DeFi Data
1. Total market value of DeFi tokens: $78.583 billion
DeFi total market value Data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was US$9.083 billion
The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $91.639 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: $27.5 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: $3.873 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
Trump declares victory in 2024 US presidential election
In the early morning of the 6th local time, the Republican presidential candidate and former President Trump delivered a speech at the Palm Beach Convention Center in Florida. According to the latest estimates released by the (Capitol Hill) and Fox News Network and other American media, Trump has won more than half of the electoral votes and is expected to lock in the victory of this US presidential election. However, other mainstream American media have not yet released similar reports. The counting of votes in the US presidential election is still ongoing. According to the campaign team of Democratic presidential candidate and Vice President Harris, Harris will not give a speech to her supporters for the time being, "will speak tomorrow." According to CNN on November 5, Jen O’Malley Dillon, head of Harris's campaign team, said in an email to employees that night that she did not expect the election results to come out tonight. She said that the voting results will not be announced until a few hours later. The US presidential election adopts the Electoral College system, and the 50 states allocate electoral votes according to population proportion. Winning at least 270 of the 538 electoral votes is considered a winner.
DeFi Hotspot
1. Starknet updated roadmap: short-term focus has shifted to reducing fees
Golden Finance reports that the Ethereum Layer 2 network Starknet released its latest roadmap and stated that as Ethereum blob demand has steadily increased to significant levels, the project’s short-term focus has shifted back to reducing fees. According to the roadmap, Starknet plans to launch Phase 1 of STRK staking in November this year, which will further advance its decentralization process, unlock new use cases for the STRK token, and expand new business use cases on Starknet. Secondly, Starknet plans to implement “stateless compression” and “squash-pricing” in v0.13.3 in December this year to reduce network fees. Next, Starknet plans to implement "stateful compression" in v0.13.4 in February 2025 to continue to reduce costs, will improve devX by supporting try/catch mode, and introduce L2 gas as a protocol-level resource to encapsulate all L2 native compute, storage, and bandwidth without coupling to L1 resource markets. In addition, Starknet plans to implement 2-second blocks, memory pools and fee markets in v0.14.0 in April 2025, as well as other to-be-determined features.
2. Cyprus regulator extends FTX ban until May 2025
Golden Finance reported that the Cyprus Securities and Exchange Commission (CySEC) announced in a notice on November 5 that the suspension period will be extended to May 30, 2025, prohibiting FTX EU from providing services, accepting any new customers or advertising. It still allows the company to complete transactions and return funds to customers.
3. The SOL/ETH exchange rate rose to 0.07137, setting a new record high.
Golden Finance reported that according to market data, the SOL/ETH exchange rate rose to 0.07137, setting a new historical high, with a 24-hour increase of 8.25%.
4. OKX Connect already supports Bitcoin compatible networks and Aptos/Movement networks
On November 6, according to official news, OKX Connect launched by OKX Web3 now officially supports Bitcoin compatible networks and Aptos/Movement networks. For Telegram Mini Apps that support OKX Connect, the OKX Web3 wallet and the OKX Mini wallet based on Telegram can be directly invoked to perform DApp interactions such as signature transactions. It is reported that OKX Connect is a communication protocol between wallets and applications in the Telegram ecosystem, helping developers seamlessly connect the DApps they develop on Telegram and different blockchains to help users get the best experience.
5. SynFutures launches “Perp Launchpad” and $1 million funding program
Golden Finance reported that SynFutures, a decentralized derivatives startup, launched the "Perp Launchpad", the first tool platform specifically designed for creating perpetual futures markets, supporting futures trading of any asset, including meme coins. The platform is built on Ethereum Layer 2's Base, and aims to provide market liquidity and risk hedging for new projects, and provide passive rewards for liquidity providers. SynFutures has also launched a $1 million funding program to support the token demand and practicality of new projects, including financial support, liquidity, and marketing assistance. Since expanding to Base in July, SynFutures has accounted for more than half of the platform's derivatives trading volume.
6. Decentralized AI orchestration platform Naptha AI completes $6 million Pre-Seed round of financing
Golden Finance reported that Naptha AI, a decentralized, multi-agent AI orchestration platform, announced the completion of a $6 million Pre-Seed round of financing, led by Arche Capital and Cyber Fund, with participation from Seed Club Ventures, Polymorphic Capital, GnosisDAO, Halo Capital and others.
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.
