DeFi Weekly | Statistics: The total number of DeFi users has reached 3 million

DeFi data this week

1. The total market value of DeFi: US$71.2 billion


DeFi market value data source: CoinGecko

2. Transaction volume on decentralized exchanges in the past 24 hours: US$3.13 billion


Data source of DEX transaction volume in the past 24 hours: Debank

3. Total borrowing on DeFi lending platform: US$22.27 billion


Data source of total borrowings on DeFi lending platform: Debank


The top ten lending platform ranking source: Debank

4. Assets locked in DeFi: US$72.98 billion


Data source of the total lock-up volume of DeFi projects: Debank


The top ten rankings of DeFi projects locked assetsData source: Debank

Important DeFi developments:

Data: The total number of DeFi users has reached 3 million

Richard Chen, a partner of cryptocurrency venture capital firm 1confirmation, tweeted that the total number of DeFi users has reached 3 million. Note: The number of users here is the number of unique addresses. Because a user can have multiple addresses, the data may be overestimated.

Data: The total supply of stablecoins breaks through 110 billion U.S. dollars

According to news on July 16th, data showed that the total supply of stablecoins has exceeded the $110 billion mark. USDT ranked first with a market share of 58.73%, USDC accounted for 23.34%, BUSD accounted for 10.29%, and DAI accounted for 5.01%.

Blockchain head game Axie Infinity single-day income super king glory

The single-day revenue of the blockchain head game Axie Infinity has exceeded 8 million U.S. dollars, surpassing the single-day revenue of King Glory. Following this momentum, Axie Infinity’s monthly income is expected to surpass the glory of the king.

Uniswap launches six improvements and new features

Decentralized exchange Uniswap announced the launch of six new features and improvements, namely automatic fee level selection, liquidity range map, user interface for creating proposals, translation and crowdsourcing tools in 30 languages, Uniswap help center, documentation improvements and new log in page. The automatic charge level selection means that the application will now automatically suggest a reasonable charge level for most LP strategies, but the LP can still manually select the charge level by clicking the edit button to display the additional charge level and its The respective liquidity allocation percentage. The liquidity range graph means that the LP interface will display the real-time distribution of liquidity in the selected pool, providing insight into the overall market opinion on how to best allocate liquidity. LP can use the range slider to adjust its minimum and maximum prices next to the pre-existing manual input fields.

THORChain claims that 4000 ETH was lost due to the attack and will compensate the damaged users within a few weeks

THORChain (RUNE), a decentralized cross-chain transaction protocol, claimed in the telegram group that the protocol was attacked, and the loss of about 4,000 ETH, worth about US$7.65 million. While the developers were investigating the severity of the vulnerability and how to fix the vulnerability, the network has ceased operation. More detailed assessments and repair steps will be announced soon, and damaged users will be compensated in the coming weeks. The THORChain team stated that treasure has enough funds to repay the stolen funds, but is seeking the attacker to contact the team to discuss returning the funds to obtain the corresponding bug bounty.

1inch Foundation launches $3 million funding plan

Golden Finance reported that, according to official sources, the 1inch Foundation, an on-chain transaction aggregator, launched a $3 million funding program. In the next 12 months, 1INCH tokens worth $3 million will be distributed to development teams and individual developers according to the funding plan. 1inch said that there are three types of projects that may be funded, including network development (such as aggregation products, AMM, wallets, etc.), community development (such as tutorials and translations, community activities, etc.), research and analysis (such as advanced data analysis). At present, the DeNet team of the decentralized storage protocol has received the first 1INCH token grant worth 100,000 USD.

Dolce & Gabbana launches exclusive NFT series

Golden Finance reports that fashion and luxury brands DOLCE & GABBANA announced the launch of an exclusive NFT series in cooperation with UNXD, a digital market supported by the Polygon network. The fashion brand’s first NFT series will be named Collezione Genesi, and will be auctioned exclusively on UNXD.

DeFi Education Fund responds to the UNI sell-off: it has a certain degree of autonomous decision-making power and will release its annual budget report within 90 days

According to the news on July 15th, the DeFi Education Fund (DeFi Education Fund, DEF), which had previously sold 500,000 UNI tokens, responded to the token sale and stated that in view of the unpredictable and rapidly changing regulatory environment, and the proposal It is said that it will allocate 1 million tokens in the next few years, but DEF also has a certain degree of autonomous decision-making power, and most of DEF’s expenses will be denominated in US dollars, so half of the tokens are exchanged for USDC to provide financial support for operations. On the day of the sell-off, its sales accounted for less than 5% of UNI’s daily trading volume, so it is unlikely to have a negative impact on the UNI market price. In addition, DEF stated that it will release its annual budget within 90 days. The author of the DEF proposal is not on the committee’s list and does not participate in the committee’s use of funds. Currently, four of the seven DEF committee members hold senior legal positions in DeFi software development companies. One of them is Larry Sukernik, the founder of Reverie, a company focused on DAO.

Sorare, a digital football collectibles platform, is expected to receive $532 million in financing

According to a report from Business Insider on Wednesday, Sorare, a digital football collectibles platform, is expected to announce a record $532 million in financing. According to the article, according to the comments of three unnamed sources, the valuation of the Paris-based company may exceed $3.8 billion. According to reports, this funding will be the largest financing in the history of the French technology industry. Japanese investment company Softbank is preparing to lead this round of financing, and British venture capital company Atomico will also participate.

Axie Infinity earned $7.69 million on July 14 and set a record for the highest single-day income

NFT game Axie Infinity earned USD 7.69 million on July 14, setting a record for the highest single-day income. Among them, market expense income was USD 1.49 million and breeding expense income was USD 6.2 million. As of the time of publication, Axie Infinity’s total revenue for the first half of the month since July has exceeded 51 million U.S. dollars, which is 3.5 times the previous June’s revenue of 14 million U.S. dollars.

The price of a piece of virtual land on the Axie Infinity meta-universe has doubled 90 times a year

Kieran Warwick, the co-founder of the NFT meta-universe game Iluvium, revealed that he sold a piece of Axie Infinity meta-universe virtual land he bought a year ago on July 13, and obtained more than 9000% of the proceeds. The purchase price is 300 US dollars, and the selling price is 28,000 US dollars. Warwick said that he made a lot of investments in Axie Infinity and invested in land in three other meta-universe projects. He said that the strategy of investing in virtual real estate is the same as investing in physical real estate. The most important thing is location and scarcity, and pointed out that advertising opportunities may be the biggest use case for such real estate, but with the growth of Metaverse, the uses of virtual land will be endless.

The decentralized cross-chain transaction protocol Anyswap multi-link was attacked by the v3 version, and the cross-chain fund pool lost about 8 million U.S. dollars

According to official sources, Anyswap, a decentralized cross-chain transaction protocol, announced that the Anyswap multi-link v3 version was attacked at 4 am on July 11th, Beijing time. The v3 cross-chain fund pool was affected, resulting in a loss of 2.4 million USDC and 5.5 million. MIM, totaling about 8 million US dollars. The Anyswap team stated that the Anyswap v1 and v2 versions are not affected by the attack, and the cross-chain bridge is not affected. The Anyswap team will compensate for the loss. After the v3 cross-chain funding pool is re-injected with liquidity, users can withdraw funds from it.

Nifty’s launches social NFT platform, simultaneously launches NFT movies starring LeBron James

Nifty’s launched, an NFT social platform designed to bring digital collections to mainstream audiences, and cooperated with Warner Bros. to launch a series of limited edition NFTs, including starring NBA superstar LeBron James and joining Warner’s early launch The cartoon series “SpaceJam: ANewLegacy” is a movie of LooneyTunes cartoon characters. The film will be shown in major US theaters and HBOMax. Warner Bros. will give away a limited edition NFT to users who register on, which can be picked up in the “SpaceJam:ANewLegacy” exhibition hall on the platform, and users who share on social media will get another NFT.

Anheuser-Busch InBev enters the NFT cross-border field, and invests in VaynerNFT under the Budweiser brand

Richard Oppy, global brand vice president of Anheuser-Busch InBev, a multinational beer production group, said that the company is planning to enter the NFT cross-border field. Its Budweiser brand is investing in a new NFT media store called VaynerNFT run by Internet entrepreneur Gary Vaynerchuk and will become its first customer. Oppy calls this cooperation a “long-term business practice” and will cover multiple businesses such as ticketing and merchandising. This initiative will first focus on the intellectual property owned by Budweiser. According to Statista data, Budweiser is the world’s most valuable beer brand in 2020, valued at US$14 billion.

Aave founder: the new version of the Aave protocol is under audit

Stani Kulechov, the founder of the decentralized lending protocol Aave, tweeted that the new version of the Aave protocol is under audit. Earlier news, Aave is currently experimenting with NFT as collateral, and hopes that the agreement will be suitable for various NFT use cases when it is released.

The number of user addresses of the NFT trading platform OpenSea increased by 19% month-on-month in June

According to data from DuneAnalytics, the number of user addresses on the NFT trading platform OpenSea increased by 19% month-on-month in June.

The AxieInfinity market was attacked by DDoS, the official said that the estimated repair time is 30 minutes

The NFT project AxieInfinity tweeted that its market platform is currently under DDoS attacks, which means that someone is launching an attack on the server, and the estimated repair time is 30 minutes. In addition, the funds are safe.

Port Finance launches bug bounty program

Golden Finance reported that Port Finance, the Solana ecological lending agreement, announced the launch of a bug bounty program with a bounty of up to $100,000. The evaluation will be based on the grading. The maximum reward for critical vulnerabilities is USD 100,000, the maximum reward for advanced vulnerabilities is USD 10,000, the maximum reward for intermediate vulnerabilities is USD 1,000, and the maximum reward for low-level vulnerabilities is USD 250. Other relevant aspects include (but are not limited to): the difficulty of discovering vulnerabilities, the level of detail of vulnerability reports, and the vulnerabilities discovered shall not be disclosed to any other person or entity.

DeFiPie, the lending protocol on Binance’s smart chain, was hacked

DeFiPie (PIE), the lending protocol on Ethereum and Binance’s smart chain, tweeted that its application was hacked. The team is currently working with security auditing companies to find a solution. It is recommended that all liquidity providers extract all from the application. fluidity. Currently holding assets on the DeFiPie application is not safe. According to CoinGecko data, the PIE token has fallen by more than 66% in 24 hours.

Posted by:CoinYuppie,Reprinted with attribution to:
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