Happy Sunday friends!
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 @CryptoBubbles):
Gold: $2,005.60
Oil (WTI): $85.54
US 10Y Treasury: 4.854%
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our monthly sponsor for October is @ChainEDGE_io!
ChainEDGE is the creation of our good friend @OnChainWizard… well-respected on-chain expert and gigabrain active trader!
It is essentially an on-chain analytics tracker on steroids… designed to help active degens see a live feed of all the top on-chain traders, see new tokens as soon as they pop up, track smart money flows, and more!
Make sure to sign up now to try it out for yourself!
Biggest TVL Movers + Else
Chains are mixed today. Top 50 chains up at least 20% on the weekly include Cardano (#13), Thorchain (#24), Tezos (#31), NEO (#38), and Stacks (#45).
Protocols are slightly red today. Protocols with at least $10M TVL up at least 100% on the weekly include Cardano protocol Astarter (no category given), ETH Mainnet NFT marketplace Flooring Protocol, Acala Liquid-Staking, and Stacks dex ALEX.
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 Chains By 7 Day Stablecoin Inflow % (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 wallet called ‘Avocado’ @avowallet. Twitter bio states “Your Web3 Superwallet: Simple, Secure, On-the-Go!” h/t @yannisDeFi:
-Something new called @VaultTechHub. Twitter bio states “Experience our decentralized escrow bot and unique benefits for $VAULT holders. 0x7f9b09f4717072cf4dc18b95d1b09e2b30c76790”. h/t @toffee248:
-Something new called @Stead_Defi. Twitter bio states “Build Floating Infrastructure on the Blockchain.” h/t @toffee248:
-Something new called @c_protocol76151. Twitter bio states “Crayon Protocol: Lending/Geared Pairs Trading/Asset Financing”. h/t @twindoges:
-New GambleFi project called @JuicerBets. Twitter bio states “Livestream prediction betting, where every moment could be your next win.” h/t @twindoges:
-Previously-mentioned ETH Mainnet liquid-staking protocol @mevdotio has been added to @DefiLlama. Twitter bio states “Take the MEV 💊”
-New SocialFi project on Base called @frenslyio has been added to @DefiLlama. Twitter bio states “Creator economy onchain |🐸;🐸| Currently in closed Beta @BuildOnBase”.
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)
-Current market analysis from @DeFiMann:
-Narrative/ticker alpha from @thedefivillain:
-INJ, RUNE, and LINK leading among top tokens in price action over the last 7 days, also h/t @thedefivillain:
-Interesting chart of crypto ex BTC and ETH from @JJCycles:
-ThorChain volume continuing to trend upwards, h/t @Dynamo_Patrick:
-Continued analysis of the complicated Grayscale/Genesis/Gemini situation from @ramahluwalia:
-Interesting stat from @tokenterminal:
-Thoughts on Coinbase from @ZachLight16:
-Interesting chart from @Flowslikeosmo:
-Surging $BTC options volume, h/t @ByzGeneral:
-Cycle thoughts from @MikeIppolito_:
-Weekly macro recap/thoughts from Joseph Wang @FedGuy12:
-@LukeGromen appeared on the @Blue_CollarBTC podcast:
-New weekly crypto/macro recap from @Blockworks_ featuring @MarkYusko and @MikeIppolito_:
-Interesting new video from @prz_chojecki on the ‘Bitcoin ecosystem’:
-Parting wisdom c/o @0x_Kun:
Conclusion
Happy Sunday friends let’s go!
And please RT/subscribe/etc if you found this valuable! :)
-
-
Note
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!
-
-
***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.