DeFi tokens generally fell, MEME fell over 24%, and YFI fell over 19%.

The Web3 conference hosted by the Web3 Foundation was held in Shanghai on October 30th. Fredrik Harrysson, chief technology officer of Parity, told the conference that the Polkadot Parachain is coming soon and is currently being tested on Rococo, a network that does not have experimental support specifically designed for Parachain. Fredrik Harrysson also shows good manners. He said he called on many companies to understand their needs before designing the card, one of them is working off-chain, the machine running off-chain allows blockchain to access data from the 'environment. At the same time, companies do not wish to disclose all information such as web applications, Parachain can meet the requirements and share security. Parity CEO Jutta Steiner also briefed Parity on the organization of the meeting. Parity has a dedicated ecological development center, a manufacturer and a dedicated DeFi team.