DeFi Data

1. Total market value of DeFi tokens: $70.263 billion

DeFi total market value Data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.42 billion

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

3. Assets locked in DeFi: $82.896 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: $25.086 billion

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

2. 24-hour NFT trading volume: $1.726 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

Bitcoin exchange reserves have reached this year's lowest point

Golden Finance reported that according to Crypto Quant data, the number of Bitcoin exchange reserves has reached its lowest point this year, falling to about 2.69 million.

DeFi Hotspot

1. In the past 7 days, the transaction volume of Tron chain DEX reached 1.61 billion US dollars, a weekly increase of 73.45%

Golden Finance reported that Edge Matrix Chain (EMC), incubated by Future3 Campus, announced the completion of a $20 million financing, led by Amber Group and Polygon Venture, with participation from One Comma, Kapley Judge and Associated Corporations, Cyberrock Venture Fund, Candaq Fintech Group, Hameem Raees Chowdhury and other well-known investment institutions. It is reported that Edge Matrix Chain (EMC) will use this financing to upgrade to AI Layer1 infrastructure to further accelerate the expansion and development of its ecosystem. Users can obtain EMC tokens by participating in the test network and experience innovative AI public chain technology.

2. Bitlayer announces replacement of existing USDC Token contract

On August 30, Bitlayer, a native Bitcoin second-layer project, announced that it would replace the existing USDC Token contract. According to the official announcement, the Token corresponding to the old contract will be renamed USDC.e in the official platform and major community projects. The new Token will continue to use the USDC name, and the Bitlayer official cross-chain bridge and major DeFi projects will support the new USDC. To ensure a smooth transition of user assets, Bitlayer will provide an official exchange portal and exchange tutorial to support users to exchange USDC.e for the new USDC at a ratio of 1:1. The specific contract replacement time will be disclosed in subsequent official announcements. This move is mainly to comply with the requirements of the Circle protocol and strategically introduce Circle into the Bitlayer ecosystem. Bitlayer will ensure that all operations during this adjustment process meet compliance requirements, the security of users' assets will be fully guaranteed, and the impact on users will be minimized.

3. BounceBit announced that it will launch V2, which will introduce AI agents, etc.

Golden Finance reported that BounceBit announced that it will fully upgrade its CeDeFi and BounceClub product lines and launch V2. CeDeFi V2 is scheduled to be released for the first time in the fourth quarter of this year. The main updates include the introduction of CeDeFi SaaS services, the provision of automatic and manual product modes, the expansion of supported investment strategies, the optimization of subscription and redemption rules, and the simplification of user operation processes. BounceClub V2 will be launched in the third quarter of this year, adding a new BTCfi module to simplify the Bitcoin storage and staking process, introducing AI Club to allow users to create and interact with AI agents, enhancing DeFi functions, and adding a new Meme token launch pad and Arcade gamification module.

4. Bitcoin DeFi protocol Threshold proposes to merge its wrapped Bitcoin version with WBTC

Golden Finance reported that Bitcoin DeFi protocol Threshold proposed to merge its wrapped Bitcoin version with WBTC. According to the plan, BitGo will become the "largest holder" of Threshold T tokens, while also transferring control of the WBTC minting and destruction mechanism to "ensure the continued stability of WBTC, the sanctity of its collateral, and the security of users and protocols that rely on it." If the proposal put forward by NuCypher co-founder MacLane Wilkison is approved, Threshold will mint an additional 1,655,250,000 T tokens (a 15% increase in supply, equivalent to approximately $36 million), which will then belong to BitGo, and BitGo will transfer WBTC's token freezing and minting/exchange privileges to Threshold DAO.

5. TON’s block production is further interrupted

Golden Finance reported that according to TON on the X platform, the TON block production problem began at 19:19 UTC on August 28, and the interruption seemed to be caused by the heavy load caused by the minting of DOGS tokens. TON Core is working hard to find a solution. TON will continue to inform users of the development of the situation. There is no risk to user crypto assets.

6. Trump's new crypto project World Liberty Financial claims to provide high-yield investment opportunities

Golden Finance reported that former US President Donald Trump launched a new cryptocurrency project called World Liberty Financial, claiming to provide "high-yield" investment opportunities. According to the metadata on the project's website, this platform is "the only crypto DeFi platform supported by Donald J. Trump" and aims to connect users with the best tools in the field of decentralized finance (DeFi) to achieve safe "high-yield" crypto investments. Its website calls on users to "Join the financial revolution now!" The platform's trademark was filed in mid-July by lawyer Alex Golubitsky, who confirmed that it was related to Trump's cryptocurrency plan. Trump and his son Eric have recently been promoting this new platform as Trump's latest attempt in the cryptocurrency field. At the same time, Trump also launched the fourth NFT series, hoping to continue the success of the previous crypto collectibles sales. Trump promised that if he is re-elected president, he will make the United States a "global crypto capital." At present, the press office of World Liberty Financial has not commented on the matter.

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.