The Daily Degen- November 17th, 2024

Happy Sunday most esteemed degens! Tradfi markets closed but crypto never sleeps!

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: $3.17T

Gold: $2567.40

Oil (WTI): $67.02

US 10Y Treasury: 4.445%

Biggest Price Movers

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

Spotlight

Yield-maxxing season continues to heat up on @vertex_protocol good anons!

APR-appreciators are earning big on Vertex as animal spirits forcefully return to our beloved brypto markets! (see tweet from Vertex co-founder @DariusTabai below!)

Make sure to visit the Vertex site now to take a look at all the current opportunities to earn!

And- as always- traders can take advantage of 50+ different perps and spot markets available across a wide range of chains thanks to Vertex’s gigabrain cross-chain liquidity infrastructure @EdgeLayer!

>>> Click here to get started! >>>

Biggest TVL Movers + Else

Chains are mixed today. Only top 50 chains red on all three timelines (daily, weekly, monthly) include Scroll (#22), TON (#24), Mode (#33), and Fantom (#45).

Protocols are mixed today as well. Only top 50 protocols red on all three timelines (daily, weekly, monthly) include Maker (#5), SUN (#45), and Puffer Finance (#48).

Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):

Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):

Here’s The Top 12 Entities By 24 Hour Token-Holders’ Revenue (from @DefiLlama):

Here’s The Top 12 Sui Protocols By TVL (from @DefiLlama):

Here’s The Top 12 Aptos 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 @higherrrrrrrfun. Twitter bio states “A new meta for memes. We're going much, much higherrrrrrr...” Followed by 18 of our mutuals. h/t @AresLabs_xyz:

-Something new called @dango_zone. Twitter bio states “DeFi platform • Built by @leftCurveSoft...” Followed by 8 of our mutuals. h/t @AresLabs_xyz:

-Something new called @funnymoneyHQ. Twitter bio states “Full Spectrum Memetic Domination. Not a pump clone.” Followed by 6 of our mutuals. h/t @AresLabs_xyz:

Top Stablecoin Yields

(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $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

-Bitcoin check-in from @DaanCrypto:

-Crypto watchlist for the week ahead, h/t @TheDeFinvestor:

-ZEREBRO surging in price + attention, h/t @Tyler_Did_It:

-DeSci sector suddenly getting lots of attention, h/t @krugermacro and @_kaitoai:

-Solana now at 10% share of overall defi TVL for the first time ever, h/t @Dynamo_Patrick:

-Increasing excitement around Hyperliquid ecosystem coins ahead of upcoming airdrop, h/t @Slappjakke:

-Continued excitement re: AI and AI agent coins as well, h/t @redphonecrypto:

-Long-form overview + research on AI agent coins from @CryptoStreamHub (click to read in full):

-Sentiment check, h/t @NightOwlCapital:

-Very interesting note from @DefiIgnas

-Gallows humor continues to abound regarding $ETH’s relative underperformance, h/t @0xbags below:

-Weekly macro overview, from Joseph Wang @FedGuy12:

-Parting wisdom from @DreadBong0 c/o @QuotableCrypto:

Conclusion

Happy Sunday friends! Don’t forget to touch some grass today!

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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