Happy Wednesday 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: $1,972.20
Oil (WTI): $83.45
US 10Y Treasury: 4.861%
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Silent Protocol @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 check out the excellent article on them from @SuDoResearch below!
Biggest TVL Movers
Chains are mixed today. Only top 50 chains red on the weekly are Base (#9), Mixin (#18), Waves (#38), Starknet (#40), and Heco (#49).
Protocols are mixed today as well. Only top 100 protocols red on the weekly are Ondo Finance (#39) and ParaX Super App (#53).
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 Liquid Staking Protocols 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):
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 project called @blockaid_. Twitter bio states “Protect web3 users from fraud, phishing, and hacks.” h/t @AresLabs_xyz:
-Something new called @ezklxyz. No description. H/t @DefiMinty - make sure to give him a follow!
-Something called @ethratio. Twitter bio states “The Future of SocialFi.” h/t @toffee248 - make sure to give him a follow as well!
-New dex on RadixDLT called @Gable_Finance. Twitter bio states “Gable (fka Sundae) is a pivotal lending protocol, built on #RadixDLT.” h/t @toffee248:
-New perps protocol on MultiversX called @ash_perp. Twitter bio states “The First Decentralized Perpetual Trading Protocol on @MultiversX A module of @ash_swap”. h/t @toffee248:
Security Alerts
-Alerts re: @MaestroBots:
-Alert re: @QuillSwap on Scroll:
-Alert re: @berachain Twitter account:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (minimum $1M+ TVL, single-exposure, and no-IL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Interesting graphic from @coingecko showing prices of top tokens today vs a year ago:
-New ETH L2 @Scroll_ZKP continuing to gain TVL, h/t @ViktorDefi:
-Uniswap frontend already raking in fees, h/t @0xngmi:
-TON continuing to grow, h/t @Dynamo_Patrick:
-Solana, Aptos, and Canto all outperforming on TVL, good stats/info below from @Prithvir12:
-$LUSD collateral ratio generating discussion, h/t @leviathan_news and @DefiMoon:
-Injective continuing to generate attention:
-Tokenized treasuries have grown by 560% year-to-date, h/t @tomwanhh (click to see rest of long-form tweet):
-Excellent macro thread + charts from @TimmerFidelity, h/t @fejau_inc for the QT:
-Very good thread from @redphonecrypto:
-Interesting new video from @theempirepod:
-New interview with macro legend Grant Williams @ttmygh from Oxbow Advisors:
-Latest video from @TaikiMaeda2:
-Positive sentiments c/o @resdegen:
-Parting wisdom c/o @pythianism:
Conclusion
Have a great Wednesday good degens!
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.