Happy Tuesday friends! Let’s get after it!
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: $2527.20
Oil (WTI): $72.96
US 10Y Treasury: 3.909%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Reminder good degens… Part Two of ‘Orderbook Tranquility’ is live on @SeiNetwork X @vertex_protocol!
As previously mentioned, Sei is the latest chain Vertex has deployed on as their cross-chain liquidity explosion continues!
‘Orderbook Tranquility’ is the associated Galxe campaign… allowing users to complete quests and earn a share of 100k VRTX and 5k USDC in rewards, as detailed in the thread below!
And, as always, Vertex currently offers over 50 different perps and spot markets with an experience just as smooth as any centralized exchange, utilizing a state of the art cross-chain liquidity infrastructure via their Edge system @EdgeLayer! In addition, you can also stake VRTX to benefit from both real yield paid in USDC as well as the official VRTX buyback & burn program!
Learn more below, visit the Vertex site at app.vertexprotocol.com, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Biggest gainer on the weekly among top 50 chains is TON (#21) at +11.80%.
Protocols are also mixed today. Biggest gainer on the weekly among top 100 protocols is Ondo Finance (#42) at +6.34%.
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 Holders’ Revenue (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!)
-New Monad dex called @OctoSwapDex. Twitter bio states “Simple, secure, efficient and fun. Natively on Monad ⨀”. Followed by 4 of our mutuals. h/t @AresLabs_xyz:
-New Berachain project called @INTERPOL_FI. Twitter bio states “Keeping Beras SAFU 🐾💎 For protocols & beras. Provide rug insurance while still being able to play PoL. A @0xhoneyjar Joint”. Followed by 8 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) - 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)
-Look at the month ahead, h/t @coingecko:
-Conference season is upon us, h/t @LDNCryptoClub:
-Appears that Scroll airdrop may be taking place soon, h/t @WuBlockchain:
-New protocol @ethervista generating lots of attention on the TL, h/t @Grantblocmates and excellent long-form explanation of it from @Cryptotrissy:
-Reminder that while September is historically bearish, October tends to be just as bullish, h/t @TheDeFinvestor:
-Much discussion re: @pumptdotfun reaching $100M in revenue, h/t @QwQiao:
-ETH/BTC TA from @DaanCrypto:
-Helium continues to be main outperformer among larger tokens, h/t @DegenerateNews:
-New Vitalik article generating attention, summary h/t @WuBlockchain:
-Much discussion re: upcoming (expected) Fed rate cuts, h/t @jvb_xyz:
-Additional headline curation c/o @Cprinze_:
-New crypto/macro livestream from @noahseidman:
-New @BanklessHQ interview with pro-crypto politician Cynthia Lummis:
-New update on everything Cosmos-related from @Cryptocito:
-Parting wisdom from @intern (transcription of famous @IvanOnTech quote):
Conclusion
Have a great Tuesday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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Note
The team at @silentdao_ is continuing to develop their revolutionary new on-chain privacy architecture… which is essentially meant to be a middleware privacy/encryption layer that will facilitate composable privacy solutions within the EVM itself...
To quote their most recent article:
“Silent Protocol is building the ghost layer, a modular layer 1.5 providing compliant privacy built on the EZEE framework to become that structured playground for institutions and retail users that can provide compliant, secure and privacy preserving access to ethereum native and cross chain liquidity along with enabling access to applications.”
Our editor @rektdiomedes is helping bang the drum about everything @silentdao_ is working on, so make sure to check out the below article, and follow Silent on Twitter for more updates!
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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.