DeFi Data
1. Total market value of DeFi tokens: $91.262 billion
DeFi total market value Data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.51 billion
The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $95.703 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: $35.446 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: $1.642 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 SEC sues Silvergate Bank for securities fraud
The U.S. Securities and Exchange Commission (SEC) sued District Bank Silvergate in a federal court, alleging securities fraud.
DeFi Hotspot
1. Manta Network co-founder: I don’t want to have any contact with the Polkadot ecosystem and its team anymore
On July 2, in response to the controversial news that "Polkadot Treasury spent 87 million US dollars in half a year", Manta Network co-founder Victor Ji posted: "As the founder of the project with the largest TVL and market value/fully diluted market value (non-DOT) in the former Polkadot ecosystem, I have to say that we don’t want to engage with the Polkadot ecosystem and its team at all. This ecosystem is highly toxic and has no real value for Web3. It doesn’t focus on users or adoption at all. We are too busy to reveal the many facts of discrimination we have suffered as Asian founders in this ecosystem (this is a feeling shared by all Asian founders)."
2. Arbitrum on-chain bridge to TVB exceeds 3.9 million ETH
According to the latest data from Dune Analytics, the total locked-in amount of TVB on the Ethereum second-layer solution Arbitrum has exceeded 3 million ETH, reaching 3,900,022 ETH at the time of writing, which is approximately $13.5 billion at the current price. The total number of bridge addresses on the Arbitrum chain is currently about 737,000. In terms of other L2, the total locked-in amount of zkSync on-chain bridges has reached 3.725 million ETH, StarkNet is about 908,000 ETH, Optimism is about 783,000 ETH, and Base is about 611,000 ETH.
3. MakerDAO community launches new proposal to increase weETH capacity
On July 2, Phoenix Labs initiated a new proposal to increase weETH capacity in the MakerDAO governance forum, and has opened on-chain voting on the Maker governance portal for 3 days. The proposal pointed out that there has been strong demand for weETH since mid-June, and deposits reached millions of dollars in the first few weeks of integration with SparkLend. Due to this demand, Phoenix Labs proposed changes to the weETH collateral parameters on the Ethereum mainnet to enhance the user experience and improve the ability to borrow DAI on a large scale. The proposed changes are as follows: -weETH supply cap: increased from 50,000 weETH to 200,000 weETH; -weETH isolation mode debt ceiling: increased from 50 million DAI to 200 million DAI.
4. AltLayer: AVS “MACH” now supports Arbitrum One mainnet
Rollup platform AltLayer announced on X platform that its AVS "MACH" now supports Arbitrum One mainnet, aiming to expand the re-pledge Rollup function to the Arbitrum ecosystem. MACH is a unique re-pledge Rollup product that provides a fast finality layer for Rollup. MACH runs as an AVS on top of EigenLayer's re-pledge mechanism.
5.Obol Network releases Charon v1.0
Golden Finance reported that Obol Network released Charon v1.0, the first long-term support (LTS) version of its Ethereum distributed validator (DV) middleware client. This version supports distributed key generation and only creates partial validator key sharing for each node in the DV cluster without leaking the full private key. DV enhances Ethereum's fault tolerance by preventing single points of failure. The client also prevents access to validator private key sharing during operation, minimizing the risk of private key leakage. Charon is also compatible with a variety of client combinations. Lido and EtherFi have promised to integrate Charon into their calibration operations. Obol plans to release version 1.0 of DV Launchpad, Obol Splits, and Obol SDK.
Game Hotspot
1. HashKey plans to launch HSK community airdrop through Telegram mini-game
Golden Finance reported that HashKey Group today officially launched a community airdrop for its platform token HSK, which is scheduled to go online in the third quarter of this year. Users can now claim HSK by logging into a Telegram bot called "DejenDog" and completing designated tasks. Users can also play the tap-to-earn game DejenDog on Telegram to earn extra points to redeem tokens. HashKey plans to distribute 10 million tokens before HSK goes online.
2. Manta Network ecological chain game Taman is about to launch an airdrop plan
On July 2, Manta Network's ecological chain game Taman announced that it will launch an airdrop plan in the form of a mini-game.
NFT Hot Spots
1. In June, NFT sales on the Ethereum chain amounted to only about $139 million, the lowest level since January 2021
Golden Finance reported that according to cryptoslam data, the sales of NFTs on the Ethereum chain in June were only about 139 million US dollars, the lowest level since January 2021. Last month, the total number of NFT transactions on the Bitcoin chain was about 373,443, of which there were about 50,908 independent buyer addresses and 45,645 independent seller addresses. So far, the total sales of NFTs on the Bitcoin chain is about 43.899 billion US dollars.
2. Solana’s on-chain NFT sales in June were approximately $68.5 million, the lowest since November 2023
Golden Finance reported that CryptoSlam data showed that the sales of NFTs on the Solana chain in June were approximately US$68.5 million, the lowest since November 2023. In addition, the number of NFT transactions on the Solana chain in June was 798,294, of which there were 318,946 independent buyer addresses and 80,726 independent seller addresses.
3.Parallel: The lending market no longer supports HV-MTL NFT, and users need to withdraw their assets as soon as possible
The full-chain L2 network Parallel Network tweeted that its lending market will no longer support HV-MTL NFT. From July 1, the supply operation of HV-MTL NFT assets will be disabled. Users will have one week to withdraw HV-MTL NFT assets. Failure to withdraw assets before July 8, 2024 may result in the loss of HV-MTL NFT.
4. NFT sales fell 44% to $2.32 billion in the second quarter
The recent influx of celebrity, political and animal-themed memecoins, combined with a sluggish cryptocurrency market, may have led to a 44% drop in NFT sales in the second quarter, said Henrik Andersson, chief investment officer at Apollo Crypto. The second quarter was a tough one, with Bitcoin down 15% and many altcoins performing significantly worse. But memecoins may also take some market share away from NFTs.”
Data from CryptoSlam shows that NFT sales fell from $4.14 billion in the first quarter to $2.32 billion in the second quarter due to the overall market decline.
5. NFT TGOA-026 “HIKARI. SAWA” sold for 0.15 ETH, down 98% from its high two years ago
DefiLlama founder 0xngmi posted on the X platform that two years ago, the NFT TGOA-026 "HIKARI. SAWA" was purchased at 9.6801 ETH, and a few days ago, it was sold at 0.15 ETH, a drop of 98%, equivalent to a loss of $245,000.
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.
