DeFi data
1. Total market value of DeFi tokens: $98.908 billion


DeFi total market value data source: coingecko
2. The trading volume of decentralized exchanges in the past 24 hours was 6.953 billion US dollars


Trading volume of decentralized exchanges in the past 24 hours Data source: coingecko
3. Assets locked in DeFi: 98.908 billion US dollars

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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$20.165 billion


NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
2. 24-hour NFT trading volume: 1.787 billionUS dollars



NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
3. Top NFTs in 24 hours

Top ten NFTs with the highest sales growth in 24 hours Data source: NFTGO
Headline
Ethereum's second "Pectra" test has vulnerabilities, mainnet launch may face delays
Ethereum developers tested the Pectra upgrade on the Sepolia test network. The test seemed successful at the beginning, but a few hours later, the Sepolia network began to have errors, resulting in empty blocks being added to the chain. The Ethereum Foundation attributed the problem to "Sepolia's permission deposit contract configuration error," which prevented many execution layer clients from including transactions in blocks. The foundation said that developers "identified the root cause" and deployed a fix within minutes, restoring the normal function of the network. This is the second time that the Pectra upgrade has encountered problems in testing. Previous tests on the Holesky test network also failed due to a validator configuration error.
"The problems on the Holesky and Sepolia test networks do warrant delaying the activation of the Pectra mainnet," said Christine Kim, vice president of research at Galaxy Digital. She noted that while developers may be ready, the broader Ethereum ecosystem, including major smart contract applications and wallet providers, still needs time to adapt. Kim suggested that Ethereum developers should "take the time to build additional testing infrastructure" before releasing the upgrade. Ethereum core developers plan to hold a meeting on March 7 to determine the official release date of Pectra.
MEME hot spots
1.Trump family's WLFI project purchased $25 million in WBTC, ETH and MOVE tokens
Golden Finance reported that according to Arkham monitoring data, the wallet of World Liberty Fi (WLFI), a project under the Trump family, has just transferred 25 million USDC to an independent contract, which then purchased $10 million worth of ETH, $10 million worth of WBTC and $1.5 million worth of MOVE tokens. After the purchase was completed, the assets were transferred back to the main wallet of WLFI. This move is seen as a signal that the Trump project is further involved in the cryptocurrency market, although its specific strategic intentions are still unclear.
DeFi hot spots
1. CZ published an article to discuss whether AI projects should choose L1 or L2
Golden Finance reported that Binance founder Changpeng Zhao (CZ) posted on social media that he recently discussed with a founder whether AI projects should choose L1 or L2 blockchain. "For a new AI project, does it matter if it's L1 or L2? The core of the project is not to develop a better blockchain, but to use blockchain to help the AI economy.
Owning your own L1 feels like having more sovereignty, more decentralization, etc. But it also means more work. Nodes, validators, etc. You're also a bit like you're on your own island.
L2 saves you all this work. And it doesn't seem to leak too much value to the L1 you're on (like ETH). You can use DEX, perpetual contracts, and other existing tools.
Is L1 cooler than L2 or vice versa? This is an old topic, but I wonder if the sentiment has changed."
2.Safe: Wallet services have been restored and launched on networks such as Avalanche and Blast
3. A small town in India uses the Avalanche blockchain to store more than 700,000 land records
Golden Finance reported that according to Cointelegraph, the Dantewada district government of Chhattisgarh, India, has put more than 700,000 land records on the Avalanche chain to ensure transparency, prevent tampering, and simplify the land query process. The project was implemented by Indian blockchain startup LegitDoc in cooperation with the Dantewada District Land Records Office. Archived government records such as land rights, ownership registration, and cadastral maps can now be accessed and verified through blockchain.
The government has set up self-service inquiry terminals in each district, so that residents and officials can quickly obtain land information and verify smart contracts through Avalanche Explorer to improve data security and reduce legal disputes.
4.Solana Foundation and Solana Chinese Community Solar will hold a DePIN Day event in Shenzhen on March 8
On March 6, the Solana Foundation and Solana Chinese Community Solar will hold a DePIN Day event in Shenzhen, the hardware capital, on March 8. Solana's new DePIN projects Cuddis, Starpower, Geodnet, Roam, Aethir, Gradient and DeGlass have confirmed their attendance and will conduct on-site demonstrations and sharing.
5.Santiment: Ethereum market sentiment has fallen to its lowest level this year
Golden Finance reported that Santiment posted on the X platform that "Due to Ethereum's poor performance relative to other top currencies, market sentiment has fallen to its lowest level this year. For those who patiently hold Ethereum, the bearish sentiment on social media is a good signal that once the cryptocurrency market stabilizes, there may be a turnaround."
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 concept and be sure to increase risk awareness.

