Happy Monday good degens!
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):
Total Crypto Market Cap: $3.38T
Gold: $2627.70
Oil (WTI): $68.76
US 10Y Treasury: 4.562%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Once again lads and ladettes - @vertex_protocol is coming to Sonic! (see tweet from Vertex co-founder @DariusTabai below!)
If you didn’t know, Sonic is the re-brand and re-launch of Fantom chain - from defi great Andre Cronje and CEO Michael Kong and the rest of Sonic/Fantom crew!
There is a major associated airdrop you can qualify for by exploring the Sonic ecosystem, and Vertex is the best place to do this!
And as always- you can trade 50+ perps and spot markets and earn some exquisite yields at app.vertexprotocol.com and get more updates by following them on Twitter as well!
Biggest TVL Movers + Else
Chains are quite red again today. Only top 100 chains green on all three timelines (daily, weekly, monthly) include Stacks (#43), and EOS EVM (#99).
Protocols are also quite red again today. Only top 100 protocols green on all three timelines (daily, weekly, monthly) are Hashnote USYC (#34), Usual (#35), and USDX Money (#82).
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!)
-New project called @bravaxyz. Twitter bio states “Automated stablecoin yield aggregator and RWA navigator”. Followed by 2 of our mutuals. h/t @AresLabs_xyz:
-New restaking protocol on BSC called @kernel_dao has been added to @DefiLlama. Twitter bio states “Mainnet is Live! ... Backed by @BinanceLabs @LaserDigital_ and more”. Followed by 19 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($20M+ TVL, single-exposure, no-IL 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
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Michael Saylor announced new buys, with the average price of 106k generating attention:
-More nuanced take on the above from @thedefivillain though:
-The following tweet from @tayvano_ re: Hyperliquid generated intense discussions/controversy/etc on Twitter over the last 24 hours:
-Additional headlines c/o @layerggofficial:
-Interesting macro state re: India, from @Prithvir12:
-Interesting stat re: Binance, from @WuBlockchain:
-Altcoin open interest down considerably, h/t @thedefivillain:
-Good thread of 2025 predictions, from @hmalviya9 (example below):
-Thoughts on the impact of AI, from @levelsio:
-New video of TA and overall market analysis from @DaanCrypto:
-New @Blockworks_ interview with @Travis_Kling:
-Weekly macro overview from Joseph Wang @FedGuy12:
-New video from @theempirepod interviewing Mike Dudas and Carl Vogel:
-Thoughts on trading from @Zeneca:
-Parting wisdom from @CryptoNagato via @QuotableCrypto:
Conclusion
Happy Monday friends! Stay alert out there as we go into the holidays!
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.
