Happy Tuesday and happy Christmas Eve good degens!
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: $3.58T
Gold: $2625.80
Oil (WTI): $70.33
US 10Y Treasury: 4.625%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Tons of stuff going on with @vertex_protocol good anons!
-Upgrades to produce even deeper omnichain liquidity via their custom infra @EdgeLayer…
-New deployments on Sonic and Botanix…
-Major rewards for users on SEI…
-Equally big rewards for users on Base…
-More lucrative competitions for traders…
-And absolutely MASSIVE APR’s for LP’s and VRTX stakers!
Get started trading 50+ perps and spot markets and/or APR-maxxing now at app.vertexprotocol.com and make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are mixed today. Only top 50 chains green on the weekly are Sui (#9), BOB (#32), Hedera (#35), Stacks (#43), and MultiversX (#45).
Protocols are mixed today as well. Top 50 protocols green on the weekly include Pendle (#11), Curve Finance (#18), and Hashnote USYC (#30).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Monthly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Monthly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 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!)
-Something new called @noodlesdotfun. Twitter bio states “Cooking Up Gains from Twitter Brains 🍜 Launching on @AbstractChain Backed by @swissborg”. Followed by 4 of our mutuals. h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama ($1M+ TVL, single-exposure, no-IL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
-$BTC check-in from @DaanCrypto:
-Michael Saylor and MicroStrategy are once again generating massive attention this morning with the below:
-Admittedly decent explanation of the above from @KobeissiLetter (from larger thread on the topic):
-Arguments about Hyperliquid security and North Korea and etc continue to proliferate after @tayvano_’s tweet yesterday, update on stats from @tomwanhh below:
-Hot Christmas Eve tickers c/o @thedefivillain:
-Q1 is historically the best quarter for $ETH performance, h/t @TheDeFinvestor:
-Another interesting chart, of total altcoin market cap, from @DaanCrypto:
-Long end continues rising in bond land:
-Interesting thoughts on AI and prompting, from @balajis:
-New Odos airdrop checker from @OlimpioCrypto and EarnDrop:
-Interesting thread of 2025 crypto predictions from @MikeIppolito_ (sample below):
-New @BanklessHQ interview with Virtuals’ Jansen Teng @ethermage:
-New video of strategy for the bull run from @Jesseckel:
-New macro interview with Michael Howell from @JackFarley96:
-Parting wisdom from @signulll:
Conclusion
Happy Tuesday friends! Hope you have a good Christmas Eve!
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 @vertex_protocol 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.
