Happy Tuesday degens! 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: $1,934.20
Oil (WTI): $92.41
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…
Here is a great thread on the platform from @0xSalazar:
Biggest TVL Movers + Else
Chains are very green today. Biggest gainer on the weekly among top 30 chains is Tron (#2) at +19.95%, and biggest loser is Klaytn (#19) at -0.26%.
Protocols are slightly more mixed today. Biggest gainer on the weekly among top 100 protocols is stUSDT (#12) at +95.18%, and biggest loser is Loopring (#73) at -10.18%.
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!)
-Something new called @AmnisFinance. Twitter bio states “Simplified APT staking”.
-L1 launching soon called @MassaLabs. Twitter bio states “The first truly decentralized blockchain. Join our testnet! Check our Quests Dashboard...” h/t @brave_raf:
-New project called @InfinityBit_io. Twitter bio states “Transparent #CEX with all transactions on-chain for complete verifiability. Auditable by anyone, at any time. Not a DEX. Self-Verify our Reserves. #IBIT” h/t @brave_raf:
-Previously-mentioned Base dex @DIP_Exchange has been added to @DefiLlama. Twitter bio states “A transparent decentralized derivatives exchange @BuildOnBase 🛡️ enabling the creation of perpetual trading for any asset by anyone.”
-New project listed as a yield protocol on ETH Mainnet called @MangafiOfficial has been added to @DefiLlama. Twitter bio states “The Light and Future of the #Crypto Industry. A series of #Defi #fancoins and #NFT assets backed by collaterals. #bullrun #NFTCommmunity #PassiveIncome #1000XG”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ 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)
-Prevalence of Binance headlines continues:
-Alt L1 Canto to become Ethereum L2:
-Telegram and $TON continue to generate attention, h/t @Dynamo_Patrick and @nobrainflip:
-Interesting historical macro stat c/o @dunleavy89:
-US national debt hits $33 trillion:
-Thoughts on market from @Rewkang:
-Excellent thread + article on @friendtech from @CurveCap:
-Excellent thread on MetaMask ‘Snaps’ from @the_smart_ape:
-Interesting article from former Fed insider Joseph Wang @FedGuy12, on bond market illiquidity and long-term debt monetization by Fed:
-Another interesting @friendtech thread from @DrgStefanescu:
-Interesting macro/crypto roundtable discussion from Permissionless 2023 featuring Jim Bianco, Mark Yusko, Jurrien Timmer, and Jack Farley via @Blockworks_:
-New episode of The Daily Gwei from @sassal0x with all the updates on Ethereum tech + defi:
-New interview with Tether CTO/co-founder @PaoloArdoino from @APompliano:
-Good new crypto/macro livestream from @noahseidman:
-Positive sentiments from outside the immediate crypto sphere from @BusinessBarista:
-Parting wisdom from @lou_markets:
Conclusion
Happy Tuesday friends! Let’s get after it!
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.