Happy Friday good frogs!
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: $1,866.20
Oil (WTI): $91.65
Stocks (from:@News4Moves):
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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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 quite green today. Top 50 chains up at least 10% on the weekly include Moonbeam (#34) and Sui (#37).
Protocols are quite green today as well. Protocols with at least $5M TVL up at least 50% on the weekly include Arbitrum yield protocol Vaultka, ETH Mainnet RWA protocol TProtocol, Binance Staked ETH, Filecoin staking protocol FiFi, multichain lending protocol Silo Finance, ETH Mainnet cdp protocol Lybra Finance, and Conflux staking protocol ABC Pool.
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!)
-New/newish project called @IconicMarkets. Twitter bio states “Simple, secure, on-chain crypto games. Powered by @HxroNetwork. #MoonRekt 📈📉 Play responsibly. Prohibited in the US & other restricted jurisdictions.”
-New/newish L1 called @treasurenet_io. Twitter bio states “First Layer 1 blockchain built by real-world assets🔗| Revolutionizing DeFi using RWA🔑| On-chain creditworthiness💳| Asset-based tokens, freely tradable🌟 #RWA”. h/t @brave_raf:
-Something called @fence_finance. Twitter bio states “Building internet-native debt capital markets.” h/t @thealphadigest:
-Something new called @BlitzRPC. Twitter bio states “Blitz aggregates user transactions, routing them to all miners to ensure private, fast, and secure transactions.” h/t @thealphadigest:
-New perp dex called @ODXfinance. Twitter bio states “The First Permissionless Perpetual Protocol with custom zkEVM App-chain”. h/t @thealphadigest:
-New SocialFi project called @ThePalApp. Twitter bio states “@BuildOnBase Web3 Social Media, Pal 🗯️ … Fully open source / Token-based (ERC-20) system, not keys #SocialFi 💜 BUIDL by @Gaia_Protocol”. h/t @Cprinze_:
-New dex on Base called @Bass_Exchange has been added to @DefiLlama. Twitter bio states “Innovative 🔁 Stableswap on #Base Minimize Slippage Rate Earn 💰#RealYields”.
-New derivatives protocol on Arbitrum called @0xArcanum has been added to @DefiLlama. Twitter bio states “Highly scalable fully decentralized protocol enabling generation of #ETFs tracking the prices of crypto assets within multipools”.
-New Arbitrum protocol @GammaSwapLabs has been added to @DefiLlama. Twitter bio states “Trade volatility on any asset oracle free. Earn a higher yield as an AMM LP. Turn Impermanent Loss into Impermanent Gain”.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $5M+ 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)
-Green price action today, with $ETH and OG defi tokens showing strength:
-News on Valkyrie ETF:
-BlackRock Spot ETF delayed by SEC:
-Continued attention on Arbitrum grants proposals, h/t @Castle__Cap and @FrancescoWeb3:
-Interesting LSDFi stats from @coingecko:
-Japan buying more of its own debt:
-Coinbase making progress on offering perps to international users:
-Filecoin liquid-staking TVL continuing to grow, h/t @Dynamo_Patrick:
-New Chainlink announcement generating a lot of attention:
-Some humor/sentiments c/o @tomkysar:
-Very good thread on the Trading Bot phenomenon from @redphonecrypto:
-Interesting (but unfortunate!) stat re: $LINK/$BTC:
-New @Blockworks_ interview with macro commentator @LukeGromen:
-New episode of The Daily Gwei from @sassal0x on various crypto news and Ethereum technical news:
-New episode of NFA Live featuring @coinbureau, @NewsAsset, and @intocryptoverse:
-Parting fatalistic wisdom c/o @FreddieRaynolds:
Conclusion
Have a great Friday degens! Stay alert out there!
And please RT/subscribe/etc if you found this valuable! :)
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Note
Silent Protocol @silentdao_ has announced a new integration with @LybraFinance!
As background, @silentdao_ is an extremely interesting new project currently building something quite significant + ambitious re: on-chain privacy… Rather than a standalone chain or a mixer, the idea is to create a composable middleware encryption layer that allows privacy preservation within the EVM itself, allowing users to interact with defi protocols anonymously…
Our editor @rektdiomedes is working with the @silentdao_ team to help with education/drum-banging/etc… so make sure to follow them on Twitter and see the following thread from @LybraFinance on the new integration 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.