Happy Saturday friends! Q4 is almost upon 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: $2680.80
Oil (WTI): $68.18
US 10Y Treasury: 3.751%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note tradoors! The newest @vertex_protocol X Sei Trading Competitions are getting ready to commence!
In total there will be three competitions, five days long each, with two tiers per competition!
And 150k SEI up for grabs!
- Round 1 Start: Monday, September 30th, 4PM UTC End: Saturday, October 5th, 4PM UTC
- Round 2 Start: Monday, October 7th, 4PM UTC End: Saturday, October 12th, 4PM UTC
- Round 3 Start: Monday, October 14th, 4PM UTC End: Saturday, October 19th, 4PM UTC
Make sure to read the thread below to get all the details, and follow Vertex on Twitter for more updates!
And visit the Vertex site to get started trading 50+ different perps and spot markets now at app.vertexprotocol.com!
Biggest TVL Movers + Else
Chains are mixed today. Fastest-growing chains on the weekly with at least $20M TVL are ZKsync Era, Bouncebit, and Cardano.
Protocols are also mixed today. Fastest-growing protocols on the weekly with at least $20M TVL are ETH Mainnet lending protocol Flux Finance, ETH Mainnet liquid-staking protocol Treehouse Protocol, Cardano dex Splash Protocol, multichain (EVM) yield protocol Toros, and multichain (EVM) index protocol dHEDGE.
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 Token-Holders’ Revenue (from @DefiLlama):
Here’s The Top 12 Protocols On Base By TVL (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 @FillCityNews. Twitter bio states “Ready to trade? Come get your fill 🌆. Powered by Autobahn router and Manifest Unlimited Orderbook”. Followed by 5 of our mutuals. h/t @twindoges:
-Something new called @PonziBuild. Twitter bio states “Create & sell customizable nodes, set rewards, fees, lock periods, and earn commissions instantly!” Followed by 5 of our mutuals. h/t @twindoges:
-New launchpad on Near called @memedotcooking has been added to @DefiLlama. Twitter bio states “𝗘𝘃𝗲𝗿𝘆𝗼𝗻𝗲 𝗰𝗮𝗻 𝗯𝗲 𝗮 𝗰𝗵𝗲𝗳🧑🏼🍳......𝗠𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 ❤️ 𝗯𝘆 @shitzuonnear 𝗕𝗮𝗰𝗸𝗲𝗱 𝗯𝘆 𝗙𝗿𝗼𝗻𝘁𝗶𝗲𝗿 𝗚𝗿𝗼𝘄𝘁𝗵”. Followed by 1 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $20M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-CZ has been released from prison, h/t @vydamo_:
-Lot of focus on DXY and weakening dollar as bullish signal/catalyst re: crypto, h/t @GameOfTrades_:
-PCE numbers came out yesterday, h/t @WarrenPies:
-$MOODENG memecoin continues to dominate attention and even had an article written about it on CNN, h/t @Tyler_Did_It:
-New Vitalik article and summary from @WuBlockchain:
-Bullish sentiments from @qthomp and @fejau_inc:
-Important security reminder from @WuBlockchain re: fake wallet apps:
-Another important security reminder, from @SalsaTekila:
-Another massive thread of potential airdrops- all BTC-related this time- from @flb_xyz:
-Following video of @MustStopMurad speech from Token2049 is generating much attention:
-Interesting trading/investing thought/observation from @AsfiShaheen:
-New episode of @0xSteadyLads podcast:
-New episode of TAO Talk from @blocmatesdotcom featuring @563defi, @brodyadreon, and guests @wsquiresand and @macrocrux:
-New @Unchained_pod interview with Joshua Lim on the potential impact of BTC ETF options approval:
-New weekly roundup video from @theempirepod featuring @santiagoroel and @JasonYanowitz on the state of the crypto markets:
-Parting wisdom from @AlexOnChain:
Conclusion
Have a great Saturday and don’t forget to touch some grass this weekend friends!
And please RT/subscribe/etc if you found this valuable!
-
-
Note
The team at @silentdao_ is continuing to develop their revolutionary new on-chain privacy architecture… which is essentially meant to be a middleware privacy/encryption layer:
“Silent Protocol is building the ghost layer, a modular layer 1.5 providing compliant privacy built on the EZEE framework to become that structured playground for institutions and retail users that can provide compliant, secure and privacy preserving access to ethereum native and cross chain liquidity along with enabling access to applications.”
Our editor @rektdiomedes is helping bang the drum about everything @silentdao_ is working on, so make sure to follow them on Twitter for more updates and check out the great thread on them from @kenodnb below!
-
-
***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.
