DeFi Data
1. The total market capitalization of DeFi tokens is $10.543 billion.
Data source: Coingecko
2. The trading volume on decentralized exchanges in the past 24 hours is $5.088 billion.
Data source: Coingecko
3. The locked assets in DeFi amount to $94.53 billion.
Data source: Defillama
NFT Data
1. The total market capitalization of NFTs is $54.60 billion.
Data source: Coinmarketcap
2. The trading volume of NFTs in the past 24 hours is $6.257 billion.
Data source: Coinmarketcap
3. Top 10 NFTs sold in the past 24 hours.
Data source: NFTGO
Headlines
South Korea to Investigate Worldcoin
According to Jinse Finance, the Personal Information Protection Commission of South Korea has received complaints about Worldcoin collecting personal information, particularly scanning people’s irises in exchange for cryptocurrency. The commission stated that if any violations of local privacy rules are found, action will be taken against the project.
NFT Hot Topics
1. NFT EIP-7007 by 7007 AI Completes Minting
According to Jinse Finance, 7007 AI, a generative AI project, announced that its NFT project, EIP-7007, has completed minting and is in talks with OpenSea and Blur for listing. It is currently available for trading on Magic Eden.
2. NodeMonke #2769 NFT Collection Sells for 17 BTC
According to Jinse Finance, data shows that the NodeMonke #2769 NFT collection on the Bitcoin blockchain sold for 17 BTC.
DeFi Hot Topics
1. Uniswap Governance Proposal Surpasses Quorum
According to Jinse Finance, based on information from the snapshot page, Uniswap has initiated the activation of the Uniswap governance proposal, which has surpassed the required quorum of 10 million UNI. Currently, the proposal has 100% support, and the voting will end on March 6th. The next step will be an on-chain vote lasting 7 days, requiring 40 million UNI as the required quorum.
2. Bernstein: DeFi Protocols to Experience Explosive Recovery Alongside Bitcoin’s Rise
On March 4th, analysts Gautam Chhugani and Mahika Sapra from Bernstein stated in their report that with Bitcoin nearing its all-time high, DeFi will experience an explosive recovery. Their reasoning is that this market cycle will bring more trading volume to various DEX platforms, and with the introduction of token fee-sharing mechanisms represented by Uniswap, DeFi will transition from a unsustainable subsidy-based token economy to a model with real returns.
3. Stacks’ Arkadiko Protocol 2.0 Testnet Launches with New Features
On March 4th, the Bitcoin Layer2 network’s Stacks ecosystem stablecoin protocol, Arkadiko Protocol, announced the launch of Arkadiko 2.0 testnet. The new features include redemption, allowing only one treasury per address for each collateral type, and stSTX (Stacking DAO) as the primary collateral type. Arkadiko stated that the v2.0 testnet is limited to the treasury and does not include functionalities such as trading, LP staking, or governance upgrades.
4. MakerDAO Co-Founder Rune Christensen Accumulates 25 billion SHIB Tokens
According to Jinse Finance, monitoring by blockchain analyst Yu Jin shows that MakerDAO co-founder Rune Christensen, after attempting to buy SHIB on March 1st, saw a 50% increase in SHIB’s price on March 2nd. Rune then continued to buy 4 million USDC worth of SHIB (25 billion SHIB) 12 hours ago, and SHIB’s price increased by 20% shortly after. Rune has now spent a total of 500,000 USDC to acquire 25 billion SHIB tokens at an average price of $0.00002.
5. Binance Web3 Wallet Completes Integration with the Blast Network
According to official sources, the Binance Web3 Wallet has completed integration with the Blast Network, allowing users to transfer Blast Network tokens and access various dApps on the network.
Gaming Hot Topics
1. Fusionist, a Web3 gaming project, to Launch New Asset PeACE based on ERC404
On March 4th, Web3 gaming project Fusionist announced the launch of a new asset, Prime Ace (PeACE), based on ERC404 NFT. PeACE will be the first token launched on the Endurance Launchpad. Fusionist stated that the revenue from ACE Arena games and the Launchpad will directly contribute to PeACE.
