Happy Saturday good degens! Tradfi closed but crypto never sleeps!
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: $2402.80
Oil (WTI): $80.13
US 10Y Treasury: 4.242%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Take note friends! The gents over at @ReveloIntel just released an interview from @0xKmack with @DariusTabai, co-founder of @vertex_protocol (our Official Sponsor!).
We are embedding the video below so make sure to check it out as it is very much worth watching both for Vertex info and all-around crypto alfa!
And as always make sure to check out Vertex for all your trading needs! They currently offer 40+ perps and spot-markets, seamless crosschain trading, a new fiat on/off ramping integration with @transak, a robust referral program, and exquisite yields for LP’s and VRTX-stakers - who benefit from both ‘RealYield’ paid in USDC as well as the VRTX buyback & burn program!
Visit their site now at app.vertexprotocol.com! And make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are extremely green today. Only top 50 chains red on the weekly are dYdX (#33), and Filecoin (#50).
Protocols are extremely green as well. Only top 50 protocols red on the weekly are Ethena (#10), JustStables (#24), and Tether Gold (#43).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $100M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue Generation (from @DefiLlama):
Here’s The Top 12 ETH Mainnet Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Solana Protocols 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 @trendiestech. Twitter bio states “Post → Stake → Earn Rewards | Build and trade communities with us on @Base .” Followed by 3 of our mutuals. h/t @twindoges:
-Something new called @gostir_ai. Twitter bio states “Gostir is a fourth generation blockchain fabric for trustless AI”. Followed by 4 of our mutuals. h/t @twindoges:
-New lending protocol on Base called @SizeCredit has been added to @DefiLlama. Twitter bio states “A credit marketplace with unified liquidity across maturities. Built on @base”. Followed by 9 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, and $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)
-Catalysts and sentiments looking bullish as we head into the weekend, h/t @Jackisnotinabox:
-Interest in crypto on social media still far below 2021 high’s, h/t @intocryptoverse:
-MSTR and COIN charts looking bullish, h/t @WClementeIII:
-ETH supply stopped declining in April and has actually gone up by approximately 150,000 ETH since then, h/t interesting thread of stats from @intocryptoverse:
-Following story re: Binance generating much attention:
-Number of things happening with OG defi protocol @GMX_IO right now, example c/o @JJCycles:
-Interesting thoughts from @goodalexander:
-Bullish sentiments from @CoinbaseDuck:
-Lot of focus on the Trump variable re: prices over the next few weeks, example c/o @DaanCrypto:
-In-depth long-form analysis of the upcoming ETH ETF’s and important nuances/variables to consider with them, from @asxn_r (click to read in full):
-New episode of Shooting The Sh*T podcast featuring @Stoiiic, @CryptMoose_, @zerototom, and @schizoxbt discussing a variety of crypto-related topics:
-New video from @TaikiMaeda2:
-New video from @thebellcurvepod featuring @MikeIppolito_, @im_manderson, and @pythianism:
-New interview with tradfi gigabrain @WarrenPies:
-New episode of @0xSteadyLads podcast:
-Parting wisdom from @Phoenix_Ash3s via @QuotableCrypto:
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!
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Note
Important update from our friends at @TokenSight_Io!
They have just added a new Privy integration and have streamlined their onboarding system!
Again, TokenSight is an extremely cool new Dex Trading Platform with TG Bot that we are very excited to be spreading the word about…
If you have used Banana Bot or Bonk Bot then the basic concept will be familiar to you but TokenSight is revolutionizing the model via the ability to trade via secure, self-custodial wallets… AND via their TokenSight Dashboard with portfolio overview, fiat on-ramping, reach across 10+ chains, and all sorts of other boolish features, including 0% fee trading on TON via their Telegram bot!
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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.
