1. Total market value of DeFi tokens: 163.374 billion US dollars
2. The trading volume of decentralized exchanges in the past 24 hours is US$207.96
Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko
3. Assets locked in DeFi: US$154.152 billion
img src="https://img.jinse.cn/7401655_watermarknone.png" title="7401655" alt="cTEKVQE6VzBYoEaszdpuLs7xNEShR87wxhPmc2t1.png">
Top 10 DeFi Projects with Locked Assets and Locked Amounts Data Source: defillama
1. Total NFT Market Value: US$21.347 Billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: 6.109 billion US dollars
NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
3. Top NFTs in 24 hours
Top 10 NFTs with the highest sales in 24 hours Data source: NFTGO
Institution: The prospect of a Fed rate cut may boost the bond market
Golden Finance reported that analysts at Swiss Rothschild Asset Management said in a report that expectations of further Fed rate cuts may boost the bond market. LSEG data shows that the market expects the Fed to very likely cut interest rates twice more before the end of 2025.
1. Analysis: Solana Chain Meme Coin Trading Volume Declines Sharply as Traders Shift to Stable Assets
Golden Finance reports that the once-booming meme coin market on the Solana chain is showing signs of fatigue. Data from multiple analysis platforms indicates that meme coin trading, which previously accounted for over 60% of Solana's decentralized exchange (DEX)* activity earlier this year, has now fallen below 30%. This sharp decline follows a wave of speculative frenzy that propelled new tokens to viral success but also resulted in losses for many retail traders. Analysts now suggest that after months of overextension, the market is undergoing a correction, with liquidity and trading enthusiasm shifting away from speculative tokens. Traders appear to be reallocating funds to more mature markets. Stablecoin trading pairs are gaining share on the Solana DEX, while derivatives for major tokens like SOL and ETH maintain stable liquidity. Kaiko analysts believe this shift reflects broader macro trends, including a rising demand for stability and yield opportunities, as well as ongoing concerns about the high volatility of the meme token sector.
Golden Finance reported that according to DeFiLlama data, the trading volume of DEX on the BSC chain reached 4.258 billion US dollars in the past 24 hours, surpassing Solana (3.861 billion US dollars) to rank first.
2. Mira announced that the name of the token is MIRA
On September 22, the decentralized AI infrastructure Mira announced that the name of the token is MIRA. As previously reported, on August 27, Mira announced the establishment of a foundation. The foundation will serve as the long-term manager of the Mira Network, focusing on decentralized network and protocol governance, and providing tool support for developers, researchers and the community.
3. Pancake Swap extends cross-chain exchange function to Solana
Golden Finance reported that according to official news, Pancake Swap will extend the cross-chain exchange "Crosschain Swaps" function to Solana. With the support of Relay technology, a single transaction on PancakeSwap can complete seamless transactions across 7 major blockchains.
4. Upheaval releases roadmap, including JumpPad and governance
On September 22, HyperEVM’s AMM DEX Upheaval released a roadmap, which includes JumpPad (no permission required to launch tokens), aggregator (Upheaval aggregator becomes Hyperliquid’s default router, aggregating all pools and venues to ensure that every exchange goes through Upheaval by default), Fiat On-Ramp (unlocking capital inflows), Liquidity Hub (providing liquidity support for new tokens), veUP governance (users lock UPHL to obtain veUPHL, reducing liquidity supply and continuously pushing up token prices; veUP holders vote on the direction of reward distribution, and project parties compete for voting rights by bribing holders.)
The US District Court for the District of Massachusetts has ruled that Randall Crater, founder of the fraudulent cryptocurrency venture "My Big Coin," must pay $7.6 million in restitution to the victims of his scheme.
CatherineHong Kong now allows cryptocurrencies like Bitcoin and Ethereum as proof of net worth for its investment visa. However, crypto cannot be used for the required investment after visa approval.
AnaisAlibaba’s stock jumped 8% after announcing its AI partnership with Apple, which will use Alibaba’s vast user data to develop tailored AI tools for China.
KikyoWorld Liberty Financial, backed by the Trump family, launched a strategic token reserve to support cryptocurrencies like Bitcoin and Ethereum, aiming to stabilize the market and strengthen DeFi. This initiative is part of the family's growing influence in the crypto industry, with WLF already accumulating significant assets and making moves to connect crypto with mainstream investors.
WeatherlyPi Network will launch its Open Network on 20 February 2025, ending its Enclosed Mainnet phase. With 10.14 million migrations and 19 million verified Pioneers, this transition unlocks Pi’s ecosystem for real-world use, enabling integration with other compliant systems.
CatherineHoliday scams in the UK are rising, with AI-generated images and social media making it easier for fraudsters to deceive consumers. Many holidaymakers, especially young people, are falling victim to scams due to the allure of cheap deals and influencer promotions.
WeatherlyCertiK audited the code behind a stablecoin used by Huione, a platform linked to human trafficking and illegal activities. The firm has apologised and promised to improve its vetting process after failing to fully investigate the project's risks.
AnaisOpenAI is launching GPT-5 to enhance usability, but CEO Sam Altman warned that users may eventually need to cover compute costs which has sparked criticism. Is Altman that hard up for money?
CatherineEstonian nationals Sergei Potapenko and Ivan Turogin have agreed to surrender all claims to digital assets seized by US authorities as part of their plea agreement. To date, $350 million has already been returned to victims.
KikyoThe US released Russian national Alexander Vinnik in a prisoner swap for American teacher Marc Fogel, who was detained in Russia on drug charges. Vinnik was convicted of laundering billions through his cryptocurrency exchange BTC-e.
Anais