The Daily Degen- September 9th, 2024

Happy Monday good degens! Another big week ahead of us!

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: $2527.50

Oil (WTI): $68.50

US 10Y Treasury: 3.747%

Biggest Price Movers

(From @coingecko top 1000, by 24 hour change)

Spotlight

Lots of stuff going on with our Official Sponsor @vertex_protocol good anons!

-Traders are earning SEI, MNT, and ARB rewards trading on Vertex via those respective chains!

-They just deployed to Sei and have an extremely interesting Orderbook Liquidity Galxe Campaign going on…

-The Vertex majors vault from @skate_fi is now live!

-They just announced a very cool integration with @NotifiNetwork

-And they are providing serious yield to $VRTX-stakers - with recent APR’s coming in at over 26% - all paid out in $USDC!

Get access to 50+ perps and spot-markets 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. Fastest-growing chains on the weekly with at least $10M TVL are Core, Sei, and BSquared.

Protocols are mostly green as well. Fastest-growing protocols on the weekly with at least $10M TVL are dForce, Morpho, Buzz Farming, Manta MYield, and Temple DAO.

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 Fee Generation (from @DefiLlama):

Here’s The Top 12 Chains By 7 Day Stablecoin Inflow % (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 @trenchesdotwtf. Twitter bio states “buy. sell. shitpost.” Followed by 13 of our mutuals. h/t @SOLbuckets:

-Something new called @fomofactoryio. Twitter bio states “fomo memes like never before @solana”. Followed by 10 of our mutuals. h/t @AresLabs_xyz:

-Something new called @Spacecoin_xyz. Twitter bio states “Satellite powered DePIN protocol Space based cryptographic sovereignty layer for the future of extraplanetary finance”. Followed by 4 of our mutuals. h/t @AresLabs_xyz:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL 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)

-Macro schedule for the week ahead, h/t @KobeissiLetter:

-Macro/Fed thoughts from @fejau_inc:

-Bitcoin hashrate at new high’s, h/t @NPC_68:

-Crypto watchlist for the week ahead, h/t @TheDeFinvestor:

-Bitcoin rainbow chart update c/o @DaanCrypto:

-More interesting Bitcoin charting/analysis from @DaanCrypto:

-Interesting ticker thoughts from @CryptoStreamHub:

-@friendtech wind-down continues to generate discussion, example h/t @lookonchain:

-@DefiLlama launches new customizable homepage feature, h/t @0xngmi:

-Additional headlines c/o @blocmatesnews:

-Lots of interesting discussions on the TL as of late re: AI, venture, etc - example c/o @0xMert_:

-New episode of @theempirepod featuring @santiagoroel and @JasonYanowitz discussing the state of the crypto world:

-Weekly macro overview from Joseph Wang @FedGuy12:

-New video from @Dynamo_Patrick on the question of mass-adoption:

-New macro video from Brent Johnson @SantiagoAuFund and co:

-New roundtable podcast from @schizoxbt, @Stoiiic, and @crypthoem:

-Parting sentiments c/o @cburniske:

Conclusion

Happy Monday friends! Here’s to a big week!

And please RT/subscribe/etc if you found this valuable!

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Note

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!

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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.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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