DeFi Data

1. Total market value of DeFi tokens: $73.21 billion

DeFi total market value Data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.589 billion

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

3. Assets locked in DeFi: $87.157 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: $26.859 billion

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

2. 24-hour NFT trading volume: $1.99 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

Trump: Willing to have Musk join the cabinet

Golden Finance reported that former US President Trump expressed hope that Tesla CEO Elon Musk could join the cabinet, but Musk was busy with business affairs (and could not join).

DeFi Hotspot

1. Celsius bankruptcy administrator has distributed more than $2.53 billion to creditors

Golden Finance reported that the Celsius bankruptcy administrator stated in its first payment status report that more than $2.53 billion had been distributed to approximately 251,000 creditors. These payments were made in liquid cryptocurrencies and cash at prices on January 16. The administrator stated in court documents filed on Monday that they covered about two-thirds of all eligible creditors of the cryptocurrency lender, accounting for about 93% of the eligible value. Another 121,000 eligible creditors received an average distribution of about $1,500, but have not yet successfully received the distribution. "Approximately 64,000 of the remaining creditors received a distribution of less than $100, and approximately 41,000 received a distribution between $100 and $1,000," the document said. "Given the small amounts involved for many creditors, they may not be motivated to take the steps required to successfully claim a distribution."

2. Orderly Network: EVM system upgrade completed

Golden Finance reported that Orderly Network issued a statement on the X platform to confirm that the planned EVM system upgrade has been completed, performance is expected to be enhanced, and users can resume transactions.

3. The number of users on the AO test network exceeded 200,000, and the number of messages sent was nearly 500 million.

Golden Finance reported that the Arweave-based scalable blockchain network AO announced on X that as of August 27, 2024, the number of AO test network users has exceeded 200,000, and the total number of messages sent is close to 500 million.

4.Vitalik: The robustness of Ethereum L1 is increasing, and L2 is willing to work together to improve interoperability

Golden Finance reported that Ethereum founder Vitalik Buterin tweeted that the robustness of Ethereum L1 is improving, and pointed out that there is a strong willingness to cooperate between L2 projects to improve the overall interoperability of the ecosystem. Vitalik said that in the past year, concerns about censorship and centralization have not come true, but the situation has improved. He pointed out that the saying "PoW is the gold standard for assets" is being proven wrong, and the proportion of blocks that censor transactions continues to decrease. The block construction part of the roadmap ("the Scourge") is also beginning to show light, and the discussion is mainly focused on FOCIL+APS and BRAID. Vitalik emphasized that for DeFi, the first priority is to ensure that users will not encounter an annualized rate of return of -100%. He believes that the robustness of L1 (including anti-censorship capabilities) and the success of smart contract wallets are conducive to this.

5. Terra: Proposal 4818 will be the last chain upgrade implemented, and the future will be led by the community

Golden Finance reported that Terra said that as Terraform Labs (TFL) begins to phase out operations, Proposal 4818 will be the last chain upgrade they implement. According to the settlement agreement reached between TFL and the U.S. Securities and Exchange Commission (SEC) and the implementation of its proposed Chapter 11 bankruptcy plan, TFL will no longer be able to support future chain upgrades. Terra said that in the future it will seek community-driven initiatives such as the Phoenix Directive to take over the maintenance and operation responsibilities of the Terra blockchain.

6. Aave proposes to deploy a new version of GHO stable module to support BlackRock BUIDL integration

Golden Finance reported that Aave Labs proposed to build and deploy a new version of the GHO Stable Module (GSM) to support reserve allocation and management functions, achieve third-party integration, and especially support integration with BlackRock's BUIDL infrastructure. The proposal aims to improve the capital efficiency of GSM while maintaining the high standard of USDC as a backing for GHO. The new GSM will support a 1:1 fixed ratio of USDC and GHO swaps, and use USDC surplus to mint BUIDL tokens. It is reported that BUIDL is a product deployed by BlackRock on the Ethereum network, providing instant liquidity to on-chain participants, with a current issuance volume of more than US$500 million.

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.