DeFi Data

1. Total market value of DeFi tokens: $69.298 billion

DeFi total market value Data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$2.775 billion

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

3. Assets locked in DeFi: $83.627 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: $23.432 billion

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

2. 24-hour NFT trading volume: $3.959 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

Wall Street bets Powell will confirm rate cut

Golden Finance reported that Wall Street is betting that Federal Reserve Chairman Powell will confirm that the Fed is about to cut interest rates at the Jackson Hole Annual Meeting. But as the focus shifts from "whether there will be a rate cut" to "how much the rate cut will be," stock traders may be disappointed. "If traders hear that a rate cut is coming, the stock market will react positively," said Eric Beiley, executive managing director of wealth management at Steward Partners Global Advisory. "If you don't hear the information you want, it will trigger a massive sell-off." The market fully expects the Fed to start cutting interest rates at the September meeting. But Powell could easily keep his mouth shut about the timing of the rate cut when he speaks on Friday. In accordance with his characteristics, he is also likely to take a cautious and ambiguous approach to reveal how much interest rates may fall after the Fed completes its easing. "The market is confident that a rate cut will be coming soon," Beiley said. It would be a huge surprise if Powell did not emphasize that this is the future path.

NFT Hot Spots

1. The floor price of blue-chip NFT rebounded, and the floor price of BAYC increased by 23.88% in 7 days

On August 19, according to Blur market data, the floor prices of the blue-chip NFT series have rebounded to varying degrees, including: BAYC floor price 12.2 ETH, a 7-day increase of 23.88%; PudgyPenguins floor price 9.35 ETH, a 7-day increase of 13.47%; Azuki floor price 4.45 ETH, a 7-day increase of 12.1%; MAYC floor price 1.99 ETH, a 7-day increase of 20.37%.

2. The buyer of CryptoPunk#5822is suspected to be the collector VOMBATUS, and the transaction price is 1500 ETH

On August 19, the latest buyer of CryptoPunk #5822, which was sold today, is suspected to have been announced on X. It is KOL collector VOMBATUS, and the seller is Chain CEO Deepak Thapliyal. In addition, VOMBATUS also revealed that the transaction price was 1500ETH. Earlier news, CryptoPunk#5822was sold today at an undisclosed price and is currently held by the address starting with 0xc121. CryptoPunk#5822is one of the 9 alien punks. It was sold for $23.7 million in 2022, setting the highest PFP sales record ever.

DeFi Hotspot

1. Optimism Retro Funding 5 will be open for application on August 22

Golden Finance reported that Optimism released the RetroFunding5 application update, the details are as follows: Registration period: August 22-September 5 Application review period: September 6-September 20 Voting period: September 21-October 4 Results announcement and Grant delivery time: October 10 It is reported that this round of funding will reward contributors through Ethereum core contributions, OPStack research and development, and OPStack tool development.

2. OKX will support Metis (METIS) network upgrade and hard fork

Golden Finance reported that according to the official announcement of OKX, in order to ensure the smooth progress of the METIS network upgrade, the deposit and withdrawal functions of METIS tokens and other related tokens in the network will be suspended at 5:00 pm (UTC+8) on August 20, 2024. After the upgrade is completed, the deposit and withdrawal services of METIS tokens and related network tokens will be reopened under the condition of stable network operation, and no further notice will be given at that time. During the network upgrade, METIS network token transactions will not be affected. However, please pay attention to the potential risks of spot, leverage and derivative transactions of related tokens, and increase margin in advance to reduce risks. In order to ensure the safety of funds, please do not perform deposit and withdrawal operations on METIS tokens and related network tokens during the upgrade period.

3. UniSat releases v1.4.5 update, now includes Fractal Bitcoin testnet

Golden Finance reported that according to official news, UniSat announced that the plug-in wallet v1.4.5 version has been released. In this latest version, the UniSat plug-in now includes the Bitcoin extension network Fractal Bitcoin testnet, making it easier for users to participate in the testing phase.

4. Data: Pump.fun protocol revenue surpassed Ethereum mainnet in the past 7 days

On August 19, according to DefiLlama data, in the past 7 days, Solana meme coin platform pump.fun's revenue reached 6.29 million US dollars, surpassing the Ethereum mainnet's revenue of 5.05 million US dollars.

5.NULS has completed cross-chain integration and testing of BTC and ETH native assets, and plans to merge the code into the mainnet

Golden Finance reported that according to the announcement of NULS, NULS has completed the cross-chain integration and testing of BTC and ETH native assets, and plans to merge the code into the main network in the near future. After the upgrade is completed, users can directly use BTC and ETH as gas fees on the NULS network. Both NULS nodes and Stakers will receive income from network gas fees. This move makes NULS the first public chain to support multiple assets as main network gas fees, marking an important innovation.

6. Ethereum network gas fee drops below 1gwei

Golden Finance reported that Etherscan data showed that the current Ethereum network gas fee has dropped below 1gwei, temporarily at 0.845gwei. The average fee for Swap activities is $0.95; The average fee for NFT Sale activities is $1.61; The average fee for cross-chain activities is $0.31; The average fee for lending activities is $0.81.

Game Hotspot

1. Web3 Dark Game Seraph Announces Its Rush Event Has Exceeded 800,000 Holding Addresses

On August 19, Web3 Dark Game Seraph announced that its Rush event had more than 800,000 holding addresses and completed more than 8 million transactions. According to reports, the event will be held from July 19 to August 16, after which Seraph will start the S0 season on August 22 and launch a new event. Including soul point rewards for equity NFT series Holders, exclusive advent treasure chests, optimized contribution value system, and daily PFP gift activities. 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 concept and be sure to increase risk awareness.