In July, the total value of DeFi protocols' Lock-up Position reached a historical high of $270 billion, with a month-on-month rise of 30%.

Odaily News According to DappRadar data, the total value locked in DeFi protocols reached a historic high of $270 billion in July, a month-on-month rise of 30%. Tokenization of stocks became a highlight of the rise, with the number of active wallets surging from about 1,600 to over 90,000, and market capitalization growing by 220%. During the same period, NFT trading volume increased by 96% to $530 million, with approximately 3.85 million daily active wallets interacting with NFT DApps, slightly higher than DeFi. Although the market warmed up in July, the scale of NFT trading remains below the peak in 2021. (Cointelegraph)