Happy Friday 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: $1,819.50
Oil (WTI): $82.64
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The gents at @Rodeo_Finance keep building and shipping!
As background, Rodeo is a leveraged yield project we’ve been helping spread the word about that is building on top of all the top Arbitrum defi protocols (like Camelot, Pendle, TraderJoe, etc), to give discerning farmers the chance to maximize their yields, with leverage, all from a single easy to use UI…
They have been working on all sorts of stuff as of late, including leveraged GMX V2 vaults, a new audit from Paladin, and hints at ‘farm to table yield’ (see below)!
Make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Top 30 chains green on all three timelines include Kava (#11), Bitcoin (#12), Pulse Chain (#14), Cardano (#15), Canto (#28), and Tezos (#29).
Protocols are also mixed today. Top 100 protocols up at least 10% on the weekly and the monthly include Lightning Network (#48), Marinade Finance (#51), Magpie Ecosystem (#87), and Jito (#99).
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 Arbitrum 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):
Degen Alfa
(Exclusive data/information from our Official Sponsor @ChainEDGE_io - sign up today by clicking here!)
-24 Hour Smart Money Inflows/Outflows
-Sample 24 Hour Smart Money Summary From @OnChainWizard (from October 4th):
October 04, 2023 chainEDGE - Today's Summary Quiet day in terms of flows. FOLD received $24k of buys, while 2 different version of PEPE also saw ~$20k of net buys each. Outflows were seen in HILO, BANANA, WSM and CAL. In terms of new launches, QCP looks to be a somewhat interesting smart money play with $17k in gross buys ($10k net) with ~56% smart retention thus far. The activity was mostly concentrated in a few wallets with decent track records led by 🚀 New Launch Pro 0x32d...77a who bought $5k of the token. Over the last 8hrs we also noticed decent smart money buying in FTX, receiving $20k of net swap inflows. Newer tokens with $30k of smart money holdings includes: cyb3rgam3r420, Vegasbot, Mullet, CAL and FLUID. We've also launched a new Research Dashboard which can be found under the New Launch Digest, where we will share project and trader insights to help improve your trading process and get you up to speed on different projects. Trader highlight of the day goes to 🚀 New Launch Pro 0x32d...77a who made $22k of realized gains on OCISLY.
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 @cicadacredit. Twitter bio states “Bringing Credit Risk Management On Chain”.
-Something new on Starknet called @SoukProtocol. Twitter bio states “The Social & Commerce Engine of #Starknet. Exploring the Pandoras’ Box of Layer 3s and beyond. Product of @SeraphLabs .” h/t @twindoges:
-New trading bot project called @AtlanteanBots. Twitter bio states “Perpetuals #trading on your fingertips. New #telegram trading #bot powered by @synthetix_io…” h/t @twindoges:
-New protocol called @dmoprotocol. Twitter bio states “We are the first Leveraged Liquidity Provision (LLP) for @Uniswap V3 💎 Now available on @BNBchain with @PancakeSwap 🚀”. h/t @twindoges:
-New project called @ProtocolLiquid. Twitter bio states “Welcome to 💧 Liquid Protocol — the pioneering platform for liquidity providers on the Ethereum network. Fully compatible with UNISWAP V2.” h/t @twindoges:
-Something new on Arbitrum called @DecenLiquid. Twitter bio states “Decentralized liquidity on @arbitrum. 90% to community. Hold $DELI to earn LP Tokens. Upcoming: $DELI & LP staking.” h/t @twindoges:
-Something called @proofofanon. No Twitter bio just links. h/t @CryptoNikyous:
-New ShimmerEVM dex called @iotabee has been added to @DefiLlama. Twitter bio states “Your one-stop shop DeFi hub built on #IOTA & #Shimmer, connecting with #Ethereum. 24 million SOON tokens Farming incentives live NOW!🔥”
-Previously-mentioned new ETH Mainnet RWA protocol @MountainUSDM has been added to @DefiLlama. Twitter bio states “The first nationally regulated yield bearing stablecoin. Note: USDM is not available for US Persons. Please read our full T&C available in our website.”
-New ‘Services’ protocol on ETH Mainnet called @ESCROWERC has been added to @DefiLlama. Twitter bio states “Saving Chads & Projects Millions with $ESCROW. Exchange Privately/Publicly with Confidence.”
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($5M+ 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)
-@THORswap has paused operations:
-Long-duration US bonds have seen price drops approaching what stocks suffered in the dotcom-crash and Great Recession:
-Interesting Q3 stats on Ethereum from @RastarlyRock:
-ETF-watchers looking ahead to January for potential approvals, h/t @DeFiMann and @theblockupdates:
-Interesting stats on dominance by category c/o @ViktorDefi:
-Important macro math from @bowtiedbull:
-Interesting analysis of Q3 fundraising data, from @chasedevens:
-@friendtech surpasses Bitcoin in 30 day fees:
-Arbitrum Odyssey update c/o @leshka_eth:
-Another interesting real estate tweet from @sweatystartup:
-New interview with @LynAldenContact from @JackFarley96 via @Blockworks_ on the macro situation and else:
-New roundtable discussion from @0xsteadylads podcast:
-Wise sentiments c/o @SwellCycle:
-Parting wisdom c/o @defipleb c/o @QuotableCrypto:
Conclusion
Have a great Friday and stay alert out there friends!
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.