Happy Sunday friends! Let’s get after it!
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: $2526.80
Oil (WTI): $67.67
US 10Y Treasury: 3.716%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The team at @silentdao_ are continuing to develop their revolutionary new on-chain privacy architecture… which is essentially meant to be a middleware privacy/encryption layer that will facilitate composable privacy solutions within the EVM itself...
The mission is- to put it succinctly- “Infinite privacy, Infinite security”…
Our editor @rektdiomedes is helping spread awareness about everything @silentdao_ is working on, so make sure to check out the below article, and follow Silent 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 Sui (#12), Aptos (#17), Sei (#35), EOS (#36), Stacks (#41), and Algorand (#47).
Protocols are also mixed today. Only top 50 protocol green on all three timelines (daily, weekly, monthly) is Ondo Finance (#40).
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)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
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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 @0xAmeNetwork. Twitter bio states “Composable Social Network”. Followed by 4 of our mutuals. h/t @twindoges:
-New project called @TenorFinance. Twitter bio states “🕞 Ethereum's Lending Order Book. Soon™” Followed by 3 of our mutuals. h/t @twindoges:
-New project called @Esquidity. Twitter bio states “The first-ever decentralized escrow service for locked liquidity. Trade securely, unlock value.” Followed by 2 of our mutuals. h/t @twindoges:
-Something new called @acornnetwork_io. Twitter bio states “Unlocking Omnichain Bitcoin Liquidity”. 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 only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-Update on Penpie exploit from @WuBlockchain:
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-@friendtech is shutting down, h/t @leviathan_news:
-Magic Eden volumes surging ahead of presumed airdrop, h/t @WuBlockchain:
-Ethereum keeps falling in the revenue-generation rankings, h/t @DegenerateNews:
-Stock market domination of US economy continues to ramp up, h/t @charliebilello:
-Elon Musk was DOGE-posting again but it failed to significantly move price:
-Coinbase falls to 500th in app-store rankings, h/t @COINAppRankBot:
-New ‘Vape2Earn’ project PuffPaw generating lots of discussion, h/t @samoyedali:
-Interesting thoughts on the appchain-thesis from @cryptunez:
-Helium and the broader DePIN narrative continue to generate excitement, h/t @_tolks:
-Bottom signals? h/t @degengambleh:
-Interesting data point from @WuBlockchain:
-New crypto/macro discussion from @Blockworks_ featuring @qthomp and @fejau_inc:
-Parting sentiments from @jake_pahor:
Conclusion
Have a great Sunday good degens and 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.
