Happy Saturday 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):
Total Crypto Market Cap: $3.52T
Gold: $2640.50
Oil (WTI): $69.46
US 10Y Treasury: 4.53%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Tons of stuff going on with @vertex_protocol good anons!
-Upgrades to produce even deeper omnichain liquidity via their custom infra @EdgeLayer…
-New deployments on Sonic and Botanix…
-Major rewards for users on SEI…
-Equally big rewards for users on Base…
-More lucrative competitions for traders…
-And absolutely MASSIVE APR’s for LP’s and VRTX stakers!
Get started trading 50+ perps and spot markets and/or APR-maxxing now at app.vertexprotocol.com and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Top 50 chains up at least 10% on the weekly include Bitcoin (#4 - though this might be a data error), and Hyperliquid (#8).
Protocols are also mixed today. Top 50 protocols up at least 10% on the weekly include Babylon (#9), Hyperliquid (#15), Hashnote USYC (#33), and Usual (#35).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Monthly With At Least $50M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Monthly With At Least $50M TVL (from @DefiLlama):
Here’s The Top Entities By 24 Hour Fee Generation (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 @LoopscaleLabs. Twitter bio states “A new DeFi primitive for borrowing and lending on Solana. Borrow and lend against any asset at the best rate. Join the Closed Beta...” Followed by 52 of our mutuals. h/t @katexbt:
-Something new called @DeFiCarrot. Twitter bio states “Earn Yield. Stay Liquid. Be Stable. We make DeFi easy with just one token Join the Carrot Discord...” Followed by 29 of our mutuals. h/t @katexbt:
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
-We were temporarily So Back overnight then it was All Over again and now we seem to be somewhere in the middle, h/t @tztokchad:
-The AI folks are extremely excited about some advancements that were just announced by OpenAI yesterday (following tweet got 694 RT’s and 316 comments so good place to start if you’re looking for more info):
-Frax Finance x BlackRock story is generating a lot of attention, h/t @leviathan_news:
-Bullish sentiments from @Matt_Hougan:
-New article from @nic__carter on why he opposes a Strategic Bitcoin Reserve is generating lots of attention:
-@fejau_inc on the macro:
-Chatter on the TL suggest the Aptos CEO who made headlines yesterday for his resignation was actually removed from his office… interesting thread in response to this and other stuff, on the legal aspects of teams, foundations, and etc - from @wassielawyer:
-Big article on Ethena from @DiogenesCasares is generating lots of discussion:
-Very thorough thread on recent airdrops with associated links from @Earndrop_io, h/t @OlimpioCrypto for the quote-tweet of it below:
-@deltaxbt on liquidations:
-Interesting 2025 thoughts/plans from @redhairshanks86:
-New video of 2025 predictions from @thebellcurvepod:
-New video going over some AI Agents worth looking at, from @0xMughal:
-Weekly take on the macro + crypto from @Blockworks_ crew:
-Another 2025 predictions video c/o @DeFI_Dad with @RasterlyRock from Bitwise:
-Parting wisdom from @sandraaleow:
Conclusion
Have a good Saturday and stay alert out there friends!
And please RT/subscribe/etc if you found this valuable!
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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!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor @vertex_protocol 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.
