Happy Tuesday friends! Back over 70k!
Let’s get after it!
As always… 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):
Total Crypto Market Cap: $2.43T
Gold: $2763.60
Oil (WTI): $68.11
US 10Y Treasury: 4.326%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The team at @silentdao_ is continuing to develop their revolutionary new on-chain privacy architecture… which is essentially meant to be a middleware privacy/encryption layer:
“Silent Protocol is building the ghost layer, a modular layer 1.5 providing compliant privacy built on the EZEE framework to become that structured playground for institutions and retail users that can provide compliant, secure and privacy preserving access to ethereum native and cross chain liquidity along with enabling access to applications.”
Our editor @rektdiomedes is helping bang the drum about everything @silentdao_ is working on, so make sure to follow them on Twitter for more updates and check out the great thread on them from @kenodnb below!
Biggest TVL Movers + Else
Chains are quite green today. Biggest gainer on the daily among top 25 chains is Mantle (#17) at +31.25%.
Protocols are very green today as well. Biggest gainer on the daily among top 50 protocols is Renzo (#32) at +11.27%.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Token-Holders’ Revenue (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
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New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @Almanak__. Twitter bio states “Training Platform for AI Agents in DeFi Sign up for the exclusive waitlist...” Followed by 34 of our mutuals. h/t @redphonecrypto:
-Something new called @flippyflop_gg. No Twitter bio except the location being listed as ‘Starknet’. Followed by 6 of our mutuals. h/t @AresLabs_xyz and @rj_aligned:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Bitcoin is almost back at ATH’s however Ethereum is lagging a bit, h/t @cobie:
-Things still very quiet however, h/t @TheDeFinvestor:
-Yields continue rising on long-duration US bonds, h/t @FedGuy12:
-ETH Mainnet currently leading in chain outflows and Sui leading in inflows, h/t @DegenerateNews:
-Research tool alfa from @DefiIgnas:
-Oil prices continue dropping, h/t @KobeissiLetter:
-Trump project @worldlibertyfi to apparently launch a stablecoin:
-Update on $COOK-airdrop in Mantle ecosystem c/o @alpha_pls:
-$GRASS aidrop has also taken place, saw some criticism initially but chart is looking decent so far, h/t @Ace_da_Book:
-Crypto x AI narrative continues heating up, h/t @yugacohler:
-Investing/cycle thoughts from @Route2Fi:
-New discussion re: Kraken’s upcoming L2 from @theempirepod:
-New interview with @Grantblocmates from @JackNiewold:
-Parting wisdom from @Jesseeckel_ via @QuotableCrypto:
Conclusion
Happy Tuesday friends! Enjoy the excitement!
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.