📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, the Decentralized Finance (DeFi) market has shown a significant recovery trend, particularly highlighted by the surge in stablecoin on-chain volume.
In July, the total trading volume of stablecoins on the chain surpassed $1.5 trillion, setting a new historical record. This figure represents a significant leap from $950 billion in January of this year, highlighting the key role of stablecoins in the revitalization of the Decentralized Finance ecosystem.
The reasons for this phenomenon mainly have two aspects:
First of all, the activity on the Ethereum network has significantly increased. As the price of Ethereum breaks through the $4000 mark, a large amount of funds is flowing into liquidity staking protocols, further driving the prosperity of the entire ecosystem.
Secondly, the regulatory environment is gradually becoming clearer. The passage of the U.S. "GENIUS Act" provides a clear legal framework for digital tokens linked to fiat currency, which undoubtedly lays a more solid foundation for the widespread application of stablecoins.
In the field of Decentralized Finance, some projects stand out particularly. For example, the decentralized exchange Uniswap (UNI), the lending platform Maker (MKR), and Compound (COMP) have all shown strong development momentum. These projects are not only leading in terms of technological innovation but have also made significant progress in user growth and volume.
However, investors should remain cautious. Although the DeFi market shows signs of recovery, the volatility of the cryptocurrency market is still high. It is recommended that investors conduct thorough research on project backgrounds, assess risks, and maintain a rational attitude before making any investment decisions.
With the continued growth of stablecoin volume and the ongoing innovation of DeFi projects, we have reason to believe that the DeFi sector is expected to regain its former glory in the future. However, at the same time, we should also closely monitor changes in the regulatory environment and potential technical risks to ensure the healthy and sustainable development of Decentralized Finance.