DeFi Daily | Softbank-backed NFT project Sorare will invest in women’s football

DeFi data

DeFi total market value: 128.764 billion US dollars

DeFi total market value data source: Coingecko

Trading volume on decentralized exchanges in the past 24 hours: $2.81 billion

Source of transaction volume data on decentralized exchanges in the past 24 hours: Debank

Total borrowing on DeFi lending platform: $25.97 billion

Data source of total borrowings on DeFi lending platform: Debank

Assets locked in DeFi: $85.88 billion

The top ten rankings of locked assets in DeFi projects and the amount of locked positions, data source: Debank

DeFi locked assets on the Ethereum chain: $63.98 billion

Data source: Debank

DeFi locked assets on the BSC chain: $13.27 billion

Data source: Debank

DeFi locked assets on the Polygon chain: $3.35 billion

Data source: Debank

DeFi locked assets on the Avalanche chain: $3.14 billion

Data source: Debank

DeFi hotspot

DEX QuickSwap announced that it will allocate 1 million USD Token rewards to 4 pools

On October 4th, DEX QuickSwap announced on Polygon to increase dual mining rewards. MATIC and QUICK worth 1 million US dollars will be allocated to 4 pools for dual mining.

The founder of the subreddit forum is developing a new defi project called Wallstreetbets Dapp

Golden Finance reports that Jaime Rogozinski, the founder of the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB), is now supporting a new defi project called Wallstreetbets Dapp. Rogozinski said: After the founding team developed the idea steadily, I was invited to join and basically created this decentralized finance (defi) ecosystem. When they invited me to join, I decided to try to combine cryptocurrency with regular stocks. Attract many people who specialize in stock trading, and realize a large number of available tools through defi and blockchain technology. Decentralized application (wsbdapp.com), its role is to create a transaction ecosystem with defi on the blockchain. We now have several components available, and we are always looking to improve the product supply. We have established an exchange-traded portfolio (ETP) socially, because community members use dapps by purchasing tokens, and they can vote to decide which ETP they want to create. What weight do they want to put on ETP, or how do they want to rebalance it. These ETPs can include regular stocks, not only the American stock exchange, but actually any stock exchange, as well as crypto assets such as Bitcoin (BTC). Therefore, ETP is minted and can be purchased by anyone, not just those who use dapp, because the tokens are publicly available.

NFT hotspot

Softbank-backed NFT unicorn Sorare will invest in women’s football

Golden Finance reported that Sorare, the NFT unicorn backed by SoftBank, has announced that it will support women’s participation in sports. The company’s CEO Nicolas Julia explained via email: “We believe that NFT can significantly promote the development of women’s sports. Actively invest from women’s football.” In a recent investment transaction of up to 680 million US dollars, the current NFT market Sorare, which focuses on fantasy football games, has been valued at 4.3 billion US dollars.

ZenX Labs will provide acceleration services for music creators’ NFT platform The HUSL

On October 4th, Unizen officially announced that it will help The HUSL make more progress. The HUSL, an NFT platform built for music creators, has become part of ZenX Lab acceleration and DMAS. CeDeFi incubator ZenX Labs will provide 360-degree acceleration for The HUSL’s expansion, which will help it establish business networks, full compliance and global expansion. In exchange, The HUS team will allocate HUSL tokens to Unizen’s DMAS (Dynamic Multi-Asset Staking) module. Once DMAS is released, any ZCX holder will be able to pledge ZCX and get HUSL in return.

Art Blocks NFT works Ringers#109 sold for 2100ETH

On October 4th, the Art Blocks NFT work Ringers#109 was sold at a price of 2100 ETH for approximately US$6.9 million.

Esports fan participation enterprise platform Rival will cooperate with Cardano Foundation to launch NFT market

According to official sources, Rival, an enterprise platform for e-sports, games and fan participation, recently announced a partnership with the Cardano Foundation. Cardano will promote the sale of NFTs, the ability to create and distribute NFTs, and use NFTs for the customer’s gaming community (including brands, media assets, sports teams, and leagues) within the Rival platform to exchange real objects and market-based royalties. The cooperation between Rival and the Cardano Foundation will further enhance the ability of brands and organizations to build communities through the experience of sports fans and the popularization of games. Rival’s corporate partners (including organizations, teams, and alliances) will be able to create and initiate various NFT activities, use their own branded physical and digital teams, and provide loyalty incentives, including game digital currencies, to further promote participation.

NFT data: CrypToadz’s 24-hour trading volume increased by 916.98%, ranking first

According to the latest data from CryptoSlam, the top ten NFT projects by volume in the past 24 hours and their volume increases and decreases are as follows: CrypToadz (+916.98%), Axie Infinity (+1.02%), CryptoPunks (+5.36%), Art Blocks ( -65.67%), Cool Cats (+66.58%), CyberKongz (-28.82%), CyberKongz VX (+541.73%), The Doge Pound (+111.61%), Bored Ape Yacht Club (-14.38%), Creature World NFT (+111.26%). Among them, the 24-hour trading volume of CrypToadz led the increase (+916.98%) to 19.584 million US dollars; the 24-hour trading volume of Art Blocks led the decline (-65.67%) to 5.192 million US dollars