DeFi Daily | Tencent’s NFT trading software “Phantom Core” is online

DeFi data

1. The total market value of DeFi US$ 92.909 billion

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Source of top ten currency ranking data by market value DeFibox

DeFi total market value data source: Coingecko

2. Transaction volume on decentralized exchanges in the past 24 hours: 3.64 billion USD

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

Top 10 DEX by trading volume Source: DeFibox

3. The total amount of loans lending platform DeFi: 257.4 Yi Meiyuan

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Data source of total borrowings on DeFi lending platform: Debank

Ranking of the top ten lending platforms in terms of lock-up volume. Source: DeFibox

4. Assets locked in DeFi 64.84 billion

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

DeFi hotspot

1. Cook Finance launches index funds in the decentralized financial sector

According to official news, Cook Financial launched index funds in the decentralized financial sector. Cook’s products in the field of decentralized finance include Crypto Largecap Index and Ethereum DeFi Index Fund. The crypto market index fund consists of the largest cryptocurrency assets, including Bitcoin and Ethereum. By investing in a cryptocurrency index fund, users can access a wider range of cryptocurrency markets, and the fund will automatically optimize its balance every month to generate the highest return. The Ethereum DeFi Index Fund will be composed of the most popular DeFi protocol tokens, such as UNI and AAVE. Users can invest in multiple promising DeFi agreements and gain capital appreciation potential through multiple agreements instead of relying on only one agreement.

2. DeFi oracle Umbrella Network has updated its roadmap, and will launch ETH mainnet on September 29

The DeFi oracle Umbrella Network updates the UMB roadmap for August and September, including: the community validator program will be launched on August 2; the cross-chain bridge will be released in several stages; and the BSC will be launched for the first time on September 7- The ETH token bridge no longer relies on third parties; the ETH mainnet will be launched on September 29. The fully revised second edition of the 2021 roadmap will be released in August.

3. Cardano launches a connector to connect ADA wallets and decentralized applications

EMURGO, the founding entity of Cardano (ADA), announced that it will launch a new platform that will connect ADA users with the interaction between decentralized applications (dApps) on the blockchain network. EMURGO said in a statement that it will soon launch the YoroidApp connector, which will allow ADA holders to use plug-ins to access decentralized applications on the Cardano blockchain from their web browsers. Cardano’s Alonzo upgrade will bring smart contract functionality to the blockchain and provide support for developers who want to build decentralized finance (DeFi) dApps.

NFT

1. The quarterly pre-tax profit of SBI’s crypto asset-related businesses increased by 56% year-on-year, and the NFT market may be launched

According to the April-June 2021 consolidated report released by the Japanese financial giant SBI Holdings, the pre-tax profit of crypto-asset-related businesses in the quarter was US$41.7 million, an increase of 56% compared to the same period in 2020. The company said it hopes that based on the current market’s interest in NFTs, it may launch an NFT market and a secondary market platform. The company also said that the company has a dedicated DeFi department that is developing smartphone applications. It is reported that SBI operates two local exchanges, SBI VC Trade and TaoTao platforms, SBI Crypto and liquidity provider B2C2. The company also recently partnered with Ripple in the US to allow XRP to send money between Japan and the Philippines.

2. Data: NFT transaction volume on Ethereum increased by 338% month-on-month in the past week

According to the data of the masters on the Ouke Cloud Chain, the NFT transaction volume on Ethereum reached 171 million US dollars in the past week, an increase of 338% from the previous month. The trading volume of top NFT works including CryptoPunks, Art Blocks Curated, Bored Ape Yacht Club, etc. have all increased significantly. In the past two days, the trading volume of CyrptoPunks reached US$78.39 million.

3. Data: The highest transaction volume of NFT collectibles in the past 24 hours is CryptoPunks

According to Cryptoslam data, among all NFT collectibles markets, the highest transaction volume in the past 24 hours was CryptoPunks, with a transaction volume of more than 31 million U.S. dollars, but the transaction volume decreased by 15.53% from the previous month; the NFT collectibles market with the highest transaction volume was Axie Infinity. A total of 45103 transactions occurred every hour.

4. Tencent’s NFT trading software “Magic Core” is online, and 300 digital collection NFTs are on sale in the first phase

It was reported on August 1 that the NFT trading software “Huanhe APP” was officially launched, and 300 pieces of “Sound “Thirteen Invitations” Digital Art Collection NFT” were sold in the first period. It is reported that NFT digital collections rely on blockchain technology and are sought after by overseas markets due to their digital confirmation and permanent preservation. The Magic Core APP may widely apply NFT sales capabilities to digital art and collections, IP limited peripheral development and other businesses middle. According to industry sources, Huanhe APP is affiliated with Tencent PCG.

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/defi-daily-tencents-nft-trading-software-phantom-core-is-online/
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