DeFi data
1. Total market capitalization of DeFi tokens: $137.944 billion
DeFi total market capitalization data source: coingecko
2. The trading volume on decentralized exchanges in the past 24 hours was $89.03.
Trading volume data for decentralized exchanges in the past 24 hours. Source: coingecko
3. Total assets locked in DeFi: $150.254 billion
Top 10 DeFi projects by locked assets and total value locked (Data source: defillama)
NFT data
1. Total market capitalization of NFTs: US$14.982 billion
NFT total market capitalization and top ten market capitalization data source: Coinmarketcap
2.24-hour NFT transaction volume: $ 3.174 billion
NFT total market capitalization and top ten market capitalization data source: Coinmarketcap
Top NFTs within 3.24 Hours
Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO
Headlines
The U.S. Department of Efficiency has ceased its work with the SEC.
Two sources familiar with the matter said that Trump's Department of Government Efficiency (DOGE) has ended its work at the U.S. Securities and Exchange Commission (SEC) and will withdraw from the agency this week. Originally led by billionaire Elon Musk, the department has spearheaded massive layoffs across the federal government since Trump took office in January. Reuters previously reported that at the SEC, DOGE employees primarily focused on contract cuts and then shifted to pushing for deregulation. Eliezer Mishory, who was reportedly DOGE's sole representative at the SEC in recent months, has reportedly ended his work. An SEC spokesperson said the agency could not comment due to the government shutdown.
MEME Hot Topics
1. The U.S. Treasury Department's plan to issue a commemorative coin for Trump has drawn strong criticism from lawmakers, who question its connection to the Meme cryptocurrency Trump.
The U.S. Treasury Department's plan to issue a $1 commemorative coin for President Trump has drawn strong criticism from lawmakers. The coin, intended to celebrate the 250th anniversary of American independence, features Trump's portrait on the obverse and an image of him raising his fist in front of the American flag on the reverse, along with the words "Fight, Fight, Fight." Democratic Senator Chris VanHollen questioned the design at his Senate Banking Committee nomination hearing on Thursday, arguing that printing the president's portrait on official coins is illegal, and even more outrageous is the connection to the Trump meme coins from which Trump has profited. "Fight, Fight, Fight" is the name of the company behind the Trump meme coins, which were launched days before Trump's second inauguration this year. When asked about the matter, Treasury Mint Director nominee Paul Hollis stated that he is "100% committed to always complying with the law."
DeFi Hot Topics
1. The Lido team and the SSV team have jointly decided to terminate the development of the SSV Lido Module (SSVLM).
According to the official announcement, after a comprehensive evaluation with Clusterform, the Lido and SSV teams have jointly decided to terminate active development of the SSV Lido Module (SSVLM). The collaboration between Lido and SSV continues to deepen: on the one hand, the number of users adopting SSV validators is growing rapidly; on the other hand, new integration paths are gradually forming through CSMv2 (the second-generation consensus layer module).
2. Aster adjusts its token economic model; 50% of the repurchased tokens will be burned.
On October 31, Aster DEX announced an optimization of its token economic model. 50% of all buyback funds (including those from S2 and S3 phases) will be burned to reduce the supply of $ASTER tokens and enhance their long-term value. The remaining 50% will be returned to locked airdrop addresses, reducing the circulating supply and providing more allocation for future airdrops, primarily rewarding real users and long-term holders.
3. ElizaOS updates token economics: Total supply increased to 11 billion tokens, 2.5% to be allocated to the ecosystem.
On October 31st, elizaOS (formerly ai16z) announced an update to its ELIZAOS token economics. The total supply of ELIZAOS tokens will increase from 6.6 billion to 11 billion. Of this, 60% will be allocated to existing holders for token swaps, 5.5% to liquidity and listing, 4.5% to the foundation, 2.5% to the ecosystem, 2.5% to protocol liquidity, 15% to a future simpler protocol, and 10% to the team and contributors. The circulating supply will increase from 6.6 billion to 7.4 billion, with the additional supply allocated as follows: 607 million tokens (liquidity and listing) and 275 million tokens (protocol-owned liquidity).
4. Semantic Layer completes $2 million Series A funding round
MEV infrastructure Semantic Layer announced the completion of a $2 million Series A funding round, led by Greenfield Capital, bringing its total funding to $5 million. The funding aims to promote on-chain AI autonomy and delegation, dApps, and the ordering sovereignty of assets.
5. Ethereum developers have officially set the target date for the Fusaka upgrade as December 3rd.
Two days after the final testnet deployment of Fusaka, Ethereum Foundation researchers have officially finalized the date for the mainnet hard fork. During a full core developer call on Thursday, Ethereum Foundation researchers stated that Fusaka will officially launch on December 3rd. The backward-compatible Fusaka hard fork will implement approximately a dozen Ethereum improvement proposals aimed at enhancing the sustainability, security, and scalability of the base chain and its surrounding Layer 2 ecosystem. Notably, Fusaka will introduce PeerDAS technology, providing validators with a more efficient way to access data. PeerDAS was originally planned for Ethereum's previous major upgrade, Pectra, in February of this year, but was delayed due to testing requirements. Furthermore, Fusaka will increase Ethereum's block gas limit from 30 million units to 150 million units and is expected to quickly double blob capacity.
Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and should not be considered actual investment advice. Please establish sound investment principles and be sure to enhance your risk awareness.
