【Latest developments in the DeFi market】

According to Coingecko data, the current total market value of DeFi tokens has reached US$72.704 billion, and the trading volume of decentralized exchanges in the past 24 hours was US$8.177 billion. Data from Defillama shows that the total amount of locked assets in DeFi is US$81.752 billion, showing the strong market demand for decentralized finance.

【dYdX founder returns to CEO position】

dYdX founder Antonio Juliano announced that he will return to the company's CEO position to cope with fierce competition and market challenges. Juliano said that he will personally lead the company out of trouble and revive.

【Base becomes the highest-earning L2】

According to Ethereum Daily statistics, Base has become the highest-earning L2 network in the past year, with revenue of US$64 million and network costs of only US$14 million. Linea and Arbitrum followed closely behind, showing the importance of L2 solutions in the market.

[New Proposal of Aave Community]

Aave community initiated a temperature check proposal vote of "adding EIGEN to Aave v3 on Ethereum mainnet" to enhance the utility and liquidity of Eigen Layer tokens in the DeFi ecosystem. Voting will end on October 13.

[Aave V3.2 is online]

Aave Labs announced the launch of Aave V3.2, which brings higher gas efficiency and flexible risk management functions to further enhance user experience.