The Daily Degen- November 14th, 2024

Happy Thursday 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: $3.06T

Gold: $2570.10

Oil (WTI): $69.06

US 10Y Treasury: 4.416%

Biggest Price Movers

(From @coingecko top 1000, by 24 hour change)

Spotlight

Once again good frogs… if you want to do some yield-maxxing to benefit from the nascent bull market excitement, make sure to check out the new VRTX Staking V2 on @vertex_protocol, as yields on Vertex for both LP’s and stakers have been absolutely soaring as of late!

Also…

“Exclusive bonus rewards are available to users that migrate to V2 or stake new VRTX throughout the next 2 weeks! 

…Start Date = Tuesday, November 12th, 2024 @ 17:00 UTC 

…End Date = Wednesday, November 27th, 2024 @ 17:00 UTC”

Learn more via the official article - and get started LP’ing and staking with Vertex and trade via 50+ different perps and spot markets now by clicking here!!!

Biggest TVL Movers + Else

Chains are mostly green today. Fastest-growing chains on the weekly with at least $1M TVL are Acala, BOB, and zkLink Nova.

Protocols are mixed. Fastest-growing protocols on the weekly with at least $1M TVL are Nest Staking, Unagiswap, Factor, Blueshift, and Acala Euphrates.

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):

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 dex on Solana called @ManifestTrade has been added to @DefiLlama. Twitter bio states “The Unlimited Orderbook. Trade everything for nothing ™ Break free from the crypto cartel ⛓️‍💥 the way out is on-chain”. Followed by 11 of our mutuals.

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (single-exposure, no-IL, $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

-Morning headlines from @Tyler_Did_It:

-The insanity continues, h/t @CroissantEth:

-Coinbase hits top 10 on AppStore, h/t @DegenerateNews:

-Latest Bitcoin analysis from @DaanCrypto:

-Important update from @MingoAirdrop! If you missed claiming the impending Hyperliquid airdrop you have one more chance, as the Hyperliquid team has decided to re-open claims for the next 24 hours:

-Tracking of government-owned Bitcoin movements now becoming totally normal thing :) h/t @solidintel_x:

-Additional headlines c/o @cryptoIntegrat:

-@cobie check-in:

-’Memecoin cex listing’ meta continues to generate attention, h/t @CryptoKaduna:

-Ongoing discussion about the relative absence of venture so far this cycle, h/t @DefiIgnas:

-Ticker-maxxing from @rektmando:

-Great thread of good talks/presentations/etc from Devcon this week, from @tayvano_, with YouTube links to each of them, sample below:

-New video on the coming bull market from @Dynamo_Defi:

-New @BanklessHQ discussion with Altcoin Daily:

-Latest episode of TAO Talk from @blocmatesdotcom:

-New interview with @LynAldenContact on Bitcoin + macro, from @NatBrunell:

-New video of yield farming opportunities from @0xMughal:

-Parting thoughts from @jonwu_:

Conclusion

Have a great Thursday friends and stay hypervigilant out there!

And please RT/subscribe/etc if you found this valuable!

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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.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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