Happy Monday friends! Start of another big week!
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: $1,844.60
Oil (WTI): $91.34
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention degens! The team over at @stellaxyz_ has released a gigabrain new integration with @pendle_fi’s leveraged LP Strategy for Liquid Staking Tokens!
Users can now leverage up to 10x on LST on Pendle's pool using single-sided ETH with minimal impermanent loss…
- What’s available at launch:
- Hyper-Strategy LP: Leverage wstETH on Pendle
- Hyper-Lending Pool: ETH (now with incentive rewards)
Stella fans can also stay tuned for more upcoming listings of the Penpie boosted version for these pools next week!
As background, Stella is a new leverage yield farming protocol we’ve been helping spread awareness about that has been cooking up some extremely high apr’s and profit %’s on a wide range of the top Arbitrum tokens and strategies… so make sure to follow the Stella team on Twitter for continued updates, and check out their tweet below on the new Pendle integration!
Biggest TVL Movers + Else
Chains are very green again today. Top 40 chains up at least 10% on the weekly include Pulse Chain (#13), Cardano (#18), Thorchain (#26), Canto (#30), Sui (#37), and Linea (#40).
Protocols are also very green today. Top 100 protocols up at least 20% on the weekly include Lybra Finance (#32), Marinade Finance (#49), and Silo Finance (#56).
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/Protocols By 24 Hour Fee 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
-New Launch Digest
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 L1 called @HeliChain. Twitter bio states “Empowering the future with our open, scalable, and interconnected layer 1 blockchain. RT ≠ endorsement”.
-Something new called @0xSingularLabs. Twitter bio states “The First Automatic Interest Based Risk NFT Lending Protocol For Virtual And Real World Assets.”
-Something new called @particle_trade. Twitter bio states “Permissionless borrowing and short selling for NFTs. Generate income from NFTs. Short to profit on NFT price drop…”
-New Trading Bot/GambleFi project called @VegasTGBot. Twitter bio states “VegasBot is a bot that lets you place or accept bets on any sport with revenue sharing for holders. Community always wins.” h/t @CryptoNikyous:
-New project called @ChaintoolsTech. Twitter bio states “Revolutionary Uniswap V3 Tokenomics. 🦄 Innovators of no-staking LP rewards. Builders of unique DeFi utilities. CA: 0xdbecDd726f6ad8e24aFc78fe3cC8eb7B73C2D94d”. h/t @CryptoNikyous:
-Something new called @InVestIT_Crypto. Twitter bio states “Revolutionary decentralised Perpetual trading platform for DeFi and Stocks, with ZK Snark option, AI predictive analysis & Passive Income earning. @InVestBuys”.
-New FT-related project called @FriendDaoToken. Twitter bio states “Keys for all. $FDAO”. h/t @CryptoNikyous:
-New yield aggregator on Base called @LaariFinance has been added to @DefiLlama. Twitter bio states “Uniting the best of @BuildOnBase and @LineaBuild on Laari Finance - the ultimate yield aggregator destination |🌱”.
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)
-Continued positive price movement to start the month:
-Macro and crypto schedule for the week ahead, c/o @_FabianHD:
-Some ticker alfa for the week ahead c/o @TheDeFinvestor:
-Info on October unlocks c/o @poopmandefi:
-Continued focus on bond market among macro gigabrains:
-New 60 Minutes interview with author Michael Lewis about SBF is drawing intense attention/criticism:
-Opening arguments in SBF trial begin this week:
-Interesting list of most active crypto VC firms c/o @coingecko:
-Another interesting real estate tweet from @sweatystartup:
-Interesting stats from another great weekly thread on liquid-staking stats and protocols from @KopremesisE:
-Good thread from @ipor_intern about @SergeyNazarov’s interview with @BanklessHQ that we included yesterday:
-Fatalistic wisdom c/o @CoinGurruu:
-Good new macro interview with natural source investor Rick Rule from WTFinance @AnthonyFatseas:
-New roundtable discussion on defi landscape from The Chopping Block c/o @unchained_pod:
-Parting wisdom from @TheRealEstateG6:
Conclusion
Happy Monday friends lets get after it!
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.