Happy Sunday 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: $2399.80
Oil (WTI): $83.16
US 10Y Treasury: 4.277%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends! We are helping spread the good word about an extremely cool project called @TokenSight_Io!
TokenSight is a trading bot + dex currently serving users across 10+ blockchains!
Some of their key features include:
- Exquisite UX and high level of security
- Secure self-custodial wallets
- Trading on ten different chains via Web UI and Telegram Bot
- Different types of trades: Buy/Sell, Limit Orders, Stop Loss Orders
- Comprehensive portfolio overview via TokenSight Dashboard
- Referrals links program
- Fiat on-ramp
- TaskOn Rewards Campaign
We will be releasing more info on everything they’ve been working on soon, so make sure to stay tuned for that, and learn more about their fiat on ramping below and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chains green on all three timelines (daily, weekly, monthly) are Scroll (#16), dYdX (#33), and Sei (#47).
Protocols are mixed today as well. Only top 50 protocols green on all three timelines (daily, weekly, monthly) are JustStables (#22), Ondo Finance (#37), and Lista DAO (#44).
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 Revenue Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-Lot of talk about ARB price action on the TL lately… with current price down substantially from its all-time high’s earlier this year… Do you think its due for a bump or on track to decline further?!? Express your position via spot or leverage and access 40+ other markets as well at app.vertexprotocol.com!
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 @snailfi_. Twitter bio states “Building the future lending and borrowing on SlowFi, powered by @opnetbtc”. Followed by 3 of our mutuals. h/t @twindoges:
-Something new called @berpfi. Twitter bio states “Bringing perps to SlowFi on #Bitcoin, powered by @opnetbtc”. Followed by 3 of our mutuals. h/t @twindoges:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $10M+ TVL) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Bitcoin’s correlation with equities at 4.5 year low, h/t @WClementeIII:
-Bullish SOL/BTC chart from @cburniske:
-Still no pop for GameFi yet this cycle, h/t @CryptoKoryo:
-Update on German government selling, h/t @WuBlockchain:
-$COIN staying elevated despite broader crypto drawdown, h/t @0xjaypeg:
-Crypto watchlist for the week ahead from @TheDeFinvestor:
-Latest real-time inflation data from @truflation:
-Additional headlines c/o @Cprinze_:
-Interesting thread of Bitcoin TA from @intocryptoverse:
-Thoughts from @fejau_inc:
-Wisdom from @cburniske:
-Weekly macro update from Joseph Wang @FedGuy12:
-Parting sentiments from @safetyth1rd:
Conclusion
Happy Sunday good anons! Stay alert out there!
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.
