Happy Tuesday friends! Some brutal price action today but we keep putting in the reps!
Let’s dive in!
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: $2327.50
Oil (WTI): $80.28
US 10Y Treasury: 4.287%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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Biggest TVL Movers + Else
Chains are mostly red today. Only top 30 chains green on all three timelines (daily, weekly, monthly) are Merlin (#8), and Bitlayer (#20).
Protocols are also mostly red today. Only top 100 protocols green on all three timelines are Ethena (#11), Jupiter (#56), and Avalon Fiance (#61).
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 Revenue Generation (from @DefiLlama):
Here’s The Top 12 Protocols By TVL On Binance Smart Chain (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Top Trending Tokens:
(from @dexscreener - 24 hour timeframe)
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 @timedotfun. Twitter bio states “What's your time worth? Live on @base. Backed by @alliancedao…” Followed by 83 of our mutuals.
-Something new called @flapdotsh. Twitter bio states “🦋Flap makes token launches fun & easy for EVM Degens, powered by 🌈 @PythNetwork Entropy. 🏆 Winner of ETHGlobal Hackathon. ®️ Beta waitlist 👉” Followed by 1 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($10M+ 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
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Altcoin carnage continues, h/t @CryptoKoryo:
-Sentiment check c/o @Arthur_0x:
-News/rumors about Donald Trump launching a coin on Solana were a major topic over the last 24 hours, though at this point appear to likely be false:
-Coinbase announces Pre-Launch Markets, h/t @Tyler_Did_It:
-SEC crypto enforcement official David Hirsch resigns, h/t @decryptmedia:
-Tether made big announcement yesterday, thoughts from @0xfoobar:
-More headlines c/o @0xSalazar:
-Airdrop rotation from zkSync to Scroll begins? h/t @faycytw:
-Contrarian view re: ZK token price action, h/t @CryptoNikyous:
-Major upcoming unlocks generating lots of attention, h/t @laurashin:
-Long-form thoughts on everything airdrops c/o @CC2Ventures (click to read in full):
-Latest video on everything airdrop-related from @KryptoCove:
-Latest crypto/macro livestream from @noahseidman:
-Interview with new Binance CEO @_RichardTeng from @BanklessHQ:
-Parting wisdom from @ViktorDefi c/o @QuotableCrypto:
Conclusion
Happy Tuesday friends! Let’s get after it!
And please RT/subscribe/etc if you found this valuable!
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Note
The team at @silentdao_ is diligently working on some extremely important privacy tech, building what is essentially meant to be a middleware privacy/encryption layer designed to facilitate composable privacy solutions within the EVM itself... so that you can utilize all the same mechanisms and protocols on-chain you normally would, but with built-in privacy protection while you do so!
Our editor @rektdiomedes has been helping raise awareness about what the @silentdao_ team have been building, and their launch is coming soon, so make sure to follow them 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.
