1. Total market value of DeFi tokens: $114.013 billion
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $53.9
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $126.536 billion$126.536 billion
Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama
1. Total Market Value of NFTs: $116.563 billion
2.24 hours NFT transaction volume 1.793 billion USD
Top NFTs in 24 Hours
Top 10 NFTs by Sales Growth in 24 Hours Data Source: NFTGO
Morgan Stanley Applies for Ethereum ETF
DeFi Hot Topics
1. Insider: Telegram's TON Sale Primarily Bought by TONX for Long-Term Holding and Staking
January 7th news: Manuel Stotz, Chairman of the Board of Directors of Nasdaq-listed TON treasury company TONX, stated that all TON sold by Telegram has a four-year vesting period. Furthermore, the primary buyer of the tokens sold by Telegram is TONX, a company he leads, for long-term holding and staking. The Financial Times previously reported that Telegram's revenue reached $870 million in the first half of the year, a 65% year-on-year increase, partly attributed to the TON ecosystem; the company has sold over $450 million worth of TON, but Stotz emphasized that Telegram's net TON holdings have not decreased significantly and may even have increased.
2. US SEC Approves Bitwise Spot Chainlink ETF
According to Jinse Finance, CoinBureau disclosed that the US Securities and Exchange Commission (SEC) has approved Bitwise's spot Chainlink ETF for listing on the New York Stock Exchange (NYSE), marking Chainlink's first direct entry into the US stock market. The ETF is expected to launch this week, with a 0% management fee for the first three months.
3. Dragonfly Partner: Uniswap's Valuation is 240 Times Annualized Fees After Activating Fee Switch, Potentially Losing $100 Million This Year
According to Jinse Finance, Dragonfly partner Omar Kanji stated that after activating the fee switch, Uniswap's current valuation is approximately 240 times its annualized fees ($5.4 billion FDV / $23 million annualized fees). Further considering the appropriation expenditure of 20 million UNI this year (approximately $123 million at the current price of $6.16), the protocol is expected to record a loss of approximately $100 million this year.
Dragonfly Partner: Uniswap's Valuation is 240 Times Annualized Fees After Activating Fee Switch, Potentially Losing $100 Million This Year
Quidax has made history as the first Nigerian crypto exchange to receive a provisional operating license from the Nigerian SEC, marking a major step toward formal regulatory oversight for the country's digital asset industry. Despite this progress, challenges remain with stringent regulatory requirements and ongoing tensions between the government and the crypto sector.
AnaisQuidax secures Nigeria’s first provisional license for crypto exchange operations, signalling a significant step forward amidst increasing regulatory challenges in the Nigerian crypto market.
Sanya