Happy Sunday lads and ladettes!
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: $1,918.70
Oil (WTI): $87.51
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Attention degens! The gigabrains over at @stellaxyz_ have joined the trading bot revolution!
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, where users can earn yields on tokens like $ETH, $PENDLE, $JOE, $ARB, $RDNT, and $USDC.e… leverage up some of the top LP pairs on Arbitrum… and more!
They just released a new Telegram bot called ‘Sirius’… which allows leveragoors to monitor their positions, see the top 5 strategies with highest apr, and check their wallet balance in real time… with more features coming soon!
They’re also working on a mysterious product upgrade called ‘Hypernova’, so make sure to follow them on Twitter for continued updates, and check out their thread on Sirius below!
Biggest TVL Movers + Else
Chains are very red today. Only top 30 chains green on the monthly are Tron (#2), Base (#8), Gnosis (#23), and Thorchain (#27).
Protocols are very red today as well. Top 100 protocols green on all three timelines (daily, weekly, monthly) include stUSDT (#15), Stargate (#26), RealT (#65), and PearlFi (#86).
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):
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 SocialFi project called @friendroomorg. Twitter bio states “Buy, create, explore & speculate on rooms with friends - $FRIEND”. h/t @drakeondigital:
-New trading bot project called @AlphaBotCalls. Twitter bio states “Building an ecosystem of callers and promoting merit-based exposure, all powered by our proprietary call-tracking technology.” h/t @CryptoNikyous:
-Another new trading bot project called @Nolo_Bot. Twitter bio states “Official Account of NoloBot - The Original Perps and Swap Discord Trading Bot”. h/t @CryptoNikyous:
-New chain/project called @SolareumChain. Twitter bio states “Pioneering Proof of Generation (PoG) validation technology on the worlds first sustainable L1 Blockchain. ☀️🍃”. h/t @CryptoNikyous:
-New dex on Base called @PlantBaseSwap. Twitter bio states “Native DEX, Yield Farming, and Staking on @BuildOnBase”. h/t @ApeOClock:
-Previously-mentioned Shibarium dex @DalmatianDex has been added to @DefiLlama. Again, Twitter bio states “Unleashing innovative #DEX solutions for true yields and liquidity on @ShibariumNet. Trade, Earn Yields, Stay Fetched.”
-Previously-mentioned Base dex @BaseSwap_Fi has been added to @DefiLlama. Again, Twitter bio states “#1 Native DEX on @BuildOnBase By Based Team for Based You. 💪 *BaseSwap is developed and managed independently of the Coinbase/Base team.”
Security Alerts
-Vitalik’s Twitter account was compromised yesterday, h/t @bantg and @officer_cia and @TimBeiko:
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)
-Poor price action continuing:
-Quick summary from @thedefivillain:
-Lots of debate about potential impending sell pressure from FTX estate, sample from @TheDefInvestor below:
-Related FTX update from @sunil_trades:
-Oil prices at 10-month high’s and SPR at a 40-year low:
-Lots of new SocialFi projects launching, h/t @CryptoNikyous:
-Interesting stats on crypto ownership % by country:
-Another project - @glassprotocol- winding down:
-Interesting thread of observations on @friendtech from @redphonecrypto:
-Good technical thread from @ShivanshuMadan:
-Interesting thought from @Dynamo_Patrick:
-New weekly breakdown video from @BanklessHQ covering several dozen of the top stories in crypto:
-Excellent new protocol breakdown from The Calculator Guy @thecalcguy on Levana Protocol:
-Parting sentiments from @TheFlowHorse:
Conclusion
Have a great Sunday friends!
And please RT/subscribe/etc if you found this valuable! :)
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Note
As previously mentioned, we are proud to have @ChainEDGE_io as our new official sponsor!
ChainEDGE is the creation of our good friend @OnChainWizard, and is an absolutely gigabrained on-chain analytics + smart money tracker designed specifically for degens like our readers wanting the absolute best in real-time on-chain alfa!
Visit their site now to sign up and get started and check out @OnChainWizard’s latest video tutorial on the platform below!
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***Note On Material: The ‘Spotlight’ section 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.