DeFi Data
1. Total market value of DeFi tokens: $82.396 billion
DeFi total market value Data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.905 billion
The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $95.232 billion
The top ten rankings of DeFi projects with locked assets and locked-in amounts. Data source: defillama
NFT Data
1. Total NFT market value: $33.225 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: $1.937 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
3. Top NFTs in 24 hours
Top 10 NFTs with the highest sales growth in 24 hours Data source: NFTGO
Headlines
The average drop of famous MEME coins on Solana reached 94%
Jupiter business expansion manager Slorg posted on the X platform that last month, the Solana network gave birth to 30 MEME tokens launched by celebrities, covering celebrities from Andrew Tate to Soulja Boy, which were once very popular. However, each celebrity coin has fallen from its historical high, with an average drop of 94%. Even the best-performing tokens have fallen by more than 70%, and half of them have fallen by more than 99%, and this is only about a month in their life cycle. As of the time of posting, 22 of the 30 celebrity MEME coins have a market value of less than $1 million. Some tokens remain active because they are regularly discussed on Twitter. Ethereum co-founder Vitalik said last month that he was very dissatisfied with this round of celebrity experiments, believing that financialization is a means to an end, but it is difficult to accept if the end is a product.
DeFi Hotspot
1. AI project Morpheus will be launched on the Arbitrum testnet on Friday
Lumerin, a protocol on the Arbitrum blockchain, announced that its new Morpheus project for decentralized AI computing will go live on a public test network on Friday. The technology is designed to avoid the flaws of centralized artificial intelligence models, which may be vulnerable to censorship or monopoly control.
2. Core Chain launches dual staking model to increase Bitcoin yield
On July 25, the Core Foundation announced on Thursday that it would introduce a dual staking model for Core Chain. The model is built on Core's existing non-custodial Bitcoin staking system, which was launched earlier this year. The dual staking model allows Bitcoin holders to earn higher returns by staking Bitcoin and CORE tokens. The foundation said that since its launch in April, the non-custodial Bitcoin staking system on Core Chain has attracted approximately 5,000 Bitcoins, worth approximately $309 million.
3. Bitcoin sidechain MicrovisionChain reaches cooperation with Ant Mining Pool
On July 25, Bitcoin sidechain MicrovisionChain (Token SPACE) and AntPool officially announced a strategic partnership, which will effectively increase the security of the Microvisionchain network and its exposure among global miners. MVC, as a Bitcoin sidechain solution, uses the same UTXO+POW consensus model as Bitcoin, has Turing-complete smart contract functions, and corresponds to Bitcoin's 1:1 satoshi. The project allows Bitcoin SHA256 miners to seamlessly switch to mining SPACE.
4. Starknet v0.13.2 is expected to increase TPS capacity to 250 TPS by introducing parallel execution
Golden Finance reported that Starknet published a post on X stating that parallel execution will be included in Starknet v0.13.2. Through parallelization, Starknet's TPS capacity is expected to increase to around 250 TPS. Earlier, Starknet announced on the X platform that Starknet v0.13.2 will be launched soon, with parallel execution capabilities, and the confirmation and packaging time will be greatly accelerated. For users, the most important effect is that the L2 transaction time is reduced to about 2 seconds, specifically: 1. The time for launching the test network is August 5; 2. The time for launching the main network is August 26.
5. The total bridge TVL of five mainstream L2s, Arbitrum, Optimism, Starknet, zkSync and Base, exceeds 10 million ETH
Golden Finance reported that Dune data showed that the total TVL of the five mainstream L2 bridges, Arbitrum, Optimism, Starknet, zkSync and Base, exceeded 10 million ETH, reaching 10,011,010 ETH at the time of writing this article, including: 1. Arbitrum bridge TVL is 3,557,939 ETH, and the number of bridge addresses is 740,268; 2. Optimism bridge TVL is 788,447 ETH, and the number of bridge addresses is 349,040; 3. zkSync bridge TVL is 3,727,077 ETH, and the number of bridge addresses is 2,934,591; 4. Starknet bridge TVL is 915,654 ETH, and the number of bridge addresses is 1,226,356; 5. Base bridge TVL is 390,437 ETH, and the number of bridge addresses is 610,836.
6. LayerZero has completed the distribution of witch bounty hunter rewards
Golden Finance reported that Jupiter business expansion manager Slorg posted on the X platform that last month, the Solana network gave birth to 30 MEME tokens launched by celebrities, covering celebrities from Andrew Tate to Soulja Boy, which were once very popular. However, each celebrity coin has fallen from its historical high, with an average drop of 94%. Even the best-performing tokens have fallen by more than 70%, and half of them have fallen by more than 99%, and this is only about a month in their life cycle. As of the time of posting, 22 of the 30 celebrity MEME coins have a market value of less than $1 million. Some tokens remain active because they are regularly discussed on Twitter. Ethereum co-founder Vitalik said last month that he was very dissatisfied with this round of celebrity experiments, believing that financialization is a means to an end, but it is difficult to accept if the end is a product.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.
