According to Deflama data, Pumpfun's daily revenue hit a new low since May 2024, reaching US$251,788.

According to Odaily Planet Daily, Gate released an in-depth article today titled " Four major IPO engines are in full swing, and Gate is building a new digital asset ecosystem matrix ." The article details Gate's strategic layout for building a IPO matrix through the four major product lines of Launchpool, HODLer Airdrop, Launchpad and CandyDrop in the current market environment.

The article notes that Gate Launchpool has launched 294 projects, raising a total of $33.34 billion in funds, with over 6.107 million participating users and airdrops totaling over $73.11 million. The highest annualized return over the past three months has reached 4,509%. Furthermore, Gate's latest project, Ika (IKA), supported the USD 1 participation mechanism, resulting in over $228 million in USD 1 pool subscriptions, making the platform the second-largest exchange globally in terms of USD 1 holdings.

As mainstream platforms generally shrink their IPO businesses, Gate has expanded against the trend and built a diversified IPO matrix, injecting new growth momentum into the DeFi ecosystem and gradually establishing a digital asset issuance and circulation system centered on inclusive participation.

According to SoSoValue data from Odaily Planet Daily, with tariff negotiations looming and macro market uncertainties increasing, crypto market sentiment has been depressed, with all sectors suffering losses, ranging from 2% to 6%. Only the SocialFi sector bucked the trend, rising 1.65%. Within the sector, Toncoin (TON) saw three consecutive days of gains, with a 24-hour increase of 2.39%. Furthermore, Bitcoin (BTC) fell 2.07%, falling below $116,000, and Ethereum (ETH) dropped 3.20%, falling to $3,700.

In other sectors, the CeFi sector fell 0.60% in the past 24 hours. Within the sector, MX was relatively strong, rising 1.86%; the Layer 1 sector fell 2.50%, Solana (SOL) and Cardano (ADA) fell 4.59% and 4.74% respectively; the PayFi sector fell 3.51%, and Safe (SAFE) fell 7.03%; the DeFi sector fell 5.17%, and Saros (SAROS) rose 3.94% during the session; the Meme sector fell 5.19%, but MemeCore (M) rose sharply by 17.75%; the Layer 2 sector fell 5.57%.

At the same time, the crypto sector index, which reflects the historical market trends of the sector, showed that ssiSocialFi rose 2.26% in 24 hours, while ssiCeFi and ssiLayer 1 indices fell 0.58% and 2.88% respectively.

According to Odaily Planet Daily, Bernstein stated in a report to clients that the current crypto bull market cycle is still in its early stages, and trading platforms such as Robinhood and Coinbase are expected to benefit from increased trading volume and mainstream market adoption. Bernstein reiterated its "outperform" rating for the two companies and remained confident in their performance. The report showed that Robinhood's second-quarter results announced on Wednesday were impressive, and it continued to expand its cryptocurrency products. Its trading volume soared to a six-month high in July, thanks to the recovery in market volatility and the influence of factors such as Circle's listing, which has led to growing investor interest in ETH, SOL, and DeFi tokens. Cryptocurrency trading volume is expected to rebound significantly in the second half of the year. In addition, the report mentioned that Coinbase has reached a strategic partnership with JPMorgan Chase, which has greatly promoted the popularization of digital assets. JPMorgan Chase's embrace of an industry once criticized by its CEO will accelerate Coinbase's customer acquisition. Bernstein believes that the current crypto bull market is still early, and recent developments have confirmed this view. At present, "no action is needed." (The Block)

Odaily Planet Daily reports that Bitcoin.com has released a crypto derivatives market analysis report, "Crypto Derivatives 101." The report systematically analyzes core products such as futures, perpetual contracts, and options, and comprehensively compares the advantages of centralized exchanges (CEXs) and decentralized exchanges (DEXs) in terms of liquidity, slippage, fees, risk management, and asset custody. The report notes that Binance, Bitget, and OKX are currently ranked as the platforms with the most institutional trading advantages, while GMX and Hyperliquid offer greater transparency and self-custody capabilities for DeFi native users.

The report shows that Bitget has become the world's third-largest derivatives exchange by 2025, with its market share increasing from 4.6% at the beginning of the year to 7.2%. In April alone, Bitget's futures trading volume reached $92 billion, demonstrating leading liquidity and market depth across multiple core trading ranges.