Happy Monday friends! Start of another big week!
Let’s dive in!
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):
Gold: $2659.40
Oil (WTI): $75.27
US 10Y Treasury: 4.028%
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 mostly green today. Biggest gainer on the weekly among top 50 chains is BOB (#49) at +43.71%.
Protocols are mostly green today as well. Biggest gainer on the weekly among top 50 protocols is Raydium (#26) at +12.20%.
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (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 @Cortex_Protocol. Twitter bio states “Cortex L1 - blockchains, unified. Secured by $SYN”. Followed by 26 of our mutuals.
-Something new called @4realfinance. Twitter bio states “✧ Real Yield strategies for 𝐁𝐞𝐥𝐢𝐞𝐯𝐞𝐫𝐬. Ascend and Keep it 𝐑𝐞𝐚𝐥 ✧” Followed by 26 of our mutuals. h/t @Grantblocmates:
-Something new called @soon_svm. Twitter bio states “The most efficient rollup stack delivering top performance to any L1, powered by Decoupled SVM.” Followed by 40 of our mutuals. h/t @Grantblocmates:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $20M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Macro schedule for the week ahead c/o @KobeissiLetter:
-TA from smolting:
-Lot of attention on PUPS today, h/t @Tyler_Did_It:
-Memecoins flying again today, h/t @alpha_pls:
-The contrarian(?) take on memecoins from @Jesseeckel:
-Hyperliquid temporarily halted their bridge overnight, h/t @solidintel_x:
-$TAO continuing to surge, h/t @DegenerateNews:
-Interesting observations/alfa from @0xGeeGee:
-Additional headlines from @blocmatesnews:
-Macro headlines, h/t @zerohedge:
-News from the Bittensor/TAO ecosystem, h/t @OnchainOutpost:
-Market thoughts from @QwQiao:
-New roundtable discussion from @Unchained_pod on Celestia, EigenLayer and other related topics:
-New @JackFarley96 interview with @LynAledenContact on macro, Bitcoin, etc:
-New update on everything Cosmos-related from @Cryptocito:
-Weekly macro overview from Joseph Wang @FedGuy12:
-Parting wisdom from @ayyyeandy:
Conclusion
Happy Monday friends! Stay alert out there!
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.