DeFi data
1. Total market value of DeFi tokens: 72.183 billion US dollars


DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $35.58


Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $738.11 billion$1.5 billion


Top 10 DeFi Projects by Locked Assets and Total Value Locked. Data Source: defillama
NFT Data
1. Total Market Value of NFTs: $6.155 billion
2.24 hours NFT transaction volume 1.345 billion USD


Headline
Tether Plans to Return to the Bitcoin Network via RGB
On July 7th, according to Bitcoin Magazine, Tether plans to natively issue USDT on Bitcoin via the RGB protocol v0.11.1, with UTEXO driving commercialization. This means that USDT may return to the Bitcoin network, where it was first issued in 2014 through Omni-Mastercoin. RGB will allow users to send and receive USDT between Bitcoin addresses and compatible wallets. UTEXO stated that the relevant functions are expected to be launched as early as July, with wallets such as TetherWallet and multiple exchanges gradually supporting it.
2. Nvidia-backed Nscale secures $900 million revolving credit facility to accelerate global AI data center deployment
On July 7th, Nscale, the UK-based AI infrastructure startup backed by Nvidia, announced on Tuesday that it had secured a $900 million revolving credit facility to accelerate its data center construction in Europe, the US, and the Asia-Pacific region. The company completed a $2 billion funding round earlier this year, valuing the company at $14.6 billion.
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3. Bank of England Governor: Welcomes Anthropic's Resumption of Visit to Mythos
On July 7, Bank of England Governor Bailey welcomed Anthropic's resumption of visit to Mythos and expressed hope to discuss with Anthropic how the mechanism could be applied to the Bank of England. We take a different approach from the ECB on artificial intelligence and cyber risk, working with banks rather than issuing orders.
4. ING: Tech Investors Reassess AI Investments
On July 7, ING's Jan Frederik Slijkerman wrote in a report that tech investors are reassessing their investments in artificial intelligence, despite the technology being a positive long-term driver. He stated that while tech companies' revenue and EBITDA are expected to rise, investors remain nervous.
... Investors may experience slower earnings per share growth and lower valuation multiples as infrastructure spending leads to increased depreciation costs and reduced share buybacks. Free cash flow is expected to be lower than in previous years, as the positive impact on revenue growth may take time to materialize. This reduces the scope for providing large-scale shareholder returns through share buybacks. 5. DeepSeek Reportedly Developing Inference Chips to Reduce Dependence on Nvidia and Huawei Reuters, citing sources familiar with the matter, reports that DeepSeek, a major Chinese modeling company, is developing its own AI inference chip. This development began about a year ago and is primarily for model inference rather than model training. In recent months, the company has been privately recruiting chip design engineers.
Currently, DeepSeek's model operation and training heavily rely on chips from Nvidia and Huawei. If successful, developing its own inference chip would reduce dependence on external suppliers and provide more cost-effective hardware control. However, this project is still in its early stages and faces manufacturing and memory access restrictions due to US export controls.
DeFi Hot Topics
1. NEAR Protocol's Dynamic Sharding Feature Launched on Testnet, Automatically Splitting Shards Without Manual Intervention
On July 7th, NEAR Protocol tweeted that its Dynamic Resharding feature was launched on the testnet last week in the 2.13 upgrade. Testnet shards can now automatically split when they reach a state size threshold, completing the scaling without manual intervention or coordinated upgrades. This upgrade also includes upgrading the signature scheme to a post-quantum-secure version.
2. Base to Activate B20 Token Standard on July 9th
Base announced that it plans to officially activate the B20 token standard on the mainnet at 2:00 AM Beijing time on July 9th.
The upgrade, originally scheduled for June 27th, was postponed due to stability concerns.
B20 is the native token standard for Base, designed to improve user experience through a faster, lower-cost, and more standardized settlement mechanism, enabling global financial assets to be deployed on the Base network as programmable capital and achieving on-chain composability.
3. Jupiter Strategic Reserve Trust Increases Holdings by Approximately 255,800 JUP Yesterday
On July 7th, the Jupiter Litterbox Trust, a strategic reserve trust fund, increased its holdings by 255,836 JUP, bringing its total holdings this month to 1,928,798 JUP.
As of now, the Litterbox Trust holds a total of 145,730,908 JUP.
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4. Data: RWA deposits in DeFi grew by approximately 200% year-on-year in Q2 2026, despite a roughly 15% decrease in DeFi TVL during the same period
On July 7th, according to data from Token Terminal, RWA deposits in DeFi grew by approximately 200% year-on-year in the second quarter of 2026 (Q2), reaching $7.44 billion, despite a roughly 15% decrease in the total value locked (TVL) of the entire DeFi sector during the same period.
5A trader shorted 3,753.56 shares of SNDK on Aster with 10x leverage, and has currently realized a floating profit of approximately $116,000
On July 7th, according to Lookonchain monitoring, a trader shorted 3,753.56 shares of SNDK on Aster with 10x leverage, with a position value of approximately $6.27 million. Currently, this position has realized a floating profit of approximately $116,000, with a return on investment (ROI) of approximately +18.53%.
Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance your risk awareness.