Happy Friday good degens!
Let’s dive in!
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: $2535.40
Oil (WTI): $74.16
US 10Y Treasury: 3.831%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends, the previously-mentioned @vertex_protocol liquidity vault is now live via @skate_fi on @0xMantle!
As stated in the thread from @skate_fi below:
“The vault not only powers Vertex's order book liquidity, but also brings institutional-grade delta neutral strategies to retail users…”
Learn more below, and as always- Vertex is our Official Sponsor- so make sure to check them out for all your on-chain needs! 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, 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 the Vertex site now at app.vertexprotocol.com, and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mostly green today. Top 30 chains green on all three timelines (daily, weekly, monthly) include Polygon (#8), Sui (#13), Aptos (#20), Core (#23), and BSquared (#30).
Protocols are mostly green today as well. Top 60 protocols green on all three timelines (daily, weekly, monthly) include Symbiotic (#20), SUN (#35), Mellow Protocol (#37), and Avalon Finance (#56).
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 Revenue 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!)
-New project called @legiondotcc. No Twitter bio. Followed by 34 of our mutuals. h/t @redphonecrypto:
-Something new called @sprinter_ux. Twitter bio states “Chain abstraction from the team that brought you @buildwithsygma”. Followed by 3 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ 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)
-Jerome Powell will speak at Jackson Hole today, h/t @zerohedge:
-Thoughts on Powell/Fed/Jackson Hole from @NickTimiraos:
-Magic Eden NFT marketplace announced they will eventually have a token (and presumed airdrop) and this announcement was met with much excitement, h/t @Tyler_Did_It:
-Important reminder from @NPC_68 that today is the last day to link your Solana wallet for the @getgrass_io airdrop:
-Following story re: $USDD generating lots of attention:
-CZ apparently getting out of prison soon, h/t @WuBlockchain:
-Headlines/alfa from @TheDeFinvestor:
-Latest real-time inflation data from @truflation:
-Only 10% of alts have outperformed Bitcoin in the last 90 days, from fascinating chart from @NPC_68:
-Interesting stats re: crypto X social media, h/t @coingecko:
-Potential Solana airdrops, h/t @FabianoSolana:
-Sentiment check c/o @alpha_pls:
-New weekly roll-up video from @BanklessHQ going over several of the top dozen stories in crypto:
-New roundtable discussion from @Unchained_pod:
-New interview with @0xDyad founder @joeyroth from @FlywheelDeFi:
-New episode of NFA Live:
-Parting wisdom from @LouisCooper_:
Conclusion
Happy Friday dear readers! Stay hypervigilant 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.
