DeFi Data

1. Total market value of DeFi tokens: $106.395 billion

DeFi total market value Data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was US$119.829 billion

The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $120.606 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: $40.666 billion

NFT total market value, top ten projects by market value Data source: Coinmarketcap

2. 24-hour NFT trading volume: $15.911 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

US judge rejects SEC's request to sanction Musk

Golden Finance reported that a U.S. federal judge dismissed the SEC's request for sanctions against Elon Musk because he was absent from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled that Musk did not need sanctions when he testified on October 3 and reimbursed the SEC for $2,923 in travel expenses. The SEC believes that Musk violated the May 31 order and sought stronger deterrence, but Corley believes that the question is meaningless. Musk attributed his absence on September 10 to overseeing SpaceX's Polaris Dawn mission. The SEC's investigation aims to determine whether Musk's delay in disclosing his purchase of Twitter shares in 2022 may have violated securities laws. Critics believe that the delay allowed Musk to buy the company's shares at a low price before disclosing his 9.2% stake. Musk previously admitted to misunderstanding the SEC's rules. Previously, he had reached a settlement with the SEC over Tesla-related tweets in 2018. The case is still being heard in the Northern District Court of California. (Bitcoin.com)

NFT Hot Spots

1. Truemarkets raised over $4 million through public NFT sales, and Vitalik spent 32 ETH to participate in the minting

On November 22, Truemarkets, a market-based news and entertainment platform, raised more than $4 million through public NFT sales. It raised $4.03 million by selling 15,071 NFTs, with a minting fee of 0.08 ETH (about $250) per NFT. Ethereum co-founder Vitalik Buterin purchased 400 of these NFTs, spending a total of 32 ETH (about $107,000). Truemarkets allows users to bet on real-world events. Truemarkets has two types of NFTs: Oracle Patron NFTs and Truth Seeker NFTs. NFT holders are eligible to claim the upcoming asset TRUE tokens in the platform's token generation event.

DeFi Hotspot

1. Starknet: The core infrastructure for STRK staking has been deployed to the mainnet

Golden Finance reported that the core infrastructure for STRK staking has been deployed to the Starknet mainnet. The Validator tool is now in use, and users who hold at least 20,000 STRK tokens and run a full node can become a Validator; the UI and DApp for Delegators will be launched at the official launch tomorrow, and any user holding STRK can participate in staking by delegating tokens to a Validator.

2. Native USDT supply on Aptos increased by 250% in the past week

Golden Finance reported that Token Terminal recently published a statement on X stating that the supply of native USDT on Aptos has increased by 250% in the past week.

3. Binance will support Ardor (ARDR) network upgrade and hard fork

Golden Finance reported that according to the official announcement, Binance is expected to suspend the token recharge and withdrawal services of the Ardor (ARDR) network at 20:00 on December 1, 2024, Eastern Time 8, to support its network upgrade and hard fork. The project will perform a network upgrade and hard fork at block height 3,700,000 (estimated at 21:00 on December 1, 2024, Eastern Time 8).

4. Aave community releases ARFC proposal to establish strategic partnership with Instadapp by investing in INST tokens

On November 25, the Aave community released the ARFC proposal "Establishing a Strategic Partnership with Instadapp by Investing in INST Tokens". The proposal includes Aave DAO establishing a strategic partnership with the multi-chain DeFi management protocol Instadapp by investing $4 million in INST tokens with $350 million in FDV, aiming to strengthen cooperation and coordination between the two protocols. Aave DAO will allocate up to 1/3 of INST tokens to support the GHO trading pair on Fluid through Merit. DAO will also provide support and promotion for Instadapp products that utilize the Aave protocol (including GHO and Fluid integration). The remaining tokens will be set with a one-year vesting period and authorized to Aave ProtocolEmbassy.

5. President of The ETF Store: There is a high probability that Solana ETF will be approved by the end of next year

Golden Finance reported that Nate Geraci, president of The ETF Store, said: "I believe that the Solana ETF is highly likely to be approved by the end of next year at the latest. There is news that the U.S. Securities and Exchange Commission is now in contact with the issuer of this product. This is obviously a positive signal." Alexander Blume, CEO of Two Prime Digital Assets, also pointed out that if the applicant does not think that the Solana ETF can be approved, it will not waste time and money to do it. The success and precedent of spot Bitcoin and spot Ethereum ETFs, coupled with a more friendly management and regulatory environment for cryptocurrencies, will lead to the launch of the SOL ETF next year.

6. CAT becomes the only BSC chain token in the top 20 Wintermute market-making Meme coins

Golden Finance reported that according to the monitoring of on-chain data analyst @ai_9684xtpa, Simon's Cat (CAT) has now become the only BSC chain token in the top 20 Wintermute market-making Meme coins. Wintermute may have become a CAT market maker since September 24 this year. On that day, it withdrew 421 million tokens from major trading platforms and traded frequently in the past five days. The price of the coin has risen by 24% in the past month. Wintermute currently holds CAT worth $8.38 million, ranking 9th in Meme holdings.

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.