DeFi Data
1. Total market value of DeFi tokens: $125.11 billion
DeFi total market value Data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was US$26.355 billion
The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $126.155 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: $46.228 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: $12.173 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
South Korea's political disputes intensify, President Yoon Seok-yeol declares "emergency martial law" late at night
South Korean President Yoon Seok-yeol suddenly made a live TV speech tonight, announcing the implementation of "emergency martial law". Yoon Seok-yeol listed a number of reasons, saying that the opposition party was coercing the parliament and disrupting the country, and said that he would purge "anti-national forces" in South Korea. The specific martial law measures are still unknown. Outside analysts believe that the recent series of legislation promoted by the South Korean opposition party against the president's wife and the impeachment of public officials such as prosecutors may be the fuse for Yoon Seok-yeol's announcement of "emergency martial law". (CCTV International News)
DeFi Hotspot
1. The Blast community proposed to use $36 million in revenue to repurchase BLAST tokens each year
The community of Ethereum Layer2 network Blast has published a proposal titled "Buy Back BLAST Tokens and Get Yields", which states that Blast has a narrative problem and to solve this problem, it is necessary to focus on prices; it proposes to convert earnings into BLAST tokens and use these earnings through buybacks. Depositors will retain the full value of their earnings: instead of receiving ETH or USDB, they will immediately receive liquid BLAST tokens. The proposal states that there are currently $1.2 billion in earnings assets on Blast L2. A conservative estimate of an annual yield of 3% would generate $36 million per year, which could be used to purchase BLAST on the open market, equivalent to a bid of about $100,000 per day. At current prices, this bid would cause the price to fluctuate by +4.8% per day.
It is reported that this proposal will result in $36 million of buying pressure on $BLAST tokens per year, and will also make user acquisition and engagement activities more effective, thereby recalling users/builders and starting another growth flywheel, laying the foundation for the release of the mobile application.
2. Ancient8 announced that it has received funding from the Optimism Governance Fund, intending to empower developers and build an on-chain gaming ecosystem
Ancient8, a blockchain gaming guild and community and GameFi infrastructure developer, announced that it has received a grant from the Optimism Governance Fund. The specific amount has not been disclosed. The new funds intend to push it into the acceleration phase of construction and use the interoperability provided by Superchain to build an innovative ecosystem consisting of developers, gamers and creators, establish cultural connections between gamers, developers and creators to promote community contributions.
3. Arbitrum becomes the first L2 protocol with a monthly transaction volume of more than $20 billion on the Uniswap protocol
According to data officially released by Uniswap Labs, Arbitrum became the first L2 on the Uniswap protocol to have a monthly transaction volume of more than US$20 billion.
Game Hotspot
1. Ancient8 announced that it has received funding from the Optimism Governance Fund, intending to empower developers and build an on-chain gaming ecosystem
Ancient8, a blockchain gaming guild and community and GameFi infrastructure developer, announced that it has received a grant from the Optimism Governance Fund. The specific amount has not been disclosed. The new funds intend to push it into the acceleration phase of construction and use the interoperability provided by Superchain to build an innovative ecosystem consisting of developers, gamers and creators, establish cultural connections between gamers, developers and creators to promote community contributions.
2. Web3 gaming platform Portal launches cross-chain encrypted gaming center and wallet
Web3 gaming platform Portal has launched a cross-chain encrypted game center and wallet. Portal Wallet supports 20 Ethereum Virtual Machine (EVM) chains, including game chains such as Immutable, Ronin and Xai, as well as Ethereum itself and general expansion networks such as Arbitrum and Base. This wallet is designed to help solve interoperability issues between chains.
NFT Hot Spots
1. The floor price of RTFKT’s NFT series Clone X fell below 0.3 ETH, with a single-day drop of more than 65%
According to Magic Eden market data, the floor price of RTFKT’s NFT series Clone X fell below 0.3 ETH and is now reported at 0.29 ETH, a single-day drop of 65.01%.
It was previously reported that Nike's NFT entity RTFKT announced that it would gradually shut down operations.
2. Nike's NFT entity RTFKT announced that it will gradually shut down operations
Nike's NFT entity RTFKT announced on the X platform that it will gradually shut down operations, and its Web3 services will end at the end of January 2025. It is reported that RTFKT plans to launch an updated website to showcase the pioneering work that defines RTFKT's journey. Before the transition period of this operation closure, RTFKT will launch another innovation in December this year: MNLTH X, which uses BLADE DRoP and is committed to breaking boundaries and integrating the world. Other information about specific collections, websites and services will be communicated through its Discord and official channels.
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.
