【DeFi liquidity soars due to tokenized stocks, but user activity shifts to NFTs】 According to Golden Finance, data from DappRadar shows that the total locked value (TVL) in DeFi protocols increased by 30% month-on-month, while the number of active wallets for tokenized stocks surged from about 1,600 to over 90,000, driving its market capitalization up by 220%. Meanwhile, the trading volume of NFTs in the same month increased by 96%, reaching $530 million. As more users participate in the market, the average price of NFTs has also doubled, reaching about $105. Despite the rise in DeFi liquidity, users' attention has shifted to other areas. In July, among 22 million daily active wallets, about 3.85 million interacted with NFT decentralized applications (DApps) — slightly more than the number of wallets active in the DeFi space. The Ethereum-based trading platform Blur is the main driver of activity, accounting for 80% of daily NFT trading volume, while OpenSea leads in active users with about 27,000 traders. Zora has also gained momentum with its creator-first second-layer network and the $ZORA token for low-cost minting.