Happy Sunday friends! No days off in crypto!
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: $1,924.80
Oil (WTI): $90.34
Stocks (from:@News4Moves): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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ChainEDGE is essentially an on-chain analytics + smart money tracker on steroids… To quote the official site:
“chainEDGE programatically curates the best crypto traders in the world to bring you digestible alpha. Easily monitor the inflows and outflows of smart money trading activity to surface potential upcoming catalysts, narratives or even new launches.”
Here is a good thread on ChainEDGE from @0xSalazar:
Biggest TVL Movers + Else
Chains are mostly green today. Top 50 chains up at least 20% on the monthly include Tron (#2), Starknet (#34), Kujira (#43), and Sui (#44). Only top 50 chain down 20% on the monthly is Parallel (#48).
Protocols are mixed today. Top 100 protocols up at least 30% on the monthly include JustLend (#4), Binance Staked ETH (#16), WemixFi (#42), PearlFi (#75), Silo Finance (#87), and Tangible (#92). Only top 100 protocol down at least 30% on the monthly is Lybra Finance (#47) (although this may be a tracking issue to do with the launch of their V2 - not sure).
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):
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 @AmpyMP3. Twitter bio states “Unlocking the music social graph. We dissolve data silos into new ways to consume & monetize music, through Web2 & Web3.”
-New project called @freaticteam. Twitter bio states “Connecting you to the right opportunity before anyone else. Backed by @a16zcrypto Founding team: @0x8ES, @0x8ME, and @0x8QE”. h/t @CryptoNikyous:
-Something new on Solana called @theDreamOS. Twitter bio states “The Operating System for Web3”. h/t @thealphadigest:
-New dex called @Swapr_dapp. Twitter bio states “Your DeFi power tool. Swap, farm and bridge without worrying about your privacy.” h/t @thealphadigest:
-New dex on Op_Bnb chain called @OpBananaFam has been added to @DefiLlama. Twitter bio states “🍌The slippery Dex now on #OpBNB |🐒Trade with speed | 🐵Market Make efficienctly!”
-New project on Eth Mainnet listed as ‘Yield’ protocol called @TholgarFi has been added to @DefiLlama. Twitter bio states “The governance tokens yielder. Pioneering Synergy with @Paladin_vote”.
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)
-Ethereum Mainnet transaction fees hit new low for the year, h/t @Hercules_Defi:
-Historical $BTC returns by quarter c/o @CryptoYoddha:
-Interesting macro chart if accurate:
-Chainlink getting a lot of attention lately, h/t @Rendoshi1 and @ChainLinkGod:
-Very interesting chart from @sunnydecree:
-@friendtech hits new TVL high, h/t @KingMgugga:
-Interesting update re: last cycle’s famous “Dogecoin Millionaire”, h/t @Blind__Luck:
-Arbitrum generating attention post-grants vote:
-Another good @friendtech thread/update from @DrgStefanescu:
-Very popular + very long macro thread from @Concodanomics:
-Market cycle analysis from @loomdart:
-New weekly roundup video from @BanklessHQ going over several dozen of the top stories in crypto:
-Interesting new macro video from @AndreasSteno on @RealVision:
-Parting wisdom from @TheDeFinvestor c/o @QuotableCrypto:
Conclusion
Happy Sunday friends! Don’t forget to touch some grass today!
And please RT/subscribe/etc if you found this valuable! :)
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Note
Our friends at @zkxprotocol have just announced an important new feature!
Its called ZKX Account, and is one of many new features and updates the team has been shipping lately!
As background, @zkxprotocol is an omnichain perpetuals dex that we’ve been helping raise awareness about this year…
With ZKX Account, they aim to “deliver a seamless onboarding journey similar to that of a CEX but w/ the security of a DEX 💪”.
Make sure to follow ZKX on Twitter for more updates, and make sure to check out their announcement about ZKX Account 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.