DeFi Data

1. Total market value of DeFi tokens: $86.953 billion

DeFi total market value Data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.545 billion

The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $99.567 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: $33.819 billion

NFT total market value, top ten projects by market value Data source: Coinmarketcap

2. 24-hour NFT trading volume: $1.643 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

Binance Labs Fund Announces First Batch of Projects to Be Incubated in Season 7

Golden Finance reported that Binance Labs Fund announced the first batch of projects to be incubated in the seventh season. The pledge asset liquidity protocol Astherus, the chain abstraction liquidity aggregation protocol CYCLE NETWORK, the scalable data availability network DILL, and the EigenLayer-based data and DeFi system EigenExplorer were shortlisted.

NFT Hot Spots

1. Two artists sued the US SEC over whether NFT is a security and its jurisdiction

Golden Finance reported that two NFT artists sued the US SEC over whether NFT is a security and its jurisdiction. Law professor Brian Frye and "Song a Day Mann" songwriter Jonathan Mann filed a lawsuit against the US SEC and its five commissioners in the U.S. District Court for the Eastern District of Louisiana on Monday. Lawyers for the two artists accused the SEC of launching a "campaign to assert jurisdiction over the sale of digital art," citing Taylor Swift's tickets as an example, and cited the agency's two recent cases against NFTs. Both companies are preparing NFT projects and are seeking declaratory judgments from the court. The SEC declined to comment on the complaint. Ashley Ebersole, general counsel of 0x Labs and former SEC lawyer, said that the SEC's previous NFT enforcement actions had been settled, so the court had little opportunity to consider whether NFTs were securities.

DeFi Hotspot

1. Starknet announces SHARP v6.0 upgrade

Golden Finance reported that according to official news, Starknet announced the SHARP v6.0 upgrade, which Starknet will use in the v0.13.2 upgrade to significantly reduce block time without additional L1 costs. This will reduce the confirmation time by 7 times, from about 15 seconds to about 2 seconds.

2. Uniswap Labs: L2 transaction volume ranks 44th in the global national GDP ranking

Golden Finance reported that Uniswap Labs published an article on the X platform stating that the L2 transaction volume can rank 44th in the global national GDP ranking, and the transaction volume on the Uniswap protocol reached 342.62 billion US dollars.

3. BNB Chain announces enhanced governance process

On July 30, BNB Chain announced that in order to enhance network efficiency, transparency and community participation, BNB Chain launched a major upgraded governance process after BC Fusion. These upgrades include a new two-step proposal process: a temperature check to obtain preliminary community opinions, followed by a formal proposal vote on the Tally platform. This improved approach ensures that BNB holders and stakers can actively participate in decision-making and promote transparent and flexible governance. This upgrade is in line with BNB Chain's vision of supporting startups and developers to achieve business success and enter mainstream applications, while also fulfilling its mission to guide the next billion Web3 users.

4. StarkNet derivatives trading protocol ZKX ceases operations

Golden Finance reported that @0xEduard, founder of the StarkNet derivatives trading protocol ZKX, said that he was very sorry to announce the suspension of operations and said that despite his best efforts, he could not find an economically viable path for the protocol. Currently: all markets have been delisted, positions have been closed, and all funds have been returned to each user's trading account; users can transfer funds from trading accounts to the main self-custody account; self-custody ZKX accounts are wallets on Starknet, and users can withdraw back to L1 at any time through the Starkway bridge; the agreement will last until the last day of August, and ZKX vesting and distribution will continue after the closure on September 1; everyone is strongly recommended to withdraw funds and claim any pending STRK rewards before sunset in August.

5. B² Network bridges TVL of over $170 million

Golden Finance reported that DeFiLlama data showed that B² Network's bridge TVL exceeded 172 million US dollars, with a daily increase of more than 20%, ranking first in bridge TVL. It is reported that B² Network recently launched the native income aggregation product B² Farming in cooperation with 20 project parties including Babylon, Bedrock, and Lombard. Users holding BTC have a variety of income strategies to choose from, and can earn multiple incomes with simple operations.

6. Gala launches GalaChain testnet

Golden Finance reported that the blockchain gaming platform Gala announced the launch of the Gala Chain testnet, which will provide a secure environment for external developers to deploy, test and improve their code. Features of the Gala Chain testnet include: support for code deployment from Docker Containers, comprehensive API access, redeployment capabilities, code approval and verification, and an accessible test environment.

Game Hotspot

1. Trust Wallet and TON collaborate to further enhance GameFi and DApps integration

Golden Finance reported that Web3 wallet provider Trust Wallet announced a partnership with TON, aiming to leverage Telegram’s user base to enhance the integration of GameFi and DApps and ensure seamless TON token transactions.

2. Blockchain game developer Endless Clouds may issue token END

On July 30, Loopify, the founder of blockchain game developer Endless Clouds, followed an account called Endless Clouds Foundation on the social platform and retweeted its tweet $END, suggesting that Endless Clouds may issue the token END.

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.