Give me 1 follow to have the motivation to update new news!

Let's dive in!

Stats/alerts/ ETC are at the top and tweets/news/links/videos/ ETC are at the bottom… and all the tweets are hyperlinked so just click on them to pull them up on Twitter!

Market update

Cryptocurrency (from @CryptoBubble):

Gold: $2179.80

Oil (WTI): 82.60 USD

US Treasury 10-year : 4.283%

Stock ($SPY as proxy): +0.56%

Biggest price move

(From @coingecko top 1000, changed in 24 hours)

Bright spot

Here's an update on some of the tokenless projects with potential airdrops we've been testing along with referral links where available if you want to support our work! (note: as always, please DYOR!)

@Scroll_ZKP - Supposed ETH L2 airdrop

@LineaBuild - ETH L2 airdrop supposedly

@zksync - ETH L2 Airdrop supposedly

@base - Coinbase's ETH L2 is increasingly rumored to be doing an Airdrop

@syncswap - Automated Market Maker (AMM) on zkSync, Linea and Scroll without Token

@modenetwork - New ETH L2 with Supposed Airdrop - https://ref.mode.network/Fx6b7N

@Parcl - a Solana RWA project where you can buy/short different real estate markets or provide liquidity - earn boost points with our code: thedailydegen

@Rabby_io Wallet - earn points for mock Airdrop, start a new wallet or move an old MM wallet to it, use their internal swap feature, ETC Click 'Rabby Points' to get started, referral code Ours: THEDAILYDEGEN

@phantom wallet - Airdrop rumored

@rainbowdotme Wallet - earn 'points' for a hypothetical Airdrop, start a new wallet or migrate an old MM wallet to it, use their internal swap feature - our referral link: https:// rainbow.me/points?ref=SZUR3U

@MetaMask - long rumored to be working on an Airdrop - doing swaps and bridging using in-app preferences in case they use that as key criteria for a potential Airdrop

@Eigenpiexyz_io - Eigenlayer reStaking Protocol with its own supposed Airdrop - https://www.eigenlayer.magpiexyz.io/?ref=0xf2355BE0e5a2d1C88584286d41A82FA71aDd0c0C

@KelpDAO - EigenLayer reStaking Protocol - allows you to earn from the supposed EigenLayer Airdrop and also earns you 'Kelp Points'

@RenzoProtocol - another EigenLayer reStaking protocol with its own supposed Airdrop - referrer link: https://app.renzoprotocol.com/?ref=0x39058c94a6c6504917dd8baddbbda27c8d6a5794

@DeBankDeFi and DeBank L2 - rumors about Airdrop possibility, also people behind @Rabby_io wallet, create profile, deposit to their L2

@MeteoraAG - liquidity/yield protocol on Solana

@DriftProtocol - perps Decentralized Exchange (DEX) on Solana

@PikeFinance - use to qualify for Airdrop (supposedly) and some other possible airdrops

@BungeeExchange - bridges/infrastructure

@JumperExchange - bridge/infrastructure

@deBridgeFinance - bridges/infrastructure

@Owlto_Finance - bridge/infrastructure

@merkly_com - bridges/infrastructure

@ElDoradoMRKT - Cross-chain Decentralized Exchange (DEX) Built on Maya Protocol ($CACAO)

@azuroprotocol - GambleFi project with Airdrop(supposedly), sending Total Value Locked (TVL) as USDT via Polygon

@ClipFinance - yield protocol on Linea

@StructFinance - Structured yield protocol based on Avalanche

@ryskfinance - ETH L2 Options Project with Supposed Airdrop

@LogX_trade - perps Decentralized Exchange (DEX) on Multiple ETH L2 with Upcoming Airdrop

@Hyperliquidx - perps Decentralized Exchange (DEX) with Airdrop(allegedly)... https://app.hyperliquid.xyz/join/REKTDIOMEDES

Movement Engine Maximum Total Value Key (TVL) + Other

Strings are mixed today. The only weekly green top 30 chains are Solana (#5), Sui (#12), Aptos (#17) and Starknet (#19).

Protocols are also mixed. Protocols with a Total Value Locked (TVL) of at least $100 million increasing at least 30% weekly include Nostra, Raydium, Orca, and Aries Markets.

Here are the top 12 chains by Total Key Value (TVL) (from @DefiLlama):

Here are the top 12 Total Key Value (TVL) protocols (from @DefiLlama):

Here are the top 12 entities generating revenue in 24 hours (from @DefiLlama):

Here are the top 12 Dex trading volumes over 7 days (from @DefiLlama):

Bitcoin Fear/Greed Index:

(from @BitcoinFear)

Ethereum Fear and Greed Index

(from @EthereumFear):

New project

(note: this includes new projects we find via Twitter every day, and we also cover every (newly launched) protocol added by @DefiLlama - hence the disclaimer Responsibility: these protocols have not been reviewed by us in advance so please rest assured with DYOR!)

-New DFK style project on Blast called @CryptoValleys. The Twitter bio states “The GameFi project is built on @Blast_L2. ⚔️ Farm, Adventure, Competition, Craft & Trade.” Followed by our mutual 30 people. h/t @0xjaypeg:

-New project called @arbusai. The Twitter bio says “Coming soon. Stay the same." Next up are our 10 mutuals. h/t @toffee248:

-A new thing called @NavyAI_xyz. The Twitter bio states “First Grade 3 built on @Arbitrum Orbit for AI-modeled training and self-learning.” Next are our 5 common people. h/t @toffee248:

-A new liquidity manager on Arbitrum called @liqui_x has been added to @DefiLlama. The Twitter bio states “A Trustless Infrastructure Layer for Liquidity Management in DeFi.” Next is one of our mutual friends.

-A new farm on Blast called @Blastex_net has been added to @DefiLlama. The Twitter bio states “Blastex: Suder crypto Decentralized Exchange (DEX) , powered by #Blast. Explore affiliate benefits, Stake #ETH, share profits with Treasury, earn Blast points.” Next is one of our mutual friends.

Security warning

-Daily reminder: Twitter (and other social media) is flooded with scams and links to fake versions of popular DeFi protocols - please ensure to be EXTREMELY vigilant and double check before interacting with anything!

-Security alert from @paraswap via @PeckShieldAlert:

Top Stablecoin Yields

(note: this is the Top Stablecoin Yield, sourced from @DefiLlama ($10M+ Total Value Locked (TVL), shown once and no IL only) and @stable_fish - note: these lists just raw data, be sure to always DYOR before interacting with any/all protocols)

Important news and analysis

(important news, Twitter Threads, articles, videos, ETC in the last 24 hours)

-The latest FOMC meeting (the Fed's interest rate decision) is at 2pm EST today:

-Thoughts on the above from @FedGuy12:

-Next story about: BlackRock/Ethereum creates heated discussion:

-Thoughts above from @iamDCinvestor and @ThinkingUSD:

-Alfa report/stock code c/o @thedefivillain:

-Significant GBTC inflows continue, h/t @zerohedge:

- Fantom continues to attract a lot of attention + positive price action, h/t @crypthoem:

-Interesting thoughts from Arthur Hayess, h/t @Prithvir12:

-Positive thoughts about COIN from @0xjaypeg and @blknoiz06:

-Add alfa code c/o @Hercules_Defi:

-Basic memes are getting quite a bit of attention on TL, h/t @0xPajke:

-New interview with @SmokeyTheBera from @theempirepod:

-New @KryptoCove broadcast video:

-Brian Armstrong Yesterday's CNBC interview attracted quite a bit of attention:

-New DePIN area video from @Dynamo_Patrick:

-A wise farewell c/o @The__Solstice:

Conclusion

Wishing you a happy Wednesday and stay alert!

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

-

-

***Note on Materials: The 'Highlights' section (and the 'Notes' section and information about our Official Monthly Sponsors where applicable) are the only sections of The Daily Degen that are sponsored sponsorship/advertisement. Everything else is 100% organically chosen based on what information/stories/ETCs seem most newsworthy/important/valuable to readers.