LianGuaiWeb3.0 Daily Report | Founder of friend.tech Racer receives a total of 278 ETH

LianGuaiWeb3.0 Daily Report Founder of friend.tech Racer Nets 278 ETH in Total

DeFi Data

1. DeFi Token Total Market Cap: $44.077 billion

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DeFi total market cap and top 10 tokens data source: coingecko

2. DEX Trading Volume in the Last 24 Hours: $3.297 billion

DEX trading volume in the last 24 hours data source: coingecko

3. Locked Assets in DeFi: $37.021 billion

Data source: defillama

NFT Data

1. NFT Total Market Cap: $14.012 billion

NFT total market cap and top 10 projects data source: Coinmarketcap

2. NFT Trading Volume in the Last 24 Hours: $786 million

NFT trading volume in the last 24 hours and top 10 projects data source: Coinmarketcap

3. Top NFTs in the Last 24 Hours

Top 10 NFT Sales in the Last 24 Hours – Source: NFTGO

Headlines

Racer, founder of friend.tech, received a total of 278 ETH and cashed out 271 ETH

“LianGuai” reported that Tom Wan, an analyst at 21.co, posted on social media that Racer, the founder of friend.tech, had cashed out 6 times from his friend.tech account. On October 13th, he executed this operation again, extracting 53 ETH to the address starting with 0xb499. The address was bridged to Ethereum through Synapse Labs and deposited into Coinbase. So far, Racer has received 278 ETH in royalties through friend.tech and has cashed out 271 ETH.

NFT/Digital Collectibles

1. Yemel Jardi: Although 95% of NFTs are currently worthless, the NFT industry is far from regressing

“LianGuai” reported that Yemel Jardi, the executive director of the Decentraland Foundation, believes that although 95% of NFTs are currently worthless, the NFT industry is far from regressing. As people’s understanding of NFTs, their use cases, and utility increases, the market will stabilize and the focus will shift from speculative trading to real utility and innovation.

2. Huang Licheng bought 8 art NFTs, Winds of Yawanawa, in the past two hours

On October 16th, on-chain information shows that Huang Licheng’s address bought a total of 8 art NFTs, Winds of Yawanawa, in the past two hours, spending a total of 117.77 ETH. As of the time of publication, the floor price for this NFT is 14.5 ETH, with a 24-hour increase of 70.79%.

3. NFT Gas fees currently account for only 8% of Ethereum fees

“LianGuai” reported that according to data from IntoTheBlock, NFTs have been the main driver of Ethereum fee growth in 2021. Currently, they only account for 8%. Although Gas fees have decreased to the lowest point since September 2020, making NFT transactions/minting cheaper, user interest doesn’t seem to have changed.

DeFi Highlights

1. EOS EVM v0.6.0 is now live on the mainnet

“LianGuai” reported that EOS EVM v0.6.0 is now live on the mainnet. This version update includes cross-chain support for ERC-20 tokens without permission, allowing users to transfer USDT between EOS EVM addresses, EOS addresses, and exchanges, and supports cross-virtual machine communication.

2. Report: Ethereum and Tron hold the largest share of tokenized assets

“LianGuai” reported that Nathann.eth, a user on X (formerly Twitter), stated in a post that according to a report released by 21.co, the current value of tokenized assets on public chains is $118.57 billion. As of October 2023, Ethereum and Tron have the largest share of tokenized assets, mainly based on the number of stablecoins issued on their networks. Ethereum’s tokenized assets reach $69.1 billion, accounting for over 58% of all tokenized assets ($118.57 billion). It has the most vibrant ecosystem with over 6 million daily active users and nearly 6,000 monthly active developers. The chart also shows that Ethereum has optimized for security and decentralization, with over 800,000 validators. Other projects are competing in terms of speed and scalability. Tron ranks second with over $45 billion in tokenized assets, while Solana, ranking third, maintains the record for the fastest settlement time at 0.4 seconds.

3. In the past week, 9 projects including Arkham integrated Chainlink services.

On October 16th, it was announced that 9 projects across 7 chains, including Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, and Polygon, have integrated 5 Chainlink services. These projects are Archly, Arkham, Bullion Labs, Cobo, Hotpot, The Junkyard, StaFi Protocol, Thales, and Xena Finance.

4. y00ts: Cross-chain bridge migration back to Ethereum is now live, and will cover all gas fees on the first day.

On October 16th, y00ts announced the launch of the cross-chain bridge to migrate y00ts back to Ethereum. The team will cover all gas fees on the first day and randomly distribute 10 y00ts to wallets bridged within 24 hours. From October 22nd, a 33.3% royalty will be charged for trading y00ts on Polygon, so users are advised to migrate y00ts within 7 days. y00ts utilizes the Wormhole cross-chain NFT standard, and users can find all official y00ts links using Phantom wallet. y00tpoints can only be used on Ethereum and do not need to be stored on the Ethereum network, as they can be saved directly in wallets. The migration process may take up to an hour, and bridge transactions will be verified on Polygon within seconds, but settlement on the Ethereum mainnet is required first for security/verification before NFT minting can occur.

5. Data: Over 80,000 ETH bridged into the Linea mainnet.

According to LianGuai’s report, Dune data shows that the Linea mainnet has bridged over 80,250 ETH, with a total of 537,213 transactions and 342,376 interacting addresses.

Game News

1. Yuga Labs launches game-specific social media subaccount “Yuga Labs Gaming”

LianGuai reports that Yuga Labs has announced the launch of a game-specific social media subaccount called “Yuga Labs Gaming.” Spencer Tucker, the Chief Gaming Officer of the company, stated that the launch of this dedicated subaccount aims to bring exceptional social interaction to the community, drive the development of outstanding games, competition, ownership, interoperability, and scalability, and explore the disruption of traditional gaming paradigms.

Disclaimer: LianGuai is a blockchain information platform, and the content of the articles published is for informational reference only and should not be considered as actual investment advice. Please adopt a correct investment philosophy and increase risk awareness.

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