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This week, the market is dominated by small fluctuations after the falls; BTC's market share this week hit a new high since April 21...

Luke is the Head of Product at Cobo Argus and a DeFi enthusiast. From the perspective of miners participating in DeFi mining, this article discusses how to reasonably use Cobo Argus to deal with the Curve crisis. The DeFi world has been in crisis for the past two days due to the latest attack on Curve. Since the attack on July 30, the price of CRV plummeted from 0.74 USDT to below 0.5 USDT. It rebounded slightly today and is currently stable above 0.6 USDT. Although it has been found that the attack was caused by a bug in the old version of the Ethereum programming language Vyper, the crisis facing Curve has not been eliminated. Since the founder of Curve will hold a large amount of CRV for mortgage loans on the chain, once the price falls further...

Author: Axia8 Ventures Source: medium Compilation: Jinse Finance, Shan Ouba On June 21, 2023, MakerDAO purchased another 700 million U.S. dollars in national debt, and its current holdings of U.S. national debt have exceeded 1.2 billion U.S. dollars. For a long time, the market capitalization of RWA was very small. Until October 2022, MakerDAO purchased US$500 million in treasury bonds, which officially opened the prelude to the rapid growth of the RWA market. At present, among MakerDAO's assets, RWA has surpassed stablecoins to become the largest asset category, with a scale of 1.929 billion, accounting for 41.2%. RWA can not only accelerate the growth of TVL, but also increase MakerDAO’s protocol revenue. The latest data shows that RWA contributed more than 52% of MakerDAO's revenue. At the same time, another Defi giant C...

As the attention on BTCFi increases, market competition intensifies. Lombard Finance is rapidly emerging in the BTC (re) staking space, collaborating with multiple protocols to expand its ecosystem. Meanwhile, Pendle and SatLayer have entered the market, driving the rise of BTC wrapped assets. However, trust issues remain a key challenge, and all parties need to strive to gain user acceptance in the competition.

1. Market Overview 1.1 Cryptocurrency Market Fundamentals In 2024, the total market value of the cryptocurrency market rose from $2.31 trillion to $3.33 trillion, an increase of 44.2%. This growth is attributed to several key milestones, including the approval of a spot Bitcoin ETF in the first half of 2024, and the re-election of Trump as President of the United States in the second half of the year, which injected optimism into the industry with his deregulation and crypto-friendly policies. Bitcoin's dominance rose to 56.8%, primarily due to the doubling of the assets under management for Bitcoin ETFs, reflecting increased interest from institutional investors. Although the Ethereum ETF was launched in the second half of 2024, its performance has been relatively flat, and institutional investors' preference for Bitcoin remains evident, as seen in the continuously declining ETH/BTC ratio. Solana has performed remarkably well, with the SOL price increasing by 29.3%. The Solana ecosystem in 202