Happy Tuesday and Happy ETH ETF launch day good 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 @CryptoBubbles):
Gold: $2390.40
Oil (WTI): $78.37
US 10Y Treasury: 4.248%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The team at @silentdao_ is diligently working on some extremely important privacy tech, building what is essentially meant to be a middleware privacy/encryption layer designed to facilitate composable privacy solutions within the EVM itself... so that you can utilize all the same mechanisms and protocols on-chain you normally would, but with built-in privacy protection while you do so!
Our editor @rektdiomedes has been helping raise awareness about what the @silentdao_ team have been building, and their launch is coming soon, and follow them on Twitter for more updates!
And make sure to check out their latest article below!
Biggest TVL Movers + Else
Chains are mostly red today. Only top 50 chains green on all three timelines (daily, weekly, monthly) include Starknet (#26), Core (#33), and dYdX (#34).
Protocols are also mostly red today. Top 50 protocols green on all three timelines (daily, weekly, monthly) include Coinbase Wrapped Staked ETH (#37), Mellow Protocol (#41), and Ondo Finance (#46).
Here’s The Top 12 Chains By TVL Growth On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL Growth 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 Dex’s By 7 Day Volume (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!)
-Something new called @narrativexyz. Twitter bio states “Trade narratives with leverage. Built on @monad_xyz”. Followed by 6 of our mutuals. h/t @AresLabs_xyz:
-Something new called @proofpassio. Twitter bio states “Proofpass(dot)io - bridging the gap of email-based ticketing and ZK ticket verification. Powered by @GalxeIdentity and @nebrazkp”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-New Dex on Saakuru chain called @taffy_finance has been added to @DefiLlama. Twitter bio states “Swap, Earn and Stake Tokens with Zero Gas Fees on Saakuru / Oasys...” Not followed by any of our mutuals but has 700k TVL.
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Ethereum ETF’s go live today, h/t @EricBalchunas:
-Blackrock Bitcoin ETF had massive inflows yesterday:
-Headlines from @blocmatesnews:
-SOL/BTC TA from @BobLoukas:
-Interesting stat on top ten dex’s from @coingecko:
-Rumors about Deribit have been going around on Twitter, link to check their live numbers from @DefiLlama:
-Stablecoin market cap creeping upward, h/t @dunleavy89:
-Coinbase App Store Ranking climbing but still not in top 100, h/t @Dogetoshi:
-Update on @cobie’s new project @echodotxyz:
-Thoughts on funding rates from @thedefivillain:
-Interesting note from @blknoiz06:
-New macro video from @Blockworks_:
-Update on everything ETH-related from @sassal0x:
-New video on crypto investing strategy from @Jesseeckel:
-New overview of top crypto news from @coinbureau:
-Parting wisdom c/o @noahseidman:
Conclusion
Happy Tuesday friends and stay hypervigilant out there!
And please RT/subscribe/etc if you found this valuable!
-
-
Note
The CEX landscape is ossified and calcified good anon… but you can get the same experience on-chain with our Official Sponsor @vertex_protocol!
Vertex currently offers over 40 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, if you like juicy yields, you can also stake VRTX to benefit from both ‘RealYield’ paid in USDC and the official VRTX buyback & burn program!
Visit their site now at app.vertexprotocol.com for the above-noted opportunities and 40+ perps and spot markets and make sure to follow them on Twitter for more updates!
-
-
***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.
