Happy Friday good frog-folk!
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: $1,914.80
Oil (WTI): $90.77
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Important announcement from our friends at @zkxprotocol - who have just released their $ZKX token!
As background, @zkxprotocol is an omnichain perpetuals dex that we’ve been helping raise awareness about this year…
They detail everything to know about the new token in this Medium article, and also break it down in the below thread… including governance power, protocol revenues via $USDC, and numerous other benefits!
Make sure to follow ZKX on Twitter for more updates, and make sure to check out the thread below!
Biggest TVL Movers + Else
Chains are mostly green today. Top 50 chains up at least 10% on the monthly include Base (#9), Starknet (#34), Sui (#43), and Injective (#44).
Protocols are mostly green today too. Top 200 protocols up at least 50% on the monthly include EigenLayer (#33), Silo Finance (#92), Liquid Collective (#131), friendtech (#143), Aktionariat (#155), W3swap (#159), and GLIF Pools Infinity Pool (#180).
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 Dex’s By 7 Day Volume (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
-24 Hour Smart Money Summary From @OnChainWizard:
September 14, 2023 chainEDGE - Today's Summary BANANA v2 led smart inflows today, with $151k of net swap inflows. Other inflows were seen in Real Smurf Cat, RLB, OX, CAW and PRIME. UNIBOT was the leader in outflows, with $59k of net sell flows. On a 7 day basis, BANANA is far and away the leader with $444k of inflows on v1, and $151k of inflows on v2. Other notable 7 day accumulation was seen in DMT, MEF and PERPS. Most new launches are low quality, rugs, etc, so the new launch flows have not been great, outside of new launch Real Smurf Cat. PEPE and RLB remain the highest smart money owned tokens (that aren't boring), with ~$3mm of holdings each. UNIBOT and BITCOIN have fallen down to $1-2mm of smart holdings. Notable smart ownership in new projects was seen in Real Smurf Cat at $525k, FINE at $235k, SUPER at $57k, and SHIA at $419k. Trader highlight of the day is 🚀 New Launch Pro 0xa20...ebd who made $192k of realized gains on UNIBOT.
New Protocols
(note: this includes new defi protocols we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New trading bot project called @croc_bot_app. Twitter bio states “Airdrop farming bot built by sybil experts 🐊”.
-New trading bot project called @ThunderBotApp. Twitter bio states “Speak, trade, profit. Bot : Coming soon.” h/t @DegenCamp:
-New project called @seer_market. Twitter bio states “$SEER a decentralized and permissionless prediction market protocol on Optimism and powered by UMA optimistic oracle”. h/t @DegenCamp:
-New dex on Op_Bnb called @Bunnyswap_io. Twitter bio states “Building the Next Generation DEX on #opBNB”. h/t @DegenCamp:
-New project called @tipcoineth. Twitter bio states “The future of social interaction. To earn points make sure to mention $tip or #tip Our contract is not live.” h/t @DegenCamp:
-New Base dex called @DonutBaseFi. Twitter bio states “Yield Farming project based on #Basechain”. h/t @ApeOClock:
-Something new called @LayerN_Official. Twitter bio states “Ethereum's financial superlayer—A novel layer 2 designed for and to scale decentralized finance. Backed by @foundersfund and @daofive”. h/t @AresLabs_xyz:
-New prediction market on Polygon called @oneguyfinance has been added to @DefiLlama. Twitter bio states “Decentralize dex & gaming”.
-New lending protocol on ‘Pego’ chain called @w3_foundation has been added to @DefiLlama. Twitter bio states “W3 Foundation: A decentralized organization built on the W3 community, dedicated to the sustainable development of the W3 ecosystem.”
-New yield farm on Pulse Chain called @flashpulsechain has been added to @DefiLlama. Twitter bio states “⚡The fastest Defi app on #PulseChain⚡ Stake💎, Earn📈 and Earn again 🔥!”
-New dex on Base called @xbased_xyz has been added to @DefiLlama. Twitter bio states “Xbased is Community-owned DEX on @BuildOnBase for the #Base ecosystem.”
Security Alerts
-@PeckShieldAlert released the following alert:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $5M+ 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)
-Oil back over $90:
-Telegram $TON-based wallet continuing to generate attention:
-Interesting chart of stablecoin adoption, h/t @WClementeIII:
-Take on the current VC landscape from @ciaobelindazhou:
-Interesting governance proposal re: Convex Finance, flagged by @0xMughal:
-Telling macro data from @DylanLeClair_:
-@friendtech update from @Tyler_Did_It:
-Surge in BTFP usage as banks seek liquidity:
-13 @friendtech accounts now have marketcaps over $1M, from excellent thread of @friendtech charts from @redphonecrypto:
-Very well-done thread/long-form tweet from @DrgStefanescu curating bull vs bear arguments on @friendtech:
-New video from @DeFi_Dad on @protocol_fx, the new “ETH purist stablecoin and leverage token”:
-Good video from @0xMughal on @AlchemixFi, which has been seeing a resurgence in attention + TVL as of late:
-New @BanklessHQ roundup going over all the top stories in crypto, live from Permissionless:
-Parting wisdom c/o @CurveCap via @QuotableCrypto:
Conclusion
Have a great Friday degens!
And please RT/subscribe/etc if you found this valuable! :)
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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.