Happy Monday good degens! Start of another big week and things are very much heating up!
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: $2.43T
Gold: $2754.00
Oil (WTI): $67.71
US 10Y Treasury: 4.256%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
The gigabrain perps experts at @vertex_protocol keep adding markets good anons!
Just in the last few days they announced new listings for…
-$EIGEN-PERP
-$AAVE-PERP
-$ZRO-PERP
Vertex traders can now go long or short the above assets with up to 10x leverage!
These are just three of the 50+ different perps and spot markets Vertex offers via their state of the art cross-chain liquidity infrastructure @EdgeLayer. In addition, Vertex provides all sorts of yield-maxxing possibilities, both for LP’s as well as $VRTX-stakers - the latter of whom benefit from real yield paid in $USDC as well as the $VRTX-buy-back-and-burn program!
Make sure to visit the Vertex site at app.vertexprotocol.com to get started now, and follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mostly green today. Top 50 chains up at least 10% on the weekly include Hyperliquid (#11), and BSquared (#30).
Protocols are mostly green today as well. Top 100 protocols up at least 20% on the weekly include Pell Network (#66), Binance Staked SOL (#72), and Polymarket (#73).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $20M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Here’s The Top 12 Dex’s By 7 Day Volume (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 @kinetiq_xyz. Twitter bio states “Powering Liquid Staking on Hyperliquid with kHYPE.” Followed by 19 of our mutuals. h/t @AresLabs_xyz:
-New project called @ThisIsNoks. Twitter bio states “Your personal AI trading agents: no-code, fast, and secure. Currently in closed beta. Follow us for early access! 🤖”. Followed by 10 of our mutuals. h/t @AresLabs_xyz and @noksintern:
-Something new called @turbo_xyz. Twitter bio states “Your bets, your way. Unleashed on @AbstractChain ✳️” Followed by 2 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Macro schedule for the week ahead, h/t @KobeissiLetter:
-Interesting @cobie comments on memecoins (as a reply to another post and via his locked account):
-$ETH ‘hated rally’ hypothesis from @ayyyeandy:
-Additional headlines from @blocmatesnews:
-Interesting thoughts on AI/crypto from @redphonecrypto:
-A bunch of big stonks have earnings reports this week, h/t @0xSisyphus:
-@pumpdotfun is apparently the fastest company/entity in tech history to reach $100M in revenue, h/t @mdudas:
-Weekly rundown of AI/crypto news from @0xPrismatic:
-Interesting thread from @wassielawyer:
-Very interesting thread from @samkazemian on a novel valuation framework for chain tokens and how emphasis on ‘the burn’ may actually have had a negative impact on $ETH’s perceived value price-wise:
-New article from @Blocmatesdotcom going over all the shiny new stuff in the burgeoning AI-agent/memecoin/etc meta such as @daosdotfun, ai16z, degenai, and more:
-New @DaanCrypto video going over TA/market thoughts/etc:
-New @coinbureau livestream going over all the crypto news of the day:
-New @KryptoCove airdrop video:
-New video posted over the weekend by @thebellcurvepod featuring @im_manderson, @pythianism, and @MikeIppolito_ going over a variety of current topics in crypto:
-Parting wisdom from @KinorcKinorc:
Conclusion
Happy Monday friends! Stay alert out there!!!
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 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.
