Happy Thursday degens!
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: $1,875.60
Oil (WTI): $94.59
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our monthly sponsor @ChainEDGE_io is the creation of our good friend @OnChainWizard, one of the most respected on-chain sleuths and meme coin traders in all of defi, and we are stoked to be helping raise awareness about it!
ChainEDGE is essentially an on-chain analytics + smart money tracker on steroids, complete with live real-time smart money Alpha Stream, smart-money daily inflow/outflow tracking, daily summary from @OnChainWizard himself, and more!
To quote the official site:
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@OnChainWizard just created an @friendtech account where he will be sharing alfa from @ChainEDGE_io, so if you are a big FT user make sure to check him out there!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Canto (#33), Moonbeam (#35), and Sui (#38).
Protocols are mixed today as well. Top 50 protocols green on all three timelines (daily, weekly, monthly) are Aave (#2), Binance Staked ETH (#16), Stargate (#26), Radiant (#31), Ondo Finance (#37), and Pendle (#46).
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!)
-New dex on Linea called @AncoraFinance. Twitter bio states “ANCORA FINANCE helps you make the most out of your crypto in three ways: Trade, Earn, and Win”.
-Something new called @Odysea_protocol. Twitter bio states “🚀 Join the journey towards a transparent, protected, fair, and decentralized future.”
-Something new called @CommEX_com. Twitter bio states “CommEX stands for Community Exchange. Brand-new crypto exchange built for traders.” h/t @AresLabs_xyz:
-Something new on Sei Network called @Bril_Finance. Twitter bio states “Bril actively optimizes your portfolio strategies for a new dawn of yield on Sei Network”. h/t @AresLabs_xyz:
-New dex on Shibarium called @Ball_Exchange has been added to @DefiLlama. Twitter bio states “The #Shibarium native DEX. Custom-built liquidity infrastructure to support builders & generate real yield. #1 project launched on Shibarium”.
-New SocialFi project on BSC called @Friend3AI has been added to @DefiLlama. Twitter bio states “A social dApp that offers customizable pricing for your groups | Beta on @BNBCHAIN #opBNB | Audited by @PeckShield”.
-New dex on Pulse Chain called @bluemeteorpls has been added to @DefiLlama. Twitter bio states “Swap | Farm and stake tokens to the BlueMeteor Ecosystem ☄️”.
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)
-Gary Gensler made more headlines yesterday while appearing at congressional hearings:
-Dollar still trending up and $BTC down, h/t @Flowslikeosmo:
-Rising oil prices continue to generate discussion in macro-land:
-Arbitrum grant proposals starting to roll in, sample from @GMX_IO below c/o @PSYTWEAK:
-Schedule/supply analysis from @NorthRockLP:
-@JackFarley96 on the continuing bond market route:
-Uniswap dex market share still over 50%:
-Interesting ETH Mainnet year-to-date stats from good thread by @dontbuytops:
-Kraken apparently planning to add some tradfi trading to its platform:
-@friendtech stats from good thread by @sandraaleow:
-Interesting fact c/o @DeFi_Made_Here:
-Interesting new video discussing dex design and the current dex landscape from @thebellcurvepod featuring @MikeIppolito_ and @danrobinson:
-New video on @MakerDAO and overall defi overview from @TaikiMaeda2:
-Sentiments c/o @crypthoem:
-Parting wisdom from @neuro_oracle c/o @QuotableCrypto:
Conclusion
Happy Thursday friends!
And please RT/subscribe/etc if you found this valuable! :)
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Note
Important update from our friends at @StructFinance…. who are now live on mobile!
As background, Struct is a very cool new protocol that provides on-chain degens structured finance products to maximize their risk-adjusted yields….
Currently on Avalanche, they offer tranche-based yield bearing assets built on integrations with OG protocols like GMX, Trader Joe, and more!
We’ve been helping bang the drum about everything they’ve been building, so make sure to follow the Struct Twitter account for more updates, visit their site to check out the available yield products, and check out their above-referenced announcement below!
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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.