Golden Web3.0 Daily | BNB market value has exceeded Meituan by about US$18 billion

DeFi data

1. Total market value of DeFi tokens: 108.34 billion US dollars

DeFi total market value data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was 5.163 billion US dollars

Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko

3. Assets locked in DeFi: 108.771 billion US dollars

Top ten rankings of DeFi projects with locked assets and locked-in volume Data source: defillama

NFT data

1. Total market value of NFT: US$48.169 billion

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

2. 24-hour NFT trading volume: 3.692 billionUS dollars

NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap

3. Top NFTs in 24 hours

The top ten NFTs with the highest sales growth in 24 hours Data source: NFTGO

Headlines

BNB market value has exceeded Meituan by about US$18 billion

Golden Finance reported that according to the latest data from 8Marketcap, the current Binance Binance Coin (BNB) reached $104.42 billion, rising to 163rd in the global asset ranking; while Meituan's current market value is $86.45 billion, ranking 206th in the global asset ranking. The current market value of BNB is about $17.97 billion higher than Meituan. Earlier on May 22, during the Pizza Festival, Binance co-founder He Yi posted on the X platform that the market value of BNB was about $5 billion lower than that of Meituan, and joked that "both are delivering food."

NFT Hotspots

1. Sotheby's will auction the "Golden Orangutan" NFT of the BAYC series

Golden Finance reported that Sotheby's is about to auction a golden orangutan NFT created by Yuga Labs, with other rare digital artworks. This auction will test the endurance of orangutan-themed assets in the art world. The auction items include an NFT from Bored Ape Yacht Club (BAYC), as well as other rare digital artworks.

DeFi Hotspots

1.ENS Releases V2: Plans to Expand to Layer 2 Network and Redesign Architecture

On June 5, ENS officially published an article introducing ENS V2. It is reported that ENS Labs is planning to expand its services to the Layer 2 network, and will refer to this work as "ENS V2" in the future. This work is not only about migrating the core part of the ENS protocol, but will also use the knowledge gained in the past 7 years at the forefront of Web3 domain names to reimagine the architecture from scratch.

2. Nibiru Chain announces Nibiru EVM

On June 5, Nibiru Chain announced the launch of Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment capable of achieving a throughput of more than 10,000 TPS. They plan to upgrade the network by 2024 to achieve parallel optimistic execution to further improve transaction processing capabilities.

3. Modular infrastructure Self Chain mainnet is scheduled to be released tomorrow

Golden Finance reported that modular infrastructure Self Chain said it was only 1 day away from the launch of its mainnet. Previously, Self Chain said its mainnet plan was launched in three strategic phases.

4. Analysis: BNB's rise benefits from token destruction and lock-up plans, and the BNB chain is seriously undervalued

Golden Finance reported that as the BNB token reached a record price of more than $710, projects across the BNB chain ecosystem have seen significant growth in activity, token prices, and trading volumes. Although there is no direct catalyst for BNB's price increase, some market observers say that some existing activities have boosted the fundamentals of the token. Nick Ruck, head of growth at Bitcoin yield project BitU, said that BNB's price has benefited from token destruction and token lock-up plans that have been carried out over the years. Due to low gas fees, the BNB protocol has also stepped up publicity and activities and cultivated a large and vibrant user base. A Floki developer said: "The BNB chain is probably the most underrated chain of all cryptocurrencies, partly because some parties have pushed some anti-Binance/BNB rhetoric. However, from a fundamental point of view, the BNB chain is one of the best chains: it is fast, scalable, and arguably the most used chain by most of the non-Western world. In addition, KaikoData data shows that since May 30, BNB contract holdings have soared from US$614 million to more than US$1.1 billion.

5. BitMEX increases the maximum leverage of its Ethereum perpetual contract product to 200 times

June 5 news, crypto derivatives exchange BitMEX announced on Wednesday that it will increase the maximum leverage of its Ethereum perpetual contract product to 200 times. BitMEX CEO Stephan Lutz said that the shift in Wall Street sentiment (referring to the approval of the Ethereum spot ETF) could greatly amplify the volatility of the Ethereum market.

Game Hotspots

1. DWF Labs Partner: Looking for games/social mini-apps built on TON on Telegram

On June 5, DWF Labs partner Andrei Grachev tweeted that he was looking for games/social mini-apps built on TON blockchain on Telegram. They are willing to support excellent teams in investment, marketing, connections, and legal aspects to help them succeed.

2. Oasys has launched the game "The Walking Dead: All Out"

On June 5, Oasys announced that it has launched the game "The Walking Dead: All Out". It is reported that the game is officially authorized by The Walking Dead comics and is the first idle strategic role-playing game of The Walking Dead.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.