Happy Saturday friends! Lots of stuff going on!
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: $1,924.10
Oil (WTI): $90.77
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
@ChainEDGE_io is our official sponsor for the month of September!
ChainEDGE is the creation of our good friend @OnChainWizard, and is a gigabrain on-chain analytics + smart money tracker offering all sorts of high-value alpha, all via 100% real-time data…
It also includes a private TG group which is extremely popular among users…
Here is a thread on it from @OnChainWizard himself:
Biggest TVL Movers + Else
Chains are quite green today. Top 50 chains up at least 20% on the monthly include Tron (#2), Starknet (#34), and Sui (#43). Top 50 chains down at least 20% on the monthly include Metis (#44), Parallel (#46), and Acala (#50).
Protocols are quite green today as well. Top 100 protocols up at least 25% on the monthly include JustLend (#4), Binance Staked ETH (#16), EigenLayer (#33), DeFiChain Dex (#57), PearlFi (#83), and Silo Finance (#93). Top 100 protocols down at least 25% on the monthly include Lybra Finance (#47), Velodrome (#48), Synapse (#59), Marinade Finance (#61), and MatrixDock (#69).
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 By 7 Day Stablecoin Inflow % (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 trading bot project called @ProphetBots. Twitter bio states “The Telegram Trading Prophecy | The #1 Free & Easy-To-Use Trading Bot | Automated Profit | Highest Revenue Share | LAUNCH SOON 🔮”.
-New project called @yoyomarket_io. Twitter bio states “Yoyo Market is a player-versus-player prediction market.” h/t @thealphadigest:
-New project called @Weft_Finance. Twitter bio states “Welcome to a nice and secure place for Asset Lenders and Borrowers Built on @radixdlt 🔥 #RunsOnRadix DeFi Faster Simpler Safer”. h/t @thealphadigest:
-New dex on @Scroll_ZKP called @ivyswap_io. Twitter bio states “Build the 1st Native DEX & Launchpad on @Scroll_ZKP Social coming soon #Scroll”. h/t @thealphadigest:
-New project called @HyperDrive_fi. Twitter bio states “The First Cross-Chain Native Asset Bridge using 100% Unified Liquidity”. h/t @thealphadigest:
-New dex called @TheRexDex on Wanchain has been added to @DefiLlama. Twitter bio states “Welcome to RexDex | Unleash DeFi potential | $REX staking | NFT boosting | Join the revolution now! 🦖💰🚀 #Wanchain #RexDex #DeFi”.
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)
-Yesterday was the one year anniversary of The Merge, h/t @sassal0x and @tomwanhh:
-Stablecoin liquidity trickled up last month for the first time in over a year, h/t @Dynamo_Patrick:
-@friendtech still generating massive attention, though TVL sold off a bit after the points release yesterday, h/t @alpha_pls, @0xCaptainLevi (click for rest of his long-form tweet), and @CirrusNFT:
-Optimism has flipped Arbitrum in market cap, h/t @Moonshot211:
-Ethereum testnet ‘Holesky’ launches:
-Macro takes from @LukeGromen:
-Takes from Token2049 in Singapore from @degentradingLSD and @vaneckpk:
-Cracks in Canadian real estate starting to appear?
-Mark Cuban apparently suffered a wallet-draining attack:
-Latest inflation data from @truflation:
-Excellent article on @friendtech from @alpha_pls:
-Good thread on interesting new fair launch decentralized sportsbook protocol on Arbitrum c/o @DeFiMann:
-@ErikVoorhees much-discussed keynote speech from Permissionless was just posted on YouTube:
-New technical trading video/tutorial from @TheFlowHorse:
-New macro interview from @Blockworks_ with macro gigabrain and defi fan @BiancoResearch:
-Parting (throwback) wisdom from @resdegen:
Conclusion
Have a great Saturday friends! Don’t forget to touch some grass today!
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.