Happy Friday! The nascent bull market vibes continue :)
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: $2685.85
Oil (WTI): $67.74
US 10Y Treasury: 3.779%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note good degens! We are going to be raising awareness about everything the gigabrains at @DIAdata_org have been building!
DIA just announced ‘Lumina’, a brand-new rollup-based oracle network, reimagined from scratch!
DIA Lumina is composed of state-of-the-art modular components such as Zero-Knowledge technology, a cross-chain messaging protocol, ETH scaling solutions, and more!
DIA Lumina’s native Ethereum L2 rollup, ‘Lasernet’, executes all critical oracle operations, ensuring trustless computation and full verifiability...
Make sure to follow DIA on Twitter to track the updates as they gradually roll out, which will include staking and tokenomics for the native DIA token!
Biggest TVL Movers + Else
Chains are quite green today. Top 20 chains up at least 30% on the monthly include Base (#6), Sui (#8), Aptos (#15), CORE (#19), and TON (#20).
Protocols are also quite green. Top 50 protocols up at least 30% on the monthly include Binance Staked ETH (#8), Aerodrome (#32), Avalon Labs (#48), NAVI Protocol (#63), PulseX (#72), DeSyn Protocol (#81), Colend Protocol (#86), Amnis Finance (#96), and STON(dot)fi (#100).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Here’s The Top 12 Solana Protocols By TVL (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
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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!)
-New project called @midl_xyz. Twitter bio states “Sleep mode 💤 Bitcoin infrastructure. Run&Build your dApps on BTC...” Followed by 3 of our mutuals. h/t @twindoges:
-Something new called @RocksProtocol. Twitter bio states “Harnessing dual-token dynamics for optimal yield returns & enhanced stability”. Followed by 4 of our mutuals. h/t @twindoges:
-New project called @MoarMarket. Twitter bio states “Credit Layer Built on Move”. Followed by 9 of our mutuals. h/t @AresLabs_xyz:
-Something new called @Alison_Bitcoin. Twitter bio states “A zkEVM rollup for Bitcoin, enabling scalable, decentralized computation and smart contracts with cross-chain liquidity”. Followed by 5 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Security alert from @peckshield:
-Security alert from @Bedrock_DeFi:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Memecoins are running, h/t @DegenerateNews:
-Bitcoin moving up through the range its been consolidating in these last six months, h/t @jake_pahor:
-”Zoo-coin” meta rolling on, h/t @FarmerBrownDeFi:
-Aerodrome continuing to generate numbers + attention, h/t @Dynamo_Patrick:
-Additional headlines c/o @blocmatesnews:
-More defi news/alfa from @TheDeFinvestor:
-Interesting stats from @ToastyAlpha:
-Notes on the recent David Tepper interview that’s getting a lot of attention in macro circles, from @alphanonceStaff:
-Excellent long-form thoughts/takeaways from Singapore conference from @mrjasonchoi (click to read in full):
-Thoughts from @goodalexander:
-Thoughts from @DegenPing:
-New gem-hunting escapades from @jediblocmates and @Grantblocmates at @blocmatesdotcom:
-New roundtable discussion from @Unchained_pod:
-New episode of the 1000x podcast featuring @chiefingza:
-New episode of Magic Internet Money from @phtevenstrong The Calculator Guy:
-Parting wisdom from @marcusmoles:
Conclusion
Happy Friday and stay alert out there friends!
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.