DeFi data
1. Total market value of DeFi tokens: $70.504 billion
Total market value of DeFi. Data source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $4.009 billion
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $86.572 billion
Top ten DeFi projects by locked assets and locked amounts. Data source: defillama
NFT data
1. Total market value of NFTs: $2.502 billion
Total market value of NFTs, top ten projects by market value. Data source: Coinmarketcap
2. 24-hour NFT trading volume: $2.094 billion
Total market value of NFTs, top ten projects by market value. Data source: Coinmarketcap
3. Top NFTs in 24 hours
Top ten NFTs by sales increase in the past 24 hours. Data source: NFTGO
Headlines
Michigan State Pension Fund buys Ethereum ETF
According to Bloomberg senior ETF analyst Eric Balchunas disclosed on the X platform, Michigan State Pension Fund has bought Ethereum ETF. It is reported that the pension fund previously also purchased Bitcoin ETF, and the amount of funds used to purchase Ethereum ETF is larger than that for Bitcoin ETF ($10 million vs. $7 million).
NFT hotspots
1. WorldBrain 2.0 launches embodied NFTs, activating multiple rights in the virtual universe
November 5 news, official news, WorldBrain is undergoing transformation and upgrading under the global vision, closely cooperating with 1X Technologies and World Labs to create an intelligent ecosystem that integrates world models, embodied intelligence, and virtual universes. In the WorldBrain 2.0 virtual universe ecology, users can accumulate materials and activate brain regions and embodied IDs. The embodied IDs are divided into primary embodied and intelligent embodied. Embodied users can receive exclusive NFT benefits for free, enjoying rights such as free access to WorldBrain Chat, ecological dividend airdrops, profit sharing, and DAO governance rights. In addition, WorldBrain has launched a robust gain plan, allowing users to stake WBC tokens to obtain NT gains and secure steady financial returns.
DeFi hotspots
1. Jito and Solana's protocol fee income has exceeded Ethereum for the third consecutive day
Golden Finance reports that, according to SolanaFloor data monitoring, Jito and Solana's protocol fee income has exceeded Ethereum for the third consecutive day; at the same time, Jito has also ranked first in protocol fee income over the past 7 days. According to its screenshot, in the past 24 hours, Jito's fee income was $2.79 million, Solana's fee income was $2.45 million, and Ethereum's fee income was $2.27 million.
2. Solana chain welcomes new hotspots: Political concept tokens attract market attention
January 5 news, as the 2024 U.S. presidential election approaches, Trump's candidacy has attracted widespread market attention. Especially in recent years, meme coins related to Trump have gradually increased, even choosing to launch on the Solana chain. Currently, Trump's chances of being elected are very high. If Trump is elected, he may introduce policies that are more supportive of blockchain and cryptocurrencies, which would be beneficial for Solana and the entire crypto industry. Looser policies and market support may make blockchain applications more widespread. Solana, as an efficient public chain, has become the preferred platform for issuing social tokens due to its performance of processing 65,000 transactions per second and transaction fees of less than $0.001, gaining favor from more developers and users due to its technical advantages. The issuance of meme coins related to Trump on the Solana chain is an important opportunity for Solana to gain widespread attention in the crypto field. By attracting Trump's supporters and gaining potential policy support, the Solana chain may welcome more users and higher activity. In the future, Solana is expected to achieve further market expansion in the blockchain field and bring more innovation and development opportunities to its ecosystem!
3. Pandora Chain technology open source and first batch of node elections officially launched
November 5 news, Pandora Chain officially realizes technology open source and simultaneously launches the first batch of node election activities. This important move marks Pandora Chain's opening of core technology to global developers and community members, aiming to build a more transparent and open blockchain ecosystem. The open source of Pandora Chain not only showcases its technical strength but also provides opportunities for global developers to participate and contribute, promoting further development and growth of the ecosystem. The node election will close on November 21, at which point formal production will begin. Pandora Chain operates on a whitelist system to attract more quality projects to join the ecosystem. The launch of the node election will bring broader community support and technical collaboration to the Pandora chain, aiding the steady growth of the on-chain ecosystem. So far, the number of users on Pandora chain has exceeded 4.23 million, demonstrating its influence in the blockchain field. The open source of Pandora Chain and the node election not only symbolize the acceleration of the decentralization process but also mark a milestone for the openness and expansion of the Pandora chain ecosystem, creating a good foundation for the birth of more innovative applications in the future.
4. Superchain ecosystem grants three new grants to Kroma, Derive, and Polynomial
November 5 news, the Superchain ecosystem announces its 29th round of Optimism grants has approved three new grants: 500,000 OP granted to the Optimistic Rollup Kroma using zkEVM, 1 million OP granted to options protocol Derive (formerly Lyra), and 450,000 OP granted to the derivative Superchain Polynomial. These OP grants will be used to incentivize the growth of developers and user participation in their ecosystem.
5. Driven by the Bitcoin DeFi boom, the usage of the Internet Computer cross-chain protocol has increased by 1230% year-on-year
November 5 news, according to a report released by the Dfinity Foundation on November 4, the usage of the Internet Computer's cross-chain messaging protocol Chain Fusion has increased by 1,230% year-on-year, mainly from Bitcoin-native applications. Dfinity stated that Bitcoin applications including Rainbow Protocol, Tap Protocol, and Bitfinity are using the Internet Computer to deploy smart contracts and other complex programs on the Bitcoin network, and Chain Fusion 'enables smart contracts for Bitcoin because ICP can interact directly with the Bitcoin network without using any trusted bridges.'
6. Soneium Minato completes L1 contract upgrade and activates FaultProofs
Golden Finance reports that Sony's L2 network Soneium tweeted that its public testnet Soneium Minato has completed the L1 contract upgrade to v1.6.0 and activated FaultProofs. The upgraded L1 contract extends the challenge period on Soneium Minato from 30 minutes to 7 days, in line with the Superchain ecosystem, to enhance security and reliability. If users have pending withdrawals that are not completed by November 5, they will need to re-verify on Superbridge. Withdrawals initiated within 7 days before the upgrade will be completed within 7 days after the upgrade.
Game hotspots
1. Web3 gaming platform GameBeast completes $2 million financing, led by Tido Capital and others
November 4 news, Web3 gaming platform GameBeast completes $2 million financing, led by Tido Capital and T Labs, with participation from K300 Ventures, Notch Venture, Asva Capital, Aza Ventures, and Buzzbridge Capital. GameBeast is a multi-chain platform developer, whose game (Destiny of Gods) completed public beta testing in September and plans to launch a Mini Game for public testing on Telegram this week. The platform's other five games are expected to open testing successively next year.
Disclaimer: Golden Finance, as a blockchain information platform, publishes articles for informational reference only and does not constitute actual investment advice. Please establish a correct investment concept and raise risk awareness.
