Happy Saturday good degens! Some attractive price action we’re seeing so far this weekend!
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: $2432.80
Oil (WTI): $77.16
US 10Y Treasury: 4.193%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mostly green today. Top 30 chains up at least 30% on the monthly include Avalanche (#8), Scroll (#9), Hyperliquid (#15), and Mantle (#16).
Protocols are mostly green today. Top 60 protocols up at least 60% on the monthly include Symbiotic (#29), LayerBank (#33), Mellow Protocol (#41), and Stargate Finance (#53).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $50M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $50M 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)
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 @nashfinanceX. Twitter bio states “Dynamic Crypto Index Funds - Market Aligned Compositions - Managed by an AI Agent - Tradable Index Vaults”. Followed by 6 of our mutuals. h/t @hmalviya9:
-New project called @ipxprotocol. Twitter bio states “Beyond DEX, the first-ever IP-Fi infra built on Story L1 @Storyprotocol”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-Something new called @MiraProtocol. Twitter bio states “The best place to trade and earn on @fuel_network”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-Something new called @0xcatalysts. Twitter bio states “Modular infrastructure for building shared security networks.” Followed by 3 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) - 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)
-Crypto prices are climbing this weekend, with a huge week in macro ahead of us, h/t @qthomp:
-Grayscale outflows once again the dominant topic of discussion following ETF approvals:
-Lot of folks commenting on charts looking bullish, h/t @TraderKoz:
-More and more signs of institutional adoption:
-Comments from RFK Jr at the Bitcoin conference in Nashville last night catalyzed much discussion, h/t @redphonecrypto:
-New $AAVE developments/proposals generating much attention the last couple days, good breakdown from @tomwanhh below (click to read in full):
-Very interesting stat re: Ethereum and L2 fees from @smyyguy (click to read rest of thread):
-Thoughts on select defi tokens from @alpha_pls:
-Milady’s continue to outperform, h/t @MattFiebach:
-Airdrop farming alfa from @NPC_68:
-Very interesting crypto-adjacent thoughts re: private equity, VC’s, AI, etc from @carrynointerest:
-New episode of @0xSteadyLads:
-New discussion between @santiagoroel and @JasonYanowitz on @theempirepod:
-New master-class video on doing your own on-chain research and the best sources and methods for doing so, from @Dynamo_Patrick:
-New Q&A video with macro gigabrain @LukeGromen:
-New @DeFi_Dad interview with @DeFi_Made_Here about Fluid Dex from @Instadapp:
-Parting sentiments from @chang_defi and @NightTheRapture:
Conclusion
Happy Saturday friends! Stay alert out there and don’t forget to touch some grass this weekend!
And please RT/subscribe/etc if you found this valuable!
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Note
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!
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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.
