DeFi Data
1. Total DeFi token market capitalization: $142.083 billion
DeFi total market value data source: coingecko
2. The trading volume of decentralized exchanges in the past 24 hours is $134.91
Data source for decentralized exchange trading volume in the past 24 hours: coingecko
3. Assets locked in DeFi: $153.482 billion
The top ten rankings of DeFi projects with locked assets and locked-in amounts. Source: defillama
NFT Data
1. Total NFT market capitalization: $17.089 billion
Data source for NFT total market capitalization and top ten projects by market capitalization: Coinmarketcap
2. 24-hour NFT trading volume: $ 4.067 billion
Data source for NFT total market capitalization and top ten projects by market capitalization: Coinmarketcap
3. Top NFTs in 24 Hours
Top 10 NFTs with the highest sales growth in 24 hours. Source: NFTGO
Headlines
Fed's Paulson supports two more 25 basis point rate cuts in 2025
Federal Reserve Chair Anna Paulson expressed support for two more interest rate cuts this year, each by 25 basis points. She stated that monetary policy should ignore the impact of tariffs on consumer prices, as she believes the conditions for tariff-induced price increases to become sustained inflation are not in place. While Paulson expects the economy to continue growing above trend in the third quarter, she noted that the foundations supporting growth are narrow, and some business contacts expressed doubts about where future demand will come from.
Stablecoin Hotspot
1. Tether mints 1 billion USDT
According to Whale Alert monitoring, at around 04:40 Beijing time today, Tether Treasury minted an additional 1,000,000,000 USDT.
2. The total market value of stablecoins exceeded US$310 billion, setting a new record high
According to Coingecko data, the total market capitalization of stablecoins has surpassed $310 billion, reaching a new all-time high of $310.7 billion. This represents a 24-hour increase of 0.3%, and an increase of approximately $10 billion over the past three weeks. USDT currently holds the largest market capitalization at approximately $180 billion, while USDC ranks second at $76 billion. Notably, the total market capitalization of stablecoins rose from approximately $230 billion at the beginning of the year to over $80 billion this year.
DeFi Hotspot
1. S&P Global uses Chainlink to bring stablecoin risk ratings to the blockchain
S&P Global Ratings has partnered with Chainlink, a blockchain-based oracle network, to bring its stablecoin risk ratings to blockchain for use in decentralized finance. S&P Global Ratings' stablecoin stability assessments evaluate assets based on their ability to maintain a stable value relative to fiat currencies.
2. Ethereum testnet Sepolia has been successfully upgraded to Fusaka version
Anthony Sassano (@sassal0x), founder of The Daily Gwei, announced that the Ethereum testnet Sepolia has successfully upgraded to the Fusaka release. Next up will be the Hoodi testnet, the final testnet to be upgraded. If the Hoodi testnet upgrade goes smoothly, the Fusaka release is expected to be deployed to the Ethereum mainnet in early December.
3. Solana DApps’ total revenue exceeded $18 million in the past 7 days
SolanaFloor stated that over the past seven days, DApps on Solana have generated a total of more than $18 million in revenue, of which Pump.fun generated more than $8.63 million.
4. Ethereum Layer 1 transaction volume and active addresses both hit record highs
According to Cointelegraph, the transaction volume and number of active addresses of Ethereum Layer 1 (the underlying mainnet) have both hit record highs. At the same time, the gas fee has dropped to near the historical low.
5. Plasma chain DEX Lithos will hold TGE tomorrow
Lithos, the Plasma-based ve(3,3) DEX, announced that it will hold its TGELithos launch at 8:00 PM Beijing Time on October 15th. Lithos is a native liquidity marketplace and DEX on the Plasma chain, designed for stablecoin payments and the DeFi ecosystem. Its TGELithos launch, originally scheduled for the end of September 2025, has been postponed to the current date.
Disclaimer: As a blockchain information platform, Jinse Finance publishes articles for informational purposes only and does not constitute actual investment advice. We encourage you to cultivate sound investment practices and maintain a heightened awareness of risks.
