DeFi Data

1. Total market value of DeFi tokens: $165.927 billion

Total market value of DeFi Data Source: coingecko

2. Trading volume on decentralized exchanges in the past 24 hours: $99.8

Trading volume on decentralized exchanges in the past 24 hours Data Source: coingecko

3. Assets locked in DeFi: $152.44 billion

Top ten rankings of locked assets in DeFi projects and locked amounts Data Source: defillama

NFT Data

1. Total market value of NFTs: $21.845 billion

Total market value of NFTs, top ten projects by market value Data Source: Coinmarketcap

24-hour NFT trading volume: $3.265 billion

Total market value of NFTs, top ten projects by market value Data Source: Coinmarketcap

3. Top NFTs in the past 24 hours

Top ten NFTs by sales increase in the past 24 hours Data Source: NFTGO

Headline

U.S. President Trump: Dismisses Federal Reserve Board member Cook

Jinse Finance reports that U.S. President Trump signed a document dismissing Federal Reserve Board member Cook from his position, effective immediately. Trump stated in the document: 'In accordance with Article II of the U.S. Constitution and the powers granted to me by the revised 1913 Federal Reserve Act, I hereby remove Cook from his position on the Board of Governors of the Federal Reserve System. In light of Cook's dishonesty in financial matters and potential criminal conduct, I cannot have confidence in your integrity. At the very least, these actions expose serious negligence on your part in financial transactions, raising doubts about your ability and credibility as a financial regulator.'

NFT hotspots

1. Pudgy Penguins will launch the soulbound token Early to the Party

Jinse Finance reports that the NFT series Pudgy Penguins will launch a soulbound token Early to the Party. Users need to pre-download Pudgy Party and complete registration, and tokens will be distributed to eligible wallets after the game is released.

DeFi hotspots

1.21Shares has renamed its spot Ethereum ETF product to 21Shares Ethereum ETF (TETH)

Jinse Finance reports that 21 Shares US has announced that it will rename its spot Ethereum exchange-traded fund product 21 Shares Ethereum Core ETF (CETH) to '21 Shares Ethereum ETF (TETH)', effective August 28, 2025, without affecting investment objectives, main investment strategies, or any other operational aspects. Customer holdings will not be affected by the name change.

2. Blockchain payment infrastructure Kira completes $6.7 million seed round financing

Jinse Finance reports that blockchain payment infrastructure Kira has announced the completion of $6.7 million seed round financing, with investments from Blockchange Ventures, Vamos Ventures, Stellar Blockchain, Grit Ventures, Credibly Neutral Ventures, Michael Seibel, and Oso Trava. The company currently uses the Stellar blockchain to provide fast, low-cost payment services, focusing on the Latin American market, and supports large enterprises or startups in launching embedded financial products.

3. Guotai Junan International's first batch of structured product tokens completes cross-chain issuance from Ant Chain to Ethereum

Jinse Finance reports that Guotai Junan International, a subsidiary of Guotai Haitong Group, has successfully launched its first batch of structured product tokens, including fixed income redeemable token products and US stock ETF linked capital preservation token products. This batch of token products uses Ant Group's blockchain technology and RWA solutions, innovatively achieving cross-chain secure circulation of structured product tokens from Ant Chain to Ethereum, with all transaction data publicly transparent and immutable, allowing investors to verify independently at any time.

4. Nano Labs CEO Kong Jianping increases his holdings by 480,000 shares of the company

Jinse Finance reports that Nano Labs Ltd (NASDAQ: NA), a provider of Web3 infrastructure and product solutions, announced that its chairman and CEO, Mr. Kong Jianping, purchased 480,000 Class A common shares using personal funds through open market transactions in August. Previously, Mr. Kong had purchased shares twice in May and September 2024. The aforementioned transactions strictly comply with the company's internal trading policies and fully adhere to all applicable laws and regulations.

5. Bitlayer announces BTR token economics, with 40% allocated for ecosystem incentives

Jinse Finance reports that, according to Bitlayer's official news, the Token Generation Event (TGE) for the BTR token is about to start. BTR is the governance token of the Bitlayer ecosystem, with a total fixed supply of 1 billion tokens and an initial circulation of 261.6 million tokens, accounting for 26.16% of the total supply. The tokens will be minted on the Bitlayer network and distributed via the Ethereum mainnet and BNB Smart Chain to achieve cross-chain compatibility. The uses of the BTR token include staking and node voting, on-chain governance, and fee distribution mechanisms. The token distribution plan is as follows: 40% for ecosystem incentives, 20.25% for investors and advisors, 12% for the core team, 11% for public distribution, 7.75% for node incentives, 6% for the treasury, and 3% for liquidity.

Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational reference only and does not constitute actual investment advice. Please establish the correct investment concept and be sure to enhance your risk awareness.