Happy Friday good degens! Lots of stuff going on!
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: $1,984.10
Oil (WTI): $90.04
US 10Y Treasury: 4.931%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Silent Protocol @silentdao_ has announced a new integration with @LybraFinance!
As background, @silentdao_ is an extremely interesting new project currently building something quite significant + ambitious re: on-chain privacy… Rather than a standalone chain or a mixer, the idea is to create a composable middleware encryption layer that allows privacy preservation within the EVM itself, allowing users to interact with defi protocols anonymously…
Our editor @rektdiomedes is working with the @silentdao_ team to help with education/drum-banging/etc… so make sure to follow them on Twitter and see the following thread from @LybraFinance on the new integration below!
Biggest TVL Movers + Else
Chains are very green today. Top 50 chains up at least 25% on the weekly include Aptos (#25), Mantle (#30), and Tezos (#32).
Protocols are quite green today as well. Top 100 protocols up at least 30% on the weekly include Blur (#66), Jito (#73), BendDAO (#86), and Liquid Collective (#94).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly (from @DefiLlama - note: this one has a minimum TVL filter so only includes protocols with at least $1M TVL):
Here’s The Top 12 Chains/Protocols By 24 Hour Revenue 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):
Degen Alfa
(Exclusive data/information from our Official Sponsor @ChainEDGE_io - sign up today by clicking here!)
-24 Hour Smart Money Inflows/Outflows
-24 Hour Smart Money Summary From @OnChainWizard:
October 19, 2023 chainEDGE - Today's Summary Onchain activity is back on. 24 inflows saw a big pickup in terms of activity, with BITCOIN leading the way at $93k of net buys. We flagged smart money forming a bottom in BITCOIN on 10/14 via anomaly inflows, and the token has picked up steam since. BLOX also saw $38k of net smart inflows over the last 24hrs and now has over $50k of smart holdings. Other inflows were seen in imgnAI, REKT and HAY. In terms of new launches, RELT, APU and LLC received the most smart money attention over the day, with $330k bought in aggregate across the 3 tokens. But in terms of 50%+ retention, MLP and WEBAI were the leaders. Outflows were smaller across the board, with notable selling in LINK, OX, FLX and JOE. From a portfolio perspective, SPX looks like an interesting signal with $780k of smart money holdings (just behind UNIBOT at $1.2mm).
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 called @cove_fi. Twitter bio states “Your DeFi portfolio, simplified. Earn the best yields on-chain without the hassle of managing a portfolio. Built on @yearnfi and optimized by @gauntlet_xyz.” h/t @AresLabs_xyz:
-Something new called @KevatPay. Twitter bio states “Decentralize Blockchain for Fastest Payments & Networking solutions #BSC #BEP20 #Binance”. h/t @ApeOClock:
-New SocialFi project on Base called @join_mellow has been added to @DefiLlama. Twitter bio states “Web3 social network on @BuildOnBase now LIVE.”
-Another new SocialFi project on Base called @simpssocial has been added to @DefiLlama. Twitter bio states “Social-Fi Done Right”.
-A third new SocialFi project on Base has been added to @DefiLlama called @wordsdotart. Twitter bio states “Buy and Sell WORDS. ALPHA is live. Invite Only.”
-New dex on Scroll called @Sanctuary_ZKP has been added to @DefiLlama. Twitter bio states “Where wizardry meets DeFi 🧙 The most magical @Scroll_ZKP DEX & Launchpad 📜”
-New project on Pulse Chain called @solid_pulse has been added to @DefiLlama. Twitter bio states “SolidPulse a permissionless liquidity market community oriented ve(3,3) on PulseChain.”
-Previously-mentioned Arbitrum SocialFi project @SociogramSocFi has been added to @DefiLlama. Twitter bio states “Sociogram v3 is here! We reinvented #SocialFi 🚀”
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)
-Jerome Powell spoke yesterday, generating headlines:
-Thoughts from @PauloMacro re: the above:
-Thoughts from Joseph Wang @FedGuy12 on Powell’s statements as well as the relationship between bonds and the US stock market:
-Big news re: the New York Attorney General and Gemini/Genesis/DCG/Barry Silbert sparked lots of attention yesterday:
-Following headline re: the US government buying oil/refilling SPR generated a lot of attention in macro circles yesterday:
-SEC/Ripple update:
-More nuanced/contrarian take on the above SEC/Ripple story, c/o @lex_node and @kkirkbos:
-Interesting chart of SocialFi market share (and link to larger Dune Dashboard) from @CryptoKoryo:
-SOL/ETH ratio generating a lot of attention as of late:
-SBF trial on hold until October 26th:
-Interesting chart from @safetyth1rd:
-Thread version of new research report on @MorphoLabs from @ReveloIntel (click to see rest of long-form tweet):
-New interview with macro gigabrain @LynAldenContact from Macro Voices (interview starts at 3:55):
-New edition of NFA Live featuring @coinbureau, @NewsAsset, and @intocryptoverse:
-New interview with @FraxFinance founder @samkazemian from @0xResearch:
-New Mark Moss interview with Ken McElroy on US real estate market:
-Parting wisdom from @TyrogueD (part of larger longer-form tweet, click to read rest):
Conclusion
Have a great Friday and stay alert out there friends!
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.