BTC $64,717.08 +0.47%
ETH $1,921.16 +0.46%
BNB $588.34 +3.25%
XRP $1.08 -0.05%
SOL $74.14 +0.39%
TRX $0.3282 +0.42%
DOGE $0.0700 -0.62%
ADA $0.1639 +0.21%
BCH $210.83 -0.52%
LINK $8.44 +0.62%
HYPE $53.15 -3.12%
AAVE $98.21 +0.57%
SUI $0.6929 +0.66%
XLM $0.1726 -0.76%
ZEC $476.40 +3.54%
BTC $64,717.08 +0.47%
ETH $1,921.16 +0.46%
BNB $588.34 +3.25%
XRP $1.08 -0.05%
SOL $74.14 +0.39%
TRX $0.3282 +0.42%
DOGE $0.0700 -0.62%
ADA $0.1639 +0.21%
BCH $210.83 -0.52%
LINK $8.44 +0.62%
HYPE $53.15 -3.12%
AAVE $98.21 +0.57%
SUI $0.6929 +0.66%
XLM $0.1726 -0.76%
ZEC $476.40 +3.54%

nft

Non-fungible tokens (NFTs) are digital assets based on blockchain technology that represent unique ownership and scarcity. Unlike fungible tokens (such as Bitcoin), NFTs are non-interchangeable, with each token having a unique identifier and metadata, commonly used in fields such as digital art, music, virtual real estate, and gaming items. The rise of NFTs has provided creators with new revenue streams while also sparking discussions about copyright, ownership, and market bubbles. Ethereum is the main platform for NFT transactions, supporting standards such as ERC-721 and ERC-1155.
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first_img Fake World Assets generated daily revenue exceeding Aave and Uniswap within four days of launch, briefly ranking second on Ethereum

According to DefiLlama data, the Ethereum chain random NFT acquisition protocol Fake World Assets, developed by the two-person team Token Works, surpassed the daily revenue of Collector Crypt on Solana within four days of its relaunch on July 20.On July 25, the peak daily revenue reached $447,604, with total fees of $1.6 million, and approximately 90,000 transactions including about 35,000 draws, with a trading volume of around 2,000 ETH. After that, activity declined, with revenue in the past 24 hours dropping to $167,869, ranking second in daily revenue among Ethereum protocols, only behind Sky ($464,303), and ahead of Aave ($105,282) and Uniswap ($76,028).In this protocol, depositors list NFTs along with their pledged ETH collateral (similar to Uniswap V2 trading pairs), where the collateral determines the weight of each NFT and provides depositors with irrevocable continuous bids to reacquire the NFT. Anyone can pay the acquisition price generated by the liquidity pool to obtain a randomly selected NFT.The pool has accumulated over 1,500 NFTs including CryptoPunks, with randomness provided by Chainlink VRF. The token emission incentives expire 15 days after launch, and daily fees have decreased by about half from their peak. Collector Crypt on Solana remains the leader in this sector, with users spending over $209 million on its card packs in June alone.

The cryptocurrency market is generally down, with the NFT sector dropping nearly 4%, while only the SocialFi sector remains relatively strong

According to SoSoValue data, the overall trend of the cryptocurrency market is declining, with the NFT sector down 3.79% in the last 24 hours. Within the sector, Pudgy Penguins (PENGU) decreased by 2.96%, and Audiera (BEAT) fell by 6.29%. Meanwhile, Bitcoin (BTC) dropped by 1.06%, falling below $64,000; Ethereum (ETH) decreased by 1.34%, fluctuating around $1,700.Only the SocialFi sector remained relatively strong, being the only sector to rise today, up 1.23% in the last 24 hours, with Gram (GRAM), renamed from Toncoin (TON), increasing by 2.13%.In other sectors, the DeFi sector fell by 0.47% in the last 24 hours, but DeXe (DEXE) surged by 59.33%; the CeFi sector declined by 0.94%, where OKB (OKB) rose by 2.98% due to various factors including the establishment of a joint venture with Intercontinental Exchange (ICE), briefly surpassing $83 during trading; the Layer1 sector decreased by 1.51%, with TRON (TRX) rising by 1.77% during trading; the Layer2 sector fell by 1.51%, while Celestia (TIA) increased by 5.40% against the trend; the Meme sector dropped by 1.55%, but BUILDon (B) rose by 6.27%; the PayFi sector decreased by 2.04%, while Telcoin (TEL) increased by 8.06%.The cryptocurrency sector index reflecting the historical market performance shows that the ssiAI, ssiDePIN, and ssiRWA indices fell by 7.86%, 5.26%, and 2.97%, respectively.

The cryptocurrency market shows mixed fluctuations, with the DeFi sector rising by 7.29%, while the NFT sector has fallen for three consecutive days

According to SoSoValue data, the cryptocurrency market sector shows mixed performance, with the DeFi sector performing exceptionally well, rising 7.29% in 24 hours. Among them, LAB (LAB) increased by 37.97%, Block Street (BSB) and Uniswap (UNI) rose by 31.18% and 10.72% respectively, and Hyperliquid (HYPE) increased by 10.38%, briefly breaking through $76 during the day, setting a new historical high.Other standout sectors include: the AI sector rose 4.42% in 24 hours, with Worldcoin (WLD) increasing by 19.58%; the RWA sector rose 2.16%, with Centrifuge (CFG) increasing by 11.21%; the Meme sector rose 1.26%, with SPX6900 (SPX) increasing by 16.72%.In other sectors, the Layer2 sector fell by 0.13%, but Celestia (TIA) rose by 9.74%; the Layer1 sector fell by 0.18%, with Cosmos Hub (ATOM) remaining relatively strong, rising by 3.43%; the PayFi sector fell by 0.64%, while Stellar (XLM) rose against the trend by 4.88%; the CeFi sector fell by 1.43%, with Aster (ASTER) increasing by 2.80% during the day; the NFT sector has fallen for three consecutive days, with a 24-hour decline of 20.83%, within which Audiera (BEAT) fell by 44.03%.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi and ssiMeme indices rose by 6.35% and 1.24% respectively, while the ssiSocialFi index fell by 3.76%.
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