DeFi data
1. Total market value of DeFi tokens: $116.046 billion


DeFi total market value data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was 7.937 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$24.64 billion


NFT total market value, market value ranking of the top ten projects Data source: Coinmarketcap
2.24-hour NFT transaction volume: 2.394 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
SBF changed his political stance to support Trump in his first prison interview, suspected of seeking a pardon
Sam Bankman-Fried (SBF), former CEO and co-founder of cryptocurrency exchange FTX, took a pro-Trump stance in his first interview since going to prison, in which SBF claimed that he was also a victim of "politicization of the Department of Justice" and that he supported more Republican causes than people knew.
According to an interview with SBF by The New York Sun reporter, SBF gave $40 million to the US Democratic Party and $5.2 million to the Biden camp in 2020. He is currently serving a 25-year sentence at the Metropolitan Detention Center (MDC) in Brooklyn, New York, on multiple charges including fraud. American civil groups previously reported that SBF had little chance of being pardoned, although he seemed to be seeking a pardon from the current US President.
MEME Hotspots
1.Vitalik: The collapse of LIBRA highlights the importance of education in the crypto field
On February 21, Ethereum co-founder Vitalik believed that the collapse of SolanaMeme coin LIBRA was a lesson worth learning, and he saw it as an example of why education is so important. In a tweet, Vitalik said that recent news should not be seen as a reason to give up, emphasizing the importance of education in the crypto field.
He praised Argentina's outstanding community of builders, who have contributed some of the most important software to the Ethereum ecosystem," and added that I continue to be very optimistic about Argentina and Latin America's contribution and role in this field. In a follow-up tweet, Vitalik suggested that Argentina could host a week-long Ethereum Devconnect party, calling it a great opportunity to showcase the best that cryptocurrency has to offer.
2. Insiders: Kanye West plans to issue YZY tokens
Golden Finance reported that well-known rapper Kanye West plans to launch the crypto token YZY. According to three people familiar with the project, in the token distribution plan, Kanye will personally receive 70% of the shares, liquidity supply will account for 10%, and investors will account for 20%. The project information was disclosed by Yeezy Chief Financial Officer Hussein Lalani via email.
YZY tokens will serve as the official currency of the Yeezy brand and can be used for payment on its website. This move is seen as a way to circumvent platforms such as Shopify that have cut off cooperation due to his controversial remarks. The project was originally scheduled to be sold on the Yeezy website at 6 pm on February 21, but has been postponed to February 22. People familiar with the matter said the reason for the postponement was related to the token incident involving Argentine President Milei.
Earlier this month, Kanye said that "tokens will not be issued" and that "tokens use hype to plunder fans." But sources revealed that Kanye plans to follow Trump's TRUMP token model, originally asking for an 80% share, and finally negotiated 70%. His personal tokens will be unlocked in phases for up to 12 months.
3. Viewpoint: Meme coins and celebrity coins actually constitute a channel for extracting retail value
On February 21, Chainlink's well-known community contributor Zach Rynes wrote that the view that Meme coins and celebrity coins are the entry point for ordinary users to enter the cryptocurrency field has been proven to be wrong. He said that these tokens actually constitute a value extraction channel for retail investors, and financial nihilism has become a negative factor in cryptocurrency culture.
DeFi Hotspots
1. Andre Cronje announces Sonic's vision, including fee subsidies, dynamic fees, etc.
On February 21, Sonic Labs co-founder Andre Cronje posted on the X platform that Sonic's vision this year is quite simple:
· Fee monetization (90% of the fees will go to applications, not validators and MEVs)
· Fee subsidies (eliminating the fee barrier for users to enter the market)
· Dynamic fees (applications can set fees for users)
· Native economy and account abstraction (no wallet or fees required)
The above content mainly involves two points:
· Make it as easy as possible for users to try out applications launched on Sonic (remove all barriers to entry and use)
· Help our application developers earn a lot of money
2. Gas on Ethereum chain dropped to 0.692Gwei
On February 21, according to Etherscan data, Gas on Ethereum chain dropped to 0.692Gwei, and the average token exchange fee is now $0.7.
3. BNB Chain announced that it will carry out Pascal hard fork
Golden Finance reported that according to the official blog of BNB Chain, BNB Smart Chain will carry out Pascal hard fork upgrade, which is planned to be implemented on the test network on February 25, 2025, and the main network upgrade is scheduled for mid-March 2025.
This upgrade will enhance compatibility with Ethereum, mainly including two core functions: native smart contract wallet support and security encryption upgrade. By integrating EIP-7702, it will realize functions such as multi-signature support, spending restrictions and batch transactions; at the same time, BEP-439 (EIP-2537) will be introduced to support BLS12-381 curve encryption operations.
4.ZK Nation: Voting on ZIP-6 to upgrade the governance contract is scheduled to end this week, and the voting quorum has been reached
Golden Finance reported that ZK Nation announced on the X platform that the voting period for ZIP-6 is scheduled to end at 18:15 UTC on February 27, as the voting quorum has been reached. It is reported that the proposal will upgrade the governance contract and redeploy all governance contracts, including the contract related to the ZKSYNC protocol upgrade mechanism, namely the protocol UpgradeHandler, which is responsible for executing the Ethereum protocol upgrade approved by the Token Assembly.
5. Founder of Kaito AI: KAITO staking rewards are now online
On February 21, Yu Hu, founder of Kaito AI, an AI-based encrypted search engine, posted on social media, "KAITO staking rewards are now online. Currently, about 10% of tokens have been staked, with an annualized yield of 70%. It is expected that this yield will gradually return to normal in the next few days. Investors/foundations/teams' locked tokens cannot be staked. The current source of rewards is liquidity incentives, but starting next week, as network fees increase, this will turn into net consumption. More uses for staking will be announced later."
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish the correct investment concept and be sure to improve risk awareness.

