Happy Tuesday good degens! Lots of stuff going on!
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: $2607.40
Oil (WTI): $70.51
US 10Y Treasury: 3.608%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
More hints at a new chain deployment from the team at @vertex_protocol - very interesting!
Check it out below and make sure to follow @vertexintern for more alfa!
And as always, Vertex offers over 50 different perps and spot markets, utilizing a state of the art cross-chain liquidity infrastructure via their Edge system @EdgeLayer! In addition, yield maximalists can also stake VRTX to benefit from both ‘RealYield’ paid in USDC and the official VRTX buyback & burn program!
Get started now at app.vertexprotocol.com and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Biggest gainer on the weekly among top 50 chains is Gnosis (#28) at +86.35%.
Protocols are also mixed today. Biggest gainer on the weekly among top 100 protocols is Colend Protocol (#91) at +67.18%.
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 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!)
-Something new called @zklokomotive. Twitter bio states “Formerly known as zk-Lokomotive, we work to research in Zero-Knowledge Proofs (ZKP) in all networks and zkapplication development with cross-chain.” Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-Something new called @theveldtai. No Twitter bio. Followed by 21 of our mutuals. h/t @AresLabs_xyz:
-New project called @insidex_trade. Twitter bio states “Enhance your trading and investing strategies by copying the seasoned on-chain traders. Only on @SuiNetwork”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $20M+ 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)
-Much anticipation of the Fed’s rate cut decision tomorrow, h/t @LDNCryptoClub:
-Trump’s Twitter space with Rug Radio generated massive attention last night, h/t @Tyler_Did_It:
-Another interesting note from the Trump spaces:
-Berachain generating massive attention amidst continuation of Singapore conference, h/t @0xWenMoon:
-Additional conference observations from @ayyyeandy:
-Vitalik on L2 fees/adoption:
-Interesting TON x @CurveFinance story, h/t @WuBlockchain:
-Season Two claims for the EigenLayer airdrop are now open:
-The MicroStrategy infinite money glitch continues rolling on, h/t @DegenerateNews:
-Forward thoughts from @marcusmoles:
-Additional headlines c/o @Cprinze_:
-Defi thoughts from @defi_naly:
-Bullish sentiments from @davidbrickell80:
-New crypto/macro livestream from @noahseidman:
-New @BanklessHQ interview with BlackRock’s Robbie Mitchnick:
-New @coinbureau video on all the top crypto news:
-New video from @Jesseeckel on crypto’s forward outlook:
-Parting crypto-applicable wisdom from @TheRealEstateG6:
Conclusion
Happy Tuesday friends! 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.
