Happy Tuesday 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: $3.22T
Gold: $2628.00
Oil (WTI): $69.46
US 10Y Treasury: 4.379%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
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!
Biggest TVL Movers + Else
Chains are quite green today. Top 25 chains up at least 15% on the weekly include Sui (#8), and Cardano (#21).
Protocols are quite green as well. Top 50 protocols up at least 20% on the weekly include Raydium (#15), Sanctum (#24), Avalon Labs (#35), Corn Kernels (#41), and Binance Staked SOL (#46).
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 Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
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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 project @sekoia_virtuals. Twitter bio states “AI is cool, I guess. $SEKOIA (🌳,🌳)”. Followed by 59 of our mutuals. h/t @AresLabs_xyz:
-New project called @savagedotlol. Twitter bio states “sophisticated esoteric hyper degen platform”. Followed by 3 of our mutuals. h/t @AresLabs_xyz:
-New Zircuit dex @OcelexFi has been added to @DefiLlama. Twitter bio states “Enhancing the DEX experience on @ZircuitL2 with the most capital-efficient liquidity engine, offering tailored strategies through ALM aggregation.” Followed by 13 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
-Lot of excitement around start of options trading for Bitcoin ETF’s:
-Morning headlines from @Tyler_Did_It:
-Additional headlines c/o @blocmatesnews:
-Chatter about Aave launching on Solana, h/t @crypto_condom:
-Reminder that not everything is relentlessly pumping, h/t @CryptoStreamHub:
-The AI agent meta rolls on in all its various manifestations, h/t @sandraaleow:
-Interesting macro data suggestive of disinflationary pressure, h/t @fejau_inc and @profplum99:
-Continued talk on the TL about Fluid/$INST, h/t @DefiIgnas and @getty_hill:
-Current bond market rate-cut expectations, h/t @charliebilello:
-Top-signal watching, h/t @Nemi_0x:
-Interesting macro note from Joseph Wang @FedGuy12:
-New video from @Jesseeckel_:
-New crypto/macro livestream from @noahseidman:
-Parting wisdom from @cobie:
Conclusion
Have a great Tuesday and stay hypervigilant out there friends!
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.
