Happy Monday friends! The pump has continued through the weekend :)
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: $1,977.40
Oil (WTI): $87.71
US 10Y Treasury: 5.014%
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
We are doing a recommendation-swap with our good friend @Route2Fi!
Route has a very popular Substack/newsletter called ‘The Black Swan’ where he writes long-form analysis on all things crypto and defi, as well as thoughts and ruminations on general subjects of interest to brypto degens!
In this vein, his most recent missive is on the topic of the digital nomad lifestyle within crypto and its positives and negatives and overall significance…
Make sure to check it out here and subscribe to his excellent Substack!
Biggest TVL Movers
Chains are very green today. Chains with at least $5M TVL up at least 30% on the weekly include Scroll, Aptos, Mantle, and Pulse Chain.
Protocols are also extremely green today. Protocols with at least $5M TVL up at least 100% on the weekly include Aptos lending protocol Aries Markets, TON liquid-staking protocol Ton Stakers, Mixin protocol Pando (no category given), and Solana liquid-staking protocol Marinade Finance.
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 Dex’s By TVL (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:
-Sample Of 180 Day Smart Money Leaderboard:
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 SocialFi project on Arbitrum called @cipher_cores. Twitter bio states “Enter - Engage - Earn 👾 Send a Cipher on @arbitrum today 👾”.
-Something new called @InfraredFinance. No Twitter bio or pfp yet but followed by quite a few of our mutuals so including it. h/t @AresLabs_xyz:
-Something new called @ApeAccelerator. Twitter bio states “Official accelerator and launchpad for the ApeCoin DAO Powered by ApeCoin #APEcelerate 🦍⚡️” h/t @AresLabs_xyz:
-Something new called @Boomer_Finance. Twitter bio states “Relive the DeFi Summer 2020 as if you were there Old school food farm token type Launching Monday 23rd 2PM-6PM UTC”. h/t @toffee248:
-Something new called @0xgambit_. Twitter bio states “Building the first reliable and smooth prediction market for ANY ERC20 token on the blockchain.” h/t @toffee248:
-Something new called @nata_network_io on Polygon has been added to @DefiLlama. Twitter bio states “Cross-Chain Privacy Protocol…”
-New protocol on Pulse Chain listed as ‘Farm’ called @Atrofarm17023 has been added to @DefiLlama. Twitter bio states “Liquidity hub of the $Atropa ecosystem on #PulseChain. $Atrofa”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, minimum $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)
-Crypto prices have continued rising through the weekend:
-Macro schedule for the week ahead, h/t @_FabianHD:
-JPY/USD, the 10Y US treasury, and Bitcoin all receiving lots of attention this morning, sample from @stackhodler below:
-Lots of focus on DCG/Genesis/Barry Silbert/etc in wake of NYAG action, see strongly-worded thread from @ramahluwalia below as example:
-Related thoughts on the Grayscale Bitcoin Trust trade from @DegenSpartan:
-MicroStrategy back in net profit on their Bitcoin position:
-Macro thoughts from @LynAldenContact:
-Interesting thread on Tron from @TaikiMaeda2 and @HFAresearch:
-The significance of crypto in Argentina, c/o @0xGed:
-Interesting long-form tweet re: India from @balajis:
-Investing wisdom from @Pentosh1:
-New @LynAldenContact interview with @BanklessHQ:
-Parting wisdom c/o @DegenSpartan:
Conclusion
Happy Monday friends let’s get after it this week!
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.