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: $2652.20
Oil (WTI): $71.20
US 10Y Treasury: 3.768%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Unrelenting shipping from our friends at @vertex_protocol good anons!
Their recent launch on Base is making waves and the Vertex omnichain-liquidity flywheel continues to expand!
Take note of the extremely interesting tweet from Vertex co-founder @DariusTabai below regarding this and other items of note :)
And as always, Vertex currently offers over 50 different perps and spot markets with an experience just as smooth as any centralized exchange! In addition, if you like juicy yields, you can also stake VRTX to benefit from both ‘RealYield’ paid in USDC and the official VRTX buyback & burn program!
Visit the Vertex site now at app.vertexprotocol.com, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are very green today. Top 30 chains up at least 20% on the weekly include Base (#6), Sui (#8), Aptos (#16), Pulsechain (#24), and Sei (#30).
Protocols are also quite green. Top 100 protocols up at least 20% on the weekly include Aerodrome (#33), NAVI Protocol (#63), Elixir (#72), and Defi Saver (#97).
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 Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
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 @hemi_xyz. Twitter bio states “Hemi is a modular protocol for superior scaling, security, and interoperability, powered by Bitcoin and Ethereum.” Followed by 21 of our mutuals. h/t @twindoges:
-Something new/newish called @Superpositionso. Twitter bio states “The first blockchain that pays you to use it 🖤🤍 Incentivised Testnet is LIVE!” Followed by 60 of our mutuals. h/t @twindoges:
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, h/t @KobeissiLetter:
-Historic Q4 $BTC returns have been bullish, h/t @TheDeFinvestor:
-Market currently pricing in 250 bps of rate cuts over the next 12 months, h/t @dunleavy89:
-Upcoming unlocks info from @NewsInSmol:
-$cbBTC supply growing, h/t @NPC_68:
-Additional headlines from @blocmatesnews:
-More Singapore takeaways from @tomwanhh:
-Token thoughts from @CryptoStreamHub:
-Additional token thoughts/observations from @tradetheflow_:
-Macro ruminations from @WClementeIII:
-Video of @levelsio and @balajis discussion at The Network State Conference, h/t @EcomBeckett:
-New episode of @0xSteadyLads podcast:
-New macro interview with @LukeGromen:
-Parting sentiments c/o @achilleswifhat:
Conclusion
Have a great Monday 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’ 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.