PeckShieldAlert released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $5M+ 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)
-Jump in crypto prices yesterday triggered speculation re: Saylor TWAP’ing, ETF frontrunning, etc:
-Look at the week ahead in macro c/o @_FabianHD:
-@starsarenacom on Avalanche has re-launched after its exploit last week, h/t @CryptoKaleo:
-Bitcoin volatility at multi-year lows, h/t @DaanCrypto:
-Some stuff to watch this week from @TheDeFinvestor:
-Latest US and UK inflation data from @truflation:
-Another interesting Tron stat, c/o @0xdoug:
-Lots of discussion lately about empty office buildings in major US cities, sample from @Molson_Hart below:
-@jdorman81 and @DegenSpartan on ETF significance:
-@KopremesisE released his newest weekly thread of liquid-staking stats/news/updates, sample below:
-Good thread on @pendle_fi from @jake_pahor:
-Very well-done thread by @CryptoShiro_ of projects worth looking at in defi, with excellent links to further threads/info/etc on each:
-New video from @coinbureau about current cex landscape/safety:
-New video with legendary natural resources/commodities investor Rick Rule for our macro fans:
-@balajis speech from Bitcoin Amsterdam a couple days ago:
-Parting wisdom from @TheFlowHorse c/o @QuotableCrypto:
Conclusion
Happy Monday degens! Stay alert out there this week and keep your head on a swivel! :)
And please RT/subscribe/etc if you found this valuable! :)
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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.