Golden Web3.0 Daily Report | The U.S. Government's Department of Efficiency has been dissolved.

DeFi data

1. Total market value of DeFi tokens: $105.788 billion

2. Trading volume of decentralized exchanges in the past 24 hours: $60.55

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

3. Assets locked in DeFi: $114.48 billion$114.48 billion

Top 10 DeFi Projects by Locked Assets and Total Value Locked (Data Source: defillama)

NFT Data

1. Total Market Cap of NFTs: $11.486 Billion

NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap

2.24-hour NFT Transaction Volume: $2.197 billionUSD

Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO

Headlines

The U.S. Department of Government Efficiency has been disbanded

The Department of Government Efficiency (DOGE), which U.S. President Trump established with great fanfare in January this year to reduce the size of the government, has been disbanded despite having eight months remaining in its term.

When asked about the current state of the Government Efficiency Department, U.S. Office of Personnel Management Director Cooper said, "It simply doesn't exist." Cooper added that the Government Efficiency Department is no longer a "centralized agency." This is the first time the Trump administration has confirmed the dissolution of the Government Efficiency Department. This agency, led by Musk, was established in January of this year and undertook sweeping reforms in Washington, rapidly downsizing federal agencies, cutting their budgets, or shifting their focus to Trump's priorities. According to an executive order signed by Trump after taking office, the Government Efficiency Department was supposed to operate until July 2026.

MEME Hot Topics

1. Monad Co-founder Clarifies No Issuance of Meme Coins or NFTs Related to His Pet Anago

According to Jinse Finance, regarding the Meme coin Anago appearing on the market, Eunice Giarta, co-founder of Monad Labs, stated on the X platform: "To avoid suspicion, @AnagoBarks is the official account of the real Anago. There will be no Meme coins or NFTs. Please do your own research and be careful." Anago, which Giarta refers to, is his pet, a French Bulldog.

DeFi Hot Topics

1. Ethereum Ecosystem Network Daily TPS Hits All-Time High

According to Jinse Finance, data from growthepie shows that the Ethereum ecosystem network's daily TPS (transactions per second) has hit an all-time high, with a 7-day average daily TPS of 364.52 and a peak TPS of 24,192. L2 market share reached a staggering 95.35%. It's worth noting that Perp DEX Lighter made a significant contribution to this achievement.

1. Ethereum Ecosystem Network Daily TPS Hits All-Time High

According to Jinse Finance, data from growthepie shows that the Ethereum ecosystem network's daily TPS (transactions per second) has hit an all-time high, with a 7-day average daily TPS of 364.52 and a peak TPS of 24,192. L2 market share reached a high of 95.35%.

It is worth noting that Perp DEX Lighter contributed significantly to this achievement.

1. Ethereum Ecosystem Network Daily TPS Hits All-Time High

2. Solana Yield Trading Protocol RateX Raises $7 Million in Funding

According to Jinse Finance, citing Techinasia, RateX, a yield trading protocol on the Solana blockchain, has completed three rounds of funding totaling $10.4 million over the past two years. The latest round raised $7 million, with investors including Animoca Ventures, ECHO, GSR, Crypto.com Capital, Gate, Rzong Capital, BGX Capital, and Summer Capital. RateX operates a protocol that allows users to trade and manage yields on Solana through tokenized financial products. The company recently launched an upgraded version called Mooncake, which supports leveraged token trading without liquidation.

3. Total ETH holdings of Ethereum treasury entities have surpassed those of the Ethereum ETF

According to Jinse Finance, data from Strategyicethreserve shows that the total ETH holdings of Ethereum treasury entities have surpassed those of the Ethereum ETF. Currently, the total ETH holdings of 68 Ethereum treasury entities are approximately 6.29 million ETH, worth approximately $17.77 billion; while the total holdings of the Ethereum ETF are approximately 6.23 million ETH, worth approximately $17.57 billion.

3. Total ETH holdings of Ethereum treasury entities have surpassed those of the Ethereum ETF.

Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish sound investment principles and be sure to enhance your risk awareness.