Happy Friday good degens! Let’s get after it!
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: $2501.60
Oil (WTI): $75.55
US 10Y Treasury: 3.938%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends… our Official Sponsor @vertex_protocol just released the inaugural issue of their new Vertex Gazette! “Your go-to source for all things Vertex - product updates, new feature highlights and even some degen insights from the Edge ecosystem.”
It contains all the top news and updates and alfa relating to Vertex over the last month, and is extremely well worth reading!
Check it out by clicking here or via the tweet below!
And as always make sure to check out Vertex for all your on-chain trading needs as well!!! They currently offer 40+ perps and spot-markets, seamless crosschain trading, a new fiat on/off ramping integration with @transak, a robust referral program, and exquisite yields for LP’s and VRTX-stakers - who benefit from both ‘RealYield’ paid in USDC as well as the VRTX buyback & burn program!
Visit their site now at app.vertexprotocol.com! And make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mostly red again today. Only top 50 chains green on the weekly are Mode (#18), Core (#31), dYdX (#33), and BSquared (#40).
Protocols are mostly red as well. Only top 150 protocols up at least 10% on the weekly are Mellow Protocol (#37), Usual Money (#113), Colend Protocol (#136), and Superstate (#149).
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 $1M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens
(from @dexscreener - 24 hour timeframe)
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New project called @Compute_Labs. Twitter bio states “$AIFi - Financializing AI Powered by @solana | Incubated by @nvidia Inception VC Alliance”. Followed by 27 of our mutuals. h/t @dontbuytops:
-Something new/new-ish called @PichiFinance. Twitter bio states “Pichi Finance offers price discovery to tokens pre and post-TGE. Trade your airdrops…” Followed by 49 of our mutuals.
-Something new called @makenowmeme. Twitter bio states “make a memecoin with just a tweet completely for free! 1️⃣ tweet: $TICKER coin description @makenowmeme 2️⃣ attach image & post”. Followed by 55 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-@Convergence_fi has apparently suffered an exploit, h/t @peckshield:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Coinbase earnings call yesterday generated much discussion, somewhat exceeding general expectations on CT but with numbers significantly cooler than Q1 due to stagnating crypto prices/volumes the last few months:
-More interesting stuff from Coinbase call, h/t @MikeIppolito_ and @jevgenijs:
-More Michael Saylor buying, h/t @DaanCrypto:
-Japan continues to be the center of macro maelstrom:
-$NEIRO still generating much attention within memecoin world, example c/o @Tyler_Did_It:
-Ethena’s $USDe now seeing supply decline after its massive growth most of this year, h/t @NPC_68:
-Incoming economic data looking cooler and cooler, h/t @WarrenPies:
-Airdrop alfa from @Beacon_Early:
-Additional headlines c/o @0xSalazar:
-@Bitcoin_Sage on the $KUJI situation:
-@DeFiMann on the Solana memecoin trenches:
-New NFA Live discussing everything going on in crypto, featuring Dan from Digital Asset News, @coinbureau, and Ben Cowen @intocryptoverse:
-New interview with ‘Fed Whisperer’ @NickTimiraos from @JackFarley96 at @Blockworks_:
-New ‘Farms Of The Week’ video from @TaikiMaeda2:
-Another video of farming alfa, from @Dynamo_Patrick:
-New macro + Bitcoin-focused interview with @jameslavish from @1MarkMoss:
-Parting encouragement from @jediblocmates:
Conclusion
Happy Friday good frogs! Keep your head up out there!
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.
